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1.6¢ arizona lithium limited

Ann: Trading Halt, page-97

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MasterWealth

18 Posts.

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20/12/22

11:03

Post #: 65379383
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Originally posted by mondyinvest: ↑

In reality, whilst holders get excited about M&A activity by default, you have to wait for details on the resource to be able to judge the deal. Is it high/low grade? What sort of impurities? At what depth? etc.

I’m obviously not a popular poster on these threads, but people who are calling it a good deal (or a bad deal) already have no idea yet. Need to see the details before judging anything.

But if they’re going 50/50 cash and shares, then they’ll likely be issuing around 645,000,000 new shares as well as the $40M cash. They had $50M cash at 31/10, less the US$1.25 (A$1.8M) they invested in Midwest, less any burn for the current quarter, so looks like they’ll be left with <$8M at the end of it to continue advancing the projects. So more capital raises down the line in the not too distant future (DFS’s are expensive). Cheers

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you think they just go around and throw money? who says CR is bad as long as ROI is good.

AZL Price at posting: 6.2¢ Sentiment: None Disclosure: Not Held
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Last 1.6¢		Change -0.002(11.1%)		Mkt cap ! $73.81M

Open	High	Low	Value	Volume
1.8¢	1.8¢	1.6¢	$245.2K	14.34M

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No.	Vol.	Price($)
29	10352069	1.6¢

Sellers (Offers)

Price($)	Vol.	No.
1.7¢	1827873	14

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No.	Vol.	Price($)
28	9352069	0.016
45	13956850	0.015
56	13306012	0.014
17	4556915	0.013
11	4788696	0.012

Price($)	Vol.	No.
0.017	1827873	14
0.018	1556663	7
0.019	3687795	11
0.020	4141710	15
0.021	593836	4

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