I believe AZL has the potential to be a $5b MC or more.With AZLs market cap at about $400m or 0.20c per share it just seems ridiculously cheap to me. After BLM approval, and DFS of only our current land holdings of 320,000T/LCE, I don't see why our market cap won't be less than $3b. The reasons I believe this is simple. Lithium is a very needed commodity in this EV era. And America needs as much as they can get their hands on.
Now, think of our current land holding of the 320k T/ LCE. Which is just a mere 4% of the land. It's clear as day that there is much more there. But how much more?I'm willing to bet at least 10x.If we drill 50% of the land and find the same amount of lithium throughout as what was found in the 4% that will be 4,000,000T/LCE. And at current lithium prices of 72,000aud, that would be a total value of $288b.I'm not so optimistic to believe we will have such luck but I do believe if we drill 100% of the land, we will have atleast a couple million tons of LCE, if not more. And what could our MC be then? $10b? $20b? That's $5.5 and $11 p/s respectively.Lordsburg is completely unfactored into my speculation here. And that's all this is. Speculation. And this is all imo. Dyor and all that. This post is just my view on AZL and the ultimate potential. Food for thought, I guess. Not upramping here. I bought all my share back in hwk days and will hold for a while.
GL and congratulations to all holders.
- Forums
- ASX - By Stock
- AZL General Discussion
I believe AZL has the potential to be a $5b MC or more.With AZLs...
-
-
- There are more pages in this discussion • 18,621 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AZL (ASX) to my watchlist
|
|||||
Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.10M |
Open | High | Low | Value | Volume |
1.5¢ | 1.6¢ | 1.5¢ | $77.65K | 5.178M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 1746383 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 3897432 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 1746383 | 0.015 |
40 | 9528637 | 0.014 |
18 | 4949282 | 0.013 |
9 | 3062567 | 0.012 |
10 | 5657090 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 3897432 | 22 |
0.017 | 1437470 | 12 |
0.018 | 1540240 | 10 |
0.019 | 1824989 | 6 |
0.020 | 2537025 | 10 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
Featured News
AZL (ASX) Chart |