VUL 4.28% $4.25 vulcan energy resources limited

Ann: Trading Halt, page-29

  1. 1,845 Posts.
    lightbulb Created with Sketch. 9595
    @OLLYHOFF95
    Before the announcement of the CR, I charted our price heading to $17. (we were at 16.65)

    Then PLS had their BMX auction and sold their spod for a record price, nearly double the previous months.

    This sent the lithium sector alight for a couple of days which should have seen us powering towards $18
    The CR announcement, took the wind out of our sales.
    Then the instos and the shorters, drove the price down well below the CR price.
    These knuckleheads created a fantastic buying opportunity for us, and now with this announcement, the shorters testicles just exploded....bloody beautiful.For the moment, they are trapped.
    When we come out of our halt on Monday, with this announcement and the conclusion of the CR, it will squeeze them out as they try and exit, and will help the SP recover. Hope they loose heaps...
    So let this CR wash through, as the eventual traders or profit takers take some money off the table.
    This will then become the next leg up...
    We should then be heading towards $19-20
    And dont worry Vulcaneers, this is all short term noise.
    If you can hang on, the prize will be given to you when we are at or near production.
    All in my humble opinion.
    Good luck everyone.
 
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