One notable feature of AZS releases on lithium is that the announcements keep getting better each time one is released - Some examples:
Rock chips: 12 October 2022 (first Li announcement) - 130 outcrops and 25 rock chip samples with highest grade about 1.6%, each subsequent release increased the number of outcrops (now over 700), the number of rock chips assays (now 1,079) and the number and proportions of rock chip higher grades (now 35 over 4%)
Assay results from holes: 12 October 2022 hole 133 drilled for Ni contain some very low-grade Li. On 7 February come hole 199 7m at about 1.5%, then came the announcements on 15 March and 5 April of up to 52m of spodumene and on 13 June 105m at high grade lithium.
Should we dare to suggest the best yet to come? If you examine assay results from explorers, the first assays are very rarely the best results. Given the info AZS released in their clarifying announcement the next assays are likely to be better than the maiden ones so perhaps the best is yet to come. Time will tell.
AZS Price at posting:
$1.04 Sentiment: Buy Disclosure: Held
