VRX 5.00% 4.2¢ vrx silica limited

Ann: Significant Reduction in Overheads & Costs Management, page-124

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  1. 15,140 Posts.
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    its possible that they take it private, but there would be some complications with that approach. Liquidation would put them out of the decision seat, and if there was any value in the tenement they'd find themselve in a bidding war. Alternatively, buying us out would put Sparta and cannacord on the outs not to mention any sophs they've screwed as we'd be getting pennies on the dollar as we are at all time lows since being focused on sand.

    part of me still believe they want to have a genuine crack at this, but they are simply bad at their jobs. I trust in their greed though that they'll ride this to the bitter end.
 
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