The precedent of Oak Flat is that if mining companies want to buy or trade for federal land, the courts won't stand in the way of deals approved by Congress. When AZL has as much money and credit as BHP and Rio Tinto, it can try to make a deal at Big Sandy. First, though, they need some evidence that there's more lithium there than what they think might exist on the 4% where some exploratory drilling was done years ago. The irony is that Judge Humetewa's mentor, the late war coward and Senator John McCain, was the major force behind approval of the land swap.
AZL Price at posting:
0.6¢ Sentiment: Sell Disclosure: Not Held
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