VUL 8.04% $4.57 vulcan energy resources limited

Ann: Lithium extraction piloting test work update, page-14

  1. 175 Posts.
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    Great news but im a little confused. Was expecting first announcement to be they have selected the most effective DLE process from the DuPont catalogue identified from benchscale testing. Instead they are suggesting they already have constructed a pilot plant

    VUL work incredibly fast i know having been invested here for a year but surely they haven't had time to actually construct a pilot plant in this time?? If so, where is it?

    Happy with the news, just trying to dissect to work out the scale of they have achieved here because the announcement doesn't differentiate the volume of testing from the initial benchscale testing results back in August 2020. Suspect that's probably why the market has shown a relatively muted response to what could be company making news
 
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