New Risk • Mar 28
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: AU$7.3m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$7.0m net loss in 2 years). Shareholders have been diluted in the past year (15% increase in shares outstanding). Revenue is less than US$5m (AU$7.3m revenue, or US$5.0m). Market cap is less than US$100m (AU$94.3m market cap, or US$64.8m). New Risk • Dec 24
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$4.9m net loss in 3 years). Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (AU$131.5m market cap, or US$88.1m). Board Change • Nov 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. MD, CEO & Executive Director Glenn Corrie was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Ankündigung • Oct 24
Energypathways plc Commences Technological-Commercial Studies with Hazer Group Limited in Relation to Graphite Production from Its Planned Mesh Project EnergyPathways announced that it is commencing techno-commercial studies with Hazer Group Limited ("Hazer") in relation to graphite production from its planned MESH project ("MESH"). High grade synthetic graphite will be produced as a by-product from the MESH low-carbon hydrogen production facility to be located in Barrow-in Furness. Graphite has been identified by a number of countries, including the UK, as a critical mineral to meet their net zero ambitions. The Company's potential future graphite production may provide the Company with a major additional revenue stream. In July 2025, EnergyPathways entered into a strategic engagement and MOU with Hazer, a global leader in methane pyrolysis hydrogen production, licensed worldwide through its alliance with KBR Inc. Under the agreement, EnergyPathways holds the exclusive rights to deploy Hazer's hydrogen and graphite production technology in the UK, providing a strong competitive advantage in one of the most strategically important sectors of the clean energy transition. Importantly, Hazer also has a strategic partnership with Mitsui & Co. Ltd. ("Mitsui") to explore and develop markets for Hazer graphite, which is targeting a range of potential applications, including high-end uses across the battery, anode and advanced materials sectors. This partnership positions EnergyPathways to leverage premium market access and offtake opportunities across the UK, EU and globally as the MESH project progresses towards development. Mitsui is a blue chip company with a market capitalisation of around PS56 billion. High-Impact MESH Project: Clean Hydrogen and Battery-Grade Graphite The Hazer-KBR technology converts natural gas into low-carbon hydrogen and high-purity synthetic graphite with no CO2 emissions, establishing a game-changing decarbonisation pathway for industrial hydrogen production and critical mineral supply. The MESH facility is designed to deliver: 90 MW of low-carbon hydrogen production capacity (~20,000 tonnes per annum); Up to 60,000 tonnes per annum of synthetic graphite with an initial 95% purity, with potential to upgrade to >99.9% This dual-output model offers compelling economics and diversified revenue streams in two high-growth, government-backed sectors of clean hydrogen and battery materials. Recently, battery-grade synthetic graphite prices have exceeded as much as USD 10,000 per tonne, more than 120% higher than pre-pandemic levels, reflecting tightening supply and strong demand from the EV and energy storage sectors. The Hazer technology is currently attracting strong inbound interest from global battery, anode and materials manufacturers, underscoring its strategic relevance and scalability in emerging energy markets. The Company has the exclusive right to deploy Hazer low-carbon hydrogen and graphite production technology In the UK. This positions MESH as a potential major producer and supplier of high quality and battery grade graphite that can meet the UK's growing demand for this critical mineral in energy transition. MESH's potential graphite production capability can play an important part in shoring up the UK's energy security and its critical minerals supply chain. The MESH system is designed to capture and store curtailed offshore wind power in offshore salt caverns as compressed air. The MESH energy storage system combines associated large-scale hydrogen, thermal and natural gas storage capacity in geo-storage features (the salt caverns). During periods of low renewable energy availability, the LDES stored energy storage capacity (the LDES stored energy storage capacity in the UK and Europe). Ankündigung • Sep 24
Hazer Group Limited, Annual General Meeting, Nov 18, 2025 Hazer Group Limited, Annual General Meeting, Nov 18, 2025. Location: at level 37, 180 george street, nsw 2000., sydney Australia Reported Earnings • Aug 27
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: AU$0.033 loss per share (improved from AU$0.093 loss in FY 2024). Net loss: AU$7.62m (loss narrowed 60% from FY 2024). Revenue exceeded analyst estimates significantly. Earnings per share (EPS) also surpassed analyst estimates by 33%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Chemicals industry in Australia. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. New Risk • Jul 02
