AZL 6.67% 1.6¢ arizona lithium limited

Sure, I agree... but can we place a reality check on Big Sandy?...

  1. 1,871 Posts.
    lightbulb Created with Sketch. 1660
    Sure, I agree... but can we place a reality check on Big Sandy? Until the company is able to drill, let alone mine after 2-5yrs of drilling, that asset and its value is as good as wallpaper waiting for the next round of capital to replace and take its place in a room full of supply chain hopefuls. But at least LRC will be operational, perhaps even expanded by then I guess. Sorry but that's not a reason for me to invest in, personally. Prairie Lithium is the big reason "why" AZL is worth the punt (at least now if not before). No offence intended.

    Two things to note and it was wise for the company to announce these instead of keeping close to their chest:
    - Finalisation of pilot plant and tentative timelines
    - Signing of contract with preferred drilling services provider for the commercial plant

    On both accounts the company is actually running late. Not that it matters so much as everyone knows who been around long enough, mining companies and chemical plants are prone to delays, so a couple of months here and there are within tolerance rather than the years of Big Sandy, which is, sorry to be frankly, intolerable.

    More announcements to come for sure. I made transparent of one of our trades really just to shut up the naysayers, I'm here for the long term commercialisation of Prairie Lithium... not that there was any need for validation. Time does that for me. Simply, put money where mouth is with proof. It's to show some gets better reporting and more timely than others, especially those who can afford it.

    My team was right about 1.4c bottom on heads, and again with recent drop.. pretty sure they also right about hitting the bottom at 0.005c on AZLO. But they look at things from long-term view so not always right, just mostly. For day trading views, I'd place my money on @dc1234 - who's actually so very kind to give insights on things bankers and traders pay someone tens of thousands per report. Although it's obvious it's learnt through street smart and sheer determination, DC's eyes on patterns are second to none. I muse with friends that if I was still in that kind of business, I'd hunt him down and hire him haha but yeah nah too old for that
 
watchlist Created with Sketch. Add AZL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.