VRX 3.51% 5.5¢ vrx silica limited

VRX management structure

  1. 6,234 Posts.
    lightbulb Created with Sketch. 2273
    One of my other resources stocks is a gold miner of similar size
    to VRX (market cap, Capex, forecast EBITDA), and this company (CAI) is
    currently in the process of building their mine operations in WA to commence
    production in early 2022. Their board (directors & ,management)
    currently consists of 8 people. Since the VRX board has 3 people, but
    proposes to start building mining operations on the same timescale,
    I'm wondering when (and if) they plan to recruit more people to the VRX
    board ? In fact, Bruce seems to be the only one of the three with any
    experience at building a mine, Paul and Peter both have a finance background.
    https://vrxsilica.com.au/about-vrx/
    I would have thought they should be announcing such appointments right
    now, given the timelines suggested by Bruce. Surely the guy doesn't propose
    to build Arrowsmith N entirely on his own ? Can anyone recall if this issue
    has been raised previously ?

    All IMHO, DYOR
 
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