HZR 1.54% 32.0¢ hazer group limited

Ann: CDP SCHEDULE DELAY, page-9

  1. 3,886 Posts.
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    "Construction of the hot-wall reactor vessel materials is near completion at the mill in China, and delivery of the
    vessel materials to Australia for final fabrication and finishing is expected to occur in the third quarter of this
    year. This schedule remains subject to some uncertainty due to the current congested shipping and freight
    situation around the Shanghai area

    The high-temperature heat-exchanger is being fabricated in Australia. This was scheduled for completion in
    July; however, the heat-exchanger vessel suffered a critical failure during the heat-treatment process."

    I thought the failure occurred in China - but this update indicates that the heat exchanger was the part that failed.... fabricated in Oz.

    otherwise I find this update useful in terms of time lost and not new news... can't see why it would tank today
    Last edited by baldynumbers: 21/07/22
 
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