It still looks like it is losing cash from operations. Lose-lose situation here if they now have to fill an off take with the Japs no matter how much money they are losing on operations. I don't think management have a clue tbh.
Let's see what happens with the next funding effort. The last 3B showed a $0.001 convertible note to the loan sharks. Chances of the 1c placement they were chasing being filled - ZERO. It took them half a year to put the prospectus together for that failed effort. Stumble, bumble from 3 cents to 0.1 cents convertible note in under a year.
Outstandingly incompetent.
HAZ Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held