AZL 0.00% 2.3¢ arizona lithium limited

Ann: Annual Report to Shareholders, page-8

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    They did get some coin after 30 June from options conversion. I forget how much, will have to go back through the announcements to see what it amounted to. Paul has said in the past the next CR will be an opportunity for retail holders to participate but my guess it will happen after the JORC at the end of the year to ensure take-up and minimise dilution. They have enough coin to fund the current Lone Pine drilling campaign but will need to raise to fund next year's Western Desert drilling.
 
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