I think youre wrong on all accounts.
You clearly dont know much about this company, or investing for that matter.
AZL is set to start producing in H1 2025. That's less than one year away (not years). At if you know anything about the prarie project, with the DLE, it will actually be one of the lowest cost prodcting lithium producers.
And it doesnt matter how many shares are on issue. That doesnt define a company's value. Although it is unfortunate that it makes it easier to manipulate the SP. But ultimately SP doesnt matter. Market value does.
Please do some research before posting nonsense.
Ann: BLM Approval Received - Drilling to Commence at Big Sandy, page-61
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Last
2.1¢ |
Change
0.001(5.00%) |
Mkt cap ! $93.95M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.1¢ | 1.9¢ | $44.53K | 2.199M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 2934054 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 8486204 | 14 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| AZL (ASX) Chart |