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  1. #1
    Senior Member
    Join Date
    May 2018
    Posts
    710

    Default VUL Vulcan Energy

    This company is set to join Elon in space I do believe.

    They are aiming to be the first zero carbon Lithium producer and have just taken Jochen Rudat on board as a consultant - he was one of Elon Musk’s top guns in Europe and ties to other high end car companies.

    I have been riding this train for a couple of months and already pushing 100% return so loving the future here.

  2. #2
    Senior Member
    Join Date
    May 2018
    Posts
    710

    Default

    Did anyone join me?
    My portfolio is sitting on 200% despite doubling down a couple of weeks ago at $1.05 and $1.16

  3. #3
    Junior Member
    Join Date
    May 2020
    Location
    Auckland
    Posts
    8

    Default

    Yep, joined at $1.14, just a small stake unfortunately...

  4. #4
    Junior Member
    Join Date
    May 2009
    Location
    KAIAPOI, CANTERBURY NZ
    Posts
    22

    Default

    Quote Originally Posted by Timesurfer View Post
    Did anyone join me?
    My portfolio is sitting on 200% despite doubling down a couple of weeks ago at $1.05 and $1.16
    This punter didn't,, ,sadly. Well done. It looks a bit overdone for me ATM.
    Good luck with it.

  5. #5
    Senior Member
    Join Date
    May 2018
    Posts
    710

    Default

    Quote Originally Posted by SPARKY View Post
    This punter didn't,, ,sadly. Well done. It looks a bit overdone for me ATM.
    Good luck with it.
    Thanks.
    One of the investment companies apparently put a $2.50 valuation on it a few weeks back which the market seems to agree with.

    Listening to a presentation today, they are still 3 to 4 years out from production so I would expect it to gain some more momentum as we near that date.
    I did learn that the geo power generation which is their byproduct is enough to survive on even if Lithium turned to custard. However, with the European countries heading to all electric vehicles along with the Tesla production goals I can only see an upward trend. Especially if a carbon tax hits battery manufacturers.

  6. #6
    IMO
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    9,695

    Default

    Yes congrats, i missed this.Have sent it to a mate who is now a millionaire buying Tesla low.

  7. #7
    Senior Member
    Join Date
    May 2018
    Posts
    710

    Default

    Recently announced European regulations around batteries and a push toward a lower carbon footprint have lit a fire under VUL today. $3 here we come.

  8. #8
    Senior Member
    Join Date
    May 2018
    Posts
    710

    Default

    Looking promising for another good day ahead. $3.36 close yesterday.
    I can only imagine what might happen if they actually produce some Lithium.

  9. #9
    Senior Member
    Join Date
    May 2018
    Posts
    710

    Default

    Closing on $4.04 for the week. Shoulda bought more back in March/April when they were 48 cents.

  10. #10
    Senior Member
    Join Date
    May 2018
    Posts
    710

    Default

    A pause in trading pending an announcement after it spiked to $5.68 and dropped back to $5.00 today.
    Me thinks someone knew what the announcement was.
    However, I am guessing it will be a good news story.
    I was briefly at a 10 bagger today - dropped back to 9.

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