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4.76%

4.0¢ vrx silica limited

Daily price prediction thread, page-6327

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carnabombers

4,408 Posts.

1278

26/02/22

12:18

Post #: 59840739
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Originally posted by blister: ↑

depends how they break it down. the debt/equity for the capex will be a structure element so they wont be abke to sink all that much cash into it as the financier will want their pound of flesh. us silica is a monster company and has many functions and minerals including retail facing bagged products so its not a great comparison as its p+/- is a jigsaw of activities.

genuinely, i expect vrx to profitable from first production noting its fob pricing, Bfs was base case and debt is structure repayments (assummed). yes there will be ramp up to the 1million tons which will make a curve upwards from a low base but the mining process such as it is, is that you're only paying out when you're generating product... i.e no fixed costs above the already established corporate function (3 dudes in an office). no onsite "village", no fifo, no bagging facility, no shop front, trucks will be contracted etc etc...

i take your point. but i genuinely think this will surprise people as to how low drag the opex is.

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I take your point. I guess it depends largely how the capex is funded.
On the positive side, a co. Not making any money can still have an sp at us$14. So that augers well for V providing we get past next week at the epa.

VRX Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.0¢		Change -0.002(4.76%)		Mkt cap ! $26.38M

Open	High	Low	Value	Volume
4.1¢	4.1¢	4.0¢	$4.276K	105.6K

Buyers (Bids)

No.	Vol.	Price($)
4	205023	4.0¢

Sellers (Offers)

Price($)	Vol.	No.
4.2¢	163148	1

View Market Depth

No.	Vol.	Price($)
4	205023	0.040
2	261877	0.039
1	52631	0.038
4	283819	0.035
1	16000	0.033

Price($)	Vol.	No.
0.042	163148	1
0.043	35000	1
0.044	250000	1
0.045	10000	1
0.047	38619	2

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