Yes, am aware @Magic2000. But the lion’s share of those earnings...

Yes, am aware @Magic2000. But the lion’s share of those earnings comes from AZL thanks to their "loyal shareholders". Look at the other associated companies annual reports from 2022, total remuneration (including cash and share based compensation) –

Diablo Resources (DBO)
Lloyd: $43,192
Egerton-Warburton: $28,889

Pantera Minerals (PFE)
Lloyd: N/A
Egerton-Warburton: $90,516

Lord Resources (LRD)
Lloyd: $118,598
Egerton-Warburton: $183,764

Arizona Lithium (AZL)
Lloyd: $3,604,674 ($300K cash, the rest all SBC)
Egerton-Warburton: $2,568,134 ($84K cash, the rest all SBC)

Now look at what sort of shareholder returns have eventuated from each company. Or I can do it for you, which is pretty quick and easy because three of the above companies were recent IPO's:

• Pantera listed in August 2021 at 20c and is now 7.2c ($3.7M market cap)
• Diablo listed in October 2021 at 20c and is now 4.5c ($3.4M market cap)
• Lord listed in April 2022 at 20c and is now 10c ($3.7M market cap)

Perhaps now you can see why I and others find AZL such an interesting company to follow...! Cheers