VUL 5.38% $4.22 vulcan energy resources limited

Ann: Trading Halt, page-48

  1. 1,843 Posts.
    lightbulb Created with Sketch. 9560
    Some interesting speculation there guys.....

    I initially thought it could be LG, signing the binding offtake, which was due end of November.

    But as they have clearly stated-

    The trading halt is requested pending an announcement to the market in relation to a further
    binding offtake agreement

    This then is a further agreement.

    Could be anyone!!!

    But for my money its either VW (been a long time coming)

    or

    Tesla for the new Berlin factory.( we have multiple high calibre ex Tesla staff working for us with direct links)

    Either way, it would be HUGE to have either on board with their high profile cache.

    Now also keep in mind, we are already SOLD OUT.

    So somehow , they are going to have to work in a production increase, and as I have previously stated, think we should be producing in the region of 60, 000 tonnes of LiOH/year.

    This also ties in with Francis' last interview, stating the hub and spoke model of multiple- at least 12 goethrmal/DLE plants feeding our central LiOH plant at Hochst.

    I haven't been too far off with some of my previous calls, so I am keeping my fingers crossed its one of the aforementioned.

    And if its not, no worries, its another offtake!


    BTW, dont worry about the SP, it will work itself out.
    Ignore the FUD and downramping and just enjoy the ride.

    Hope you all topped up in the 9's.

    Good luck everyone.
 
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