VUL 2.05% $3.83 vulcan energy resources limited

When you look in to why vulcan SP is having bad run despite its...

  1. 2,616 Posts.
    lightbulb Created with Sketch. 669
    When you look in to why vulcan SP is having bad run despite its promising aspects, you will see there is nothing bad from VUL end if you have followed the company closely..

    Except couple of pigs here who think they have a crystal ball to see the future the rest of us knows why vul share price is falling. There has been recent Couple of broker analysis that saying There will be lithium oversupply and price crash in near future. On top of that the global situation is also not helping economic wise and stability wise too.

    But if you look consider the balance of probability, there is a bigger chance vul will be successful and get funded than not.
    once the biggest catalyst of Successful LEOP is sorted, all those sceptical about funding look at the following article to get an idea how likely VUL get its finances or not..

    https://www.mining.com/raising-capital-now-biggest-risk-to-mining-companies-after-esg/

    (Respondents to the survey say scrutiny from all stakeholder groups is increasing, particularly around ESG issues and, according to EY mining firms that get ESG right will enjoy “significant benefits, including improved access to capital, a healthier talent pipeline and stronger licence to operate.”

    While a “healthier talent pipeline” has become less of a worry for mining executives (now tenth on the list of top risks), “improved access to capital” is now considered the second most important priority for major miners after ESG as the massive outlays required by the green energy transition become a firm boardroom agenda item.)



    If VUL is producing something not critical to Germany and EU, prospects of its success of funding is very unlikely during the recessionary environment what EU and Germany going through now. But when you look at the reasons for that recessionary environment, it's all about enery and VUL is a ESG adhered sustainable energy and lithium provider which Germany is critically lacking..
    vul is sitting at the forefront of EU lithium industry pioneering a new process. They are miles ahead with progress compared to many lithium explorers who came in last few years.. out of those how many goes to production without any delays is good question mark for anyone who worries about the potential lithium oversupply those brokers raised despite repeated lithium deficit calls by BMM and other lithium experts.
    So future will decide who is right.. i am taking that chance with vul and if im right, it will be life changing for me but if im wrong, no dramatic changes anyway..
    DYOR.. good luck..
    Last edited by sura7667: 23/10/23
 
watchlist Created with Sketch. Add VUL (ASX) to my watchlist
(20min delay)
Last
$3.83
Change
-0.080(2.05%)
Mkt cap ! $720.7M
Open High Low Value Volume
$3.89 $3.90 $3.71 $1.014M 266.4K

Buyers (Bids)

No. Vol. Price($)
2 1377 $3.80
 

Sellers (Offers)

Price($) Vol. No.
$3.83 1429 2
View Market Depth
Last trade - 16.10pm 02/09/2024 (20 minute delay) ?
VUL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.