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$4.53 vulcan energy resources limited

Ann: European Investment Bank proposed EUR500m ($825m) financing, page-53

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JoeGambler

7,391 Posts.

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26/02/24

16:31

Post #: 72602139
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Originally posted by iheartprofits: ↑

you’ve done well completely ignoring my reply and just quoting another outdated piece of info.

that was close to 2.5 years ago, we are all aware that Vulcan like many many other startups paid for coverage, that’s a fact and no one here will dispute it. The fallout from that, the short seller report, the oncoming dilution…..we all know all of that… but absolutely keep bringing it up if it helps your means.

what also can’t be disputed is the continued and excellent progress the project has made and the positive position it now finds itself in. Potentially on the verge of full funding, regardless of a big equity investment, full funding none the less. The dilution imo is already priced in although it will no doubt take another hit when it’s announced as weak hands shake out and naysayers continue to naysay.

the thing is the EU, Germany, EIB and all the other institutions are on board, the demo plant could be a crazy straw in a strawberry shake but it wouldn’t matter, the importance of local Li supply and German energy/heat security will see this thing proceed.

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Only time will tell, several more years it seems.

Last edited by JoeGambler: 26/02/24

VUL Price at posting: $2.33 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $4.53		Change -0.070(1.52%)		Mkt cap ! $852.4M

Open	High	Low	Value	Volume
$4.58	$4.60	$4.48	$785.2K	173.1K

Buyers (Bids)

No.	Vol.	Price($)
8	4181	$4.50

Sellers (Offers)

Price($)	Vol.	No.
$4.53	551	2

View Market Depth

No.	Vol.	Price($)
3	7937	4.510
2	675	4.500
3	744	4.490
4	1021	4.480
4	5968	4.470

Price($)	Vol.	No.
4.520	1100	2
4.530	621	2
4.540	772	3
4.550	2792	5
4.560	188	2

Last trade - 10.46am 08/10/2024 (20 minute delay)

VUL (ASX) Chart