so what are we actually waiting for now?, page-9

Okay I have been doing a quick read up on AZZ. Can someone correct me on what I understand from what is currently happening.

1. AZZ's market cap is currently at $112 million
2. AZZ's cash balance is currently at $136 million (thus more than the market cap)
3. AZZ is currently returning value to the company shareholders by planning on buying 10% of the issued capital over 12 months.
4. AZZ currently has a remaining interest in the eagleford shale assets which it is free carried for over 110 wells. I would like to know do they keep the same Revenue interest as they originally had? And so they get to keep their RI in the Donnel 457 well that is producing over 1000 BOPD?
5. AZZ currently has a producing asset in Oyster Creek that has netted over 300,000 BOE since being produced and are in the harrison 2 well have the option at fraccing and producing the Anomolina B sand. Furthermore, AZZ continue to expand the drilling program by drilling a Harrison 3 well.
6. AZZ are in the market at purchasing a Proven and undeveloped feild with extremely high 1P reserves in a well know feild and plan to have this acquisition done within this quarter.
7. AZZ plan to become one of the top 10 O&G companies on the ASX and have more cash than the current number 7 and a lower market cap than the number 10 company.

Is the market stupid or is this just me who can see that this stock is going places and is massively undervalued. Any AZZ experts out there please fill me more in on my number 4 point above.

Cheers.