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?
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1.9¢ |
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Mkt cap ! $85.00M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
18 | 2337244 | 1.9¢ |
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Price($) | Vol. | No. |
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2.0¢ | 557755 | 5 |
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No. | Vol. | Price($) |
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16 | 1784612 | 0.019 |
27 | 4874793 | 0.018 |
24 | 5228231 | 0.017 |
21 | 5921412 | 0.016 |
21 | 6109388 | 0.015 |
Price($) | Vol. | No. |
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0.020 | 557755 | 5 |
0.021 | 1138846 | 5 |
0.022 | 7683947 | 11 |
0.023 | 10063683 | 9 |
0.024 | 4303250 | 14 |
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