Alacran drilling, page-30

I honestly cannot see anything other than substantial equity dilution for this stock in the short to medium term

The risk is all to the downside. What’s realistically going to happen to cause a positive re-rate? Teck hits Alacran motherlode? Zn price moonshots? Possible I suppose, but neither likely.

Most likely outcome is accelerated shareprice loss. Can’t bear to sell at 18.5c? Well, AZS can/will drop further when this technical support finally crumbles and CR fears enter the frame