hellova ride with this one.
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hellova ride with this one.
VUL enters Trading Halt pending announcement on further binding offtake.
Should do more threads about potential stocks like this! :t_up:
Umicore being the offtake agreement.
The agreement with Vulcan Energy Resources, based in Karlsruhe – Germany, will take effect as of 2025. It will cover part of Umicore’s future lithium hydroxide needs in Europe, allowing Umicore to purchase between 28,000 and 42,000 tons over the duration of the contract.
Umicore having a few beans in the cookie jar.
Based on the strong performance in the first half of the year and assuming precious metal prices remain around current levels for the remainder of the year, Umicore expects its adjusted EBIT for the full year 2021 to slightly exceed € 1 billion.
Another trading halt. There appears to be quite a bit of downward pressure on this one? What do people know that I don't?
Things were pumping along nicely upwards until some Chinese based Shorts hero started mouthing off ..
who knows - maybe he was on the verge of losing his shirt & shorts on contrarian positions .. ;)
VUL seems to be securing forward sales arrangements fairly well
VUL Response issued to market today
Trading handbrake looks like it comes off 29 Oct for trading resumption :)
Might be a buy opportunity with all those spooked by the short seller attack :D
An interesting Bid/Offer range on ASX currently :)
https://www2.asx.com.au/markets/company/vul
Quote:
BID / OFFER RANGE
$16.600 - $7.500