The analyst published that target price way before the massive re-rating of lithium plays since the US election outcome.
if you look at resource multiples Vulcan now trades at levels consistent with that of Uk listed Savvanah resources which has a resource in Portugal. Hm. We have a massive resource in the heart of the EV production region - and so transport costs would be much lower and so would be Co2 indirect costs.
As I said above this stock should be at 3.2/sh were we to apply resource multiple of EMH - which I think is a good comparator. Yes they are perceived as having their resource starting earlier than Vulcan’s but they aren’t zero carbon.
This stock is cheap especially heading into a PFS. Watch a NPV of USD1.5-2bn.
- Forums
- ASX - By Stock
- VUL
- VUL megathread
VUL megathread, page-743
-
- There are more pages in this discussion • 6,834 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VUL (ASX) to my watchlist
|
|||||
Last
$4.54 |
Change
-0.110(2.37%) |
Mkt cap ! $854.3M |
Open | High | Low | Value | Volume |
$4.68 | $4.81 | $4.51 | $2.401M | 515.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6000 | $4.52 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.56 | 1560 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 6000 | 4.520 |
1 | 241 | 4.510 |
5 | 2332 | 4.500 |
1 | 1000 | 4.460 |
1 | 5000 | 4.430 |
Price($) | Vol. | No. |
---|---|---|
4.610 | 389 | 1 |
4.660 | 87 | 1 |
4.700 | 5000 | 1 |
4.710 | 1000 | 1 |
4.760 | 1957 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
VUL (ASX) Chart |