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19.1%

3.4¢ vrx silica limited

Ann: Aboriginal Heritage Clearance for Arrowsmith Projects, page-38

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blister

15,099 Posts.

2617

10/11/20

10:02

Post #: 48758438
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Originally posted by Simonmobile ↑

If this makes $1 in 3 years, i will consider this a massive success. I know many others have higher expectations, but I think would be a huge ROI

I wonder what the risk is of competitors is. I'm sure VRX isn't sitting on a more than a fraction of the silica sand in Australia.

We've done the hard yards to be the first movers of the 'new generation', It will be na easier job for the followers.

I wonder how we will build our moat? More sites. Tie up the supply chain. Another business i was in before was up 50% yesterday. It's going to be like Dune as people battle for sand

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$1 would be (at today's SOI) $890m MC, which implies a revenue of $89 million. IMO that would be the lower bound of SP expectations.

I don't see $1 as a possibility, but an inevitability within the next 24 months.

VRX Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.4¢		Change -0.008(19.1%)		Mkt cap ! $21.36M

Open	High	Low	Value	Volume
4.0¢	4.0¢	3.4¢	$20.64K	547.9K

Buyers (Bids)

No.	Vol.	Price($)
2	41073	3.4¢

Sellers (Offers)

Price($)	Vol.	No.
3.5¢	5739	1

View Market Depth

No.	Vol.	Price($)
2	41073	0.034
1	100000	0.032
2	132963	0.031
1	33330	0.030
3	440647	0.028

Price($)	Vol.	No.
0.035	5739	1
0.040	54011	1
0.041	38235	1
0.042	328937	3
0.043	9523	1

Last trade - 15.59pm 01/10/2024 (20 minute delay)

VRX (ASX) Chart

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