VUL 0.85% $3.48 vulcan energy resources limited

@camban Given our low SOI, as we experienced in the past few...

  1. 2,599 Posts.
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    @camban
    Given our low SOI, as we experienced in the past few times already our SP can appreciate to eye popping levels in no time.
    For me there are couple of reasons, lithium prices started trending higher.. and imminent LEOP news. I was bit worried about the technology success as I see it was one if the major hurdle but given couple of recent very assuring indications, even though official LEOP announcement still not there, that lead me to believe that LEOP announcement is going to be a successful one. I believe EIB wouldn't even consider of funding if they don't see that LEOP is a failure.
    So taking that in to account, vulcan is very undervalued and should rerate considerably compared to the spodumene peers market caps. Anyway i know people want the assurance of it so we will wait for a official announcement because until it's official it's still speculation only.
    With financing, im very confident that we not gonna fail there given we are working with BNP paribas and all the other key reasons of how critical this project to whole EU..

 
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$3.48
Change
-0.030(0.85%)
Mkt cap ! $600.5M
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Last trade - 15.27pm 07/05/2024 (20 minute delay) ?
Last
$3.48
  Change
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