VUL 3.99% $3.61 vulcan energy resources limited

NEXT SMALL CAP - Our Top ASX Pick of 2020, page-100

  1. 1,585 Posts.
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    Being honest I think there is alot of good talking points from holders and non holders.
    I have been watching this from the earlier Next articles last year I get in inbox, peaked my interest.
    April I was on the fence to jump in @16c, now double that with a MC still under 20m, its still a great entry point.
    Does the pros outweigh the cons? And is it worth a punt if funds available?
    Pros: Strategic partnership, Location in EV centre, Location in high tech capability country, EU's hard on for everything green and eco - funding available, EU will drive the EV revolution the politic setting is geared to do this (EU law and mandates, subsidies, incentives and scale out diesel/petrol vehicles (already happening), SOI, MC, directors ownership, recent board member addition.
    Cons: (Gavin Rezos on board?, Potential stage delay if testwork fails to produce desired/theoretical results, Capex on different stages etc.)

    For me it a buy, and increase holdings on each stage completion until MC of 80m. Looking for ideal entry point.
    All IMO
 
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