VRX vrx silica limited

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4.0¢

Asian infrastructure projects at risk., page-7

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WombatKeith

98 Posts.

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04/04/18

14:19

Post #: 32214760
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Originally posted by mabrook ↑

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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Mabrook,
I think the spellchecker fairy has been at work! " fracking propellants" sound pretty good but we are dealing with proppants.

Hydraulic fracturing proppants - Wikipedia

https://en.wikipedia.org/wiki/Hydraulic_fracturing_proppants

A proppant is a solid material, typically sand, treated sand or man-made ceramic materials, designed to keep an induced hydraulic fracture open, during or following a fracturing treatment.

Keith.

VRX Price at posting: 6.7¢ Sentiment: Hold Disclosure: Held
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ASX Today: Australian shares fall as retail and banks drag on index

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Asian infrastructure projects at risk., page-7

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Tungsten has soared +700% YTD, the US is curbing its exports, and this ASX stock is targeting production in Q1CY27

ASX Today: Australian shares fall as retail and banks drag on index

Market Open: Oil jump likely to impact ASX numbers as Wall Street falls

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