VRX 5.88% 3.6¢ vrx silica limited

news behind, page-6

  1. 1,030 Posts.
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    Yes, that's what I thought when I saw the VRX mini pictorial. Looks like a little brother version of SFR's updates. Macquarie say SFR should be consolidating the area to boost its exploration potential (they have had no luck since finding their existing mine). I would love to see SFR move on SRI or any of the others in the area. SFR has so much infrastructure and cash, it could easily take on many of the neighbours. At present, SFR thinks it has great existing exploration potential, so we have to wait until it decides that isn't sufficient. The brokers and big players disagree with SFR's assessment (e.g. the last OZL presentation), so eventually SFR will have to think about consolidation of the area.
 
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