I am pretty sure this is a new proposition backed into the shell of the former Hotrocks ... I remember being keen on the sector when Geodynamics was a real prospect.
The new business looks interesting though. Provided the current capital raising is finalised, it looks like HRL will be debt free and comprise 6 established, cash flow positive entities, with potential for cross selling services.
Large yachts can sail faster than actual wind speed, small yachts cannot.
Dex
HRL Price at posting:
11.0¢ Sentiment: None Disclosure: Not Held