Hey MG, you have described me there perfectly. We must have been looking at the same time but I jumped in when it dipped across the US election.
VUL have EIT on side helping with finance. The announcement is back in May it think.
Follow up the article to dig into it. Next Investors also have good info available.
I've always believed the EU will fund this project. In December they announced 1.8trillion in funding for the covid recovery and moving toward higher environmental standards. What better place to invest than a zero carbon lithium project supplying European auto manufacturing located in Germany.
I totally respect your apprehension, I'd be the same. VUL has just hit a perfect storm and anything could happen from here. Anything that sures up the PFS is going to be fuel for the fire. A big retrace could happen. Who knows.
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