VUL 4.23% $3.17 vulcan energy resources limited

Hi Whitegold,the geothermal power plant in Landau belongs to the...

  1. 760 Posts.
    lightbulb Created with Sketch. 259
    Hi Whitegold,
    the geothermal power plant in Landau belongs to the company geox GmbH and not to Vulcan Energy!
    https://geox-geothermie.de/impressum.html

    Representative is Dr. Felix Kreidl (Managing Director Geothermal Energy - IKAV).
    https://de.linkedin.com/in/dr-felix-kreidl-217621186

    2) Geox GmbH is part of IKAV Energy Acquisition & Management Excellence.
    https://www.ikav.com/assets/#geothermal
    "IKAV currently hold two geothermal assets in Germany at Landau and Taufkirchen."

    3) The responsible state authority for geothermal energy is the Rhineland-Palatinate State Authority for Geology and Mining.
    https://www.lgb-rlp.de/fachthemen-des-amtes/geothermie-in-rheinlandpfalz/tiefe-geothermie.html

    4) I also can't find any official source on the current status of the Landau geothermal power plant, apart from a press release.
    https://www.swr.de/swraktuell/rheinland-pfalz/ludwigshafen/geothermiekraftwerk-landau-steht-still-vor-einweihung-der-lithium-versuchsanlage-100.html
    "The geothermal power plant in Landau has been at a standstill - since the end of January. According to the State Authority for Geology and Mining, this is due to "ageing processes" in the plant technology."

    5) This communication still contains a reference to February 2024.
    https://www.swr.de/swraktuell/rheinland-pfalz/ludwigshafen/versuchsanlage-zur-gewinnung-von-lithium-in-landau-eingeweiht-100.html
    "Starting next February, the test facility is to extract enough lithium chloride from the brine, i.e. the hot deep water, to produce around 45 tons of battery-grade lithium per year."

    6) The city of Landau offers further information on the topics of geothermal energy.
    https://www.landau.de/Verwaltung-Politik/%C3%96ffentliche-Informationen/Geothermie/

    I stay deeply relaxed.
    Last edited by ShareStock2021: 24/11/23
 
watchlist Created with Sketch. Add VUL (ASX) to my watchlist
(20min delay)
Last
$3.17
Change
-0.140(4.23%)
Mkt cap ! $545.4M
Open High Low Value Volume
$3.30 $3.30 $3.15 $1.098M 343.0K

Buyers (Bids)

No. Vol. Price($)
3 16009 $3.16
 

Sellers (Offers)

Price($) Vol. No.
$3.21 24019 2
View Market Depth
Last trade - 16.10pm 02/05/2024 (20 minute delay) ?
Last
$3.17
  Change
-0.140 ( 5.10 %)
Open High Low Volume
$3.27 $3.27 $3.15 39010
Last updated 15.59pm 02/05/2024 ?
VUL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.