At March 1, 2017, the EPA is in the process of investigating the possibility of environmental violations at one ofBowe-Whitney'ssites, but has not proposed a penalty assessment. Management feels an assessment is reasonably possible, and if an assessment is made, a settlement of up to $33 million is probable.

Exactly what are they saying? I understand that there is a possibility of settlement, however, I still do not get the rest. Please explain further.

Thank you!

Glenda