The latest AZL preso shows a geothermal plant in Lordsburg, New Mexico. I suspect they're going to try to pivot the business towards geothermal brine processing (a la Vulcan Energy, ASX: VUL). Its really strange as they say they're nearby to EV manufacturers (one of which is Nikola which is vaporware) and then the first 'EV Manufacturer' on the list is a Geothermal Power Plant...
Re: Vulcan, the technology is unproven on any form of scale.
Plus the capital structure of AZL is disgraceful.
JRL - sitting duck for TESLA to buy??, page-18
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