VRX 2.44% 4.0¢ vrx silica limited

Ann: Entitlement Issue Prospectus, page-39

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  1. 1,248 Posts.
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    Here's the the thing to consider. Why is mostly all funding being directed towards Muchea?

    1. There's nothing left to advance on ASN until after the EPA report (whenever that is) and so may as well progress Muchea while there is still some heart beat left to raise money to do so.
    or
    2. There's nothing left to advance on ASN because it's DOA within the EPA and so may as well progress Muchea while there's still some heart beat to raise money to do so.

    At this price you can literally write off ASN and look at it as a fresh start/investment into Muchea as the reasons for investing.
    Muchea has always been the jewel.
    Develop amnesia about the past and set your goal on Muchea.


    Any ASN progress that comes about between now and Muchea EPA stage 4 are like a free attaching option.
 
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