Fred i dont wish AZZ any harm as stated previously im watching with interest as a previous holder and as someone who reccomended it to my father who still holds it. So i dont wish it any harm. But i am very interested in it and honest discussion, rather then just pumping and then some poor niave sole gets caught with the highest bundle.
Yes i think $1500 is a bit rediculous. Wasnt me who said that, but by the same token, and i hope im wrong, $12000 is just as rediculous on a net acre pricing. I genuinely think $6 low case, $8 upper case, and id be surpirsed, but it may be possible at a long stretch to get $10K per net acre.
Having said that if oil keeps heading north $10K becomes slightly possible at $90+ imo.
I really do genuinely hope im wrong for my dads sake and for yours. But thats how i see it.
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