Good post Jukebox. But Delphi don't have “doing due diligence”...

Good post Jukebox.

But Delphi don't have
“doing due diligence”
on their own.
I reckon there are a number of VRX shareholders holders here who have done that.

And as far as that goes,
as much as I’ve looked and looked and done my DD
I damned if I know why Delphi would buy into a wannabe Silica sand operation on the North East side of Australia.

“Millions.
Hundreds of Millions.
Billions”

The words just roll off the tongue.



“Imagine”if you had 3 BILLION shares on issue!
(its easy if you try)

What exactly does that mean?

A simple exercise to get some perspective.

1 MILLION seconds is approx 11.6 days

500 MILLION seconds is approx 18.8 years
(This approximates VRX shares on issue}

But wait for it!!!

3 BILLION seconds is approx 95.1 YEARS

NEXT:
Everyone has plenty of spare time these days with lockdown etc
And everyone has a calculator.
So everyone can work out the possible earnings per share.

Have fun!

Caveat emptor!