VUL 2.37% $4.54 vulcan energy resources limited

Good entry point: Were we to apply a similar resource multiple...

  1. 124 Posts.
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    Good entry point:
    Were we to apply a similar resource multiple as that of European Metals Holdings to Vulcan we would be getting to valuation of 3.2/sh. And bear in mind, Vulcan should on top of that benefit from a zero carbon premium.
    Additionally, I expect the PFS to positively surprise on NPV of the project.
 
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