Australia's largest stock trading and investment forum Australia's #1 stock forum

AZL

Click for more information

0.00%

2.2¢ arizona lithium limited

Ann: DRILLING CONFIRMS HIGH GRADE MINERALISATION AT LONE PINE, page-56

First 56 Last

Share
Profile

Follow
Zkt

2,076 Posts.

283

15/09/20

14:10

Post #: 47354029
Share

Originally posted by 1sharetrader1: ↑

Looks like this project is going to be a bust.
There is some high grade gold ,but it is between large pockets of little to no gold and the only gold worth mining is over small widths and at a depth that would not be economical due to there not being enough gold over larger lengths and widths.
It appears that the gold will be discovered in small width pockets ,but over a large area of uneconomical ground.
The cost to set up a mine for mining the discovered gold and mining costs ,would be way more than the gold that could be recovered ,in my opinion ,and I suspect that future exploration will show a similarity to these current results.
Kinda sad that this company has a 20 million dollar market cap.

Expand

This stock holds a crop duster. The gold is further up north in the Pogo gold camp. DYOR.

HWK Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 29 more messages in this thread...

First 56 Last

Add AZL (ASX) to my watchlist

(20min delay)
Last 2.2¢		Change 0.000(0.00%)		Mkt cap ! $98.42M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	25000	4.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.0¢	50000	1

View Market Depth

No.	Vol.	Price($)
1	25000	0.040
3	265249	0.030
3	2010000	0.025
2	516666	0.024
9	2514018	0.023

Price($)	Vol.	No.
0.020	50000	1
0.021	250000	1
0.022	2683504	7
0.023	2286459	4
0.024	4081424	14

Last trade - 16.16pm 07/06/2024 (20 minute delay)

AZL (ASX) Chart

Day chart unavailable