Australian (ASX) Stock Market Forum

VUL - Vulcan Energy Resources

It's a great idea to use geothermal energy to create the power to pump the Li-brine and the Li extraction process. It will be interesting to see if they can make this system economically viable. The EU notice will make it much harder for the normal Li production companies to sell their product into the EU.

vul1.PNG
 
VUL has been moving nicely over the past few months from $1.24 at the end of October to currently $2.51.
I think it has a lot more gas(lithium) to go.
Awaiting PFS on the whole viability of the project which could come to market in January.
The development of the electric car in Europe and demand for lithium could see this soar if the market supports the PFS, the risk is the current price may have already market approval and the price remains static or falls back awaiting further development.
Long term I think it’s a winner.
 
VUL shot up 22cents today to close at 2.73 I might have gone too early on this for the yearly and monthly competitions, nasty gap now showing hopefully it goes back and fills.
Seeing I hold I don’t really care.
I do think that having a lithium play in the portfolio is worth the risk.
 
VUL is one of those shares that one hopes to be a 100 bagger.

I was introduced to it by Garpal Gumnut Minor who lurks somewhere about these threads. He is closer to it than I.

It digs and produces stuff that pleases the markets.

A pick of mine for the Y2021 Comp.

gg
 
VUL has been moving nicely over the past few months from $1.24 at the end of October to currently $2.51.
I think it has a lot more gas(lithium) to go.
Awaiting PFS on the whole viability of the project which could come to market in January.
The development of the electric car in Europe and demand for lithium could see this soar if the market supports the PFS, the risk is the current price may have already market approval and the price remains static or falls back awaiting further development.
Long term I think it’s a winner.
This silly stock has gapped again. I only bought it because all my mates were.

gg
3711F163-8BE9-49AD-9942-FD09B282D7B5.png
 
Vulcan in a trading halt, running hard this morning up 23% (95cents) to $4.99.
Looks like the halt was called as the price was going ballistic it reached $5.68 at some stage.
An announcement is expected by Wednesday morning on the PFS.
There could be other news, might be agreements with vehicle manufacturers that’s just speculating.
I spend days looking at lithium stocks after a great deal of deliberation I invested some capital into VUL, I saw it as an investment rather then a trading opportunity.
Well done to other holders in this forum I think we made the right choice.
 
Vulcan in a trading halt, running hard this morning up 23% (95cents) to $4.99.
Looks like the halt was called as the price was going ballistic it reached $5.68 at some stage.
An announcement is expected by Wednesday morning on the PFS.
There could be other news, might be agreements with vehicle manufacturers that’s just speculating.
trading halt is requested pending an announcement by Vulcan in relation to a pre-feasibility study for its Zero Carbon Lithium project.
 
OK peeps; if you head over to The Next Investors you will see an opportunity to join up. Do so and you should hopefully get some emails. They just released a major update pertaining to VUL as an email. There was a very recent research report in Germany; Der Aktionar. Highly respected investment publication. They don't provide the report but do advise the new price target within this report is $9.50.
 
Wait until the PFS gets dropped this morning and see what happens from there.
Well he will have to wait till Friday now as shares are suspended till then.
Interesting to note that the PFS was apparently ready to be announced today when the initial halt was called.
The PFS may already been shared with potential partners or customers.
I am just wondering if funding has been acquired and alliances with future finance is delaying the announcement.
We will soon now.
 
Well he will have to wait till Friday now as shares are suspended till then.
Interesting to note that the PFS was apparently ready to be announced today when the initial halt was called.
The PFS may already been shared with potential partners or customers.
I am just wondering if funding has been acquired and alliances with future finance is delaying the announcement.
We will soon now.
If there is an alliance of some sort announced as well that will be a far bigger price catalyst that just the PFS.
 
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