There was never any smoke and mirrors about their cash position so not sure what your point is. Nor is there any money for anyone without a sale of the assets. They have 4.3m BBEP shares which could be sold to provide working capital and maintain the leases while they continue to market the assets. Wade Energy Corp is the name of the Private Equity company, happy now? And how has that worked out for you . What will you now do with this prized information I wonder.
AZZ Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held