HZR 0.85% 29.3¢ hazer group limited

Ann: Hazer Signs Heads of Agreement with Mineral Resources, page-13

  1. 5,245 Posts.
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    Haha, yes - that would have been the announcement of a lifetime.

    It was very likely to be MMI....all in all a good progress, considering we don't know what % the royalties will be set at. The move by MMI to only acquire the G processing rights, confirmes my thinking that too much headstart has been gained by Li-Batteries and the announcement by almost all Car Manufactures that they are backing EV's.

    At least this will bring some financial relive to HZR as MMI will fund the 1,000tpa plant, the trade off is a lot less potential income for HZR.

    Still good potential, but just shows how long all these things take, compared to how long us investors would like it to take.

    All IMO
 
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