i have been openly skeptical of the usa based li brine companies with resources in similar low grades, but vul is different on several counts in my mind.
1/ pumping the volumes of brine required to make these low grades economic would be a major operating expense and possibly kill a project, but the brine here is hot and wants to come to surface under it' own 'steam' (dad joke), so operating costs will be lower than the usa wannabes.
2/ without the li they are still generating green/renewable electricity that germany needs to use in place of aging coal and nuclear power plants, so winning there.
just my 5c worth....wish i'd known about this company when they were 5c.......
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