i have been openly skeptical of the usa based li brine companies with resources in similar low grades, but vul is different on several counts in my mind.
1/ pumping the volumes of brine required to make these low grades economic would be a major operating expense and possibly kill a project, but the brine here is hot and wants to come to surface under it' own 'steam' (dad joke), so operating costs will be lower than the usa wannabes.
2/ without the li they are still generating green/renewable electricity that germany needs to use in place of aging coal and nuclear power plants, so winning there.
just my 5c worth....wish i'd known about this company when they were 5c.......
Ann: Updated Ortenau Indicated and Inferred Resource, page-82
-
- There are more pages in this discussion • 45 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 VUL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.22 |
Change
-0.240(5.38%) |
Mkt cap ! $794.1M | |||
| Open | High | Low | Value | Volume |
| $4.46 | $4.56 | $4.22 | $1.988M | 458.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 21697 | $4.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.24 | 17915 | 2 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| VUL (ASX) Chart |