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5.88% 3.6¢ vrx silica limited

Hi guysI'm new to the Silica space only having read about this...

  1. GeoPacker
    209 Posts.
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    25/07/23
    15:03
    Post #: 68971212
    Hi guys

    I'm new to the Silica space only having read about this recently due to my investment in PEC.
    Note that i invested in PEC for their recent lithium project acquisition and not for their flagship Silica project.

    I'm just wondering if anyone could shed some light here. How on earth is PEC valued at only $9m with 137.8Mt at 98.6% SiO2

    What am i missing here? Would appreciate some feedback from those knowledgeable in the space

    I would also like to know why VRX in comparison is valued at $90m. Are they more advanced and in what way?

    Thanks IA!
    VRX Price at posting: 16.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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