AZL 6.25% 1.7¢ arizona lithium limited

2022: 50 million cash, BLM approval imminent, Lordsburg...

  1. 1,132 Posts.
    lightbulb Created with Sketch. 661
    2022: 50 million cash, BLM approval imminent, Lordsburg parked
    ATH - SP 26.5c / Market Cap $550 million

    2024: 20 million cash, BLM approved, Lordsburg Parked, +Prairie Lithium (large resource, scalable low cost producer in best location and no red tape, production 2025)
    Current - SP 2.4c / Market Cap $118 million

    Which puts the SP at 11.1 c for the previous all time high 550 market cap (not accounting for further dilution)

    A SP dilution factor of 2.38 x since ATH.

    IMO the addition of Prairie alone is worth 2.38 x dilution. Then you get the partnership with NTEC which is a red tape free carry over to production where dilution is already accounted for. Plus the value of the LRC.
 
watchlist Created with Sketch. Add AZL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.