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 31% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 23% per year over the past 5 years. Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Minor Risks Revenue is less than US$5m (AU$4.1m revenue, or US$2.7m). Market cap is less than US$100m (AU$91.8m market cap, or US$60.4m). New Risk • Jun 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 23% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (21% increase in shares outstanding). Revenue is less than US$5m (AU$4.1m revenue, or US$2.6m). Market cap is less than US$100m (AU$83.4m market cap, or US$53.8m). Ankündigung • Jun 18
Hazer Group Limited has completed a Follow-on Equity Offering in the amount of AUD 8 million. Hazer Group Limited has completed a Follow-on Equity Offering in the amount of AUD 8 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 22,580,645
Price\Range: AUD 0.31
Discount Per Security: AUD 0.0186
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,225,806
Price\Range: AUD 0.31
Discount Per Security: AUD 0.0186
Transaction Features: Subsequent Direct Listing Ankündigung • Jun 16
Hazer Group Limited has filed a Follow-on Equity Offering in the amount of AUD 2 million. Hazer Group Limited has filed a Follow-on Equity Offering in the amount of AUD 2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,451,613
Price\Range: AUD 0.31 New Risk • Feb 27
New major risk - Revenue and earnings growth Earnings have declined by 23% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$15m free cash flow). Earnings have declined by 23% per year over the past 5 years. Minor Risks Revenue is less than US$5m (AU$4.1m revenue, or US$2.6m). Market cap is less than US$100m (AU$82.9m market cap, or US$52.2m). Reported Earnings • Feb 26
First half 2025 earnings released: AU$0.027 loss per share (vs AU$0.063 loss in 1H 2024) First half 2025 results: AU$0.027 loss per share (improved from AU$0.063 loss in 1H 2024). Revenue: AU$2.11m (up 55% from 1H 2024). Net loss: AU$6.19m (loss narrowed 49% from 1H 2024). Revenue is forecast to grow 66% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Chemicals industry in Australia. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Ankündigung • Sep 25
Hazer Group Limited, Annual General Meeting, Nov 20, 2024 Hazer Group Limited, Annual General Meeting, Nov 20, 2024. Location: at level 39, central park building, 152-158 st georges terrace, perth wa 6000 Australia Board Change • Sep 07
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chairman Tim Goldsmith was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 30
Full year 2024 earnings released: AU$0.093 loss per share (vs AU$0.072 loss in FY 2023) Full year 2024 results: AU$0.093 loss per share (further deteriorated from AU$0.072 loss in FY 2023). Revenue: AU$3.79m (up 58% from FY 2023). Net loss: AU$19.1m (loss widened 56% from FY 2023). Revenue is forecast to grow 55% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Chemicals industry in Australia. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Ankündigung • Dec 02
Hazer Group Ltd Announces the Appointment of Joan Dabon as Company Secretary Hazer Group Ltd. announced the appointment of Ms Joan Dabon as company secretary to the Company, effective 1 December 2023. Ms Dabon is a Chartered Secretary with Source Governance and has over 7 years' experience in providing company secretarial and corporate advisory services to ASX and NSX listed companies across a variety of sectors including mining, property development, logistics and distribution, consumer services, manufacturing, and agriculture. She has also acted as company secretary for public unlisted and proprietary companies, monitoring and managing their corporate governance and compliance frameworks. Ms Dabon has Juris Doctor degree and is an associate member of the Governance Institute of Australia. Ms Dabon replaces Mr. Harry Spindler who resigned to pursue other professional opportunities. The Board would like to thank Mr. Spindler for his contribution and services and wish him all the best in his future endeavours. Ankündigung • Oct 05
Hazer Group Limited, Annual General Meeting, Nov 23, 2023 Hazer Group Limited, Annual General Meeting, Nov 23, 2023. Agenda: To consider and conduct election of directors. Ankündigung • Sep 01
Hazer Group Limited Appoints Neil Brodie as Chief Financial Officer Hazer Group Ltd. has appointed Neil Brodie as Chief Financial Officer (CFO) effective 1 September 2023. Mr. Brodie has acted as Hazer Group's Interim CFO since December 2022 and possesses over 25 years of finance, strategic planning, and commercial experience in energy-related industries, including senior roles in the private and public sector. Previously, CFO at the National Offshore Petroleum Safety and Environment Management Agency (NOPSEMA) and Deputy CFO at a green hydrogen startup following an extensive career with Chevron where he held senior finance positions in the LNG and corporate functions internationally. Mr. Brodie is an Associate of the Chartered Institute of Management Accountants (UK), holds a Master of Business Administration from Curtin University and is a Graduate of the Australian Institute of Company Directors. He is also an ESG professional with International Financial Reporting Standards FSA accreditation. Reported Earnings • Aug 24
