Man this is starting to become more like LTR with another holder...

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FD20

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06/08/23

19:22

Post #: 69187878
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Originally posted by petrovski: ↑

Thanks so much for your civil reply. Much appreciated. I’m a long term holder of another lithium share and I’m just curious as it took about 2 years to go from 0.25 to $2.76 and here this goes from 0.25 to $2.77 in six months, also lots of claims about where it will go by year end etc and I have also been told market cap is what matters. For me if I invest $50k and go to 2.77 in 6 months I’d prefer that over 2 years, so what am I missing. Ok fewer shares, but why is that bad, if the register is tightly held? What also could happen here is an off taker could fund the build, via a loan, meaning minimal dilution, so what am I missing.? The way I have read this market, prices will be high for the next few years then as more explorers move to produce I expect prices to come down, so timing is important. Anyway, I hope what I’m asking makes sense? All my opinion not advice, I know nothing.

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Man this is starting to become more like LTR with another holder making it over to AZS.

LTR hasn’t produced a single tonne of lithium and is valued north of $6b.

AZS has just started its resource discovery and by most accounts is already north of 100Mt. It’s valued at $1.6b (100%).

Simple back of the envelope calcs says AZS has considerable upswing of at least $3b minimum.

So never too late to join the party.

What I love about holding both LTR and AZS is LTR will soon be paying out dividends (late 2024-early 2025) allowing a nice overlap with AZS path to mining.

AZS Price at posting: $2.66 Sentiment: Buy Disclosure: Held
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Man this is starting to become more like LTR with another holder...

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