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0.53% $3.75 vulcan energy resources limited

VUL megathread, page-173

  1. GasperG
    454 Posts.
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    26/10/20
    05:43
    Post #: 48373419
    They tested Direct Lithium exctrastion (DLE) and it was positive, here is the report:
    https://vul.live.irmau.com/site/PDF/478dda34-0f0a-4fc9-b671-ae660098116d/TestWorkShowsExcellentLithiumRecoveries

    This in particular gives high hopes:
    "Two different, pre-selected DLE adsorbents were tested and in both cases the lithium recovery rate exceeded 90% on first pass."

    Nothing on the purity of the end product. You can wait for PRE-FEASIBILITYstudy, but if that is positive god knows where the stock price will be...
    VUL Price at posting: $1.20 Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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