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
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Last
$5.08 |
Change
0.340(7.17%) |
Mkt cap ! $874.1M | |||
| Open | High | Low | Value | Volume |
| $4.62 | $5.09 | $4.55 | $6.758M | 1.374M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $5.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.08 | 4995 | 1 |
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| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
$5.03 |
Change
0.340 ( 9.42 %) |
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| Open | High | Low | Volume | ||
| $4.66 | $5.09 | $4.55 | 82305 | ||
| Last updated 15.59pm 03/06/2024 ? | |||||
| VUL (ASX) Chart |