Ann: Investor Webinar Presentation, page-121

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LargusAverta

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29/07/24

22:51

Post #: 74971222
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Originally posted by Supz187: ↑

If you take away his personal agenda and his mythical figure for a $50MC, alot of the other things which Bulldust says is very correct. Its hard to attract investors to a company that burns $1.5M per month with no significant revenue for the next few years. Paid engineering services and sales from the CDP Graphite are more like token wins and to save face. In addition to that, the agreements in place with other companies have no contractual obligations and are more relationship building exercises (at this stage).

I truly hope shareholders don't quickly forget the deceitful manner which the Cap raise was done earlier this year. The timing being pre-planned ruined any momentum which the Share price had and negated attracting any new interest from the market. GC did little to address shareholder returns in the latest webinar other than admitting it was at a 52 week low and that they believed it was extremely undervalued. If that was the case, why aren't directors buying on the market?

Cant see anything turning this around in the short term other than maybe a strategic partner investment or a surge in interest on a macro level in hydrogen/turquoise hydrogen.

Expand

$1.5M/Month?
Really?

"As of 30 June 2024, the Company had available funds of $12.8 million. During the Quarter, Hazer had net operating cash outflows of $5.1 million. Cash outflows in this Quarter reflect costs associated with operating the CDP, routine staff and corporate expenditure (of which $1.2 million was non-recurring). Expenditure is expected to be substantially lower in upcoming quarters as a result of lower staff costs, a focussed R&D program and the completion of the next generation reactor.

Cash used for investing activities for the Quarter of $1.0 million due to the final fabrication of Hazer’s next generation reactor to support the future commercial scale-up program. These costs are non-recurring and expected to be eligible for R&D tax incentive rebates."

Read the bold.

HZR Price at posting: 34.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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