The exact sand pricing for Murchea will be a big issue when it comes to
determining the final earnings for the 3 mines. Even though Muchea
accounts for 1/3 of the total annual production tonnage, the higher sand prices
meant it accounted for about 46% of the overall NPV in last August VRX investor
presentation. With the higher sand prices from the latest IMARC report,
the updated NPV percentage will be much higher still. Murchea is really the jewel
in the crown here.
All IMHO, DYOR
Silica Sand prices for low Fe impurity, page-2
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