What if a lithium testing lab took payment in shares, not cash? Maybe that's what Ben Rostron (BR?) at Isobrine Solutions is doing for AZL. But the Koch family's resources are about a million times greater. And they like Grounded:
"The Company (Grounded) engaged Koch Technologies Solutions ("KTS") a number of months ago to perform certain treatability studies on the Company's brine resources. This was performed with exceptional results and largely moved GLC to select KTS as our chosen extraction technology solution. The fees associated with this testing have been agreed to by Company and officials at KTS to be satisfied with Class A common shares ("Common Shares") of the Company. A total of 1,665,354 common shares, representing 2.1% of the pro-forma outstanding Common Shares will be issued to an affiliate of KTS."
AZL General Discussion, page-21940
Add AZL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $76.05M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.7¢ | $46.18K | 2.722M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 5689946 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 3278446 | 10 |
View Market Depth
| Last trade - 13.34pm 10/10/2024 (20 minute delay) ? |
| AZL (ASX) Chart |