Full year 2023 earnings released: AU$0.072 loss per share (vs AU$0.10 loss in FY 2022) Full year 2023 results: AU$0.072 loss per share (improved from AU$0.10 loss in FY 2022). Revenue: AU$2.40m (up 94% from FY 2022). Net loss: AU$12.2m (loss narrowed 26% from FY 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Chemicals industry in Australia. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • Feb 25
First half 2023 earnings released: AU$0.029 loss per share (vs AU$0.085 loss in 1H 2022) First half 2023 results: AU$0.029 loss per share (improved from AU$0.085 loss in 1H 2022). Net loss: AU$4.84m (loss narrowed 63% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Recent Insider Transactions • Nov 04
Independent Non-Executive Chairman recently bought AU$57k worth of stock On the 1st of November, Timothy Goldsmith bought around 100k shares on-market at roughly AU$0.57 per share. This transaction amounted to 7.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Timothy has been a buyer over the last 12 months, purchasing a net total of AU$246k worth in shares. Ankündigung • Oct 15
Hazer Group Limited, Annual General Meeting, Nov 24, 2022 Hazer Group Limited, Annual General Meeting, Nov 24, 2022, at 15:00 W. Australia Standard Time. Agenda: To consider election of directors. Reported Earnings • Sep 02
Full year 2022 earnings released: AU$0.10 loss per share (vs AU$0.082 loss in FY 2021) Full year 2022 results: AU$0.10 loss per share (down from AU$0.082 loss in FY 2021). Net loss: AU$16.4m (loss widened 41% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Recent Insider Transactions • Jul 19
Independent Non-Executive Chairman recently bought AU$189k worth of stock On the 15th of July, Timothy Goldsmith bought around 250k shares on-market at roughly AU$0.76 per share. This was the largest purchase by an insider in the last 3 months. This was Timothy's only on-market trade for the last 12 months. Recent Insider Transactions Derivative • Jul 06
CEO, MD & Executive Director exercised options to buy AU$760k worth of stock. On the 30th of June, Geoffrey Ward exercised options to buy 1m shares at a strike price of around AU$0.50, costing a total of AU$500k. This transaction amounted to 208% of their direct individual holding at the time of the trade. Since September 2021, Geoffrey has owned 479.97k shares directly. Company insiders have collectively bought AU$520k more than they sold, via options and on-market transactions, in the last 12 months. Ankündigung • Jul 05
Hazer Group Limited Announces Resignation of Geoff Ward as Director Hazer Group advised the resignation of Mr. Geoff Ward as a Director of Hazer Group Limited. The appointment of Mr. Glen Corrie as the new Chief Executive Officer of Hazer Group Limited (effective from 10 October 2022) was advised last week. As part of the planned transition, current Managing Director, Mr. Geoff Ward, has resigned as a director of Hazer Group Limited effective from 1 July 2022. Mr. Ward will continue in his role as Chief Executive Officer through the identified transition period and will continue to lead the activities of the company as the handover to Mr. Corrie is completed. Ankündigung • Jun 29
Hazer Group Limited Announces Executive Changes Hazer Group announced the appointment of Mr. Glenn Corrie as Chief Executive Officer replacing current Managing Director, Mr. Geoff Ward, effective 10 October 2022. The appointment of Mr. Corrie is part of an agreed succession plan instigated by the Board and the current Managing Director, Mr. Geoff Ward, focussing on how best to meet the leadership needs of Hazer as it embarks on its next growth phase. Mr. Ward has led the Company successfully over the past 4 years establishing the Woodman Point Commercial Demonstration Plant, currently commencing operational testing, and secured a pathway to further commercial scale-up of the Hazer technology through a collaboration with Suncor Energy Inc. and Fortis BC Energy on the proposed Burrard Hazer Hydrogen Project in British Columbia, Canada. Mr. Corrie is a proven business leader and senior executive with over 25 years of international energy industry, private equity and investment experience, and a track record of successfully leading large listed and private equity backed companies. He brings substantial capital markets experience across the equity and debt markets as well as extensive global M&A experience across Asia, China, Africa, Latin America, US and Europe. Mr. Corrie is currently an executive board member of Suriname's State Oil company, Staatsolie, responsible for the offshore directorate and advising on strategic financing projects. He was the founding CEO of NEO Energy in the UK, a private equity backed