VRX 18.2% 3.6¢ vrx silica limited

Silica Sand prices for low Fe impurity

  1. 320 Posts.
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    That sounds very very very good. Well done. Great research!
  2. 7,303 Posts.
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    VRX should really do a nice sexy update of their BFS with those prices. Without a doubt, prices for the raw material have just about doubled since they started focusing on silica sand in 2017.
    The sand at Muchea is clearly worth a kings ransom, and the shear size of Arrowsmith makes competitors look small time.

    I wonder if the ever increasing costs of the raw material, particularly against the backdrop of a recession caused by covid, and now a recovery, is actually complicating the off-take negotiations for the customers?
    Somehow they have to forecast their silica consumption well into the future, which is no longer as predictable.
 
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