if anyone can offer some answers appreciated.
Timelines- What is the significance and why the pressure on timelines with VRX? - apart from almost everyone wanting a SP increase.
Looking at the usual market size graphs of silica sands the shortage "gaps" are some time away circa 4 years. With that in mind if there was anywhere near a current squeeze, 101 supply v demand dictates anything with our material in it (screens, solar panels....) should already be increasing to a consumer end cost, for the most part IMO it's getting cheaper and cheaper = must be sufficient supplies ATM.
That's my reasoning why off-takes are not hot right now, potential buyers can-keep-keeping-on and hardly desperate . It appears to be similar to other sand types on the ASX with half-baked off-takes. Ultimately the EPA could drop tomorrow so apart from unlocking a paper value the tangible stuff may still lay idle. Keep calm when your phone screen cracks.
All IMO DYOR
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2 | 65000 | 0.025 |
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4 | 319998 | 0.020 |
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