full-lifecycle oil and gas start-up, and prior to that, the CEO and Managing Director of ASX listed Sino Gas and Energy, a leading China focused natural gas production and development firm. During his career, has also held senior positions with Ophir Energy PLC and Temasek Holdings Ltd, Singapore's state-owned investment company responsible for global energy investments, including renewables. From 1998-2010 he held a variety of senior positions with Shell International. Mr. Corrie has an honours degree in geophysics and an MBA from the University of Chicago- Booth School of Business. Mr. Corrie will be based at Hazer's Perth headquarters and will commence his role effective 10 October 2022. Mr. Ward will remain in his role until that date and support any required transition arrangements. Reported Earnings • Mar 02
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: AU$0.085 loss per share (down from AU$0.013 loss in 1H 2021). Net loss: AU$13.0m (loss widened AU$11.2m from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 60% per year, which means it is well ahead of earnings. Buying Opportunity • Jan 24
Now 26% undervalued after recent price drop Over the last 90 days, the stock is down 31%. The fair value is estimated to be AU$1.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% per annum over the last 3 years. Earnings per share has grown by 35% per annum over the last 3 years. Ankündigung • Jan 20
Hazer Group Provides Update Regarding the Hazer Commercial Demonstration Project Hazer Group provided the following update regarding the Hazer Commercial Demonstration Project (CDP or Project), currently under construction at Woodman Point Water Recovery Facility, WA. As advised on 10 December 2021, a defect was identified in the reactor vessel being manufactured in China for the Hazer CDP Project, resulting in the reactor vessel being unsuitable for use. This critical piece of equipment is a specialised bespoke design, utilising an advanced alloy steel (Inconel 617) that is suitable for the temperature, pressure and process conditions of the Hazer Process. Following this event, the Hazer team, supplier (FFF Australia) and the manufacturing mill in China, with the support of independent experts, have reviewed the cause of the manufacturing failure and determined improvements to the proposed manufacturing method and scope. Amongst other changes, they have reduced the size of the proposed forging and will now manufacture the reactor in two sections which will be welded together in final fitting. This reduction in forging length will reduce the risk of the manufacturing defect encountered in the first manufacture being repeated. They have approved the remaking of the reactor vessel and expect that the reactor will be completed and shipped for delivery to Australia around July 2022, approximately 6 months later than the original schedule. The CDP is a key step in demonstrating the scale-up and commercialisation of the Hazer technology. The project program includes a rigorous testing schedule that will demonstrate the continuous operation of the process with the full integration of all required sub-systems (such as catalyst injection, gas-solids separation, heat recovery and process control) and derive the engineering data (including confirmation of fluidization characteristics at larger scale, heat-transfer parameters and carbon emission parameters) necessary to support the scale-up of the process. The full operation of the Project will demonstrate the safe continuous production of low-emission hydrogen and graphite. The Hazer team has reviewed the program for the completion of the construction of CDP, the commissioning plan and the proposed testing and operations program for the CDP to determine an optimised staged commissioning and testing process that reduces operational risk, and maximises value of early data. This testing program will be broken into multiple phases. The first phase will be carried out at reduced temperatures using a temporary carbon steel reactor (the "cold" reactor). This will allow commissioning of the solids handling, process control, safety and utilities systems, and will deliver initial process data to de-risk the start-up of the second phase, the hot commissioning and full operation of the CDP. Based on the current activities, they expect that the completion of CDP construction and installation of the initial carbon steel cold reactor will be achieved by mid-2022. This will allow the first commissioning of the Project and commencement of initial testing program. Following this phase, the initial "cold" reactor will be removed and the hot-wall reactor installed. They anticipate that this will be achieved in the second half of 2022, allowing production of hydrogen and graphite to commence before the end of 2022. The additional manufacturing activities and the inclusion of the carbon steel reactor to allow the staged commissioning of the Project will result in additional costs of approximately $1 million. With these additional costs, and continued cost pressures due to strong demand for materials and resources in Western Australia, they anticipate that the final completed cost of the Project will be at the top end of previously indicated range of $23 million- $25 million. Ankündigung • Sep 14
