I’m with you Mininggold82 And I think the multiples in the share...

I’m with you Mininggold82

And I think the multiples in the share price will
be when VRX is taken over.
Either by a larger local company
or possibly by an international company.

There is no doubt that the 3 combined silica sand deposits of VRX
are of world significance,
with muchea being the gem.

And with global supply decreasing
while demand is increasing
no doubt many of these companies would be
well aware of all this and already running the ruler over VRX

Once all the approvals are in place,
these companies can afford to buy VRX and use their existing cash flows to fund the mining start.
Or perhaps put the reserves into their inventories
for future use.

This may happen well before any actual mining commences.
So current shareholders can “maybe”
expect multiples of the current share price and be able to sell out long
before profits are made from actual mining.
ALL IMO
Stay tuned.
bendigo