I've been an AZL holder for sometime and they have raised...

I've been an AZL holder for sometime and they have raised capital twice recently. The second one was unexpected with $20m in the bank. Everyone thought the price would drop and each CR has been over subscribed and resulted in significant increase in the share price.

The difference may be that they have focused on marketing/branding of their lithium projects which has obviously worked.

Interesting to see if this CR is oversubscribed too. I've been watching MQR for the past few months, I'm mainly interested in the Kibby Basin project with approvals already in place but the complicated binding agreements with Belmont previously kept me away.
I think I'm ready to jump in once the CR is done, especially considering Kibby Basin drilling program will begin at the end of April and results are expected during May I guess.