Hazer Group Limited has completed a Follow-on Equity Offering in the amount of AUD 7 million. Hazer Group Limited has completed a Follow-on Equity Offering in the amount of AUD 7 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 7,608,696
Price\Range: AUD 0.92
Discount Per Security: AUD 0.0552
Transaction Features: Subsequent Direct Listing Ankündigung • Sep 13
Hazer Group Limited announced that it expects to receive AUD 7 million in funding Hazer Group Limited announced a private placement of 7,608,696 ordinary shares at a price of AUD 0.92 per share for gross proceeds of AUD 7,000,000 on September 13, 2021. The transaction will included participation from new institutional and sophisticated investors, as well as of existing shareholders. The transaction is expected to close on September 20, 2021. Ankündigung • Jun 16
Hazer Group Limited Provides Commercial Demonstration Project Update Hazer Group Limited provided the update on the progress, cost and schedule of the Hazer Commercial Demonstration Project (CDP or Project) being constructed at Water Corporation's Woodman Point Water Recovery Facility. During the last quarter, it completed civil site preparations, awarded contracts for reactor and high- temperature heat-exchanger materials and fabrication, and took delivery and commenced processing the CDP iron-oxide catalyst. Significant engineering effort has been dedicated to ensuring the materials selection and fabrication specifications of the reactor and associated high-temperature equipment is appropriate and meets required safety criteria. This exercise has been substantial as it progress this first-of-kind design. Fabrication of equipment modules is progressing at various supplier sites, with equipment packages beginning to be delivered to Australia and stored ahead of construction and installation through 2H 2021. The Hazer CDP is experiencing significant cost pressures. Covid-19 related disruptions to global supply chains for equipment and increased freight costs have had a substantial impact, including restricting the number of suppliers willing to meet the technical requirements to supply the Project. Additionally, rapidly increasing costs in Western Australia for labour, equipment, and services due to the strong resource industry has increased costs for engineering, construction, bulk materials, and services. These pressures have resulted in final pricing for many packages and services being above that indicated when setting the original Project budget in June 2020. In addition to these external factors, cost increases due to higher than anticipated engineering requirements to optimise detailed design, materials specification, and fabrication methods for the Hazer reactor have been incurred, with knock-on effects to the design of associated equipment and piping. This engineering work has now been substantially completed, and expects all design work to finish this quarter. Hazer now expects a final Project cost of $20 $22 million, an increase of 17% over previously advised costs and 29% over the original June 2020 FID Project budget. Hazer remains fully funded to complete the CDP. Site installation and construction activities will commence in July, and maintain a target construction completion date of the fourth quarter of 2021. The impacts of Covid-19 globally are impacting the schedule with small delays compounding through the supply chain and impacting the overall completion and delivery dates for key components of the Project. It is now targeting Project commissioning to commence in December 2021, one month later than previously indicated, subject to achieving delivery as scheduled of remaining equipment packages and completion of the specialist materials manufacture and fabrication without further disruption. Ankündigung • Apr 13
Hazer Group Limited announced that it has received AUD 4 million in funding from AP Ventures LLP On April 12, 2021, Hazer Group Limited (ASX:HZR) closed the transaction. As part of transaction, Andrew Hinkly of AP Ventures will join company's board of Hazer Group. Ankündigung • Mar 15
Hazer Group Limited Announces Commencement of Site Works and Project Update Hazer Group advised that it has been granted access to the project site at the Woodman Point waste-water treatment facility for the Hazer
Commercial Demonstration Project (the Hazer CDP). Mobilisation of equipment, site-clearing and civil earthworks will commence this week. This is an important milestone for the Hazer CDP. During the first quarter of 2021, Hazer has continued to progress detailed engineering and procurement
activities to progress the Hazer CDP. Significant progress has been made on its primary focus area, the finalisation of the reactor and furnace detailed design packages and the award of these key contracts. With the placement of major packages order for the project nearing completion.
