AZL arizona lithium limited

AZL General Discussion, page-24650

  1. 1,089 Posts.
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    Quarterly Report just gone, page 4
    "there is no certainty that they will prove to be correct or that the range of outcomes indicated by the Proof of Concept Plan will be achieved. To achieve the outcomes indicated in the Proof of Concept Plan, funding in the order of AUD35m will likely be required. Investors should note that there is no certainty that the company will be able to raise that amount of funding when needed."
    see above
    AZL has already announced that the DLE system is not a guarantee of end product, and to achieve this trial they will require roughly AUD35m, which they also state they may not be able to raise.
 
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