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3.7¢ vrx silica limited

There could be lots of wiggle room. The EPA could approve AN...

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MrPM22

990 Posts.

99

03/02/23

11:33

Post #: 66051542
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Originally posted by blister: ↑

in my estimation, if it hits 8c, it ain't coming back. that's an MC of 44mil which would indicate a 33% collapse in an already beaten stock. something would need to be mechanically wrong for this to occur. 8c seems like an arbitrary pluck.

I too road the wave, bought on the way down and continue too. I don't see sub 50m MC on the cards, but I'd can't not acknowledge the woeful comms and the underlying concern that the longer this drags on the more suspicious folks grow and fresh capital/holding becomes more difficult to justify. however, I feel like this is a coma not a conspiracy..... aint nothing to do but wait. if epa reject we are worth $0 ... if approved ... we rich... very little wiggle room in that I'm afraid.

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There could be lots of wiggle room. The EPA could approve AN with restrictions and delay AC and Muchea indefinitely, awaiting more solid or substantiated results re VDT after a few years of actual reality testing of the process. Moreover, I would say that is the more likely outcome especially since Tanya Plibersek is the Federal Environment Minister. If the WA EPA just gives blanket approval, then to me they would not be seen to be doing their job. All IMO.

Last edited by MrPM22: 03/02/23

VRX Price at posting: 12.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 3.7¢		Change -0.003(7.50%)		Mkt cap ! $23.24M

Open	High	Low	Value	Volume
3.9¢	4.0¢	3.6¢	$33.34K	885.6K

Buyers (Bids)

No.	Vol.	Price($)
1	24001	3.6¢

Sellers (Offers)

Price($)	Vol.	No.
3.7¢	92211	1

View Market Depth

No.	Vol.	Price($)
1	24001	0.036
4	108000	0.035
4	271873	0.034
2	402425	0.033
1	31245	0.032

Price($)	Vol.	No.
0.037	92211	1
0.039	25000	1
0.040	772000	3
0.041	670487	3
0.042	261626	2

Last trade - 16.10pm 25/06/2024 (20 minute delay)

VRX (ASX) Chart