The increase in cost is due to a number of factors, including; an increased budget for the reactor and furnace
packages as the revised design has required more complex metallurgy to be able to safely deal with the
required process conditions, increased engineering costs to complete the detailed design due to the complexity
of issues required to be resolved to deliver this complex, first-of-its-kind technical project, increased costs for
some primary equipment items between initial budget prices and final pricing reflecting improved activity in
global markets as economies begin recovery from the covid-related slowdown in 2020 and increased labour
and equipment costs driven by the very strong activity levels in the West Australian economy. Together, these
factors have raised our budget forecast with an expected final range of $17.9 - $18.7 million. Recent Insider Transactions • Feb 17
CEO, MD & Executive Director recently bought AU$298k worth of stock On the 9th of February, Geoffrey Ward bought around 198k shares on-market at roughly AU$1.50 per share. This was the largest purchase by an insider in the last 3 months. This was Geoffrey's only on-market trade for the last 12 months. Recent Insider Transactions • Feb 05
Independent Non-Executive Director recently bought AU$206k worth of stock On the 28th of January, Danielle Lee bought around 128k shares on-market at roughly AU$1.61 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Is New 90 Day High Low • Feb 03
New 90-day high: AU$1.81 The company is up 185% from its price of AU$0.64 on 05 November 2020. The Australian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 15% over the same period. Is New 90 Day High Low • Jan 08
New 90-day high: AU$0.92 The company is up 43% from its price of AU$0.64 on 09 October 2020. The Australian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is flat over the same period. Recent Insider Transactions Derivative • Jan 07
Independent Non-Executive Director exercised options to buy AU$127k worth of stock. On the 30th of December, Danielle Lee exercised options to buy 150.00k shares at a strike price of around AU$0.40, costing a total of AU$60k. This transaction amounted to 24% of their direct individual holding at the time of the trade. Since June 2020, Danielle's direct individual holding has increased from 627.92k shares to 777.92k. This was the only transaction from an insider over the last 12 months. Recent Insider Transactions Derivative • Jan 02
Independent Non-Executive Director exercised options to buy AU$121k worth of stock. On the 30th of December, Danielle Lee exercised options to buy 150.00k shares at a strike price of around AU$0.40, costing a total of AU$60k. This transaction amounted to 24% of their direct individual holding at the time of the trade. Since June 2020, Danielle has owned 627.92k shares directly. This was the only transaction from an insider over the last 12 months. Ankündigung • Dec 05
Hazer Group Limited Announces Executive Changes Hazer Group Limited announced that Ms. Emma Waldon, current and Company Secretary, will cease her role as CFO and Company Secretary effective from 1st January 2021. Hazer announced the appointment of Romolo Santoro as Company Secretary of Hazer Group effective from 1 January 2021. Ms. Waldon has been CFO and Company Secretary of Hazer Group since the Company listed in 2015. . Mr. Santoro's most recent role was as the CFO and Company Secretary of Ocean Grown Abalone Ltd. Ankündigung • Dec 04
Hazer Group Limited Announces Management Changes Hazer Group Limited announced that Ms. Emma Waldon, current Chief Financial Officer (CFO), will cease her role as CFO and Company Secretary effective from 1st January 2021. Hazer announced the appointment of Romolo Santoro as CFO of Hazer Group effective from 1st January 2021. Ms. Waldon has been CFO and Company Secretary of Hazer Group since the Company listed in 2015. Mr. Santoro's most recent role was as the CFO and Company Secretary of Ocean Grown Abalone Ltd. Ankündigung • Nov 23
