VRX 5.13% 4.1¢ vrx silica limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2

  1. 15,006 Posts.
    lightbulb Created with Sketch. 2561
    few points i picked up that i'm not sure were overtly known, at least to me.

    - ASN - plant, 1mtpa being scrapped to roll straight into a 2 mtpa plant... geez must be confident about offtakes.
    - switching to float instead of spiral processing (known), however this lowers capex and opex (new to me) = higher margins
    - the WATER BORE IS COMPLETE! if that doesn't get you to buy in, what will!?
    - Muchea product of 99.9% SiO2 with Fe2O3 <100ppm (just worth pointing that out again)
    - Summary - VRX prepared and submitted an amended draft on 13 December 2021. 18 January 2022 these were addressed by the Company. The Company understands the Board is scheduled to meet and consider the ESD in late February 2022.
    -
    February is decision time for ASC too.

 
watchlist Created with Sketch. Add VRX (ASX) to my watchlist
(20min delay)
Last
4.1¢
Change
0.002(5.13%)
Mkt cap ! $25.75M
Open High Low Value Volume
3.9¢ 4.1¢ 3.7¢ $5.948K 156.2K

Buyers (Bids)

No. Vol. Price($)
2 100000 3.9¢
 

Sellers (Offers)

Price($) Vol. No.
4.1¢ 60242 1
View Market Depth
Last trade - 15.45pm 07/06/2024 (20 minute delay) ?
Last
4.0¢
  Change
0.002 ( 8.11 %)
Open High Low Volume
3.9¢ 4.0¢ 3.9¢ 99839
Last updated 14.41pm 07/06/2024 ?
VRX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.