VRX 5.88% 3.6¢ vrx silica limited

Ann: Half Year Accounts, page-13

  1. 964 Posts.
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    Some are far too forgiving of the performance of this company and the board. It has been years and years of delivering nothing – yet we all cling on to the dream because of the glorious financials if it ever gets delivered

    We all think that once (if) EPA is signed off this will unleash the shackles – but the fact of the matter is there is still so much work to be done. Port, transport, plant, customers!!!

    We still have no cash coming in and are quickly running out! Many predict another CR – yet few are critical. We are constantly distracted by non core activities which the fans flock too – IAF grant and silica flour, geothermal agreement, hydrogen, green hydrogen!!

    The fact of the matter is the board and company performance has been horrific and we missed a chance to send them another message last AGM.

    I expect the usuals to jump down my throat with their cope.
 
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