Well, Lets put SYA in perspective with 1000M MC. They are almost producer. So we can safely say, Scoping study+PFS+DFS+decision to mine stages are completed for SYA.
Now comparing AZL for me is slightly different. We are still in drilling phase at untouched 96% of the tenement+We have large Li reserve+ (((((We are located in US near battery hub/EVs manufacturing units)))).
Therefore, we have to give more value in a different way to AZL. I believe anything between 300M to 400M MC is a fair call as a forecast , also pointed out by Magic. That would be approx *3. We have far more potential compared to many other Li stocks purely due to our location, offtake/funding with EV giants are highly on cards. This CR is also bringing instos in. Exciting time ahead. I am not selling a single share of this stock. GLTASHs.
AZL General Discussion, page-791
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Last
1.5¢ |
Change
0.001(7.14%) |
Mkt cap ! $67.10M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.5¢ | 1.4¢ | $12.25K | 875.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 5388847 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 2646681 | 16 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| AZL (ASX) Chart |