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$6.36 vulcan energy resources limited

Financial review, page-214

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Sjlasx

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2424

01/03/21

22:00

Post #: 51433741
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Originally posted by Rupfel: ↑

Alex Cheesman said that the price at the Chinese port of delivery was only 40% of the price received 60% came later.
The combined sum equals the floorprice
He was in control for price negotiations in 2020.
Here lies the difficulty, one price on a piece of official paper and another behind the scene.
I am sure the CEO was not going to explain the details to you and incur the wrath of customers.
I am glad VUL is in Germany hopefully with more price transparency and a higher standard of corporate practice than Australia and China in this space.
Altura is going for ASX relisting, we will know next week if successful or not.
Green Lithium could be a Li competitor in 2024 but is based in the U.K. not Europe anymore, so no European incentives etc
They do highlight the fact that there are no Li refineries in Europe.
Taking spod from OZ or anywhere else and refining in the U.K. isn't exactly green.
Tons of waste to be disposed of in the middle of England.

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I am going to assume you haven't bothered to read that report yet.
And I'm not saying Cheeseman lied in that podcast. As usual you misinterpreted it. Have a nice day.

VUL Price at posting: $6.27 Sentiment: None Disclosure: Not Held
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