AZS azure minerals limited

Banter and general comments, page-681

  1. 841 Posts.
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    lithium & copper are the two big commodities in the near future.

    area looks very promising, just need some bigger intercepts to justify a $500m plant in a remote location.

    chances are they will find that, not DD is very expensive, so if you hold these stocks the price needs to slowly climb to keep you % of the company as they need to cap raise very often.

    in saying that, if they hit something big then albemarle is on a shopping spree since south America as taken over control of its lithium mines. But they will only do this after production starts or is about to begin.

    its typically 14 years from discovery to production, so its all about finding those stocks that can do it in 6-7 years but that only happens if they hit something that is so economic they can stop drilling and start mine planning.
 
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