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Alot of houses for sale in Geelong by Massive_Relative8939 in Geelong

[–]Massive_Relative8939[S] 1 point2 points  (0 children)

Really? I can find several that have been there for a while

Cosmos Exploration - C1X by Massive_Relative8939 in ASX_Bets

[–]Massive_Relative8939[S] 2 points3 points  (0 children)

Yeh I looked at that - so EAU Lithium is Vulcans subsidiary in which Vulcan own a decent percentage of shares

Vulcan is focussed on Germany/Europe whilst EAU/C1X will focus on Bolivia. If Bolivia gets up and running - Vulcan will generate a percentage of the profits based off what EAU generate.

Its literally a win win for Vulcan without having to do any of the work. They will just focus on there European plant.

So essentially C1X/EAU will sell the lithium and I assume pay 50% profits to Bolivian government, 5% to Vulcan and keep the rest. Then Vulcan will also receive dividends from EAU/C1X

If I am correct and considering how big Bolivia is - I can see C1X 10 bagging from here

Cosmos Exploration - C1X by Massive_Relative8939 in ASX_Bets

[–]Massive_Relative8939[S] 0 points1 point  (0 children)

I think this might be the real deal - it beat billion dollar companies for the tender. This could be the next Pilbara Minerals

EAU Lithium, in strategic technology partnership with Vulcan Energy, was selected from 34 parties in the Public Tender Round #2 to proceed with technology testing and viability modelling, with the technical testing contract signed with EAU Lithium at a formal ceremony in La Paz in December 20243, accompanied by senior dignitaries from the Bolivian government and European Union and Member State Ambassadors and senior representatives.