AZL General Discussion, page-140

Purity Results are due anytime from Bulk testing.
This will be a major push up in SP if favourable. Chances are excellent, considering past tests.

IMO, may be wrong, but above results will be released after BLM approval process. BLM go ahead, will be another SP push up.

HWK testing so far has proven 99.8% LiCo3 purity.

LiCo3 over 99.5% purity price in Oct 2021 is Yuan 165,000T (USD $25,600) (AUD $34,500)

The cost of Mining / Production (Not considering the initial mine cost, which may be around USD $500 Mill ???)
of clay deposits are supposed to range from USD $2,500 to USD $ 4,000)

So profit of around USD $22,000 T (AUD $29,600)

Considering 30,000t pa production.
Profit per annum:
30,000t X USD22,000 = USD $660 Million (AUD $900 Million) (Around 56c per share)

Thats AUD $900M x 10 years = AUD $9Billion profit (Around $6 per Share)

Thats from 4% of our tenement. 96% still to be explored, but seems similar ground.

AZL MC now is only AUD $85 Million.

GLTAH