VRX 5.00% 4.2¢ vrx silica limited

Swiftly I may be wrong but I dont think, up until now at least,...

  1. 8,007 Posts.
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    Swiftly
    I may be wrong
    but I dont think, up until now at least,
    FMG has diversified.
    They concentrated exclusively on iron ore.
    So they were, to use your analogy “a one trick pony”
    But unlike VRX,
    they always had lots of competition from established large suppliers, both here and overseas for iron ore.
    Globally, iron ore is a much larger commodity in terms of tonnages used
    and in the margins.
    But by staying focused they became a huge company.

    Keith :
    Comparisons of FMG who were originally a junior mining wannabe
    with VRX at present
    is perhaps drawing a long bow.

    But I like it!

    Dreams are free.
    So let’s dream on.

    Cheers
    bendigo
    Last edited by bendigo: 29/11/20
 
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