VRX
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5.88% 3.6¢ vrx silica limited

Whilst we wait..., page-2593

  1. mabrook
    7,303 Posts.
    lightbulb Created with Sketch. 1087
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    27/08/20
    12:00
    Post #: 46863581
    The Argonaut report had estimated construction start times for our projects as follows:

    https://hotcopper.com.au/data/attachments/2418/2418352-9cd58df5c093f5159b99670bb2438571.jpg

    This is well out of date compared to VRX latest presentation:

    https://hotcopper.com.au/data/attachments/2418/2418363-cdf9154adb4b1dd4d902bfa8716a9b0b.jpg

    And we should be at a steady state of production by 2024 at the latest:

    https://hotcopper.com.au/data/attachments/2418/2418393-d042da14e602ba1db1ce1acd4d35f714.jpg

    It would be nice to see an updated broker report on the back of the Mining License.



    VRX Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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