HZR hazer group limited

Ann: Hazer Signs Binding Agreement with Mineral Resources Ltd, page-22

  1. 633 Posts.
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    Great to see HZR converting MOU into binding agreement within a few months. I think management deserve a bit of credit here. Just because they don't see the need to provide constant reassurance to shareholders doesn't mean they aren't kicking goals.

    It also gives me some confidence that we will see progress with Primetals early in the new year and a signed agreement within the first 6 months of 2018CY.

    The Primetals opportunity is significant and you can only imagine what a signed agreement would do to our share price, given hydrogen commercial production (our main game) is still to come.

    Also, 16m in options in the next few years so no cap raise required with our capital light licensing business model.
 
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