Phoenix Water - PXW - Lithium - 100x, page-1880

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    There were still deals done at the time the lithium price was making its lows. Australian super was making large investments into PLS.
    Yesterday, CIMIC and Hancock Prospecting made a combined $65mill strategic investment into Vulcan which has a geothermal brine resource in Germany. Vulcan's resource is around half the grade of Phoenix's.
    It looks to me there are buyers in this environment. They look ahead of the next 1-3 years.

    VUL 2 year chart

    https://hotcopper.com.au/data/attachments/6219/6219985-65cfeae1baadbe2aa1049f19eed14aba.jpg

 
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