HAZ 0.00% 4.0¢ hazelwood resources ltd

delays confirmed, page-13

  1. 1,038 Posts.
    Fingers crossed.

    I am looking at this stock by its current position and not the missed production dates but completely understand your sentiment. The last qtr report had cash at 4.6M so I don't think cash is a major issue just yet. Once the liner is installed they have the trade finance in place and production will be a huge bonus when it comes to financing Big Hill. W & FeW prices have come off recent highs so the wait on the liner looks to have played out ok. Considering the delays the total cost of build is pretty impressive but the Vietnam currency did take a big hit earlier in the year but either way under budget is under budget. Hope I don't jinx myself with this post.
 
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