AZS 0.00% $3.69 azure minerals limited

News: AZS Mineral Resources to sell stake in lithium developer Azure, page-22

  1. 1,728 Posts.
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    "At the very least the SP will have to be upgraded to take into account recent discoveries. The problem is the recent discoveries dont tell the entire story across the whole PROVINCE"

    I think that is only fair and reasonable.
    But the elephant in the room for us is the current very very low Lithium price.
    The Independent Valuer will no doubt be looking at the current Lithium price when he assesses his "not fair but reasonable" valuation.
    He wont be considering the fact that 90% of analysts think that the price of Lithium will be multiples of the present price when this project goes into production.
    The huge potential of this project is still there for those willing to look past the current Lithium price, unfortunately the average punter can only see the current price and other Lithium plays being smashed.
    Hoping there is still a really big player out there looking at this.
    Every drill result to date has been on the money.
    We must be due for more drill results SOON
 
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