VRX
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5.00% 4.2¢ vrx silica limited

Ann: Half Year Accounts, page-32

  1. uranium69
    5,351 Posts.
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    15/03/24
    01:57
    Post #: 72896160
    vrx got the deposits....

    they got lot of sand ready to ship to asia
    ..

    just like all developers, they need $$$$$ lot of cash...

    they expect production in 2025 next year but... can they get there without diluting shareholders......

    it be good if they have a jv or contracts...

    this is good news for people who going buy vrx after capital raise...

    bad for current shareholders....
    https://hotcopper.com.au/data/attachments/6031/6031815-d3e9033d45413559952189f32ebc55cf.jpg
    VRX Price at posting: 9.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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