Hazer has $6m in the bank. It also stands to receive $11m by the end of 2018 through the exercise of various options.
$17m at a cash burn of $1.5m is enough cash for 12 revenue-less quarters, or 3 years (end of 2020). There are shares to be exercised in 2019 too.
Once we have the MIN deal signed, and confirmation the PPP works, Hazer is such a safe bet.
NO capital raising required, low cost business model, 100B hydrogen market, and 30B graphite market, you do the math.
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Ann: Appendix 4C - quarterly, page-17
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Last
30.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $71.46M |
Open | High | Low | Value | Volume |
30.5¢ | 31.5¢ | 30.3¢ | $365.4K | 1.191M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 73091 | 30.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.0¢ | 326930 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 0.320 |
2 | 83091 | 0.305 |
22 | 284210 | 0.300 |
11 | 126421 | 0.295 |
18 | 137045 | 0.290 |
Price($) | Vol. | No. |
---|---|---|
0.295 | 15000 | 1 |
0.310 | 326930 | 9 |
0.315 | 98190 | 4 |
0.320 | 50000 | 2 |
0.330 | 58153 | 6 |
Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
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RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
SPONSORED BY The Market Online