VUL vulcan energy resources limited

News: VUL Vulcan Energy Resources Sees Total CapEx For Phase 1 Zero Carbon Lithium Project Of 1.496..., page-3

  1. 1 Posts.
    Really theoretical: the dream will only come true if the proof of concept is successful. But VUL is still very far away from that: for each well (approx. 60, optimistically calculated) 6 months are needed (again optimistically calculated): even with 4 rigs working in parallel it takes 7-8 years and so far only 2 rigs are available! This does not take into account delays due to objections and other impediments. But more importantly, there is still no large-scale proven extraction technology for the brines from the URG! Conclusion: all calculations are only dreamed and certainly unrealistic! Dream on!
 
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