VRX 6.67% 2.8¢ vrx silica limited

Daily price prediction thread, page-10301

  1. 329 Posts.
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    The only thing different for VRX is no precedents to compare with, as it is the start of a new resource for Western Australia. The EPA creating new boxes to tick and a new method of rehabilitation is another factor. This may just create a small delay compared to other companies. IMO

    As for the existing silica mines in W.A. they are working under extraction licenses, which mysteriously don't work under the EPA, but only under DWER. Somehow they can drop bores and extract water with little scrutiny. I still wonder if Bruce may have thought VRX may come under this years ago. This process takes a year or so to get the go ahead. Personally I think it's wrong how this system works.


 
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1 156780 2.8¢
 

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2.9¢ 7000 1
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