VUL 3.45% $3.92 vulcan energy resources limited

Ann: Vulcan granted new geothermal and lithium brine licence, page-20

  1. 1,745 Posts.
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    Great announcement. Although early stages maybe the market says it in the future and is more concentrated on current soft market conditions. We have the money to do the early preliminaries. IMO the government urgent priority is power for heating for industry and domestic …we have the expertise in both heating and lithium extraction. It is more profitable in extracting lithium, than heating but we are using our expertise in heating and power generation to get a foothold in these permits that could possibly be a gold mine in the future if lithium at commercial levels can be extracted. You can bet that if this project looks commercial,the permitting procedure will be expedited .
 
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