A pointless exercise to be honest.
You are not comparing apples with apples.
VRX are a first on the ASX, there are well established private sand companies, but their finances are a guarded secret.
VRX are setting the standards here for others to follow.
VRX have a billion tons of resource to last a couple of hundred years.
We already have expressions of interest for over 15 million tons per annum.
We have the highest grade silica, straight from ground exceeding 99% in places.
At over 3,000 hectares, we also have one of the largest deposits in the world.
We could well be operating on much higher profit margins than originally forecast, at least double.
The demand vs supply deficit will only increase with demand.
Customers will be competing for off-takes.
This is a unique opportunity, to be an investor at the ground level and watch VRX grow to be on the ASX elite list, and be the benchmark in the future ASX silica sector. The off-takes will be the defining point where all this hard work becomes reality.
VRX is beyond comparison.
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Price($) | Vol. | No. |
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