Took a position in Vulcan Energy Resources (VUL) today. A zero carbon large lithium-in- hydrothermal-brine play in the Rhine Valley, Germany. This would be a perfect fit for Talga/Mitsui to add value to their anodes by supplying lithium as part of the package.
A T/O of Vulcan at current value would be a strategic cost effective move.
While VUL have been flying under the radar, be aware of the appointment of a new key Director. She has worked closely with Andrew(Twiggy) Forrest. She may well be there to stop a hostile T/O. And those who have worked closely with Twiggy, seldom break their bond. He is looking for new opportunities.....
Ann: Quarterly Activities Report and Appendix 5B 31 March 2020, page-12
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Last
40.5¢ |
Change
0.005(1.25%) |
Mkt cap ! $173.6M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 43.3¢ | 40.0¢ | $113.4K | 274.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 26469 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 10000 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| TLG (ASX) Chart |