VRX 9.09% 3.0¢ vrx silica limited

The port is pretty low risk. There has been an expansion there...

  1. 1,820 Posts.
    lightbulb Created with Sketch. 910
    The port is pretty low risk.

    There has been an expansion there on the cards for some time, and that process will gather momentum as serious (i.e. customers producing product) materialise.

    A mineral sand handling facility has alway been part of that expansion - to the point where the location of that extra land has been earmarked by the MWPA

    VRX have also been having an ongoing dialog with Arc Infrastructure of the rail solution, but again, this cannot progress until there's something solid to negotiate (how many tonnes, for how long, with the possibility of mow much more in future years...)

    The logistics stuff is sort of "mine it and they will come", because it is all purely commercial.

    IMHO, it's the unknown unknowns that are the ar$e biters.
 
watchlist Created with Sketch. Add VRX (ASX) to my watchlist
(20min delay)
Last
3.0¢
Change
-0.003(9.09%)
Mkt cap ! $18.84M
Open High Low Value Volume
3.4¢ 3.4¢ 3.0¢ $20.39K 666.4K

Buyers (Bids)

No. Vol. Price($)
1 30000 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.2¢ 200008 1
View Market Depth
Last trade - 12.32pm 08/08/2024 (20 minute delay) ?
VRX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.