The difference is lake resources is one mine in the mountains in Argentina, not near the battery makers and with politics and social discontent to negotiate.
Whereas VUL is next door to the battery makers and is currently the biggest market after China but needing LiOH with a lower carbon footprint, in a more stable and wealthier environment and has the capacity to grow throughout the geothermal areas in Europe and beyond.
Not to mention the extra energy for the grid, carbon credits for the customers, and more than likely cheap funding to build once the DFS comes in, to supply high quality customers already signed up.
Did I miss anything?
Short Seller Report, page-275
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Last
$4.60 |
Change
0.400(9.52%) |
Mkt cap ! $865.6M | |||
| Open | High | Low | Value | Volume |
| $4.35 | $4.61 | $4.35 | $3.623M | 801.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $4.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.60 | 12749 | 5 |
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| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| VUL (ASX) Chart |