VRX 9.09% 3.0¢ vrx silica limited

Yes. But the most important line he said which the uprampers...

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    Yes. But the most important line he said which the uprampers don't want to hear (or me) was straight after that Muchea was next "and that will keep us busy for the next 4 to 5 years"
    If I understand that right, that means that he is expecting clearance to get Muchea running in 4 to 5 years.
    That to me, is a red flag because vrx has to have Muchea running to make any decent money.
    I will certainly be reassessing my hard earned . A nth will generate some cash but I would think that the first 2 to 3 years of cash will need to be ploughed back into the business to get the other tenements going. The profit margins for a nth product is nowhere near Muchea.
    Did I miss hear him?
    Imho & dyor
 
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