"(AZA market cap now $437 million with their equity in NXS now...

"(AZA market cap now $437 million with their equity in NXS now worth $122 million .

Take out the NXS stake and we are left with a Market Cap of $315 million including cash .)"

Bello, how can that be.

If BPT sold 10% of the basker project for $123millions, before the Basker 6 results, the 40% that AZA hold, would have to be worth at the very least 4 times that.

That is $492millions , without taking in consideration the cash on hand they have and, the shares in NXS that they do hold.

For me, it does not add up and, IMO, AZA is way way undervalued.

Buddy