Ann: Acquisition of world-leading geothermal team, page-52

Agreed on the statement because most people who bought into VUL are not the true investors but instead of a speculator (like myself).

If VUL could continue to grow and develop like APT / APX / XRO etc I do see they have still have potentials to be a multi bagger.

The problem now with other lithium / battery related companies is that the business developments still have a lot of unknown futures. Especially market is so competitive at the moment with other companies like EGR / TLG and now LKE / BEM claiming their product / green businesses model are so unique and special - It is very hard to believe them as none of them have actually achieved anything so far.

While other established lithium businesses like PLS / ORE / GXY are struggling to make a profit still.

Value is to be determined by the market at the end of the day - no point to go against the market if they don't value this company as what they used to. Have similar experience with A2M, love the stock and business, but SP got smashed so badly because others dont.