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5.56% 3.8¢ vrx silica limited

Ann: Arrowsmith North Updated BFS, page-158

  1. Ozprey64
    348 Posts.
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    21/06/24
    16:45
    Post #: 74430312
    The HPSS price has been depressed for months. Currently the cost of production and shipping does not make it worthwhile to mine and ship. Apparently the supposed wordwide shortage hasn't materialised. It doesn't make sense to sign up for a long term contract unless there is healthy margin.
    VRX Price at posting: 4.2¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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