Hi adesso
Sorry i should have been more clear
AZS only owns 60% of the Andover project
So the valuation for the Andover project is higher than that which is displayed on HC
LTR SP has gone up a bit recently, but they're probably around the same valuation now. Note that LTR has $500m cash balance and set to begin production this year
The Andover project is looking to be far superior than LTR however, but they are quite a few years away from production, and will need significant funds / dilution to get there
All in all, in the current environment I think its a good deal for shareholders
- Forums
- ASX - By Stock
- AZS
- Ann: More Very Impressive Lithium Results from Andover
Ann: More Very Impressive Lithium Results from Andover, page-12
-
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AZS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online