Don't know if this has been posted. Good to see projects getting the actual funds instead of endless EU Gov't talk.
This is an integrated hardrock (spodumene) project in Finland to produce Hydroxide
https://www.sibanyestillwater.com/business/europe/keliber/
So all up a project of ~E750 ... 67% Debt Funded and 33% Equity funded ... not too dissimilar to what VUL is targetting (65/35)
Keep in mind that VUL hasn't done is final pre debt funded equity raising. Total project (without financing costs) required E1,400M ... so that's an equity contribution of E500 (rounding up) ... that's if we are going alone which we aren't ... Imagining an asset sell down of about 40% -50% ... to cover most of VUL's required equity contribution to the JV. Still, a sale of say 30M shares at AUD$4 brings E70M adding to whatever we have at present (~E50M) and SOI around 220M ... all sort of telegraphed by FW already.
Getting closer to the pointy end of the stick.
- Forums
- ASX - By Stock
- VUL megathread
Don't know if this has been posted. Good to see projects getting...
-
-
- There are more pages in this discussion • 90 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VUL (ASX) to my watchlist
(20min delay)
|
|||||
Last
$4.40 |
Change
-0.120(2.65%) |
Mkt cap ! $828.0M |
Open | High | Low | Value | Volume |
$4.48 | $4.52 | $4.28 | $1.550M | 352.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 319 | $4.38 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.40 | 3998 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4418 | 4.520 |
1 | 56 | 4.450 |
1 | 163 | 4.440 |
3 | 4616 | 4.400 |
1 | 950 | 4.390 |
Price($) | Vol. | No. |
---|---|---|
4.180 | 88 | 1 |
4.400 | 844 | 3 |
4.430 | 110 | 1 |
4.440 | 2335 | 2 |
4.450 | 6740 | 3 |
Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
Featured News
VUL (ASX) Chart |
The Watchlist
BM8
BATTERY AGE MINERALS LTD
Nigel Broomham, CEO
Nigel Broomham
CEO
Previous Video
Next Video
SPONSORED BY The Market Online