HAZ 0.00% 4.0¢ hazelwood resources ltd

Ann: Suspension from Official Quotation , page-42

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  1. 596 Posts.
    The liner is actually tungsten metal which is produced during the first fill. Brick work against which the liner is formed is already in place.

    First fill should have been completed in June 2011!

    According to the activities report of June 2011 first fill will cost US$3.6 million. When one adds additional running costs including directors salaries!!!! the amount that needs to be raised is an awful lot. Note that this is a company (Which I assume) has no cash in the bank!
 
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