AZL 9.09% 2.0¢ arizona lithium limited

Ann: Application for quotation of securities - AZL, page-15

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    I'd like to to think there's off take discussions going on and that's why Paul can't answer the hard questions right now. But that's probably giving him way too much credit.

    Also not sure why Paul mentioned several times capital cost being 20-30 million per tonne or 150-170 million for 6k. Now PFS says 290 million for 6k. Nearly double. Just a shit talker.

    But bottom line is we invested in Big Sandy and Prairie is shaping up to be the lower cost producer with a free passage to production. At this stage I will take the lower IRR as long as the project gets off the ground.
 
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