Since switching from hawk to azl our SP has declined 66%!!!...

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Jess64

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25/02/25

15:35

Post #: 78017632
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Originally posted by GoSpaceMan: ↑

There's got to be something good cooking in the background...

On the surface it looks like high cash burn, low cash balance, and no finance.

They could have played this conservatively by not drilling on well pad 2 and 3 last year so they could save 7-10 million dollars and focus entirely on pad 1. Especially considering a single well on pad 1 can bring 828 tonnes of LCE to surface.

The discussion with the interested parties could be contingent on well pad 2 and 3 performing near or as good as pad 1. Hence Paulo riding the cash by the skin of his balls. The tapping of only 1.3 million from the ATM could be a sign that they think an agreement is close to being finalised.

Still no proper announcement for the drill results 3 months after completions. That's a lot of brine analyzing.

All IMO.

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Since switching from hawk to azl our SP has declined 66%!!! Whilst our guru leader has amassed almost 100 mill shares!!! Performance right’s are not applicable imo!!! Give it back is optional although will be well received!!!

AZL Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
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Last 0.8¢		Change -0.001(11.1%)		Mkt cap ! $43.04M

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Price($)	Vol.	No.
0.008	3098227	10
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Since switching from hawk to azl our SP has declined 66%!!!...

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

ASX Market Close: New week sees local bourse snaps 2-day losing streak | July 28

Monday's HotCopper trends: Boss guidance, Botanix quarterly | July 28

Clarity confidence – and share price – up on bumper $203M institutional placement

Boss tanks -42% after quietly flagging 'potential challenges' for Honeymoon

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Since switching from hawk to azl our SP has declined 66%!!!...

Top Stories

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

ASX Market Close: New week sees local bourse snaps 2-day losing streak | July 28

Monday's HotCopper trends: Boss guidance, Botanix quarterly | July 28

Clarity confidence – and share price – up on bumper $203M institutional placement

Boss tanks -42% after quietly flagging 'potential challenges' for Honeymoon

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