VRX
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16.7% 3.5¢ vrx silica limited

SFR is the logical one to do a deal as most of the capex is...

  1. dorak
    1,131 Posts.
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    25/08/13
    21:00
    Post #: 12241968
    SFR is the logical one to do a deal as most of the capex is already on their site,only 40 klms away.Workers could travel daily from the existing SFR campsite.

    SFR would also extend its mine work life.

    But possibly SFR will play too hard a game as they know that funds are dwindiling fast at VRX.

    Lets hope for a sensible negotiated outcome.
    VRX Price at posting: 31.2¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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