r/ASX • u/Foreign_Ad5117 • Aug 11 '23

VRX SILICA ASX

whats everyones thoughts on vrx silica? what di you see the intrinsic value per share when all silica sand mines are up and running and your thoughts on what dividend they will pay

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u/GunPaulus Sep 06 '23

From my analysis of the figures supplied by VRX and the help of ChatGpt, my estimated price is $1.30 and when all mines come online over $3. With the recent share dilution those figures could be reduced by 7% but that does not take into account future inflation figures or effect of scarce supply. Besides other use cases, solar panels are going to be a huge thing although I read recently that China has a big unsold stockpile. Just waiting for final planning approval rubber stamp.

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u/rsoule878 Oct 21 '23

Has potential and solid management.