The inability for the top dog to give any kind of direction is going to make this company flail short term imho..
2.5 mil add to the (can’t remember all details) from
Memory about 6.5mil last quarter in the coffers minus expenses means no demo plant without a cap raise.. with cash burn for this year plus last quarter to be taken from that.
Unless ward can pull a few rabbits from the hat and get about 6mil from offtakes and arena funding.
That cap raise, will be at a premium and provide more dilution to existing holders..
All imho. But if it does go down that path I will say I told you so..
For existing holders I hope ward is as good as he thinks he is.. cause he rewrote the shareholders presentation and company direction when he took over.
And for existing holders, I hope I am wrong and hazer hits the market by years end with at least 1 massive deal, and stocks soar.
My issue is with management not meeting their expectations not you holders. I wish you all the best.
HZR Price at posting:
32.0¢ Sentiment: Hold Disclosure: Held