It seems that the more excellent progress VUL report, the lower the SP goes.
I have no doubts about their technology.
I have few doubts that they'll get all or most permits for the deep drilling they want to do, given the need for green energy and lithium plus the number of existing geothermal wells in the region.
I have few doubts about them getting the required financing on good terms. This is a very attractive project and I wouldn't rule out Government grants either.
Although I sold a lot when things were over-cooked at $8-12, i'm still free-carrying a lot and will look to invest more cash as I exit other positions
Ann: Commissioning start at Lithium Extraction Optimisation Plant, page-25
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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 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| VUL (ASX) Chart |