Did nobody watch what happened to LTR over the last 6 months?
You can find endless numbers of posts just like this one from delusional holders who somehow thought they could always get more. $3 was an insanely attractive deal over there ($3 a share for ALB to take on all the ramp up and production risk on an underground mine that has already doubled in capital costs).
Over here, $3.52 a share for someone to take away development, Metalurgical, funding, ramp up and production risk is also ridiculous generous.
This deposit is going to have horrific capital costs for float requirements and thats before you get to the flow sheet risks associated with the abnormally high iron content, and no one will want to be holding when these items become reality.
AZS Price at posting:
$3.51 Sentiment: Buy Disclosure: Not Held
