That’s quite a compliment, suggesting that I can manipulate the share price simply by posting a few facts that His Imminence has considered too insignificant to disclose. It doesn’t reflect too well on the intelligence of AZL investors, though.
Let me remind you that Phase 1 and Phase 2 did not require an environmental assessment because they disturbed less than 5 acres. So, one tenth of one percent of the total 5,000. Since BLM only considers the immediate area around the drill hole – about 280 square meters – the amount of the claim already explored was actually about 4% of the total. And now, half the holes they want to drill are also in the same 4% area. Because the other 96% is likely just low-quality grazing land.
The devil is in the details, as LAC with its US $666 million market cap will attest. That’s about nine times the market cap of AZL. So, let’s manipulate the AZL share price back up to 20 cents AUD. Just to make it equal to another clay deposit, reportedly close to production. Although, there is no brine at Thacker Pass. And they’re not renting a lithium lab for US $50,000 a month.
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.10M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.4¢ | $184.5K | 13.12M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 2362367 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 2594230 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 2362367 | 0.014 |
21 | 8501884 | 0.013 |
17 | 7064117 | 0.012 |
9 | 4586000 | 0.011 |
13 | 5466000 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 2594230 | 13 |
0.016 | 7915361 | 13 |
0.017 | 5184021 | 17 |
0.018 | 2657038 | 16 |
0.019 | 3907068 | 12 |
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