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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Last
30.5¢ |
Change
-0.055(15.3%) |
Mkt cap ! $70.31M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.0¢ | 30.0¢ | $540.7K | 1.742M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2486 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 361263 | 11 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| HZR (ASX) Chart |