Hazer Group's (ASX:HZR) share price potential depends on the progression of both existing and new projects, according to a Tuesday note by Euroz Hartleys.
The company's partnership with engineering firm KBR is expected to fast-track the deployment of Hazer's technology at industrial scale, Euroz said.
Euroz noted that the company has secured funding to advance its graphite marketing, and an AU$10.7 million capital raise, alongside further non-dilutive grant funding, has strengthened the company's liquidity.
The firm maintained the company's speculative buy ratings and its price target of AU$0.76.
Shares of the company rose nearly 3% in recent Tuesday trade.
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