Australia's largest stock trading and investment forum Australia's #1 stock forum

VRX

Click for more information

0.00%

2.7¢ vrx silica limited

Daily price prediction thread, page-2841

First 2841 Last

Share
Profile

Follow
Portiss

1,125 Posts.

1640

12/06/21

07:41

Post #: 53807864
Share

Originally posted by The Alchemist: ↑

He only has to get one big contract for Muchea and that makes this a $B company.
If, over a few years they expand the operation, it will be a multi $B company. That's the reward side. It's at least a ten bagger over the next 3 - 4 - 5 years when they have 3 mines running. And as far as mining goes, industrial minerals are less at risk of commodity cycle fluctuations. One of my senior lecturers at university said never underestimate industrial minerals. The statement was ideally made for VRX. (Thanks Geoff)

A $1B company paying a 6% dividend equates to $60M. At a market Cap of $2.5B, that goes to $150M...... or more than 26c/share..... forever. That's what I'm after.

Expand

Also there’s the Arrowsmith South and Boyatup prospects which are yet to be further investigated. Plus there’s a large unsurveyed section in the Arrowsmith North Explorarion Lisence that could have another prospect in there.

3 projects guaranteed with the potential for VRX to be running 5-6 in total. We could reach $2.5B easily.

HODL

VRX Price at posting: 26.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

BOE

Boss Energy ramps up as industrial-scale plant build continues; FY25 guidance of 850Klb intact

Is the ASX getting its groove back? Here's 5 IPOs in September to watch

SKS

SKS secures $20M for extension works on Melbourne data centre

GDP grows 0.2% in June quarter, but annual growth the slowest since the 1990s

LTR

Liontown's first spodumene shipment to leave Kathleen Valley this month – but prices far from 2022

There are more pages in this discussion • 8,016 more messages in this thread...

First 2841 Last

Add VRX (ASX) to my watchlist

(20min delay)
Last 2.7¢		Change 0.000(0.00%)		Mkt cap ! $16.96M

Open	High	Low	Value	Volume
2.6¢	2.7¢	2.6¢	$988	37.97K

Buyers (Bids)

No.	Vol.	Price($)
2	292075	2.6¢

Sellers (Offers)

Price($)	Vol.	No.
2.7¢	145539	1

View Market Depth

No.	Vol.	Price($)
2	292075	0.026
1	25000	0.025
2	148000	0.024
2	85451	0.022
3	299998	0.020

Price($)	Vol.	No.
0.027	145539	1
0.028	103840	1
0.030	23809	1
0.031	240832	3
0.032	409896	3

Last trade - 13.01pm 04/09/2024 (20 minute delay)

VRX (ASX) Chart