VUL 0.67% $4.44 vulcan energy resources limited

Short Seller Report, page-404

  1. 3,586 Posts.
    lightbulb Created with Sketch. 338
    Cheers mate, some good points.

    I am not convinced by the companies claims. There has not been enough evidence for me to conclude other than this stock is only an idea, a concept, a rough sketch of something that might or might not work.

    They do not appear to have any resource the bounds of which could be guessed or the contents could be analysed. They appear to have a process that has not been proved to have been successful with any particular real world resource. So, I cannot conclude for myself that they have a process and a resource that can be successfully exploited together.

    So, I will not invest in this stock.

    There, I think that should be safe enough.

    IMHO DYOR
 
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