OTCPK:SPVEF - Post by User
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TTMACon Mar 29, 2018 9:04pm
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Sherbrooke Open House
Sherbrooke Open HouseI spoke to Peter Oram, who is doing some of the enviroment permitting, and he feels it will
take some time to get it all done. I also spoke to a representive from Atlantic and he said
they hoped to be up and running by 2022. He felt it will cost 120,000,000.00 to build the mill
to the production stage. He said they were focusing on 15 Mile Stream first. One of the posters said it would need 300 employees to build the mill and employ 170 to 190 people for 7 years when production begins in 2022. It appears they are planning to move a portion of #7 highway to the west to
accommodate the open pit. All in all a very positive feeling from the company and the attendees.
There were about 40 people at the open house and more were coming in as I left at about 5:15.