Saw that no one had posted this info yet. Small extract below.
Not unconventional... Untapped!
Zero Carbon - multiple drivers of value
Vulcan is developing the Zero Carbon Lithium project in the Upper Rhine Valley, Germany.
The 40ktpa lithium hydroxide/73MW geothermal energy project has the largest
lithium resource in Europe (>100 years in Resource at nameplate), is expected to have
first quartile operational costs (US$3,142/t) and is favorably located to be a flagship
project in Europe's transition to electrified transportation. Vulcan has a strong balance
sheet and a high-quality team to deliver the project. We expect first production in 2025
and at nameplate capacity, estimate VUL will generate an annual EBITDA of A$1bn. Our
base case generates a NAV of A$3,687m; our price target of A$15/sh is set at a 50%
risk weighting to NAV; initiate with a SPECULATIVE BUY (0.41x P/NAV).
Saw that no one had posted this info yet. Small extract...
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Last
$3.76 |
Change
0.150(4.16%) |
Mkt cap ! $700.0M | |||
| Open | High | Low | Value | Volume |
| $3.70 | $3.78 | $3.64 | $478.1K | 128.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 649 | $3.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.77 | 6685 | 10 |
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| Last trade - 12.14pm 18/09/2024 (20 minute delay) ? |
| VUL (ASX) Chart |