VRX 10.0% 3.6¢ vrx silica limited

Daily price prediction thread, page-888

  1. 1,649 Posts.
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    VMP - I think you have misinterpreted the intent of my post.

    I was not trying to compare G1A directly to VRX - clearly G1A is operating a totally different more complex mine/process to produce it's clean product output as you identify. The example was merely to give an example based on Blister's comment where offtake and funding don't always produce an immediate increase in a SP. As you correctly identify VRX has a much simpler road to mining once offtake and funding is in place.

    By the way there is significant potential upside for the IRR of G1A to improve though I am not suggesting to the level VRX is projecting for its operation.

 
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