Is AZS’s New Lithium Discovery Worth $1 Billion Already?

Today we touch base with Matty who is flying out to the east coast this afternoon to represent the Money of Mine team in true fashion.

The mining news that caught our eye today includes: Navarre (NML.asx) entering voluntary administration; Leo Lithium (LLL.asx) and Latin Resources (LRS.asx) increasing their Lithium Mineral Resources while Regis (RRL.asx) depleting their Gold Mineral Resource; Talga (TLG.asx) get closer to developing Vittangi; BCI Minerals (BCI.asx) update costs and timing for Mardie; and Azure (AZS.asx) roll out more assays for their Andover Lithium Project which some brokers are ascribing a billion dollar valuation to already.

All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may not eventuate. The co-hosts are not financial advisers and any views expressed are their opinion only. Please do your own research before making any investment decision or alternatively seek advice from a registered financial professional.

Join our exclusive Facebook Group for the Money Miners and request access to the Hooteroo chat group.

Follow Money of Mine on YouTube

Follow Money of Mine on Twitter

Follow Money of Mine on LinkedIn

Follow Money of Mine on Instagram

Chapters:

(0:00) Video Preview

(0:32) Update from Matty

(4:17) Introduction

(5:39) NML enters voluntary administration

(9:25) Leo Lithium with a top 5 Resource

(14:15) LRS upgrade their Lithium Resource

(15:53) Talga edges closer to development

(18:53) Regis’ Reserves are Falling

(21:19) BCI updates Project Economics

(24:46) Valuing Azure (AZS) with a few more intercepts

(35:45) Wrap-Up