AZS 0.00% $3.69 azure minerals limited

Ann: Broad High-Grade Lithium Intersections Continue at Andover, page-124

  1. 488 Posts.
    lightbulb Created with Sketch. 124
    The guys in the Money of Mine video from FD20 seem very incredulous, despite the actual sophs describing their methods, mentioning the valuations of the other lithium miners, showing the rule of thumb per 50mt of lithium, and other sophs stating the potential for hundreds of millions of tonnes...

    Yet he cannot stop laughing for more than a second at the idea of AZS being worth its current market cap.

    They both seem to be very stuck in a mindset of: "but the JORC MRE isn't out yet so why would anyone pay for this?" The guy with glasses even points out risk v reward and says the idea is that it could end up like one of the big boys so people are willing to pay earlier in the exploration cycle, and they seem to think its the most otherworldly idea ever.

    Very strange.

    If anyone has the Euroz article or the thing from George Ross they reference that would be swell.
    Last edited by Nihilius: 20/06/23
 
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