Australian (ASX) Stock Market Forum

VUL - Vulcan Energy Resources

sure, it's probably no VUL, but it is another key ASX-listed player in the EU battery sector. It is to be the first lithium producer in Europe.
The VUL/EMN/EMH combo is not a bad trio ripe in the battery-metals world; all in Europe.
 
@Dark1975 You seem to know what you're doing, carry on trading.

IMO, VUL is a highly speculative investment at these levels. Be careful.

I've written a number of posts "death riding" VUL but each time I've decided to not post them. Who gains by my posts? No one. I'll never invest in VUL and I'm not going to short it even though I think it's a great short at these levels.

VUL has presented the greatest corporate narrative I've ever seen. It's clearly the best fairy tale in the ASX. It ticks all the current ESG aspects. Management have have outlined plans, signed agreements and assembled teams, but they've yet to drill a hole in the ground.

Today they reported on the chemical composition of the brine on "their" geothermal well. It's in the notes that I read,

vul01.PNG
They haven't even drilled a hole in their ground yet!

They assembled one of the top geothermal teams in the world. How about a hole in the ground?

VUL has to build a geothermal power company, a direct lithium extraction plant, a central lithium concentration plant. They've got to assume that the brine reservoir will have the required pressure, the lithium conc doesn't vary, the chemical contaminants don't vary as they collect the brine. Then, after they've taken out the lithium they're going to pump the brine waste back into the reservoir and hope that nothing changes.

This going to take decades.
 
VUL has been a great stock for short to medium term trading. Riding the wave of euphoria or price momentum is a reliable strategy.

Kudos and heaps of dollars to all who did.

IMO this is not an investment grade company for a longer term hold.
 
Just need to make a quick point about the dangers of buy recommendations/posting price targets:

buy buy buy....before they dilute to raise some capital for building the plant

Closing price on the day this was posted: $8
Price now: $5.49
Loss: -31.37%

$40 a share...........:wheniwasaboy:

Price when posted: $7.80
Price now: $5.49
Loss: -29.62%

This is why I don't like price targets or buy recommendations posted, especially when there is no accompanying analysis. It's fine to be bullish, if that's your take on a stock and you can explain why. An explanation or some form of analysis at least provides some context for that position.

But nobody knows what the future holds and that's why posts like these, in isolation, can be dangerous. That's also why ASIC are concerned about stock market internet discussion sites.

To All: Please take everything you read on a stock market forum with a very large grain of salt, because many people are posting purely out of self interest, and not in your interests. Be very cautious, do your own research, and if in doubt, consult a licensed financial adviser.
 
Vulcan & Circulor to establish world-first full lithium traceability & CO2 measurement across supply chain

Highlights:
Vulcan to use Circulor's full traceability and dynamic CO2 measurement solution for Zero Carbon Lithium™ across the European Lithium-ion battery and Electric Vehicle (EV) supply chain, in a world-first for the lithium sector.
• Circulor’s customers include major European automotive manufacturers such as Volvo Cars, Daimler, Polestar and Jaguar Land Rover, which indicates OEMs’ growing need to demonstrate responsible sourcing of raw materials like lithium and to track and manage the embedded CO2 emission in their upstream supply chain for EVs, as they strive towards their net zero targets.
• Circulor offers a software solution that enables customers to track raw materials through supply chains to demonstrate responsible sourcing and sustainability.
• This system implementation enables reputational protection, proof of compliance with regulations and dynamic carbon trackin
g.

the V would have to signal Virtue?
 
Hopefully we see it break $10, but I think the expectation of deals with carmakers may be already built into the price.
It’s been a bit bumpy with VUL with a 40% drop early March followed by it climbing back and another 20% drop mid May again it clawed back
I never expected it to be $8 this year, I bought as a long term investment expecting it to go to $5 to $6 2022/3.
 
Hopefully we see it break $10, but I think the expectation of deals with carmakers may be already built into the price.
It’s been a bit bumpy with VUL with a 40% drop early March followed by it climbing back and another 20% drop mid May again it clawed back
I never expected it to be $8 this year, I bought as a long term investment expecting it to go to $5 to $6 2022/3.
I hear that but I don't think there was any guarantee carmakers would go with VUL, there are other players EMH being further ahead, INF and others. I am still expecting a strong open.
 
Nice rise today up 5% at one time, struggled to get through $9 as it did in June, volume up today, a bit of a sell off as some take profits. It looks like it needs some more news to send it through $9.
Still happy.
 
Well we got the ten bucks today, let’s hope we don’t see any down days in the market for a while and watch VUL stretch out and then $9 becomes new support.
 
Well we got the ten bucks today, let’s hope we don’t see any down days in the market for a while and watch VUL stretch out and then $9 becomes new support.
Call me pessimistic doubter - and whinger not being able to capture the meteoric price rise of VUL over last few months.
But I am struggling to understand the sustainability (not being a trader) with VUL and its more than $1 billion market cap with no production yet. Has any one seen the size of office VUL operate from West Perth ?
Tomorrow VUL will rise again after a little less than 10 pc slump today giving punters to make handsome opportunity to buy again.
Directors are insider and great believer to put money as well
Of course it can not be a hype or bubble but this is not a stock for me on personal risk level.

Not a holder - disclaimer
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No, please enlighten us.
A tin humpy or a flash Hilton lookalike?
Is there a rat with a gold tooth in the back alley?
?
Did I mention it was a posh office or a rat office ????.
https://v-er.eu/contact/ It is located at Level 11, Brookfield Place 125 St Georges Terrace. The same building has multi billion dollar companies also.
But in level 11 this information comes on Google Search
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$1000 per week for a rent is peanut -
How many car parks does Vulcan Energy possess for a billion dollar market capitalisation status ?
May be @frugal.rock - once COVID 19 restriction gets released, come over to Level 11 and find the beautiful offices you can rent for yourself . :) :)

From memory only 6 months back or so the office was probably in Kings Street.
Regardless, my illusion to understand this rock hard zero carbon company still waiting to see when they produce enough to pay back its investors unless it is another Amazon per se - no dividend is required.
 
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