VUL 2.45% $3.76 vulcan energy resources limited

It's common to get frustrated when SP going down 5% every day...

  1. 2,613 Posts.
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    It's common to get frustrated when SP going down 5% every day like this as at the end of the day we r all human.
    but when you look why this is happening, there are few known and suspecting factors...
    lithium prices heading downward again. China situation, lower demand etc...
    broader market sentiment is not great and world economy is very tricky.
    Some voicing the uncertainty of VUL success and its ability to fund the project..
    increase of short positions
    There is a possibility that there is some issues with LEOP which is unknown to us yet so someone who know that fact is offloading before everyone.

    as I said, some are known and some are hypothetical facts. But from vul end we hear nothing negative. Infact what is happening in geothermal arena in Germany is very very positive. So for better or worse, I'll hold on till I see the confirmation of success or failure of imminent LEOP news.


    Last edited by sura7667: 16/08/23
 
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