Australian (ASX) Stock Market Forum

HZR - Hazer Group

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Up another 11% today to $1.80, watched the AGM video last night and was happy to see that they are fully funded for 21/22 and that the commercial demonstration plant is still a goer to be commissioned this year, also of interest was the explanation for MIN ending their collaboration, turns out they were only ever interested in the Graphite.
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Context:

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Hazer gets a mention in a summary of Carbon Capture and Storage Technologies in the AFR. Technologies are evolving, and with the continued support of governments both locally and overseas, the prize of delivering a CCS system that works, is reliable and helps bring net emissions to zero, is a big one. Research projects the industry to be worth more than $US6 billion by 2027. Some ASX-listed companies have their eye on the CCS prize. This is how they are progressing in helping to reduce our carbon footprint.

HZR has patented technology that allows the production of hydrogen gas from methane (natural gas). The "blue hydrogen" is created with carbon dioxide emissions that are captured and repurposed into the co-production of a high-purity graphite product.
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The company recently started site works at its first commercial demonstration plant at Woodman Point, 30 kilometres south of Perth. The completion date for the plant is October 2021, with the company reaffirming timelines and budgets in its latest quarterly statement. The intention is the facility will produce 100 tonnes a year of low-emission hydrogen, proving that the Hazer process can be deployed within a full integrated and commercial setting.
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others mentioned are Calix CXL and Zeolite ZEO.

Note: Companies such as Santos, Orica, Origin Energy, BPH Energy, Vulcan Energy and others that are seeking to incorporate CCS within their current processes have been excluded. The intention of this article is to focus on those looking to commercialise their technology as a priority.

www.afr.com

Carbon capture technology for a clearer future

There is big potential in delivering a CCS system that works, is reliable and helps bring net emissions to zero. This is how some ASX-listed companies are progressing.
www.afr.com www.afr.com

ZEO (shaded) , with Hazer (red) and Calix (light blue), over the last few years:
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Hazar looks to have bottomed, for the moment. How can you value any of these stocks with 'hydrogen' as their investment focus? Is it just all speculation and expectation that governments are going to keep throwing money at them?
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Mobilisation of equipment, site-clearing and civil earthworks commencing this week for the Hazer Commercial Demonstration Project at the Woodman Point waste-water treatment facility. Think that's why its share price is bouncing back.

Agree that it's a difficult company to value but I'm sure there are people out there who understand what it is doing a lot better than the ordinary punter like me. It's had a great run in the last six months.
 
Hydrogen is electric power in gas form, reasonably easy to store and transport, electric power on demand, something that solar and wind cannot do, the shift to Hydrogen is seemingly inevitable if zero emissions is the target.

There is a big push now to setup wind and solar in combination with electrolysers to produce hydrogen rather than battery storage.
 
kennas said:
Hazar looks to have bottomed, for the moment. How can you value any of these stocks with 'hydrogen' as their investment focus? Is it just all speculation and expectation that governments are going to keep throwing money at them.
Click to expand...
From my understanding methane, which is the gas produced at sewage treatment plants, causes a lot more global warming than CO2.
Hazar is building a demonstration plant, that uses the gas turn burn iron ore, which in turn gives off hydrogen and graphite. The plant is expected to produce 100tons of H2 /annum, which if successful isn't bad for a sewage plant of that size.
Several other methods of dealing with the methane are being trailed e.g.
arena.gov.au

Sewage treatment plant smells success in synthetic gas trial

A new waste to energy project has set out to produce synthetic gas from sewage sludge at a wastewater treatment plant south of Brisbane.
arena.gov.au arena.gov.au
The thing is if countries like South Korea, Japan etc are going to derive most of their energy from H2 a lot will have to be produced, solar and wind will have to replace fossil fueled generation and do most of the heavy lifting for industry, so any other process such as the Hazer one if it is successful will be jumped at as another reliable source of H2 and it helps solve the methane issue.
But as you say a lot of the Hazer story is speculation, but isn't any new technology?

I do hold.
 
I used to be a holder and fan of HZR. Once Mineral Resources disassociated from HZR, right or wrong, I also withdrew myself to be an active follower. But noticed HZR turned around.
In addition, with Hydrogen is becoming like the Lithium boom, Twiggy's investment on hydrogen, I looked into HZR what is happening.

First noticed the project report and update
Cost increased by 5 to 10 pc. Remember it will be after contingency so I believe, the real increase would be about 20 pc and the project yet to be completed.

