I plan to do an analysis of all the Market Caps in the table below and see what their ratio is to the resource sizes. We've also go to remember that VUL intents to produce LIOH, which is taking a giant extra step than many of these guys. Some YouTube videos show raw Li being transported to China and Japan before it goes into batteries.
VUL will remove all of that. The only side issue is that Tesla appears from battery day to want to make its own LiOH from spodumene concentrate. If Tesla wants to strictly control the quality of its LiOH, it may want to do that at Giga Berlin too. However, VUL would certainly be the greener way to go. VUL has an ex Tesla Board member on its Board now. Hopefully they may be enough to get a dialogue going.
Either way, with so many battery companies starting up in the EU, I don't think demand is going to be an issue. Especially for Zero Carbon Lithium. That will naturally be the first choice. I don't know if there are other brine resources in the EU though.
I plan to do an analysis of all the Market Caps in the table...
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Last
$3.81 |
Change
0.350(10.1%) |
Mkt cap ! $655.5M | |||
| Open | High | Low | Value | Volume |
| $3.50 | $3.85 | $3.46 | $5.598M | 1.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 498 | $3.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.85 | 20868 | 1 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
$3.84 |
Change
0.350 ( 10.4 %) |
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| Open | High | Low | Volume | ||
| $3.48 | $3.84 | $3.46 | 137698 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| VUL (ASX) Chart |