HAZ 0.00% 4.0¢ hazelwood resources ltd

Ann: Financing Update, page-5

  1. 1,897 Posts.
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    well, at least this lot are mindful of the cancer in the company. The deal with Siderian IMHO was never a winning deal - esp at rate of 12.75%!!!!! The sooner they get rid of it, the better. I am sure there are cheaper deals in the market. Hope these new dudes can find it for HAZ in 2015.
    Unfortunately. it looks like there is going to be further dilution.
    If the factory in Vietnam is not making money, they should do like what is done here. Redundancies and pay cut until the business is profitable. Starts with the directors!!!! Some are on A$20,000 per month!!!!! It seems all they are good at is to squeeze SHs and keep their fat pockets in tack. The whole point being in VN is because of cheap labour and it seems that the cost of production is higher than Aust. Jokes. right??????!!!! Looking back, promises in 2014 of 1000,1500 tonnes, 40 mill profit etc.were all BS. In fact, no estimates or forecast were successful. Will wait and see what these 2 new clowns can produce.
 
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