VRX 2.63% 3.7¢ vrx silica limited

Daily price prediction thread, page-9170

  1. 1,817 Posts.
    lightbulb Created with Sketch. 906
    I'm sure @carna will reply in good time, but I wouldn't be surprised if, like me, he simply is disillusioned by the potential versus the reality here.

    Fact. We have a high desirable resource.
    Fact. We have multiple **centuries** supply of said resource
    Fact. We have multiple mine locations with multiple grades of said resource.
    Fact. The potential value of that resource, in terms of tonnes available to mine x $/per ton profit, is eyewatering
    Fact. That story has not be successfully communicated to the wider investment community
    Fact. Selling now would be selling at almost historic lows
    Fact. When (if?) this does become a profitable exporting operation the share price will improve (and that may well be when LT holders make the call to take a small profit and walk away - YMMV)
    Fact. Takeovers do not happen at x10 multipliers to the share price. Typically the are x1.5 - x3 if you get lucky (this point one could intermesh with the second to last one, with the same result - an SP of 0.30-0.50c)

    Again, I'll let @carna speak for himself, but as another deeply endowed LT holder, by would I sell now? There's (almost) only one way this thing can go from here. It's not disappointment that it isn't going to go up. It's disappointment that the BoD does not appear to have the ability to push this thing to the rerate it's fundamentals deserve.

    (gotta say the talk of @carna having an ability to influence the SP, or @BT being part of the VRX machine, is just Trump level $hit-talk. A bit of decent research would show anyone here on HC that there's a half a dozen or so of us been along for the ride for ~5 years. The real X-File question is who is our one-security posting "friend" who has never answered a single question posed to him, neither has he contributed a single useful post to the various discussions around the stock or the project progress... )

    Hopefully, the next few months will see the SP correct itself.
 
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3.7¢
Change
-0.001(2.63%)
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3.7¢ 3.7¢ 3.7¢ $3.809K 102.9K

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No. Vol. Price($)
1 64590 3.6¢
 

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Price($) Vol. No.
3.9¢ 69999 2
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