VUL 9.52% $4.60 vulcan energy resources limited

Ann: Form 603 - CGI3 Pty Ltd, page-12

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,619 Posts.
    lightbulb Created with Sketch. 672
    Agree exactly. Lithium prices are not doing well at all. Onlt good things about vulcan is being the very low cost producer, even in these low lithium prices persist when they start producing, vulcan will be still profitable. Geothermal energy is another side they can look in to but its way too early to focus on thar aspects.
    Until Ukraine and Palestinian issue is resolved, i fail to see world is progressing to better better economics. Few companies will continue to make money who are already has deep pockets but 99% if new and emerging ones will struggle alot to raise cash. But it seems vulcan is sitting on that 1% category due to its uniqueness and importance to EU. I feel in a way vul has a huge advantage because of the fact that our resource sitting in Germany than Aus,all thing considered.
    Lithium prices above 25k a ton, vul will be very very profitable company and hopefully by 2027 world will be a lot better place than today if those imbeciles didn't take us to world war 3..
    Last edited by sura7667: 14/06/24
 
watchlist Created with Sketch. Add VUL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.