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$3.69 azure minerals limited

Ann: 209m High-Grade Lithium Intersection at Andover, page-88

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MrLong2019

1,419 Posts.

131

04/08/23

12:00

Post #: 69158336
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Originally posted by Gainzmaster5000: ↑

controversial view but I reckon CR next week.

people often get angry when you call a CR but strategic timing of a CR will increase your returns substantially.

Yes I know they have plenty of cash however it's not always about raising when you need cash it's raising at the right time and minimising dilution for existing shareholders.

we've seen the market price in brilliant intercepts before, really until todays ANN and we've gone the next leg up, I expect the next few announcements will be priced in off the back of day and therefore will be a brilliant chance to raise cash at a non dilutive level before the next leg up.

in other news market cap has now exceeded PMET. stunning.

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Agreed.

Plus it would be wise to raise whilst the news is hot - who knows if TA2 has anything similar - we hope so obviously, but risk ahead…

And is there a possibility of a new major investing at a premium, or will SQM step up again?

AZS Price at posting: $2.56 Sentiment: Hold Disclosure: Held
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0 Great analysis

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