AZL 6.67% 1.6¢ arizona lithium limited

Ann: Q1 2012 Drilling Programmes for Kangwane Cen, page-23

  1. 828 Posts.
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    re: Ann: Q1 2012 Drilling Programmes for Kang... Just had another listen to the Brr broadcast..all that was said was they were working on the BFS..and that Macquarie should be finished looking at the JV/T/O offers near end Q2...so May,2012. I am getting the picture that the board do not want T/O offers to eventuate just yet...until they increase their resource size,get approvals and transport,port allocation sorted.As per usual every step achieved makes ZYL more valuable...
    ..so the sooner they produce the BFS the better for us shareholders.
    If the BFS comes out before end March..we still have 4-8 weeks to find out about the offers on the Table.
    Gisy
 
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