Knobby22
Mmmmmm 2nd breakfast
- Joined
- 13 October 2004
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Hi Knobby, the demonstration plant is going to be a 100ton P/A H2 plant, it is going to be built next to Perth's sewage treatment plant(Woodman Point) and use their methane as the process fuel source.Attracting my interest - why a demonstration plant, the pilot plant is up and running, why not build a real plant or is the demonstration plant the real plant but hopefully one of many?
https://www.asx.com.au/asx/share-price-research/company/HZR and the prices for the last few days and some volume up with no news. Definitely not graphite - as this commodity is dwindling. Does that elimination indicate something with hydrogen plant, construction contract, some out of the blue result on research? Could be anything. Interesting. still holdingAs 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.
Thanks. Read the presentation.stage 1 completed. Now demo plant. 6 months. 1000 tons. Not good enough to pay back capex. But upscaling advtg to set up plants elsewhere and learn more at their expenseInvestor presentation and explanation of Woodman Point demonstration plant.
http://www.hazergroup.com.au/wp/wp-content/uploads/2019/09/4487xm9f4c34hc.pdf
If it works and the patents are tight, I would have thought the technology would be on sold, but as you say a lot of risk. Is the process dependent on methane, or any form of process heat eg LNG?Thanks. Read the presentation.stage 1 completed. Now demo plant. 6 months. 1000 tons. Not good enough to pay back capex. But upscaling advtg to set up plants elsewhere and learn more at their expense. Reminds me 1988-89, Korf Technology in Tata Steel. All were surrounded with inventor Dr Korf. So I am getting cautious on the risks from high IP, unknowns and second line of defence.
The process is dependent on methane.
Oh well there is another Aussie invention down the drain.The patents are not tight.
If it works and the patents are tight, I would have thought the technology would be on sold, but as you say a lot of risk. Is the process dependent on methane, or any form of process heat eg LNG?
I hold, but not a large holding.
Yes I agree SC, the other point is at the moment sewage methane is just flared off at most lants, imagine how much methane would be produced at Tokyo's sewage plants.The process is dependant on Carbon - NG, also most hydrogen users globally are small industrial users thus a 100-300
tonne annual plant is ideal as a substitute source for these users that currently just buy hydrogen on the open market.
Oh well there is another Aussie invention down the drain.
Galumay, do you have some knowledge, that leads you to that belief?
OMG.There has been a fair bit of discussion about it online, with accusations going so far as to say they have been misleading the market with any claims of patent protection as basically there is none.
I haven't looked into it in any depth as I have always thought the whole thing was poorly run and very speculative.
If it does what they say it can, there will be buyers flocking..
On face value, I do believe HZR has a good case. The business outcome needs time and serious buyers.
While the stock price has been a bit too volatile in recent days for a good long swing set-up it might be worthwhile adding this to a watch-list.
Interesting days for HZR and more interesting their response - Know nothing response to ASX notice.
https://www.asx.com.au/asxpdf/20191011/pdf/449dmbnsk78wg9.pdf
If we look at the last five days trading and volume growth - how could it be know nothing.
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