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 General Discussion
Drilling, extracting and depositing brine was a regular practice...
-
- There are more pages in this discussion • 2,087 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
1.5¢ |
Change
0.001(7.14%) |
Mkt cap ! $67.10M |
Open | High | Low | Value | Volume |
1.4¢ | 1.5¢ | 1.4¢ | $23.79K | 1.638M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 5060258 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 2542833 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
32 | 5060258 | 0.014 |
20 | 5549282 | 0.013 |
9 | 3062567 | 0.012 |
12 | 6737090 | 0.011 |
14 | 5475001 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 2542833 | 18 |
0.016 | 9406331 | 22 |
0.017 | 1222430 | 12 |
0.018 | 2976990 | 11 |
0.019 | 1604989 | 5 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
Featured News
AZL (ASX) Chart |