AZL 0.00% 1.6¢ arizona lithium limited

AZL General Discussion, page-20221

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    Merci beaucoup

    There are many different grants, local and federal. The best of all are tax incentives, which Prairie project qualifies for. Essentially we don't pay tax on top of getting financial contribution from tax payers to fund capex to get us to production, and quickly for royalties to kick in. It's a win/win.

    The Board knows all of this. Zach in particular knows how to scrape the barrel for every dollar to get the project where it is today. They'll be aiming for least cost possible and maximising profit margin, which is what you'd want for executive team.

    What I'd suggest to Jess, reach out to the company and inquire what are the Govt grants they apply for.

    How this usually works is you schedule a meeting and speak with a Govt official or two. To cut the story short, you show them what you have and how it could benefit them and the country.. they'll ask what do you need... and then you tell them you need, say $100M. They tell you ok I can't help you with that but you can look into a, b, c etc and my office can help with your applications. The company goes away and follow recommendation, then you get funding.
 
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