AZL 6.25% 1.5¢ arizona lithium limited

Ann: Commissioning of Pilot Plant Completed at Prairie, page-31

  1. 1,871 Posts.
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    Nasdaq listing is the big cap raise the company is gearing for. That will be a while yet. There is runway enough for cap raise not until March/April 2024. Right now the focus is unlocking value. I reckon above 20c to cap raise through exercise of options. Capex and Opex already in budget and very low compared to industry standards... they basically just copy oil industry that's gone through years of efficiency and cost savings. Now instead of oil, it's lithium brine.

    Dumb money or otherwise de-risking dropped out yesterday. Now it's go time... careful not to get speeding tickets, one day at a time.
 
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