VRX vrx silica limited
Add to My Watchlist 8.05% ! 9.4¢

26 weeks and counting., page-11

  1. SwiftySX
    1,287 Posts.
    lightbulb Created with Sketch. 315
    clock Created with Sketch.
    24/07/18
    17:12
    Post #: 34541262
    Who would you sell to?

    My take on all of this is that the ASX is questioning how VRX can possibly gaurentee that they will be able to pay the $50M if they break ground. How can they possibly know what value lies within the Muchea tenement and make such a large commitment. For all we know VRX could proceed with the deal and then establish that there is way less (or no) resource leaving the company with a huge financial commitment and no way to pay it.
    VRX Price at posting: 6.7¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

AII Building assets, producing critical minerals and slashing dependency on China
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
9.4¢ 		Change
0.007(8.05%) 		Mkt cap ! $70.24M
Open High Low Value Volume
9.5¢ 10.5¢ 9.4¢ $214.3K 2.218M

Buyers (Bids)

No. Vol. Price($)
1 50000 9.3¢
 

Sellers (Offers)

Price($) Vol. No.
10.0¢ 28000 1
View Market Depth
Last trade - 16.10pm 08/08/2025 (20 minute delay) ?
VRX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.