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clock Created with Sketch. 17/03/23
15:45
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Originally posted by Bigly:
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Thank steven. I have reviewed the documentation of previous announcements and in a matter of weeks when the first lithium discovery was announced here SQM has made the offer to buy 20% for 20 million dollars. They didnt do that blindly i have watched the interviews they flew the SQM geos in by helicopter and onto the field and were given the confidential back room data. They didnt take long to sign the paperworks after that.share price of AZS was 23 cents before the lithium came into the pictures . SQM joins the board at 26 cents. We are now trading at 27 cents. I am seeing tremendous upside potentials.27 meters and 22 meters on the first 2 drill holes its looking good. If they are assayed at 2% this party will be getting started. Bring on the next drill hole 40 thousand meters of drilling commencing. The exciting part is this 40 thousand meters of drilling will all be complete this year there is no time to waste
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"this would be a very bad deal for them". $20M is pennies to a company with $2.6B in cash. For perspective this is equivalent to you putting 0.75% [yes less than 1%] of your portfolio into a project. "Remembering the grades here are looking similar to Chargers grades" Maybe you could show us all the assay data that you have access to?"that the market caps is only about the lithium, then yes 10 milion tonnes is priced in" While you're at it show us the data which supports 10 million tonnes from two drill holes?
