Yeah thats quite disappointing. The takeaway is that it was a material issue and not the process technology. The Canadian project seems to be going ok but apart from those two things I feel like the new CEO has inherited an absolute mess. Santoro gone and GW gone. Its a shame HZR are stalled for the next while.
Only thing I can think that will move this before the reactor turns up is an FID on the Burrard project. Otherwise I think it's a long slow drift down the creek for a while.
HZR Price at posting:
55.0¢ Sentiment: Hold Disclosure: Held
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