One of the best thing is in place to counter that is our fixed offtake agreements. this is why Francis said few times that even if lithium prices goes to zero, that is not a issue for Vulcan as its first 5years of production is already sold. If you look in to the pay back time its less than 5. When it comes to financing, those financiers are not financing a mere lithium project, they are financing a geothermal project too. Anyone who has any understanding of how much importance Germany and EU has placed on Lithium and renewable energy, they you take the balance of probability, there is very good chance that vulcan get its financing with little trouble even in this inflationary environment. But first vul need to show their tech is working without any hassle and once they prove it, financing will be not that hard for this unique project though its lots of money they need to raise. this is why J Bush's recent purchase on the market is giving your very positive indication of what to expect on next price sen ann. my opinion only
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1 | 1257 | $3.75 |
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Price($) | Vol. | No. |
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2 | 5140 | 3.670 |
1 | 136 | 3.650 |
4 | 7262 | 3.630 |
1 | 1390 | 3.620 |
Price($) | Vol. | No. |
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3.800 | 26550 | 6 |
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3.850 | 3260 | 3 |
3.880 | 8000 | 3 |
3.900 | 2925 | 3 |
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