VRX 5.88% 3.6¢ vrx silica limited

Ann: Notification of cessation of securities - VRX, page-7

  1. 4,209 Posts.
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    Extrapolate the EPA process on their website. Unfortunately the EPA has long lead times even to write a report. This has been posted many times. Assume the EPA website is correct and they follow their process, Bruce has said it takes 6 months to build the plant. That's October min. And that's only for A Nth. Not sure if they can go straight into 2mtpa straight away but don't forget, the quality mix of A Nth is nowhere near as good as Muchea so I doubt we will make a profit in yr 1 post production anyway. This will be a long haul before we see any divs. At least 2024/2025. Have to rely on cap growth or TO to make a good buck. This has all been posted before and a few of us have been laughed at. Unfortunately reality bites, IMHO
 
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