AZL 6.67% 1.6¢ arizona lithium limited

notice received, page-5

  1. 2,239 Posts.
    Pretty obvious that all these contracts that they are "alledgedly" getting are not being converted to significant dollars in the bank account. People who watch from the sidelines without a vested or emotional interest can see that ZYL is a long way from the dizzy heights that some are predicting.

    $1mill order book for the coming year is not significant considering that they have just collected $2.8mill revenue for 2008 - I would have expected it to be much higher.

    $2.8mill in revenue cost them about $2.4mill to get so I guess based on very crude guess, they would need a minimum of $5mill in revenue to breakeven - and they have $1mill in forward orders - a long way to go yet.

    I also think that the update was pathetic and the shareholders deserve more than that. I'll keep watching with interest as if they are able to become profitable I'll happy to possibly buy in. Their low market cap. and small amount of shares make them attractive if/when they get some profit.
 
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1.6¢
Change
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Mkt cap ! $71.58M
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1.6¢ 1.6¢ 1.5¢ $26.17K 1.741M

Buyers (Bids)

No. Vol. Price($)
16 4858431 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 8775112 29
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