VRX 6.67% 2.8¢ vrx silica limited

Ann: VRX Investor Webinar, page-114

  1. 6,685 Posts.
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    I just found this website, showing some VRX employees. The mission statement made me laugh ....

    https://www.clodura.ai/directory/company/vrx-silica-sand

    "VRX Silica Sands mission is to maximise shareholder returns through the discovery of economic mineral deposits and the development of profitable mining operations. The Companys immediate focus is on developing the high-grade silica sand deposits in its portfolio and taking them through to production and export sales View More"

    A more accurate statement based on the documented history would be

    VRX Silica Sands mission is to maximise director's and senior management's returns through the discovery of economic mineral deposits, the development of profitable mining operations, and the sale of personally held shares to institutional investors at times coinciding with an elevated share price valuations.


    All IMHO, DYOR
 
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