Well those original BFS numbers are going to look small in reality if VRX can pull this off.
After the initial year, I can see them having to really ramp up production just to try and keep pace with the obvious demand, maybe double to 4 million TPA for Muchea and 4 million TPA for Arrowsmith.
Apply a more realistic NPV of 5 or 6% to 8 million TPA production and see what you can come up with. It doesn't really shorten the mine life, as with a bit more test work the inferred ore reserves can be upgraded to probable reserves once proven.
I can also see that on-site downstream processing being the only logical solution for such high demand.
If we can't move a mountain of silica sand to the customers fast enough, bring the customers to the mountain.
- Forums
- ASX - By Stock
- VRX
- Daily price prediction thread
Daily price prediction thread, page-125
- There are more pages in this discussion • 10,687 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VRX (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.4¢ |
Change
-0.001(1.82%) |
Mkt cap ! $31.50M |
Open | High | Low | Value | Volume |
5.5¢ | 5.6¢ | 5.4¢ | $23.76K | 438.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 29665 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.6¢ | 35351 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 29665 | 0.054 |
1 | 200000 | 0.053 |
1 | 30000 | 0.052 |
2 | 24819 | 0.050 |
1 | 12000 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 35351 | 1 |
0.057 | 18368 | 1 |
0.058 | 54507 | 1 |
0.060 | 176121 | 5 |
0.062 | 500000 | 1 |
Last trade - 15.59pm 16/05/2024 (20 minute delay) ? |
|
|||||
Last
5.4¢ |
  |
Change
-0.001 ( 1.82 %) |
|||
Open | High | Low | Volume | ||
5.5¢ | 5.6¢ | 5.4¢ | 161460 | ||
Last updated 15.59pm 16/05/2024 ? |
Featured News
VRX (ASX) Chart |