ASX:VULMetals and Mining
Vulcan Energy Resources (ASX:VUL) Valuation After €2.2b Lionheart Project Funding Secures Execution Phase
Vulcan Energy Resources (ASX:VUL) has just locked in a €2.2 billion financing package to fully fund Phase One of its Lionheart lithium and renewable energy project in Germany, pushing the business firmly into execution mode.
See our latest analysis for Vulcan Energy Resources.
The hefty equity raise at a discount has clearly weighed on sentiment, with a 30 day share price return of minus 30.55 percent and 1 year total shareholder return of minus 25.27 percent. However, the positive 90 day...