VUL 7.26% $3.40 vulcan energy resources limited

Latest Broker ResearchSome Sunday morning reading.....grab a...

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    Latest Broker Research

    Some Sunday morning reading.....grab a coffee

    mwb research (formerly Alster) have released an update including the LEOP announcement

    https://downloads.research-hub.de/2024%2004%2012%20Vulcan%20Energy%20SOP%20LiCl___vghsm1jw.pdf

    Page 9 got my attention with their projections of topping out with 221M SOI. Also fair value per share for 2027 and 2028 at Euro19.36 and 27.53 respectively ( AUD31.85 and 45.29 on today's exchange). Alster has always been on the highly optimistic side the past, and fair value often means little compared to market sentiment. But even half of these valuations would be very, very welcome. GLTAH

    https://hotcopper.com.au/data/attachments/6100/6100831-ee7b8ad832b1e4a55fc161e575b10ac2.jpg
 
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