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33.3¢ hazer group limited

i think they said it costs about $1m / month to run the CDP and...

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WardyIV

26 Posts.

4

10/05/24

21:56

Post #: 73772223
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Originally posted by Whatsamadoovie: ↑

hey Sewel, it's been a while...

I saw the announcement from here and my first thought was.. it's about bloody time. With GW never able to close a deal and never wanting royalty agreements, why would anyone want to deal with hazer.

it's great that someone else is building the scale up plant and picking up the tab for the costs.. that should prove hazer at scale and hopefully for the tech and all holders open up the floodgates for orders.

BUT and there is a big but.

they will still need to fund the time frame for the build and even with a royalty, will they cover costs. As you well know and most others would also, the management team don't hold back with their paycheques. covering staff wages would be a few mil per year, and if the CDP is anything to go by, build time could well be over 12 to 24 months. Does that mean that shareholders end up picking up the tab for the running costs of the board and associates staff.

Full disclosure. I haven't done my due diligence in looking up hazer's current financial situation, and don't know what hazer is expecting in revenues for royalty agreements.

hope you are well mate.

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i think they said it costs about $1m / month to run the CDP and from memory they had about 12 - 18 months of cash

HZR Price at posting: 46.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 33.3¢		Change -0.008(2.21%)		Mkt cap ! $76.51M

Open	High	Low	Value	Volume
35.5¢	35.5¢	32.0¢	$77.82K	231.1K

Buyers (Bids)

No.	Vol.	Price($)
3	17228	32.5¢

Sellers (Offers)

Price($)	Vol.	No.
34.5¢	20717	1

View Market Depth

No.	Vol.	Price($)
2	12228	0.325
4	53018	0.320
1	15865	0.315
1	2900	0.310
3	14935	0.305

Price($)	Vol.	No.
0.345	20717	1
0.350	30723	1
0.370	3000	1
0.380	1200	1
0.385	16000	2

Last trade - 15.52pm 04/10/2024 (20 minute delay)

HZR (ASX) Chart