AZL General Discussion, page-24543

The Koch Li-pro DLE unit is being built and will be ready in October. Zach said the following in the webinar:

6:44 You know in addition to that we're
6:45 obviously working very closely with a
6:47 lot of the again the government uh
6:49 agencies There's a lot of uh potential
6:52 funding opportunities available for
6:54 critical minerals here in North America
6:56 And you know we're working diligently to
6:59 try and find uh places where our project
7:01 can align with some of the mandates that
7:03 some of these uh agencies have So
7:05 there's a lot of work in motion uh a lot
7:08 of uh fabrication a lot of
7:10 infrastructure and utilities work in
7:12 motion Um and yeah looking uh looking
7:14 forward to continue to develop the
7:16 project and definitely a busy year ahead

But from Paul:

7:56 and we're very confident the the winter
7:58 will thaw and we'll be back to uh a more
8:01 reasonable commodity price We need to
8:03 wait that period of time out So we will
8:06 advance the prairie project We will
8:10 build the coke facility and we'll
8:12 advance that facility uh as and when
8:14 funds become available So we have to
8:17 meet the market and funds are very
8:19 difficult to come by at the present time
8:22 We see that that will uh will change
8:24 Don't know exactly when that will be but
8:26 it will be where lithium comes back into
8:29 favor and we'll be raising funds We will
8:32 accelerate the development at that stage
8:34 but we will not let the company's cash
8:36 reserves run down to a point where we
8:38 are vulnerable So uh the risk associated
8:42 with the prairie project is really from
8:44 a funding point of view There's a lot of
8:46 uh opportunities with strategic partners
8:49 offtake agreements uh Zach mentioned
8:52 government assistance etc So it's not
8:55 just purely an equity raising and uh
8:57 we've got a lot of balls in the air in
8:59 regards to that that the funding but we
9:02 will safeguard the long-term survival of
9:05 the company first and foremost

That sounds like Paul is happy to wait out a winter or two while the Board of Dogs accumulate 145 million shares a year for two projects that will be parked. Paul never loses - summer, winter, high price, low price.

IMO there's enough cash reserve to sit on their hands for 2-3 years with the projects idling, and that seems like a possible if not likely scenario.

As we are heading towards Q3 I wonder what happened to the Prairie resource upgrade that was due in Q1?