VUL 1.33% $3.70 vulcan energy resources limited

Ann: PFS Presentation, page-72

  1. 124 Posts.
    lightbulb Created with Sketch. 68
    Enormous CAPEX - $2.5 billion USD!!!???

    Over-optimistic OPEX based on assumtions only and ZERO testwork done, not even sorbent selected yet, LiOH by electrolysis - while I like the idea, it will take years to develop, also wishful assumption of minimal brine pre-treatement - yet to be seen what need to be done to get battery quality LiOH

    IRR super-sensitive to OPEX


 
watchlist Created with Sketch. Add VUL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.