you beauty !, page-9

Well, count down to a 'must do' communication, or at least event in relation to this company can start today.

One month from today is the last day (Friday 28th) that accounts can be lodged for the June 30 end of year. We are now not just talking ASX but ASIC.

The same pressure which comes at Quarterly time (i.e. director signing something) that invariably tips over a floundering junior into Trading Halt then Suspension is now about to be put on in spades. I can say that the audit process which is now going on will be an unpleasant one for the Board of HAZ. To not go into voluntary administration more undertakings as to the nature of the business and its ability to trade in the future, repay its debts etc will be sought and in my view, will result in the acid being put on the board.

That last release was not a get out of jail card and still work has to be done to produce a funding result. Pressure can sometimes make people accept what was unpalatable earlier and just get on with it, or just as easily, result in stressed, poor choices.

Clock is ticking........