VRX 5.88% 3.6¢ vrx silica limited

Daily price prediction thread, page-9527

  1. 15,035 Posts.
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    its not really an us and them scenario but the clues are all there even just comparing the deets on the websites.

    VRX has 3 DFS' for over a billion tons at 99.6-99.9+, all with mining leases, and is the first mover with engineering complete for the first plant and at the tail end of the EPA, on its way to its first mining licence and operations ..i.e cash flow.

    PEC has beherra which has a scoping study and a JORC. the rest are just prospective land grabs. I also think the pivot or "strategic diversification" into lithium will hurt them in the long run as history is littered with companies chasing too many priorities tends to chew up funds and lead to dilution. that is entirely my opinion though.

    Honestly, its like comparing Pepsi Co with the guy that makes Soda Stream in his kitchen...
    Last edited by blister: 25/07/23
 
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