VUL 2.09% $4.88 vulcan energy resources limited

yes, as mentioned in DFS , <100 might still be economical, and...

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    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.
 
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