I don’t understand the sell-off on this ann? Capex seems fairly modest in comparison to possible returns.
Timelines for Arrowsmith and Muchea BFS maybe longer than some were thinking but not unreasonable.
Price has been sinking for some time which I had assumed was related to other punters’ fears of a low-ball on market cap raising. I’m thinking (hoping) that BM has a different strategy to raise capital? Ideally some prepayments from large Asian customers to secure offtake agreements? Or a cap raising (at a significant premium to current SP) to institutional investor(s)?,
Ann: Silica Sand Processing Plant Design and Costs, page-14
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VRX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.84M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 46511 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 9225 | 1 |
View Market Depth
| Last trade - 16.12pm 15/11/2024 (20 minute delay) ? |
| VRX (ASX) Chart |
Day chart unavailable
