Perhaps people forgot my post during 1.4/1.5c days so a friendly reminder of institutional investors pro forma valuation of AZL, based on acquisition of Prairie Lithium, medium term (hence the rally) and long-term post PFS NPV and what the company does with it eg. progress offtakes.
Anyway, I'm really only posting this for @rama77 but as always, each to their own risk/reward analysis. I wouldn't bet against the market on this one.
Per due diligence dated March 2023... easily 10c this quarter, post PFS projected 20c per share, Prairie alone stand to reach $800M valuation short-medium term.
Some may not trust Evo Cap but if they are acquiring, I tend to do as well... profitably and always at the lowest prices.
AZL General Discussion, page-19035
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Last
1.7¢ |
Change
-0.001(2.94%) |
Mkt cap ! $73.81M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.6¢ | $204.1K | 12.45M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1225001 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 909713 | 4 |
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| AZL (ASX) Chart |