VUL 0.47% $4.23 vulcan energy resources limited

Ann: European Investment Bank proposed EUR500m ($825m) financing, page-38

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    “Separately: can’t help but wonder what the financial parties doing their DD think about a study with an assumed 20-year LiOH price of $30K versus current levels of $14K… those IRR/NPV metrics probably look vastly different now.”

    Maybe not so different for Vul who has offtakes with contractually fixed Li prices for the full first 5 years of production.

    Regarding the market selling Vul down after the April 2023 65:35 funding announcement, I’m sure you don’t need me to post you a chart of the lithium price and sp of lithium developers since that date to realise the correlation.


 
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