HAZ 0.00% 4.0¢ hazelwood resources ltd

Ann: Project Acquisition Completed, page-3

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  1. 323 Posts.
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    I think it was a dire requirement for cash which drove the decision -it also reduces outgoings as well given expenditure requirements etc. In that light, a company facing being wound up is better off selling the future feedstock (and therefore paying a potentially higher price for feedstock in the future) but stays alive today.

    Hats off to the mob n there now for keeping this one afloat. I thought it was gone 12+ months ago.
 
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