Hardy has released its FY 2018 results, reporting net cash of US$9.2m. Though this has been impacted by ongoing legal costs, it still leaves the company well funded. Important progress has been made on PY-3, with submission of a re-development plan in December 2017 having the potential to re-establish revenues. The CY-OS/2 legal process also continues, with Hardy chasing a cash award against the Indian government worth US$78.2m net, which would be hugely positive and provide substantial optio
07 Jun 2018
FY 2018 results
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FY 2018 results
Hardy has released its FY 2018 results, reporting net cash of US$9.2m. Though this has been impacted by ongoing legal costs, it still leaves the company well funded. Important progress has been made on PY-3, with submission of a re-development plan in December 2017 having the potential to re-establish revenues. The CY-OS/2 legal process also continues, with Hardy chasing a cash award against the Indian government worth US$78.2m net, which would be hugely positive and provide substantial optio