Drilling, extracting and depositing brine was a regular practice with known costs in Saskatchewan. Anyone can now claim one of those played-out holes, sign up with a chemical company and buy a pump. Takes about $7 million capital to start, not the $80 million that AZL squandered. The value of what is produced is a known quantity also. If the selling price is only US $12,000 a ton, it's guaranteed that the more you churn out, the less cash you have. Tell people it will sell for $21,000, though, and some of them will believe you. Some people will believe anything. Which reminds me, whatever happened to BSPumper?
- Forums
- ASX - By Stock
- AZL
- AZL General Discussion
AZL General Discussion, page-20857
-
- There are more pages in this discussion • 1,738 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AZL (ASX) to my watchlist
|
|||||
Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $73.81M |
Open | High | Low | Value | Volume |
1.6¢ | 1.7¢ | 1.6¢ | $40.08K | 2.492M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 113867 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 2230233 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 113867 | 0.016 |
35 | 27446521 | 0.015 |
25 | 5975338 | 0.014 |
9 | 4725256 | 0.013 |
8 | 2845000 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 2230233 | 13 |
0.018 | 2431655 | 9 |
0.019 | 2123617 | 10 |
0.020 | 2752500 | 13 |
0.021 | 1848874 | 7 |
Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
Featured News
AZL (ASX) Chart |