Moreno is an ex Northvolt manager and VW has a 20% stake in Northvolt.
According to this article (DE lang) - https://www.derstandard.de/story/2000144601482/volkswagen-beteiligt-sich-an-minen-fuer-batterie-rohstoffe
VW has plans to direct invests in miners to secure a supply chain for battery production.
VUL is according to its latest timeline currently looking for "Strategic equity funding & Debt funding"
I assume that Moreno will play a crucial role somewhere in this negotiation process with VW, and they give him some time to stick out and give him public legitimacy.
[VIDEO] Vulcan Energy to benefit from EU Critical Raw Materials Act, page-6
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Last
$3.88 |
Change
0.140(3.74%) |
Mkt cap ! $730.1M | |||
| Open | High | Low | Value | Volume |
| $3.80 | $3.97 | $3.77 | $2.153M | 556.5K |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7540 | $3.88 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.89 | 11000 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| VUL (ASX) Chart |