AZL 0.00% 2.2¢ arizona lithium limited

Looking at the PFS It appears most of the capital cost is...

  1. 1,067 Posts.
    lightbulb Created with Sketch. 603
    Looking at the PFS It appears most of the capital cost is getting the brine to surface. Which would make EMP's higher grade project look a bit more attractive.

    Resource comparison
    AZL: 6.3 Mt @ 106 mg/L (including 3.4 Mt @ 127mg/L and higher grade zone 600 kt @ 159 mg/L)
    EMP: 1.15 Mt @ 143 mg/L (including higher grade zone 500 kt @ 198 mg/L)

    But the pilot plant (both ILiAD) results tell a different story

    Pilot Plant results
    AZL: Feed 96 mg/L -> concentrated eluent 1223 mg/L (13 x concentration)
    EMP: Feed 190 mg/L -> concentrated eluent 1430 mg/L (7.5 x concentration)

    https://resourceworld.com/emp-lithium-test-results-exceed-expectations-ceo-says/

    I wonder why such a disparity in results?

    EMP Metals, like AZL plan to "ship the highly concentrated eluent to a third party for refinement into battery grade lithium carbonate"

    Good short video on the EMP project with relevance to other SK players.

    https://www.youtube.com/watch?v=jtKWCLAuTmY
 
watchlist Created with Sketch. Add AZL (ASX) to my watchlist
(20min delay)
Last
2.2¢
Change
0.000(0.00%)
Mkt cap ! $98.42M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 25000 4.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 50000 1
View Market Depth
Last trade - 16.16pm 07/06/2024 (20 minute delay) ?
AZL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.