They burn around $1m/mth $12m/year so yeah, there's a CR or two per year for the next couple of years at least, and a continuous roadshow to keep up the interest in the stock.
I think they'd want to maintain around minimum $5m unrestricted cash so that puts the timing for the next CR in Q1 or Q2 CY 2025, imo.
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Last
37.5¢ |
Change
-0.010(2.60%) |
Mkt cap ! $98.16M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 38.5¢ | 37.0¢ | $62.93K | 166.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 670 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 91807 | 4 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| HZR (ASX) Chart |