Mineral Resources Limited and Hazer Group Limited Terminates Collaboration Agreement Mineral Resources Limited announced to Hazer Group Limited that it will not be proceeding to Stage 2 of the development of the synthetic graphite project proposed under the binding cooperation agreement entered into between the companies in December 2017 (Collaboration Agreement). A deed of termination in respect of the termination of the Collaboration Agreement has been exchanged between the companies and is expected to be executed in due course. Hazer and Mineral Resources entered into a Collaboration Agreement to investigate the development of a synthetic graphite project in December 2017. Under this agreement a three-stage approach to developing the project was proposed. Stage 1, the development of a Pilot Plant, was successfully completed in August 2019. The Mineral Resources' owned rotary paddle tube reactor exceeded performance target in producing graphite at a quality more than 95% total graphitic carbon. However, following review of the synthetic graphite industry and due to changes within Mineral Resources' business, graphite is no longer considered a strategic focus for Mineral Resources and the company has decided to focus on the opportunities available to it in its highly successful iron ore, lithium and mining services portfolios. Is New 90 Day High Low • Nov 18
New 90-day high: AU$0.75 The company is up 97% from its price of AU$0.38 on 20 August 2020. The Australian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is down 2.0% over the same period. Ankündigung • Oct 13
Hazer Group Limited announced that it expects to receive AUD 4 million in funding from AP Ventures LLP Hazer Group Limited (ASX:HZR) announced that it has executed a non-binding term sheet with new investor, Ap Ventures Fund Ii Gp Llp, an affiliate of AP Ventures LLP for a private placement of 4,000,000 unlisted unsecured convertible notes at a price of AUD 1 per note for gross proceeds of AUD 4,000,000 on October 12, 2020. The company will also issue 2,250,000 million unlisted options which will entitle the investor to acquire 2,250,000 ordinary shares which will expire 5 years from the date of their issue and will not be exercisable in the first 12 months following issue. The notes will be unsecured, have a term of 5 years and will be convertible into ordinary shares at the 5-day volume weighted average price of shares at the time of conversion, or a floor price of AUD 0.20, whichever is higher. The conversion of the notes will be restricted such that no more than AUD 1,330,000 of the notes may be converted in one notice and the notes may not be converted in the first 12 months following execution of definitive documents. The notes will carry 0% interest. The company will have the option to redeem the notes prior to their maturity and if this occurs, the investor may either elect to convert or receive payment for those notes. If the investor elects to receive payment for the redeemed notes, an interest rate of 8% will be applied to those notes accruing from the date of their issue and until repayment. The transaction will be conditional on receipt of all necessary approvals, including any approvals required under the ASX Listing Rules, the Corporations Act 2001 and the Foreign Acquisitions and Takeovers Act 1975 and will remain subject to execution of definitive binding documentation. Subject to receipt of required approvals, a representative of investor will be invited to join board of directors of the company. The transaction is expected to close on December 31, 2020. Is New 90 Day High Low • Oct 09
New 90-day high: AU$0.64 The company is up 73% from its price of AU$0.37 on 10 July 2020. The Australian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 3.0% over the same period. Is New 90 Day High Low • Sep 22
New 90-day high: AU$0.47 The company is up 16% from its price of AU$0.40 on 24 June 2020. The Australian market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is down 3.0% over the same period. Ankündigung • Jun 18
Hazer Group Limited announced that it has received AUD 8.4 million in funding On June 18, 2020, Hazer Group Limited (ASX:HZR) closed the transaction. The transaction included participation from sophisticated and professional investors.