Equity is being raised at a project level. Meaning they will sell down up to 50% of the phase one project for the €630m they are looking to raise.
From memory phase two is less capital intensive and doubles the lithium production. Once phase one is complete and proven to be successful then phase two will be on the cards.
Ann: Corporate Presentation - April 2024, page-3
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VUL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.74 |
Change
-0.150(3.07%) |
Mkt cap ! $892.0M | |||
| Open | High | Low | Value | Volume |
| $4.81 | $4.96 | $4.74 | $2.666M | 550.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 681 | $4.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.78 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| VUL (ASX) Chart |