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NRZ - NeuRizer Ltd

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NeuRizer NRZ gone into trading halt pre-market early this morning.

"The trading halt is to assist the Company in managing its continuous disclosure obligations as the Company expects to make an announcement to the market in relation to the NeuRizer Urea Project (in South Australia)".
 
NeuRizer NRZ fertiliser stock (ex Leigh Creek Energy LCK) comes out of a trading halt tomorrow morning - expecting positive news with BFS (Bankable Feasibility Study) to be announced imo

www.listcorp.com

BFS Update - NeuRizer Ltd (ASX:NRZ)

Read the latest Progress Report news from NeuRizer Ltd (ASX:NRZ)
www.listcorp.com

Cheers tela :)
 
The latest release says they were going to release the initial bankable feasibility study but they aren't actually allowed to and have to wait until the final BFS is completed to release the info. This is due to regulatory requirements.
I took a small position (<5k) in Leigh Creek in January and took them over Strike energy. I wonder if I've chosen wisely?
 
charlsie said:
The latest release says they were going to release the initial bankable feasibility study but they aren't actually allowed to and have to wait until the final BFS is completed to release the info. This is due to regulatory requirements.
I took a small position (<5k) in Leigh Creek in January and took them over Strike energy. I wonder if I've chosen wisely?
Click to expand...

Telamelo said:
NeuRizer NRZ fertiliser stock (ex Leigh Creek Energy LCK) comes out of a trading halt tomorrow morning - expecting positive news with BFS (Bankable Feasibility Study) to be announced imo

www.listcorp.com

BFS Update - NeuRizer Ltd (ASX:NRZ)

Read the latest Progress Report news from NeuRizer Ltd (ASX:NRZ)
www.listcorp.com

Cheers tela :)
Click to expand...
Good news announced this morning.. NRZ now @ 0.195c +11.43% on big volume/momentum :)
 
Telamelo said:
Good news announced this morning.. NRZ now @ 0.195c +11.43% on big volume/momentum :)
Click to expand...
April 4 - NeuRizer (NRZ)

  • ENTERED INTO DEAL WITH DL FOR FRONT-END ENGINEERING AND DESIGN FOR CARBON CAPTURE AND STORAGE FACILITY AT ITS NEURIZER UREA PROJECT
  • CCS Agreement with DL E&C Co. Ltd. Executed
 
Telamelo said:
Good news announced this morning.. NRZ now @ 0.195c +11.43% on big volume/momentum :)
Click to expand...
April 4 (- Neurizer Ltd (NRZ) :

  • ENTERED INTO DEAL WITH DL FOR FRONT-END ENGINEERING AND DESIGN FOR CARBON CAPTURE AND STORAGE FACILITY AT ITS NEURIZER UREA PROJECT

charlsie said:
The latest release says they were going to release the initial bankable feasibility study but they aren't actually allowed to and have to wait until the final BFS is completed to release the info. This is due to regulatory requirements.
I took a small position (<5k) in Leigh Creek in January and took them over Strike energy. I wonder if I've chosen wisely?
Click to expand...
Hey @charlsie are you still holding NeuRizer (formerly Leigh Creek Energy) ?

NeuRizer to 30c
(Pro Stock Tips 6 day's ago)

 
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29 September 2022 ASX ANNOUNCEMENT (ASX:NRZ)

NeuRizer Ltd (ASX:NRZ) (“NeuRizer” or the “Company”) is pleased to announce that the NeuRizer Urea Project (“NRUP”) has been declared an Impact Assessed Development by the South Australian Government.

Managing Director Phil Staveley said, “This declaration is a major affirmation of the social, economic and environmental significance of our carbon-neutral NeuRizer Urea Project.
We look forward to the benefits that this status will bring in terms of project exposure and close engagement with relevant Departments, and stakeholders.”

Under the Planning, Development and Infrastructure Act 2016 (PDI Act) the South Australian Minister for Planning has the authority to declare projects that are recognised as being of significant economic, social or environmental importance to South Australia as Impact Assessed Development.

A declaration of Impact Assessed Development is advantageous because it affords the project proponent with additional support, coordination and information services from government agencies throughout the approval process.

"It would appear that the market has overlooked this one" so said I.

3 month and 3 year charts

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BACKGROUND TO INTERVIEW

"We interviewed Justyn Peters, Exec Chairman of NeuRizer (ASX: NRZ) who keep ticking boxes of accomplishments towards building their Fertiliser plant in South Australia….PRMS, BFS, Binding Offtakes, 70% funded etc.
It’s pretty clear the plant will be built and they will soon be Australia’s only supplier of carbon neutral fertiliser.
At $0.14c we feel there is a disconnect between the company and its share price."
 
Wakey wakey market.
I'm wondering if this is currently the biggest bargain on the ASX...

Telamelo said:
The company plans to produce as much as 2Mtpa of zero carbon urea via downstream processing of syngas which it will extract using in-situ gasification at the now closed Leigh Creek coalfields of northern South Australia.

The company says the cost of feed gas to the LCUP will be less than A$1/gigajoule, and the average nominal operating costs at the project are forecast to be about A$109/t which means the company will be in the lowest quartile of the global urea production cost curve.

And while the project won’t hit full production until around 2024, LCK is targeting a bankable feasibility study (BFS) for completion this quarter and expects to reach the final investment decision process for the project in the middle of this year.
Click to expand...
 
frugal.rock said:
Wakey wakey market.
I'm wondering if this is currently the biggest bargain on the ASX...
Click to expand...
hey frugal, I've seen this type of interview before.... with a kaolin supply company. Once word got out about how glorious the company was, the SP shot up, and when it started to slide, well that's when the hard questions started to be asked.
Now even though i haven't done my research, can i ask if there's any major companies or people on the shareholder list?
(think Andrew Forrest and mincor)
It'll be interesting to see where it goes. Thanks for posting the interview
 
charlsie said:
Now even though i haven't done my research, can i ask if there's any major companies or people on the shareholder list?
Click to expand...

There's 2 fairly large holdings over 10% each, major enough within themselves.

Share price isn't doing what I would expect. It was ready to go one way or the other, and without any catalyst, it's looking like it's starting a slide south with general market slop.

So, I'm out, for now. Will keep an eye on it for future reference though.
 
NRZ to produce Hydrogen in China

• NRZ has signed a binding contract with Meijin Energy Investments (MEI), part of the Meijin Group (Meijin), the largest integrated hydrogen company in China
• NRZ will initially provide services to Meijin through detailed assessments of 2 sites owned by Meijin
• Following the site assessments NRZ will provide intellectual property and be the operator at ISG sites under a licencing agreement
• MEI will pay NRZ US$25 million per site as the licence fee
• NRZ and MEI will become joint venture (JV) partners at those sites in China
• Contract provides NRZ with the opportunity to participate in the rapidly developing hydrogen market in China

Chairman’s Comments
NRZ Chairman Justyn Peters said: “The execution of this contract is an exciting development for ISG
between NRZ and our Chinese partners. The newly formed trading platform will provide NRZ with access to the Chinese hydrogen market, and with a trusted partner with access to a significant revenue stream.
Project evaluation has already commenced and with travel restrictions lifted and the progression of the hydrogen economy in China we are well placed to take advantage of the rapidly growing market in China.
This development is complementary to our Leigh Creek urea project with our Chinese team working on the China project and our Australian team working on the NRUP.

And it's off and racing...
with a MC of around $61 million, this arrangement is worth $50 million USD in the pipeline of dreams.

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