VUL 2.37% $4.54 vulcan energy resources limited

@technikaYou are right, many are forgetting or not valuing the...

  1. 2,614 Posts.
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    @technika
    You are right,
    many are forgetting or not valuing the geothermal side of vulcan. Heat supply will generate good income for vulcan, hence Francis once said heat supply is the elephant in the room so they signed up binding offtake with MVV and Stellantis. electricity side at this point is not much as vulcan will be using most of its power for own operation. Downstream by-product of hydrogen is another revenue avenue with nobian.
    One thing is clear and obvious, Germany now has a huge energy issue after they sanctions themselves with rus-ukraine war. Now Germany is desperate and sees geothermal as huge energy resource from chancellor level to minister level to state prime minister level to mayor level to councillor level.
    olaf visiting evor geothermal plant and all the comments he made supporting and promoting geothermal energy is best publicity that all the geo companies in Germany going to enjoy including vulcan. There is a possibility that chancellor might ended up visiting vulcan operations oneday given the importance of domestic lithium for Germany IMO..
    cheers for posting the videos.

    Last edited by sura7667: 28/08/23
 
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