VRX 0.00% 3.0¢ vrx silica limited

let's calm down and summarise please, page-29

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    Hey Tumby,

    Your development of extracting lithium from lepidolite is not new. A company (asx code LPD) developed and patented their L-Max technology which basically extracts everything and has no waste as all the minerals are extracted.They are not too far away from commercial qty production. It has taken a number of years but their technology sounds healthy. Unfortunately, lithium is being hit worldwide and basically, no-one can make decent money out of it now as the Sth Americans are flooding the market.
    The above might be slightly off topic but the concept has applicability to V.
    Like lithium, 3 years ago, SP's were going through the roof so lotsa companies got in on the act and the price and SP's of these companies have tumbled - BIG TIME.
    There will be some similarities to V but the good thing, unlike Lithium, is that there is a world shortage of supply of high grade silica sand - AT THE MOMENT.


 
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