AZL 6.25% 1.7¢ arizona lithium limited

Why are you rubbing salt in the wounds of AZL believers who...

  1. 3,091 Posts.
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    Why are you rubbing salt in the wounds of AZL believers who didn’t realize until it was too late that what the tribes in Nevada did wrong, are what the Hualapai tribe in Arizona did right? In Nevada, they didn’t show up when the Trump BLM asked for objections, and they weren’t the original plaintiffs in the lawsuit that delayed the start of operations at Thacker Pass for two years. They didn’t have the best environmentalist law firm in the country on their side. In Arizona, the Biden BLM is obviously not going to do anything unless Trump wins a year from now, and then they will do whatever they can to deny AZL a permit to drill and fill.

    And yet, the Nevada litigation has still not ended. Maybe that’s why the LAC share price suffers. When the lawsuit was still pending and before the GM takeoff agreement, it was selling for around $25. Then they spun off the productive South American properties to the Chinese, and the share price has dropped to $7. The spinoff is below $6.

 
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