Then saw few directors unloaded their holdings - unusual to do so on a growth share. If the directors do not have their skin, who will?
Geoff Ward (ex MIN - so still MIN has a control) sold out a substantial amount.
1616679838235.png

Detailed engineering not completed and already overrun and this is only a commercial demo plant - not a full-fledged plant.
HZR also got $9.4 M government grant.
Normally detailed engineering cost change will lead to construction variation and by Q4 21 - do not want to speculate but wearing my PM hat, I will be worried for the shareholders who bought only one month back @$1.80.

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Cash - a company like HZR raised $240 K https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4
https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4
https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4 - not long ago the same director sold out.
https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4 1.25 million shares sold and still a lot of shares in the kitty for sure.
Having said, could there be a turning point - what the chartists say ?? DNH
 
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Yep as usual, I ride it into the ground. lol
I have way too much faith in great ideas, or Aussie ingenuity, which both end up losing money.
Way too much BS in Aussie companies, to have too much faith, much better to back what the media is pushing.
 
Well John Hinkly from AP Ventures at last joins the board of Hazer, after the FIRB waves through the AP Ventures buy into the group.
Sounds like he has a ton of knowledge and experience, his involvement should at least give investors a bit of confidence.

Below an older presentation of the AP Ventures proposal.

www.energynewsbulletin.net

High hopes for Hazer as AP Ventures comes on board

AUSTRALIAN hydrogen developer, Hazer Group has executed a A$4 million binding convertible note and option deed with AP Ventures, as it touts the accelerating emergence of Australia’s domestic and international hydrogen market.
www.energynewsbulletin.net www.energynewsbulletin.net

Still holding.
 
I'm picking HZR in the July tipping comp. The chart has been on a continual decline over the past couple of months and the most recent announcement from mid-June mentioned cost overruns on the pilot plant. It did say they have full funding for the larger cost of the project. Looking for a turnaround of the share price as it hopefully meets support.

"The Hazer CDP is experiencing significant cost pressures. Covid-19 related disruptions to global supply chains for equipment and increased freight costs have had a substantial impact, including restricting the number of suppliers willing to meet the technical requirements to supply the Project. Additionally, rapidly increasing costs in Western Australia for labour, equipment, and services due to the strong resource industry has increased costs for engineering, construction, bulk materials, and services. These pressures have resulted in final pricing for many packages and services being above that indicated when setting the original Project budget in June 2020."
 
Miner said:
I used to be a holder and fan of HZR. Once Mineral Resources disassociated from HZR, right or wrong, I also withdrew myself to be an active follower. But noticed HZR turned around.
In addition, with Hydrogen is becoming like the Lithium boom, Twiggy's investment on hydrogen, I looked into HZR what is happening.

First noticed the project report and update
Cost increased by 5 to 10 pc. Remember it will be after contingency so I believe, the real increase would be about 20 pc and the project yet to be completed.

Then saw few directors unloaded their holdings - unusual to do so on a growth share. If the directors do not have their skin, who will?
Geoff Ward (ex MIN - so still MIN has a control) sold out a substantial amount.
View attachment 121906
Detailed engineering not completed and already overrun and this is only a commercial demo plant - not a full-fledged plant.
HZR also got $9.4 M government grant.
Normally detailed engineering cost change will lead to construction variation and by Q4 21 - do not want to speculate but wearing my PM hat, I will be worried for the shareholders who bought only one month back @$1.80.

View attachment 121907
View attachment 121908
View attachment 121909
Cash - a company like HZR raised $240 K https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4
https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4
https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4 - not long ago the same director sold out.
https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4 1.25 million shares sold and still a lot of shares in the kitty for sure.
Having said, could there be a turning point - what the chartists say ?? DNH
Click to expand...
Just revisited my posting back in March this year
the current CR and the share price change like a bath tub is interesting.
$1.075 before CR after a price reached at 80 cents less than two months back warns me to watch on the side lines.

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I think I will just sit. :xyxthumbs
There seems to be plenty of money around at the moment, so the bell seems to have rung, on raising capital.
 
The commercial demonstration project (Plant) completion will tell all, cost per X will be clear and it will be a goer or not, meanwhile Hydrogen and graphite are still major push factors and HZR is a conduit to both, lots of cheap money around.
 
The fact that the process, cleans up sewage methane discharge, while making hydrogen and graphite, is compelling.
Whether the process is viable, is in the tea leaves, so lots of price swings Imo.
If it is viable ka boom, if it isnt ka thump.lol
 
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