VUL 0.67% $4.44 vulcan energy resources limited

I was arguing against some early valuation and SP some posters...

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    I was arguing against some early valuation and SP some posters were claiming at a too early stage ($10bn NPV and latest SP of $30) there is going to be more dilution along the way so a $30 SP is far out there!

    They can reach 100k given time, but it is going to be on a longer time frame and much more capital cost, there is always going to be bottlenecks that require additional capital to overcome and that comes through establishing steady cashflow and build capital of our own, again that takes time!

    I was not implying these production targets were never achievable, I was referring to what is achievable in near term and going to be presented at PFS/DFS time, which again I strongly believe is 30ktpa by 5-7 years time
 
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