The technology itself (DLE) does work and is done commercially in other parts of the world, however, the way they process the brine needs to be adapted to each location. Vulcan has already proven they can do it at a small scale. The whole point of the demo plant is to test and prove they can do it at a large scale with their technique.
I always have a pessimist view with these things so I do expect them to run into some issues. For example, maybe the extraction rate is lower than expected when they ramp up the scale of their operations but that’s something they can work on and adapt to if required. It’s not something we can really predict with any certainty until everything is up and running.
I’m not sure what you mean by Vulcan failing to prove geothermal works in the area? Why would they need to prove that? Or are you referring to the combination of both..?
- Forums
- ASX - By Stock
- VUL megathread
The technology itself (DLE) does work and is done commercially...
-
- There are more pages in this discussion • 2,571 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 VUL (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.46 |
Change
-0.050(1.42%) |
Mkt cap ! $595.3M |
Open | High | Low | Value | Volume |
$3.58 | $3.63 | $3.44 | $1.711M | 485.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1472 | $3.46 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.50 | 3600 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1472 | 3.460 |
3 | 6419 | 3.450 |
4 | 11173 | 3.440 |
1 | 1419 | 3.430 |
3 | 5419 | 3.410 |
Price($) | Vol. | No. |
---|---|---|
3.500 | 3600 | 1 |
3.510 | 3000 | 1 |
3.530 | 6548 | 1 |
3.550 | 16033 | 4 |
3.560 | 3000 | 1 |
Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
|
|||||
Last
$3.49 |
  |
Change
-0.050 ( 1.06 %) |
|||
Open | High | Low | Volume | ||
$3.59 | $3.64 | $3.44 | 63517 | ||
Last updated 15.59pm 07/05/2024 ? |
Featured News
VUL (ASX) Chart |
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online