I'm a tad bewildered with VUL Vulcan
PFS targets 15k production LiOH of its stage1 2026 40k stage2.... not much really considering the hype of the SP and the demands/requirements of the OEMs n battery manufacturers in Germany
next, production is 4 years away 2025
next, the process of injecting the spent Brine liquid back into the Well is going to dilute the lithium further
I can't see VUL being a significant supplier at all not with those quantities IMO
gives me a headache to watch the AVZ SP languish while the likes of VUL who only have a PFS released and essentially only an MOU with LG with no prepayment (only becomes binding in November under conditions) I would like to point out
AVZ fundamentals and financials exceed VUL
AVZ has the ability to supply Germany with sc6 pls and/or lioh
they were getting excited about this LG deal would be worth $100 million per annum in sales for 5 years
When AVZ EBITDA will be $380,000,000 yearly that's profit of say somewhere in the order of $250 million/yr
DYOR
- Forums
- ASX - By Stock
- Running discussion on SP
I'm a tad bewildered with VUL Vulcan PFS targets 15k production...
-
-
- There are more pages in this discussion • 35,408 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online