HZR hazer group limited
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Interesting next 1/4’ly They had at dec 31st - $8.1m in cash and...

  1. Geobrand2
    1,976 Posts.
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    20/04/18
    10:28
    Post #: 32579530
    Interesting next 1/4’ly

    They had at dec 31st - $8.1m in cash and were burning $1.3m In The current quarter. Might be more since they are shifting the plant back to wa. So approx $6.5 to $6.8 in cash. Previous quarter they burnt $1.4m and previous again (June 2017) was $1.2m. So at this rate, they have four or five quarters before exhaustion. Usually companies raise or sure up at least 3 quarters before than.

    So in short either next quarter or the one after Hazer need to deliver some runs, imo. Of course we could keep posting dreams, but think it’s time Hazer started to deliver substance, imo.
    Last edited by Geobrand2: 20/04/18
    HZR Price at posting: 28.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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32.3¢ 		Change
-0.013(3.73%) 		Mkt cap ! $89.72M
Open High Low Volume
33.0¢ 33.0¢ 31.8¢ 50.09K

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Price($) Vol.
32.5¢ 3500
Last trade - 15.02pm 23/07/2026 (20 minute delay) ?
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