IMO, it's kind of, how long is a piece of string with regard to the DFS. Yes, lithium spot prices have skyrocketed, but what does the PFS/DFS even mean anymore? Is it 'dozens' of wells across Europe? Italy? Just the Upper Rhine? Outstanding underlying demand from potential customers already blew away what the first draft PFS had conceived. Now, we have regional geopolitics far beyond the pay grade of any junior lithium miner, calling the shots. Interesting to mention CTR and their hundreds of thousands of tonnes annual production . If geothermal lithium is 'technically possible' and there is a latent demand for en-mass district heating, (ie. former post: Denmark). VUL is solidly in the 'wait and see' category. Just prove it works and we're away... I have on paper lost a bomb on Vulcan (Thanks, Tim Murray, Political Stooge), but I am not concerned - 3-5 months, I think we're in a very different place.
VUL Price at posting:
$8.58 Sentiment: Buy Disclosure: Held
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