We are going to have a lot of eyeballs watching little VRX over the coming weeks and months.
On the conclusion of this deal, we are going to be sitting on very sizeable deposits of High grade Silica. Those foreign owned Companies who have been taking sands will no longer have the monopoly on the business they extract for their own use anyway. We will be supplying markets around the globe on products as diverse as construction sands to fibre optics and fracking propellants.
I'd expect someone to make an offer at some point, but I think we would do better long term to keep the business and get billions in revenue from exports.
The current market cap is peanuts, we should get a decent re-rate in June when all the boxes have been ticked. An approach from a competitor would propel us skywards.
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