While the preso slide still had commercial readiness target at year end, I was surprised and disappointed there was no discussion about that target, especially after they've been harping on about it all year.
We have the Mk II reactor being installed next year, and expected to be up and running by Q3 CY 2025. I'm now wondering if we'll just get technical readiness from the Mk I test program, and commercial readiness will require a successful test program with the Mk II reactor ?
It's interesting to see Euroz sniffing around now, with recent initiation coverage and updates. I suspect they're gearing up for another cash injection to see them through the MK II installation and test program to year end 2025.
HZR Price at posting:
38.0¢ Sentiment: None Disclosure: Held
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