Still very worried about this. They owe 4 million $US to the lender plus any interest outstanding so call it $6 million AUD. They need to raise more than the $7.75 minimum or it will be back to to where it is now. Seeing who is involved in the raising is cringeworthy. The same firm blew us up on TAM and told us HAZ was profitable.
I'll be waiting for the annual report after reading this operational update "a profitable production run in February". If there is no plus sign on the line that reads NPAT, we need to take class action for them giving this advice.
HAZ Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held
