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
31.5¢ |
Change
0.010(3.28%) |
Mkt cap ! $71.46M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.5¢ | 30.5¢ | $231.8K | 755.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 107380 | 4 |
View Market Depth
| Last trade - 11.25am 17/06/2025 (20 minute delay) ? |
| HZR (ASX) Chart |