hundreds of millions is a bit of an over stretch. they've only had the sand projects for 5 or so years and i think cash burn has been really controlled, way less then 5 million a year (i'm not going to check though).
However, your point is still true.....about to start making serious money.
Silica Sand prices for low Fe impurity, page-73
-
- There are more pages in this discussion • 134 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VRX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.50M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 168192 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 186660 | 1 |
View Market Depth
| Last trade - 16.12pm 26/07/2024 (20 minute delay) ? |
| VRX (ASX) Chart |
Day chart unavailable