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VRX

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4.2¢ vrx silica limited

Silica, research points to a huge growth market., page-74

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WombatKeith

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22/09/18

09:08

Post #: 35770043
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Originally posted by Mitchum ↑

The numbers look fantastic on the initial magsep figures but there is more to come as indicated, I estimate an across board Silica price average of $35 pmt. = per metric ton, not pre woman’s thing, to Average of $400 pmt and if we can hit the magic of crucible quality Silica for silicon conversion it will be up to $10,000 pmt and that is a hard cold fact, not a big market but every semiconductor made has to derived from high grade or the defect ratio goes ballistic. We are in a perfect position now to supply optical quality high grade, a massive market, I can tell everyone that this is takeover central. I hope not as the huge appreciation in price is around 12 months away. When I have said that this is a set and invest stock I was on the money. Look at the accumulation today , it’s Friday after a 26% run, where was the sell out? There is none, this is easy a ten bagger for those with patience.
I can feel it in my bones, also take note that the management are not snouting the trough like so many other stocks, they will get their payday via their own shareholding’s like the patient holders.

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Although the tech metal market is minute volumetrically, I could imagine creaming off the the cleanest fraction of Muchea for small batch processing in labs to get it to the 99.999999999% purity required for semiconductors. The manufactured ingots are millions of dollars per kg so the input materials must be pretty expensive as well.

VRX Price at posting: 9.5¢ Sentiment: Buy Disclosure: Held
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