What BRP is telling you guys is that AZL can spin off Prairie,...

What BRP is telling you guys is that AZL can spin off Prairie, much the same way that HWK spun off AZL. In that case, the dregs were DBO, which hasn’t suffered as much since the split. In this case, the dregs would be Big Sandy, along with Lordsburg as long as they forget to edit it out of promotional materials. US corporations do that all the time too; for example, look at LAC, since its split of Thacker Pass, kept by the Canadians, and South America, controlled by the Chinese.

This might be a good idea for AZL managers, who will always welcome another salary from another company while doing the same amount of work. But who will pay $50,000 monthly rent on the Tempe warehouse? Prairie profits, or at least Prairie prospects in a CR, are needed for that.

Meanwhile, Prairie is a year behind E3 on an actual pilot plant. But, you ask, doesn’t Prairie have a higher lithium concentration? Yes, I answer, but if that is so important, then buy SLI with three times the concentration, a US$500 million market cap, and a NYSE listing. And you can argue that then, Prairie must be worth a third of that. The problem is that you are so imprinted on one collection of holes with brine available, that you refuse to compare it to others.