HZR 0.78% 32.3¢ hazer group limited

Ann: Appendix 4C - quarterly, page-9

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    " Expenditure is expected to be substantially lower in upcoming quarters as a result of lower staff costs, a focused 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. "


    probably 3 quarters so a raise around Q1 wont surprise me.
 
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