galumay
learner
- Joined
- 17 September 2011
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I am tipping is down the s bend. Will be happy to be wrong for the sake of holders.
I hope not, but it is very new and sketchy tech.I am tipping is down the s bend. Will be happy to be wrong for the sake of holders.
I would have thought ASIC would be all over them, if they are lying and misleading shareholders about something like that.Its more their dodgy behaviour that raises red flags for me, claims they have patents when they dont etc.
Market welcomed it with a price drop.Hazer to get a small W.A government injection of fund, to conduct a feasability study.
https://www.asx.com.au/asxpdf/20200108/pdf/44d4fyf294t5t5.pdf
Sounds like Mandurah could become a test bed, for hydrogen powered public transport, makes a lot of sense compact area with metro rail connection.
Hazer to get a small W.A government injection of fund, to conduct a feasibility study.
https://www.asx.com.au/asxpdf/20200108/pdf/44d4fyf294t5t5.pdf
Sounds like Mandurah could become a test bed, for hydrogen powered public transport, makes a lot of sense compact area with metro rail connection.
Probably more of a PR stunt at this time, however the cost associated with installing the H2 handling facilities will probably be required. As you say they have to start somewhere, hope it all goes ahead.Hydrogen powered buses/cars/trucks have been around for decades, a feasibility study into something that is proven is a bit of a waste of time but we have to start somewhere.
Yes, as @So_Cynical mentioned, hydrogen powered buses are there for ages. Mr Ellison is behind the scene and earning publicity stunt. But market did not like it. Hence two successive days share prices went south. They are playing the game. But people working in Mineral Resources did advise there are something confidential stuff getting cooked. I am still in observation phase for HZR and holding until the turn is too severely south,Probably more of a PR stunt at this time, however the cost associated with installing the H2 handling facilities will probably be required. As you say they have to start somewhere, hope it all goes ahead.
IMO W.A is perfectly situated to go full H2 transport. Small population, abundant solar and wind generation and large distances, which tends to favour H2 over BEV due to better range.
So due the fact, that there in reality isn't that many cars and buses in W.A, the amount of H2 required will be quite small, compared to larger populated States.
Some times I just swim with the flow than against it.HAZ SP is rising substantially. Could be news in the wing or investors believing the Jan announcement is very significant.
Big volumes since Tuesday and has jumped from 44c to 55c
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