yes, as mentioned in DFS , <100 might still be economical, and at least can be a by-product income. alternatively Vulcan can drill more wells if bad dilution happens.
So the bottom line is phase 1 is SAFE, which is the key for funding.
there will be a lot less CAPEX for phase 2 because no need to build the lithium convert plant again.
VUL megathread, page-7442
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Last
$4.32 |
Change
-0.080(1.82%) |
Mkt cap ! $812.9M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 3 | 3714 | $4.30 |
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| Price($) | Vol. | No. |
|---|---|---|
| $4.38 | 4843 | 1 |
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| VUL (ASX) Chart |