AZL General Discussion, page-5437

People who have been here since around 2 years know that the SP has moved up and down quite a bit:

1c to 3c back to 0.9c then to 2.5c. Then to 6.5c back to 2.2c then to 7c to 20c, down to 8.5c, now back to around 14c.

What I am focusing on is.... its around 14X what it was 2 years back. It goes down to half, but then quadruples.

Patience is the key.. if you dont have to sell due to money requirements, then it pays to hold the shares.

I learnt a lesson, I sold 1.5 million shares at 2.8c a few months back, then it shot up to 20c.

BLM bad news will halve teh SP if bad, good news could push it past 30c. But as we posted above, we already have around $8 profit per share from our existing 320,000t resource. So I would not worry there.

A GFC would kill the SP for 6 months, then rebound.

Overall, if you want a super money bagger you need patience and risk taking ability.

GLTAH