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$3.69 azure minerals limited

Ann: Broad High-Grade Lithium Intersections Continue at Andover, page-90

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calmbeforestorm

5,812 Posts.

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20/06/23

14:02

Post #: 68379213
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@Wurlitch - PLS resources are 308.9 Mt grading 1.14% Li2O and Wodgina, also in Pilbara has a very similar grade but lower resources at 255mt both consistent with assays to date from AZS, also in Pilbara.

LTR is 156mt @ 1.4% so higher grade.

Here are results for LTR Nov 2019 - seem deep to me and not as thick

Originally posted by calmbeforestorm: ↑

Do you realise high grade is anything over 1% which is what AZS have in spades, that the grades released by AZS are similar to PLS a $14b market cap, the true depth is not 350m but about 280m and that is the bottom of the intervals not the top (i.e. the 100m intervals start at under 200m), there is lot of mineralisation starts just below surface (hole 208 starts at about 20m for over 50m interval, hole 210 starts at 14m for over 50m interval, AND MOST IMPORTANTLY the DD holes are the deeper mineralisation while the RC holes where we have no results target the shallower mineralisation while AP0011 goes to the surface which we have no results from.

In summary your comments do not seem to reflect a good understanding of the announcements to date.

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AZS Price at posting: $1.01 Sentiment: Hold Disclosure: Held
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