Agreed. Lithium demand is on-course to be high in 2025, with...

Agreed. Lithium demand is on-course to be high in 2025, with dozens of car companies bringing on-line their new generation electric vehicles (as per Stellantis presentation). Together with legislative phase outs of petrol/diesel in Europe, it's the perfect storm for Vulcan. Right time, right place, right commodity. Car companies (virtually every one) aiming for 2025 to 2030 EV mass production, have to design/build infrastructures to deliver safe, reliable and practical cars. These processes are happening now. They take time, money and research. Cars have to be very safe and reliable and well tested. I remember when Steve Jobs criticised car companies for lack of innovation, their come-back was along the lines of, 'at least our cars don't constantly crash' (okay, disclaimer, my Mac rarely crashes ). The off-take agreement with LG confirms the importance of lithium for EVs between 2025-2030 at least. The pending off-take will no doubt re-confirm this commitment.

Once Vulcan increases their resource (as per previous announcement to do this), their potential MC will increase further and more off-takes will come. So, I imagine they'll be pushing hard to verify increased resources in the coming months. Plenty of positive news ahead if all goes to plan.