VUL 6.36% $4.35 vulcan energy resources limited

VUL megathread, page-7337

  1. 179 Posts.
    lightbulb Created with Sketch. 42
    there’s plenty of interest for sure but you’re way off with the Gina thing, blocking interest is 20% and Gina has owned less than 5% for a long time now so she isnt coming to block anything.

    imo there’s still far too much work to be done for any buyer to want to gobble it all up right now, shovels aren’t even in the ground, flow rates need to be proved, etc…there’s years of potential hiccups and hurdles ahead. Equity stake at project level is where the buying in by a major will be done imo
 
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