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$4.27 vulcan energy resources limited

VUL megathread, page-7087

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redbaron

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01/03/24

16:24

Post #: 72699993
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Originally posted by hvacgeek: ↑

Canacord's take on the EIB's "under appraisal" funding and how it fits in with what else looks lined up, and what's left to find...

The €500m of debt funding announced today accompanies an existing A$200m (~€120m)of debt funding indication from Export Finance Australia (see note) and provides ~50% of the €1,399m funding requirement for the ZCLP, on an indicative basis. If Nobian elects to form a JV with VUL for the Central Lithium Plant (50% capital contribution of €179m see note), and with the German Government signalling that it may contribute 40% of geothermal costs (CGe €272m), it leaves a €328m funding gap before any sell-down of the project (excl. €78.6m in cash). The company continues to sound out strategic investors for equity funding, targeting indicative offers in the first half of 2024. If VUL is able to achieve a sell-down, with capital commitment, we believe a manageable funding gap could be delivered.Yes, CAPEX is a big number, but already the ducks are lining up well.

Read the rest here... and acknowledgements to anyone who previously posted this

CG_23.02_24.pdf (v-er.eu)

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Thanks for sharing!
Great weekend read!
Cheerios

VUL Price at posting: $2.57 Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last $4.27		Change -0.360(7.78%)		Mkt cap ! $803.5M

Open	High	Low	Value	Volume
$4.57	$4.59	$4.21	$3.724M	854.2K

Buyers (Bids)

No.	Vol.	Price($)
1	335	$4.27

Sellers (Offers)

Price($)	Vol.	No.
$4.28	9980	1

View Market Depth

No.	Vol.	Price($)
1	335	4.270
1	2500	4.260
1	1175	4.250
4	5719	4.210
8	9501	4.200

Price($)	Vol.	No.
4.280	9980	1
4.290	1329	1
4.300	66	1
4.330	111	1
4.350	653	1

Last trade - 16.10pm 17/06/2024 (20 minute delay)


Last $4.25			Change -0.360 ( 7.76 %)
Open	High		Low	Volume
$4.57	$4.59		$4.21	106143
Last updated 15.59pm 17/06/2024 ?

VUL (ASX) Chart

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