AZS 0.00% $3.69 azure minerals limited

Ann: Drilling Accelerates at Andover Lithium Project, page-50

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  1. 5,812 Posts.
    lightbulb Created with Sketch. 2338
    agree.

    Let’s hope the SP does what LRS did. SP was in low 3c went to about 7.5c after news of pegmatitehttps://hotcopper.com.au/data/attachments/5335/5335327-2da53d81aaa6732db92a50cfa8946a54.jpg 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.





 
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