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3.7¢ vrx silica limited

The companies you've mentioned do make a valid argument for...

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ZachT

43 Posts.

14

16/05/24

01:50

Post #: 73846529
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The companies you've mentioned do make a valid argument for alternatives with lower risk and better timeframes & macroeconomics though.

Originally posted by Stan88: ↑

I'd agree with Fickle. There is no guarantee this epa couldn't drag on for another 24 months. Then what? Where will the money come from? Bruce isn't exactly putting his hand up. How can we have confidence to buy more when management doesn't have any.
To add to that there is other small caps that are more derisked than VRX which will likely provide a short term SP boost in the next 12 months.

If you look at VUL that has basically doubled in price in preparation for the first production of Lithium Carbonate in mid 2024. They have made a whole supply chain happen in three years.

or Renascor which has strong government backing from both the feds and state government which is drifting around the 8~10c SP range. You think thats still going to be 10c when the offtake with Mitsubishi is finalised?

Same thing with Anson, offtake with LG, strong support from the IRA that Biden put into law.

Has Bruce even applied for anything under the EFA? If so where is the market update?

If I really wanted to enter VRX at this stage I'd wait for the EPA approval then just buy on the open.

I do enjoy the optimism though Zach

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VRX Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
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Last 3.7¢		Change 0.001(1.37%)		Mkt cap ! $23.24M

Open	High	Low	Value	Volume
3.7¢	3.7¢	3.7¢	$4.672K	126.2K

Buyers (Bids)

No.	Vol.	Price($)
4	104786	3.6¢

Sellers (Offers)

Price($)	Vol.	No.
3.7¢	176271	2

View Market Depth

No.	Vol.	Price($)
4	104786	0.036
2	149212	0.035
1	302425	0.033
2	91245	0.032
3	169500	0.031

Price($)	Vol.	No.
0.037	176271	2
0.039	30000	1
0.040	220000	3
0.044	26000	1
0.046	174176	2

Last trade - 10.08am 05/06/2024 (20 minute delay)


Last 3.7¢			Change 0.001 ( 0.27 %)
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