VUL 1.30% $3.91 vulcan energy resources limited

KNI is being valued at ~12m fully diluted upon IPO, so minus...

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    KNI is being valued at ~12m fully diluted upon IPO, so minus 12m? Potentially even less as any costs with tenements etc ( I haven't looked into expenses relating to that) would not be incurred by Vulcan anymore.

    Speculation wise I don't believe much material value has been assigned to the Scandinavian battery metals. I bought in at a market cap of about 40 mill and nobody was talking about anything other than the lithium resources even then.

    I also have no experience with exploration mining co's so take this with a grain of salt.

    Last edited by skept0: in response to how KNI spin-off would affect Vulcan's market cap 12/06/21
 
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