HAZ 0.00% 4.0¢ hazelwood resources ltd

re: Ann: Helmsec Global Securities Research R... It's a paid for...

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  1. 65 Posts.
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    re: Ann: Helmsec Global Securities Research R... It's a paid for report. Take that how you will.

    I can't see any pressing need for cash right now. The furnace is making money, and the exploration/development of their tungsten projects appear to be on hold.

    The only major thing I can see is the purchase of the minority interest in ATC for $7.5m. I reckon they'll use scrip for that.

    So a higher shareprice would be a good thing right now, wouldn't have to hand over as much of the company to George.
 
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