VRX 19.1% 3.4¢ vrx silica limited

Long suffering holder, page-187

  1. 335 Posts.
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    Just asked them. No response.

    They are always looking at a minimum of 20% return on their money. I know this as fact.

    Looking at a dividend of 2.5c possibly at year 4 of mining if we get there, then 10c will give them this return from an early buy in before it goes North. I can't see many letting go until the 20c mark (10% return ). Quick numbers in my head.
 
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