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13:06
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Originally posted by Bigly:
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The serial downramper reported my comments in the charts threads so i will reply here. He says his new target is 15cents but last week he said 10cents what is going on there buddie? Mates are you ok? SQM [global lithium giant] paid 26 cents last week for over 78 MILLION SHARES And you think this is going to 10 cents? [actually now you say 15 cents]They chose AZS because this land has the potentials for over 100 million tonnes the same as LTR where the other explorer only pulling 10-15mt deposits. They want a big deposits and their eyes are set on out Andover project right here in the outback of WA. we have over 700 pegmatites outcropping with spodumenes all over the places with high grades 3% 4% 5% lithium When they made the information public of the data at hand to dates SQM flew down 2 of their geos on helicopters to the site for due diligence works . They liked what they saw and immediatelly gave the company 4 million dollars. This payment was like a deposit like when you buy a car. Here take this deposit and when its ready i will pick it up. In this case they made a contract to give them few months to do the due dilligence work s on the land with boots on the ground and access to the confidential data in the back room. After few months they said yes and gave the full 20 million bucks .This deal if you punch it in the calculators it shows that SQM valued AZS at 100 million market caps BEFORE ANY DRILLING OCCURRED. First drill hole pulling 22 meters and the second drill hole 27 meters getting thicker and the grades if matching the outcrop grades well mates let me tell you it will be game on LTR is now valued at 7 BILLION market caps because they are sitting on +100mt deposits in WA and global giants Albermarle is trying to take them over for a premiums as we speak. AZS is valued at 130 million market caps can you believe it? The potentials here is incredible its really that simples . Line up the ducks mate thats all im going to say
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Hi Bigly, good to have you onboard.
