VRX 2.56% 4.0¢ vrx silica limited

Nice, only very few can visualise the cash cow, debt fund the...

  1. 214 Posts.
    lightbulb Created with Sketch. 36
    Nice, only very few can visualise the cash cow, debt fund the plant, pay back debt ver one year, ship and pay dividends. Sand plant costs are minimal, I estimate 10-20 mil for a full setup, using secondhand equipment from an old heavy sands project may drop setup costs to 3-5 mil. Do not issue shares to raise cash, even look towards offtake clients to fund. I suspect our management are looking at this already, especially with the amount of stock some of the directors are holding..they would be avoiding dilution at all costs. Then there is left field funding....
 
watchlist Created with Sketch. Add VRX (ASX) to my watchlist
(20min delay)
Last
4.0¢
Change
0.001(2.56%)
Mkt cap ! $25.13M
Open High Low Value Volume
4.0¢ 4.3¢ 4.0¢ $11.85K 290.7K

Buyers (Bids)

No. Vol. Price($)
4 108889 4.0¢
 

Sellers (Offers)

Price($) Vol. No.
4.2¢ 8873 2
View Market Depth
Last trade - 12.28pm 06/06/2024 (20 minute delay) ?
Last
4.1¢
  Change
0.001 ( 5.13 %)
Open High Low Volume
4.1¢ 4.3¢ 4.0¢ 259778
Last updated 12.28pm 06/06/2024 ?
VRX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.