Australia's largest stock trading and investment forum Australia's #1 stock forum

VRX

Click for more information

0.00%

2.8¢ vrx silica limited

Ann: Entitlement Issue Prospectus, page-130

First 130 Last

Share
Profile

Follow
Sheps1

329 Posts.

211

14/05/24

12:52

Post #: 73815085
Share

Originally posted by Fickle John: ↑

I thought about this and decided no. 4 years ago we felt there was a path to revenue in the short term, 2 years later the EPA was imminent and organisations lining up for offtakes.

2 years and it seems like virtually no progress has been made.

What we thought was 6-12 months, has now become 3-4 years.

The lack of communication and progress as an enterprise makes me feel like this could take another 3-4 years to revenue if it all.

I wouldn't put another penny in unless the EPA's were all but done. There will be a massive capital raising then and whilst the reward will be smaller, i'd be confident on the return.

Money in now could be dead money that could be invested elsewhere.

For the record, for those who do buy in now. I hope you crush it and make a fortune. And I hope you dedication pays off for those who held from 40c to 5.

Expand

You didn't read my post. This is looking only from now. Fresh eyes. You are looking at history. If you had never invested until today.

Last edited by Sheps1: 14/05/24

VRX Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

NAM

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

ASN

Utah authorities sign off on Anson's lithium extraction plans at Green River

VUL

Vulcan appoints investment bank and M&A veteran to board

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

There are more pages in this discussion • 32 more messages in this thread...

First 130 Last

Add VRX (ASX) to my watchlist

(20min delay)
Last 2.8¢		Change 0.000(0.00%)		Mkt cap ! $17.59M

Open	High	Low	Value	Volume
3.0¢	3.0¢	2.8¢	$3.568K	118.9K

Buyers (Bids)

No.	Vol.	Price($)
2	81659	2.8¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	901373	1

View Market Depth

No.	Vol.	Price($)
2	81659	0.028
5	596352	0.027
1	291745	0.026
2	105000	0.025
2	148000	0.024

Price($)	Vol.	No.
0.030	901373	1
0.031	216660	2
0.035	108830	1
0.040	11626	1
0.048	46773	1

Last trade - 15.57pm 13/09/2024 (20 minute delay)

VRX (ASX) Chart

SPONSORED BY