AZL 5.26% 1.8¢ arizona lithium limited

Wow, well you seem to be quite the fan of reading news... but...

  1. 1,871 Posts.
    lightbulb Created with Sketch. 1658
    Wow, well you seem to be quite the fan of reading news... but have seem to omit the fact that Canada is actively telling Chinese interests to divest from Canadian mines. China is NOT Prairie project's market. I'm well deep into the sector's supply chains, part of it actually, not some retail who speculate so thanks for the pep talk tips but yeah nah come over to North America and see it unfold for yourself, tax breaks, subsidies and all. Watch building rise and chemical plants build, gearing to stripped China of the North American and European market and look forward to Chinese Govt grumble of "unfair competition".

    On that note, let me address the curious poster. Here's some basic steps retail don't appear to appreciate why share price drops post a capital raise before rising again:
    - Borrow money at 5% interest or lower
    - Purchase at market shares
    - Watch market value appreciation/unlocked
    - Participate/bid at capital raise
    - Sell market-obtained shares and use profit to fund bid at capital raise
    - "rinse repeat" as they say these days

    Guess where we are today.

    You may not see us "little ones" spread across media but pretty sure you've heard the big billionaires doing the same.

    Same old tricks, works every time given an economically sound project. Big Sandy wasn't it due to bureaucratic risks. Prairie Lithium (the company now acquired) was/is the winning hand.

    Good luck to China getting things out of Africa! You think we're unaware and haven't tried? Europeans have tried many times, even us Aussies. Simandou in particular is quite the wait.

    The one to watch is not Africa. It's South America. Brazil in particular is quite a story right now... in case you haven't heard. Lighting speed in mining terms, cheap and better environment even compared to Australia.
    Last edited by BRProject: 02/02/24
 
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