magic
Llyod is waiting for takeover , so are the other directors. They have a plan of building the company into a lithium producer from Prairie then sell it off to major lithium player like LTM(ASX) or similar. What price would someone pay for a lithium producer so close to Nth American battery plants. Well it wont be sold for under a billion IMO and please remember AZL will be a low cost producer and will have suitors from all over Nth America wanting to lock in supply. Lithium prices are low at the moment but that does not affect AZL currently in fact it is a bonus right now , as labour for equipment , for drilling pads and wells will be readily available. Lithium prices will be surging again just when AZL starts production in 2025 and that is when suitors will come knocking.
cheers
Ann: Change of Director's Interest Notice, page-9
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Last
1.6¢ |
Change
0.001(6.67%) |
Mkt cap ! $71.58M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.6¢ | $39.24K | 2.468M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 66 | 15627533 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 927534 | 3 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| AZL (ASX) Chart |