VUL 2.11% $4.17 vulcan energy resources limited

JCap targets Vulcan Energy, page-221

  1. 13,771 Posts.
    lightbulb Created with Sketch. 8368
    Oh, yes, I see they have responded.
    Interesting. Not bad but of course one must consider the various assumptions, remaining risk and uncertainty... But I suppose that is expected with any early-stage project like this.
    (btw "gender diversity" .. WTF tangent was that all about? lol)
    Just browsed the PFS also...
    Seems to be about 28 wells to circa 2km depth?
    +USD$2B capex?
    IRR 26%?

    Considering the risks, not that impressive as a project, financially, imo.

    Just imo.

    But, as I said earlier, good luck to the company and holders, the world will need all the Li we can produce in the next decade!
    Hope it gets there!

    GL
 
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