NRZ 0.00% 0.4¢ neurizer ltd

So NRZ commissioned a feasibility study, and the study came back...

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. 646 Posts.
    lightbulb Created with Sketch. 226
    So NRZ commissioned a feasibility study, and the study came back saying not feasible.
    Now NRZ disagrees with the costings from the report (which came from experts) and says it should be cheaper - because somehow they know more than DL E&C...

    Anyway, this hardly means that the feasibility study is bankable because apparently the numbers in it are wrong (from NRZ's own opinion).

    And the cherry on top - it's cheaper to buy electricity from the grid then it is to use syngas.
    Wonder what happened to those generators?
 
watchlist Created with Sketch. Add NRZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.