What Brp is saying is that it doesn’t take much money to start Prairie production from one or two wells, and that would bring in enough cash to keep the lights on and pay the insiders. Also, outsiders might notice and want to invest. I completely agree with that. The problem is that the Saskatchewan brine may not be quite as diluted as elsewhere in Canada, but AZL stock is afflicted with major dilution. A new investor is just going to make an offer for the entire company, maybe for twice the current price, and a few retail investors aren’t going to stop it from being claimed for 3 cents a share. The directors, with their free “performance” equity, will still walk away wealthy, perhaps with long-term consulting agreements. Big Sandy will be forgotten, and the Tempe lease will eventually expire.
Go ahead and attack now. But while you sing the praises of Maurer, at least start spelling his name correctly.
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