My reading of the tea leaves is there will be little revenue from boorara, all stockpiled waiting on paddington processing and reconciliation, FMR revenue, i have no confidence but will be surprised if we show a good result for our 50% of philips find.
If HRZ want a positive approval to tranche 2 ( july2 vote) they will need to send out a pre qtrly update in june giving guidance update as its a big leap of faith to vote for the dilution impact without some positive feedback to retail.
With regard to $30m CR to build the mill and insto buyin, i do remember Padely and co. (Sopho investors and son in law to PH) being sucked into the POS vortex for $30m in 2022 to wait for it "Fill the mill".
HRZ Price at posting:
4.6¢ Sentiment: Buy Disclosure: Held
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