And with stocks like SYR commanding billion dollar market caps with zero revenue or projects off the ground we can assume the market is pricing these stocks well in advance.
Except Hazer.
Once Hazer has a successful pilot plant in operation it's anyones guess where the market cap will be. I would assume a lot higher than now.
The plant really isn't being set up as a revenue generation avenue. It's to prove everything works.
So given successful pilot plant demonstration, Hazer then has several options for commercialisation.
1) Constructing its own plant and selling the products
2) Taking a partner
3) Licensing the technology
And with scale-up advancing at a pretty rapid pace with sights set on the pilot plant being up and running next year, revenue though these avenues mentioed above might not be as far away as the market might think.
But who knows, i'm excited to see this all unfold. It will get very interesting.
HZR Price at posting:
63.5¢ Sentiment: None Disclosure: Held
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