I lost my confidence with the previous CEO as this unfolded. We got some good interactions and progress internationally. The Suncor/Fortis deal was made in his time...AP Ventures, sugnificant ARENA funding for CDP etc.I just think now...that not every CEO has the same strengths and I think he hit his limits once we had manufacturing issues and progress stalled a bit.
Our new CEO appears to have alot of energy for this company and he has alot of international experience and success. Successful people know many other successful people and they have a tendency to identify and get the right things done.I know we didn't have hundreds of millions to spend.
Covid may have restricted manufacturing options but China does build some amazing stuff at times and they went through an Australian firm whilst doing the initial hot reactor manufacturing.
I was into HZR in the .20's and I don't see it getting down that low again so any more buying for me is probably going to average me up. But...we did hit the high $1's and with a small amount of SOI, any CR nextyear which is going to happen won't be horrible. I will see what the early new year brings.
Bottom drawer for a little while now.
HZR Price at posting:
65.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)