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16.7% 3.5¢ vrx silica limited

The exact sand pricing for Murchea will be a big issue when it...

  1. dbd25
    6,649 Posts.
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    17/03/21
    20:47
    Post #: 51846701
    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


    VRX Price at posting: 30.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 15  Upvote
    lightbulb Created with Sketch.  Great analysis
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