interesting comments from Schroeder Equities daily report...

interesting comments from Schroeder Equities daily report yesterday comparing Vulcan to Liontown (typos corrected):
”Vulcan Energy - the German/Australian company raised 120 mill in an upscaled placement, only to trade 18% higher!!! Looks like beside the Australian iron ore baroness Gina Rhinehart, most stock has been taken by ESG funds, which are attracted by the potential carbon-free production of lithium. But these guys understand very little from mining and processing. I think the risks are very high here, and the project will take many years in my opinion to produce - if ever. I would not want to be long here! Liontown continues to be my lithium stock - much saver, much cheaper, and much more boring!”