AZL 6.67% 1.6¢ arizona lithium limited

AZL General Discussion, page-11759

  1. 666 Posts.
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    Given the time that has lapsed they're not sitting around doing nothing. The traditional path to production would just be adjusted accordingly. With research facility underway and running concurrently as they await BLM they can sort out the processing side of things (which they would have otherwise done later on). once BLM drops they'll be ready to go and hit the ground running at full speed. They got $50m so are cashed up and this gives them the optionality to mobilise a number of drill rigs at the one time running 24 hour shifts to expedite the drill process. They don't need to drill to prove up results, wait for assays, go to the market to do a cap raise and ask for the money etc, they're cash up and ready to go already. GL1 for example has 3 drill rigs on its Manna Lithium deposit in WA (Aus) all running going 100 miles an hour, no reason why AZL can't do things to speed it up like this (which im sure they will). DYOR.
 
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