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HZR - Hazer Group

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Yeah @sptrawler - MY MESSAGE got sent before completion : apology. Now I have completed what I wanted to respond.
Thanks and your comment could be very right. The power point does say few things :
securing commercial partner for development in late 2019 - so I suppose that was done when they also said commercial development was agreed by MIN.
The CDP (Commercial development process) per the chart appears to be completing 2022. So it is a very long time to see the outcome. Until then it could be all development and play.
Yes, as an investor Chris Ellison could sell this off in middle of development when he gets a right customer. He is a Money Man and who knows the potential buyer in next two years. With Lithium hype, electrical car, heavy research reliance by the government, HZR ticks most of the boxes. The only issue is long lead time.
Alternatively if we argue on semantics then commercial development be a phase of pilot plant success because thereafter, it is all about execution and not developmental work.
Share price has jumped slightly today and ironically before any capital raise, that happens. All speculation and can not be a mind reader . Otherwise, I would not have been on this ASF
Have a lovely weekend. I will have a very busy one as my wife is returning from overseas tomorrow and whole house need to be neat and tidy as she left before travel . Tough call indeed.



 
Miner said:
However from stock perspective it is a long call IMO for HZR to be making money.
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As a general comment the technically best solution, to anything, is rarely the most commercially viable one.

I'm always cautious about "tech" companies for that reason. Simply inventing the tech is one thing but that of itself doesn't necessarily make it a viable business.

Do not hold but I'm watching it.
 
To sum up Einstein, Newton and many other top tech guns never made money but Bill Gates who did not complete graduation could .
 
The quarterly report published today https://www.asx.com.au/asxpdf/20190416/pdf/444bk1k7z09609.pdf
It is pretty self-explanatory and I am waiting to see the FEED study scheduled to be released in April which are only less than 2 weeks to finish. Cash in hand reasonable. Funding for the demonstratable pilot plant. This is a bit challenging as this plant is not for internal purposes but for other companies to come and see. My guess is there would be some publicity ramp up and hopefully pricing ramp up too with prospective investors/collaborators/JV partners for new plants to get hooked into.
No more guess and just wait and see.
Yes, still holding a small parcel with a marginal negative position with a hope
 
HZR is not giving joy to my tip but I am not giving up.
This announcement is encouraging on its face value.
https://www.asx.com.au/asxpdf/20190506/pdf/444vrnn8tlp2h9.pdf
The options issued to Geoff Ward are @50,70 and 90 cents exercisable in 2022, 2023 and 2024. So IMO, really to get benefits of his effort, Geoff would be working at least to get the prices of HZR to exceed 50 cents in 2022. It will not be over a single night. So even it is depressing a bit, long run, I see HZR be good holding. I believed MIN at $2 and then lost my own faith. Same was with A2M. Looking 5 years back, if I held both of them, I could have retired successfully. But no one has crystal ball. So I am focusing to hold on HZR once again banging on Geoff's work to bring rewards to him and all shareholders. Time flies so 2 years holding should be a reasonable one at this instance.
 
This is an interesting development for Hazer, the W.A Water Corp has agreed to let them build the commercial demonstration plant, at the Woodman point effluent plant and use their wast methane. Great move IMO, locates the hydrogen generator, right next to the City, where the Hydrogen can be used for transport.
Also great location for potential buyers of the process, to view it in action, if this comes off it could be really big. IMO
I do hold.
 

Attachments

  • Hazer methane plant.pdf
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Share price up 10% on the news, Hazer will 100% own the plant and operate it, the MOU says nothing about funding the construction.
 
Seemed like a nothing announcement to me, this business has a whiff of dodgy brothers IMO. Funny games with their patents, announcements that seem to suggest an undue concern by management with share price.. Hope I am wrong for those invested.
 
So_Cynical said:
Share price up 10% on the news, Hazer will 100% own the plant and operate it, the MOU says nothing about funding the construction.
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As far as I know minres is stumping up the money, and if it works out the greenies will be over the moon.
 
I am providing an extract of a job advertisement from MIN (yes, would post this on MIN thread also). Basically, it is about MIN entering into oil and gas. I am not prejudging but hope they do not fall on traps like Freeport Mining by investing on PVD (not being Freeport's core business)
the job advert says
"What you can expect from MRL
Our Energy Resources division is seeking an Engineering & Projects Manager (Oil & Gas) to support the business through the provision of cost-effective energy solutions to help us meet our business strategy for 2019/2020, and beyond.

Reporting to our General Manager – Energy Resources, this role will lead a multidisciplinary engineering team, whilst managing the delivery of our projects safely, on schedule and within budget. This multi-faceted role includes a balance of both technical and management tasks and responsibilities where you will undertake in-house and outsourced engineering, with a strong focus on the execution of our power generation, heating and other hydrocarbon related projects.

Some key projects currently being undertaken by the team include:
  • 50 MW Power Station (gas fired, reciprocating)
  • 82 km 10” high pressure gas pipeline
  • LNG Storage and Vapourisation Facility for a 10 MW power station
  • A synthetic graphite R&D facility (supporting design, fabrication and operation)"
As a holder of both HZR and MIN, I am curious on last line - So HZR is not owned by MIN . Is the direction of their intention ? Time will tell if I am reading or not reading too much goss.
 
Miner said:
  • A synthetic graphite R&D facility (supporting design, fabrication and operation)"
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Both the pilot plants (FBR & PTR) are at MIN's Kwinana site so i have to assume that this MOU with WA water is to build one of these plants at
WAW's site with MIN to run it as they have the engineering experience having helped HZR with both pilot plants - makes perfect sense.

Its all evolving.
 
Good announcements today with 10% increase.
My only concern is the selection of consultant for engineering. Holding.
 
Miner said:
Good announcements today with 10% increase.
My only concern is the selection of consultant for engineering. Holding.
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What are your concerns?
They are a fairly small engineering company, however the scale and complexity of the plant, may not be large.
 
I think (hope ) there will be some significant announcement on their pilot plant.
Hopefully next month
 
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