VRX 0.00% 3.7¢ vrx silica limited

Daily price prediction thread, page-4394

  1. 15,026 Posts.
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    Mate, i think there 1 functioning sand miner in WA at the moment. its a dredge, operation that i think, not 100% sure, was shut down as there request to expand was rejected. VRX is pretty much a first mover, so any talk is purely just optimism from the "new sector" hoping to value add. so no there won't be much out there in terms of valuable information.

    Its a pretty common story for Aus though.....
    1 - find new/large resource
    2 - everyone talks state/nation building industry building a value chain domestically.
    3 - Build mine
    4 - everyone gets filthy rich with the Direct Shipping Ore model.
    5 - everyone forgets about the value chain

    maybe bruce can break the cycle....
 
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