AZL 5.00% 1.9¢ arizona lithium limited

AZL General Discussion, page-9112

  1. 775 Posts.
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    well a few more weeks till tax time and people selling for CGT liabilities.
    like usual what looks like a bloodbath on shares the last few weeks will rebound july 1st.
    there a lot of shares that oversold & we one of them.
    if i had the spare cash id top up on a few.
    on fundamentals there nothing wrong with AZL just delay with BLM approval that sadly we have no control over.
    not sure how much we spent in last qtr but with CR & cash from last qtr we had about $53 million AU & nearly $1 million AU in options that were converted & then you factor in $1million USD grant.
    so plenty of cash just waiting for green light from BLM.
    lithium prices still strong...demand for EV's exceed supply.
    fundamentals all there

 
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