AZL 4.76% 2.2¢ arizona lithium limited

Ann: DRILLING CONFIRMS HIGH GRADE MINERALISATION AT LONE PINE, page-85

  1. VVS
    954 Posts.
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    Absolutely, not a bad effort given what took place earlier in the week. Interestingly from a TA viewpoint, the SP has bounced off the 61.8% fib retracement (at 1.3c) and we are back in the trading range we have been for the last couple of months. In essence the SP is back to where it was before drilling began. The difference is that we now know the results from the larger rig and we know the recoveries are good. A shame that the results from LPD008 was not available at the same time but all that may have potentially done is flush out weak hands!! Look forward to what transpires next...
 
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