Agreed.
The share price rise over the last few days of LKE & VUL is perhaps recognition of the potential & environmental values of DLE (based on preliminary findings AND the industry heavyweights/industrial giants backing this), over rock and pond extraction. PLS & ORE prices have been pretty static lately. It will be interesting to see if these trends continue.
Another significant factor would be the general early stage of development of DLE over rocks and ponds. The recent big rise in CXO, a rock extractor, which is less developed than PLS would point to that, so not confirming the extra potential in the tentative DLE thesis. Supply chains is another significant factor to take into account.
Also, the likelihood of more geothermal plants delivering power 24/7 post Glasgow. Lots of things to weigh up including the lithium product forms/grades produced.Still, in time, it will be interesting to compare the price rises as the DLE companies approach production.
VUL megathread, page-3373
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Last
$4.63 |
Change
-0.210(4.34%) |
Mkt cap ! $871.3M | |||
| Open | High | Low | Value | Volume |
| $4.88 | $4.88 | $4.55 | $3.507M | 756.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6706 | $4.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.64 | 9259 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$4.64 |
Change
-0.210 ( 4.73 %) |
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| Open | High | Low | Volume | ||
| $4.82 | $4.82 | $4.55 | 63911 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| VUL (ASX) Chart |