VRX 7.41% 2.9¢ vrx silica limited

Ann: Application for quotation of securities - VRX, page-17

  1. 3,996 Posts.
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    I agree and disagree
    I do think offtakes are not contingent on Epa
    they could and should drop at any moment and those that r using funds elsewhere may get caught with their pants down
    the timeframe based on samples sent ( assuming the potential customers are happy with the products) would b very very close to a contract IMO

    I am as bent as anyone else here regarding comms ( lack thereof) and time to offtakes but I think Bruce is going to seriously surprise everyone to the upside when it’s announced
    I believe it’s going to b a ten year agreement ( or better) which will allow VRX to borrow against for all plants

    it could also b for some upfront cash ??

    I don’t know but I do have a feeling that it’s very close

    im am fortunate that I have been here for a long time with several bags under my belt on this stock ( albeit those bags have shrunk recently)

    I do feel for those that purchased above 30cents , but those of u who have need to remember why u got here in the first place
    Vrx was never going to be a Disallowed over 10 days

    I believe that it’s better to b here for next 3 to 5 years and u will b rewarded better than chasing every rumoured stock in the asx only to find out down the track your money would have been better in Vrx all along

    I remind people I see this as the next Fortescue !!!
    think about!!$$

 
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