AZL 5.88% 1.8¢ arizona lithium limited

AZL General Discussion, page-18130

  1. 837 Posts.
    lightbulb Created with Sketch. 184
    That may happen, but again, pending on the DLE demo plant working at commercial scale. Exxon in theory could buy AZL in 6 months for under 1c per share, its not going anywhere fast.
    Of course if it doesn't work, like LKE, the share prices will simply crash harder. I really wish lithium companies using DLE would explain to shareholders the risks involved. These DLE projects are not like the big hard rock mines or even brine ponds, they are extremely complex, each DLE system must be designed for the project ore. It is not a system that simply can be bolted on to any project anywhere. Lithium companies are using DLE with a brine pond feeder with some success, but the grades are good on the input side of the DLE. As always GLTAH
 
watchlist Created with Sketch. Add AZL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.