AZL 0.00% 2.3¢ arizona lithium limited

Sure, there's a SP drop after a capital raise and then there's...

  1. 87 Posts.
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    Sure, there's a SP drop after a capital raise and then there's AZL.

    I think I'll be lucky if I breakeven in 2024, that's if we even have enough funds to get us through next year of staffing or to further these projects. High school lab experiments isn't going to get investors interested, retail investors want to stay clear of any purchase plans. If things don't change soon no one will want to get behind AZL to help fund it. They may find an investors who will get in at next to nothing, only to dump it soon after. It's pretty hard to sell this story at the moment.

    BLM who knows when that will happen and even if it does, there will be huge sell offs along the way from those who have been holding in the red for the past 18 months. NASDAQ listing is probably scrapped now or at least pushed back much further. Things simply aren't looking good. AZL is almost like LKE's little brother, whatever SP LKE is, AZL follows.





 
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Mkt cap ! $102.8M
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2.3¢ 2.3¢ 2.2¢ $100.6K 4.387M

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36 15747309 2.2¢
 

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Last trade - 16.10pm 21/05/2024 (20 minute delay) ?
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2.3¢
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