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

AZL

Click for more information

5.56%

1.9¢ arizona lithium limited

Cheers Dee.Much appreciated.

First 28 Last

Share
Profile

Follow
cuppa

9,450 Posts.

333

03/06/24

13:03

Post #: 74136869
Share
Originally posted by Dee55Tee: ↑

I missed the first 5 minutes but my take on the presentation -
Next 5 months of drilling 6 wells over 3 pads. Fully funded with $18m in bank
Pad 1 will have the two wells 20m apart at surface. Well #1 will complete in next couple of days to a depth of ~2500m
The LRC officially opens this Friday. LCE product from Prairie to be distributed to off-take parties.
There are a number of interested off-take partners in the data room. Next couple of months is important with both drilling and LCE production data delivered. PL commented that he was looking forward to formalising off-take in the near term.
There are parties including the Dept of Defence who are very interested in Prairie.
Responding to a question on expanding our landholdings PL said that we have large holdings of 390,000 acres and that they are focussed on developing to production. There is the potential to develop 20 pads over some years and that is the priority. While they are not looking to acquire - they will not sell any land either.
PL spoke at length about the effort by a small team that is going in to bringing Prairie to production and in being leaders in this new DLE production.

Expand

Cheers Dee.Much appreciated.
AZL Price at posting: 2.3¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

ITM

iTech lifts MRE at Eyre Peninsula Graphite Project by 300%

LIN

Lindian shares jump on news of low-cost feasibility results for Kangankunde REE project

ASX Market Update: ASX200 in the red but real estate faring better | 1 June 2024

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

First 28 Last

Add AZL (ASX) to my watchlist

(20min delay)
Last 1.9¢		Change 0.001(5.56%)		Mkt cap ! $85.00M

Open	High	Low	Value	Volume
1.8¢	1.9¢	1.7¢	$110.8K	6.168M

Buyers (Bids)

No.	Vol.	Price($)
1	17306	1.8¢

Sellers (Offers)

Price($)	Vol.	No.
1.9¢	2495978	16

View Market Depth

No.	Vol.	Price($)
1	17306	0.018
35	5296359	0.017
23	6204255	0.016
18	4383944	0.015
16	4539660	0.014

Price($)	Vol.	No.
0.019	2495978	16
0.020	2384882	14
0.021	7030267	8
0.022	2806644	10
0.023	3498316	8

Last trade - 16.10pm 01/07/2024 (20 minute delay)

AZL (ASX) Chart

SPONSORED BY