Agree with both @Broken chair and @GoSpaceMan, most of BHL lode claims near Wikieup are low grade deposits falling within the fluvial zones (purple) of the Big Sandy Basin, see maps below. Plus, AZL 311 lode claims, originally stake by Paul and Greg Smith from 1/09/16 to 1/09/18 are within the main lacastrine clay zone (green). Yes, AZL team knew what they were doing when they started looking for lithium bearing sediment clays in Arizona.
If this TH is to pay some walkway money and to buyout BHL Wikieup lode claims as part of the process, then those claims in sections 32, 33, 5, 4, 9, 17 and 16 might has some value given they are within the lacastrine clay deposit zone (I'm expecting low volume of Li clay in this area due to erosion from the river floodplain).
If this is cause, I wouldn't anticipate BHL to have a trading halt for this news. Why would they highlight negative news when a quick announcement about selling the Northern Wikieup area to concentrate on their San Domingo project would be possible prior to the opening of the AIM market since we are operating in different time zones.
Until we see the detail of this announcement, we are all speculating but at least it surely beats the other BS.
- Forums
- ASX - By Stock
- Ann: Trading Halt
Agree with both @Broken chair and @GoSpaceMan, most of BHL lode...
-
-
- There are more pages in this discussion • 104 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 AZL (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $80.52M |
Open | High | Low | Value | Volume |
1.9¢ | 1.9¢ | 1.8¢ | $77.03K | 4.187M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
29 | 5355804 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 540054 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 4300249 | 0.018 |
23 | 4716868 | 0.017 |
13 | 4569080 | 0.016 |
13 | 4810989 | 0.015 |
10 | 3082492 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 540054 | 2 |
0.020 | 1719466 | 10 |
0.021 | 3216000 | 8 |
0.022 | 1690367 | 11 |
0.023 | 8816311 | 11 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
Featured News
AZL (ASX) Chart |