Let’s hope the SP does what LRS did. SP was in low 3c went to about 7.5c after news of pegmatite lengths in initial holes and almost tripled to 21c just after the assay results came out as set out below. Grade was good but thickness was narrow. MC went over $300m.
To date AZS shows similar moves from low 20c to mid 50c - will it get to $1.50 (MC about $600m) in the aftermath of initial good assays results? We can dream I suppose! But it seems ambitious IMO
Footnote: Unfortunately LRS SP sent down a lot after that and still only 18c (MC $400m) despite a resource of an estimated 40- 50mt coming out this month.
AZS Price at posting:
57.0¢ Sentiment: Buy Disclosure: Held