HAZ 0.00% 4.0¢ hazelwood resources ltd

You make a good point Porthos, l hope they have some serious...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,038 Posts.
    You make a good point Porthos, l hope they have some serious backers who will take up any shortfall otherwise it would be a total disaster. Interested to know the debt/equity ratio, even though the thought of current mgmt handling debt makes me shiver.

    The qrtly mentions all feedstock and first fill required to commence production. and thats just materials. 20% discount, 6.8c, 100M shares + 2-3M debt? Just a ballpark estimate by me, seems high but at the same time seems low. I would think the reported first fills would be 6M+ alone. Would want to be decent considering the amount of time it's taken.

    The JV partner pulled the long straw on this one.
 
watchlist Created with Sketch. Add HAZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.