When you crunch the numbers and look at the project economics the Galalar Silica project looks like a beauty and makes the M/C of DRX looks extremely undervalued at around $25m...
8 month payback is as attractive as they come, even VRX has a payback of 2.3 years...
Good long term hold imo and we are also neighbors to the worlds largest silica sands project owned by Mitsubishi which has been operating for 30 + years!
DYOR
When you crunch the numbers and look at the project economics...
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Last
2.0¢ |
Change
-0.001(2.44%) |
Mkt cap ! $100.1M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 2.0¢ | $7.377K | 368.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 7397636 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 15918 | 1 |
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| Last trade - 10.00am 12/09/2025 (20 minute delay) ? |
| DRX (ASX) Chart |