Daily price prediction thread, page-948

I think its good to see a mention in the headline as I have also seen reports of a similar nature being published over the past 3-4 months and I'm prertty sure this is the first where we are up top. Looks like they have VRX as the pick for Australian Silica Sand in the near future. The remaining companies that are mentioned in that title are all operating silica sand projects in other countries.

VRX has the largest silica sand resource in Australia and some of the highest grade sand at Muchea. The cost of high grade glass is sky rocketing and I think we are in a good position to take advantage of it. Hopefully offtake for arrowsmith soon and then I look forward to the progress we make on the Muchea project in the near future as I think this is where the big $$ will be made. With the demand for renewable energy set to increase further and the improvement in solar panel technology, we are in the front seat for a hell of a ride.

A lot of people I know that want to install solar panels are hesitant, due to the need for a battery to store the energy for use once they come home from work and these batteries are relatively expensive, not to mention the initial cost of solar panels and their installation. The increased demand for lithium is going to send the innovation in this space through the roof. The cost of cells in lithium ion batteries is continuing to decrease. As these batteries become cheaper, solar panels for the everyday home become an even more attractive option. Couple this with VRX's ability to provide silica sand for the high grade glass needed in solar panels and you have a recipe for success.

https://www.smart-energy.com/industry-sectors/storage/cell-prices-for-lithium-ion-batteries-to-decline-by-46/

https://www.bloomberg.com/news/articles/2020-11-05/a-glass-shortage-is-threatening-china-s-solar-power-ambitions#:~:text=Prices%20for%20glass%20that%20coats,according%20to%20Daiwa%20Capital%20Markets.

Good luck holders. A few red candles over the past week can be annoying but seeing the silica sand market becoming more recognized is reassuring.

Go VRX and all IMO.