Kev, WR1 has been drilling for ~2 years? (according to you)
According to their last announcement, they've drilled a total of 22,500 metres as at the end of May They plan to have an MRE by the end of this year, but this could be pushed to 2024 as the MD mentioned he'll only release an MRE if he's happy with the tonnage. Unfortunately the fires have also affected the Canadian assay labs aswell - so we just don't know if he'll have all the results he needs to get a MRE in time.
In comparison, AZS have completed over 10,000m in a matter of months. The entire 40,000m program will be completed in a few more months aswell as a MRE this year. So things are much faster here.
You keep obsessing about the 60% ownership of the project, and often times calling it 55% or 'soon to be 50%' etc (lol)
At the end of the day, AZS owns 60% of a potentially world-class project - and all of its shareholders will be paid out at a premium (in the case of a take over) should this turn out to be as big as we think it is. SQM or whoever it may be, must give an offer that wont be refused. As bigly would say 'its that simples'. LTR although much further advanced, is a great example.
Its not a bad thing to have a lot of insto holders or big holders in the T20 (i often see you mentioning the germans, creasy & SQM). Its actually a good thing, a lot of junior companies would love to have big names on their register or big name cornerstone investors. This is not to be confused with project ownership (AZS 60/ Creasy 40). At times it seems like you purposely try to mix these 2 completely different things together (or maybe you just dont understand it). Who cares if retail own a minority of the registry? It really baffles me, your logic. It makes no difference.
By the way, I also own WR1, as i do feel its undervalued on a peer to peer comparison with other lithium juniors based on geo modelling / expected tonnage which you've probably seen has been shared on the forum. But you're not doing the company any favours with your constant trolling and false info. Many were annoyed from Bigly, but atleast he never posted false information. You on the other hand, are actually pretty bad at this.
AZS Price at posting:
$1.68 Sentiment: Buy Disclosure: Held
