PFS in Q1 2024 for E3 Lithium is more realistic than the...

PFS in Q1 2024 for E3 Lithium is more realistic than the possible but hopeful AZL on Prairie's Dec 2023. Usually PFS is when investors pile proper capital in as everyone knows but given the "paradigm shift" in Canada in particular, and lithium in brine in particular, that's thrown up the question whether to invest before PFS or after once reviewed and found economical? I would prefer Prairie Lithium's PFS gets released after E3 as I'd anticipate that once Prairie's resource is found to be more profitable than E3 then AZL's market cap should match or surpass E3, logically speaking. E3's market cap currently is CAD220M or AUD255M give or take (roughly 5x AZL's AUD48M give or take). That's 0.075 per AZL share approx, which is pretty amazing ROI in short period if it materially happen in the next couple of quarters, especially given the aggregate environment.

Nice to hear from E3 CEO "paradigm shift" I've alluded to here and why I'm invested in Prairie Lithium project's progress. Saskatchewan is better jurisdiction to mining than Alberta in my opinion. Prairie has proven better flow rate than E3, which is likely why E3 is acquiring permits and trying to expand into South East Saskatchewan (which is precisely where Prairie Lithium's permits and leases are located).

Have a nice weekend.