NRZ 25.0% 0.3¢ neurizer ltd

Next Announcment will likely be the quarterly next week.Lets...

  1. 1,855 Posts.
    lightbulb Created with Sketch. 1046
    Next Announcment will likely be the quarterly next week.

    Lets hope the “strategic partner/ pre-FID funding + deal” is announced shortly thereafter.

    We should then expect the BFS and hopefully a revised timetable for production (because I’d imagine we’re 6 + months behind the schedule announced last July).

    You’d expect this upcoming deal to be nothing short of “amazing for shareholders”, given the 2 month ETA (last OCT) having blown out to now almost 7 months !

    Major shareholders seem content, and all the right ingredients are there.

    My major concern at the moment is, is there a plan B if, for whatever reason, this current plan A doesn’t pan out ?

    The company can’t afford another 7 months in getting, at the bare minimum, pre-FID funding squared away ….. the SOI is going to start getting revolting as the SP begins the slow descent towards 5c.


    Im still backing Justyn, Daelim and Barrenjoey …. But I imagine as the days/weeks drag on that other holders still confident, may start to rethink their investment.

    All IMO.

    Cheyne
 
watchlist Created with Sketch. Add NRZ (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
-0.001(25.0%)
Mkt cap ! $4.96M
Open High Low Value Volume
0.4¢ 0.4¢ 0.3¢ $194.0K 63.51M

Buyers (Bids)

No. Vol. Price($)
45 91647666 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 18675350 8
View Market Depth
Last trade - 16.10pm 01/05/2024 (20 minute delay) ?
Last
0.3¢
  Change
-0.001 ( 25.0 %)
Open High Low Volume
0.4¢ 0.4¢ 0.3¢ 62007557
Last updated 15.50pm 01/05/2024 ?
NRZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.