AZL

9.09%

1.2¢ arizona lithium limited

BLM email Response, page-3

First 3 Last

Share
Profile

Follow
Littlefish88

529 Posts.

77

06/12/21

15:54

Post #: 58104263
Share

Originally posted by bluebaggas: ↑

I think we all need to relax. All 32 lithium stocks on my watch list are down today between 2 and 20%.

The story is the same over the last month - the majority of lithium stocks from large to small caps are all down significantly.

The sector has run hot all year. The market has been looking for an excuse to pull back. The pull back has been largely driven by macro factors that have nothing to do with the Big Sandy project.

Negative sentiment around BLM approval should be offset by positive sentiment around the metallurgical results and a growing awareness that from a valuation perspective the most important thing is that we produce a scoping study (then PFS, DFS). BLM drilling approval coming through this year or early next year won't make a difference to when these studies can be produced. The bulk sample is the main thing that AZL would need to feed in to the scoping study (not the extra 145 holes).

AZL could produce a scoping study based on the current resource and it would likely have a NPV around the billion dollar mark. Resource upgrades would then be incorporated in to an updated PFS or DFS down the track.

Personally, the key milestones I'm looking for over the next 6-12 months are:
- Appointment of a group to perform the initial scoping study
- Finalisation of preliminary flow sheet
- Commencement of scoping study
- Construction of pilot plant
- BLM drilling approval
- Bulk sample taken from Big Sandy
- Commissioning of pilot plant
- Release of scoping study

If AZL can get to that point I think fair value would be around $400m MC. $600m MC on PFS and $800m-1b MC on DFS (assuming some binding off takes have been signed).

Of course BLM drilling approval is important and will impact sentiment, but there are more important milestones in the short term.

Obviously to realise any value from Big Sandy, AZL will need some sort of mining permit. Some of the challenges raised and addressed in the drilling permitting process will likely be similar to those in the mining permitting process, so from that perspective having a positive result in the drilling permit process is key. But whether that approval comes this year or early next year doesn't really matter IMO.

Sit back, relax, stop refreshing your CommSec account 10 times per hour, and enjoy the ride over the next 12 to 36 months.

Expand

Good input mate but i refresh my commsec account way more then that, i think i have a problem. Im just praying that AZl will be more then 15cents in November as i have a lot of options i don't want to waste.

AZL Price at posting: 7.8¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

Is the RBA about to spark a market shake-up?

BM8

Battery Age Minerals finds critical technology isotope Germanium-76 at Bleiberg

PEN

Peninsula Energy sinks -13% as Lance uranium plant delayed; production guidance trimmed

HotCopper Highlights: Your most watched stocks for Week 5, 2025

LLC

Lendlease offloads Capella Capital to clock $4.5B selling blitz up past halfway mark

Week 5 Wrap: JP Morgan says Tesla divorced from fundamentals; US Fed pauses; Oz young men like Dutton

Expert Exchange: Andrew Baxter's 5 stocks and industries to watch in 2025

WIN

Out to WIN: The 'primed' gold play with sights set on WA production

DeepSeek is living in the market's head rent-free. But it's not China's only breakthrough of 2025

CC9

Is a lithium revival on the cards in 2025? Chariot Corporation say yes!

First 3 Last

Add AZL (ASX) to my watchlist

(20min delay)
Last 1.2¢		Change 0.001(9.09%)		Mkt cap ! $54.74M

Open	High	Low	Value	Volume
1.1¢	1.2¢	1.1¢	$22.51K	2.035M

Buyers (Bids)

No.	Vol.	Price($)
1	791374	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	7923961	20

View Market Depth

No.	Vol.	Price($)
1	791374	0.011
53	14717860	0.010
22	7738510	0.009
10	5177124	0.008
4	4940000	0.007

Price($)	Vol.	No.
0.012	7588285	16
0.013	10679162	30
0.014	1819662	10
0.015	2929374	8
0.016	1802381	7

Last trade - 16.10pm 31/01/2025 (20 minute delay)

AZL (ASX) Chart

BLM email Response, page-3

Is the RBA about to spark a market shake-up?

Battery Age Minerals finds critical technology isotope Germanium-76 at Bleiberg

Peninsula Energy sinks -13% as Lance uranium plant delayed; production guidance trimmed

HotCopper Highlights: Your most watched stocks for Week 5, 2025

Lendlease offloads Capella Capital to clock $4.5B selling blitz up past halfway mark

Week 5 Wrap: JP Morgan says Tesla divorced from fundamentals; US Fed pauses; Oz young men like Dutton

Expert Exchange: Andrew Baxter's 5 stocks and industries to watch in 2025

Out to WIN: The 'primed' gold play with sights set on WA production

DeepSeek is living in the market's head rent-free. But it's not China's only breakthrough of 2025

Is a lithium revival on the cards in 2025? Chariot Corporation say yes!

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

BLM email Response, page-3

Top Stories

Is the RBA about to spark a market shake-up?

Battery Age Minerals finds critical technology isotope Germanium-76 at Bleiberg

Peninsula Energy sinks -13% as Lance uranium plant delayed; production guidance trimmed

HotCopper Highlights: Your most watched stocks for Week 5, 2025

Lendlease offloads Capella Capital to clock $4.5B selling blitz up past halfway mark

Week 5 Wrap: JP Morgan says Tesla divorced from fundamentals; US Fed pauses; Oz young men like Dutton

Expert Exchange: Andrew Baxter's 5 stocks and industries to watch in 2025

Out to WIN: The 'primed' gold play with sights set on WA production

DeepSeek is living in the market's head rent-free. But it's not China's only breakthrough of 2025

Is a lithium revival on the cards in 2025? Chariot Corporation say yes!

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News