Pure Cycle Corporation (NASDAQ:PCYO) Q4 2022 Earnings Call Transcript

Mark Harding: Well, thank you. The nice thing about it is you don’t say — we don’t — you know our personality. We don’t really take bell lapse here. At the end of the day, I think what you’ve seen, and I think what everybody is really catching up on is kind of the discipline that the Board and management have on kind of continuing to do the right things, test the market, reinvest in those things that are working, modify those things that need some modification. And so we’re very thrilled to have this kind of liquidity moving into what will be an interesting market. I don’t think that there — this overall interest rate market is recalibration more than it is anything else. We’ve got macroeconomic indicators that are much different than maybe what we saw in 2007. But more than anything, we have the ability to — we have strength going into it. And so we’re thrilled. If this presents an opportunity for us, you’re going to see us take advantage of.

Elliot Knight: I have seen you take advantage of things in the past. I have every confidence, Mark, that you’re going to do it and you just keep up the good work.

Mark Harding: That’s on the back like that keep me going.

Operator: Thank you. First, at this time, there appear to be no further questions in queue. So I will hand it back to Mr. Harding for any closing comments you may have.

Mark Harding: Terrific. Well, I’d like to again thank you all for your continued support to the extent that you didn’t get an opportunity to bring in on a technical challenge, please don’t hesitate to give me a call. I’d be happy to drill down on any of the specifics and continue to stay tuned. We have some exciting things that we’re working on, and we’ll look forward to executing and bringing those to increasing the value for all of our shareholders. So with that, I’ll sign off, and thank you all.

Operator: Thank you, ladies and gentlemen. This does conclude today’s conference call. You may disconnect your lines at this time, and have a wonderful day. We thank you for your participation.

Mark Harding: Thanks, Ali.