VUL megathread, page-4401

Lithium boom! Broker says the Vulcan (ASX:VUL) share price has 175% upside
https://www fool com.au/2022/02/08/lithium-boom-broker-says-the-vulcan-asxvul-share-price-has-175-upside/

Quotes: "What did the broker say?"
"Alster Research highlights that Vulcan has finalised its agreement with LG Energy Solution (LGES), the world’s second-largest battery maker. This will see LGES purchase between 41,000 to 50,000 tonnes of battery grade lithium chemicals over an initial term of five years from 2025."

"In addition, the broker notes that Vulcan shares will be trading on the Frankfurt Stock Exchange (FSE) later this month. It expects this to be a positive catalyst."

"At this point, Vulcan has marketed its initial production volumes for the first 5-6 years. We expect the upcoming definitive feasibility study (DFS) to create some leeway. In the near term, we expect the admission to FSE as a catalyst for the stock, as future capital increases will be accessible to a broader audience."

"Thus, liquidity and interest will most likely increase. We confirm our PT of AUD 25.00, equivalent to EUR 15.81, and reiterate our "BUY recommendation," it concluded."