I am not surprised by the low cash burn but it is the item below that will require cash and I doubt that 4mil will be sufficient by years end to build such a plant. The question will be when they plan to kick things off and how they will get the cash. Will they simply hit up sophisticated investors or go for an SPP.
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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 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| HZR (ASX) Chart |