VUL 2.37% $4.54 vulcan energy resources limited

VUL megathread, page-5303

  1. 1,067 Posts.
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    The point is, how much risk do you want to invest in a company with no revenue, no proof of scalable product, in a high inflationary envrioment with a management spending millions on consultants regarding pay?

    Without a DFS, this is way overvalued and will burn through cash.

    Living in Europe, and having lived in Germany, you Australian investor have 0 appreciation of how bad the macro climate is here nor that plants take years to come to production in the EU.

    I am not saying that the tech won't prove viable, I am agnostic, I am just pointing out the reality that you are investing in a 1 billion MC with nothing to show other than consultants and a narrative
    Last edited by larrygerry: 03/10/22
 
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