Potentially we already have a royalty deal Via MIN, if they like what they see then its gonna be a multistage / scale project we are looking at. With funding 100% entirely from them, we could be banking $5 million in the 1st year of operations circa 2022 off royalties, then a hockey stick chart from there onwards!
From our FEED study from GLP, we will essentially know how much Hazer needs to invest to Build a Demo Plant, with capex & opex estimates for larger operations. This study alone could be pivital on which way hazer wants to go with hydrogen... Whether they license their IP... or go it alone ... That's why Geoff Ward was brought in! IMO
In talk about the govt's investment in Coal Gasification Projects, for Hydrogen as a whole its really a drop in the water IMO, and a attempt to keep coal relevant.
Pumping coal back underground reminds myself, when I was a child and had to clean my room before my parents came home, instead of doing it properly, i just threw everything under the bed and covered it over... see if you just pump C02 back under ground and claim you are Emissions Friendly is utter B.S for a start secondly what happens when it escapes ahh, no evidence of a oil spill or any real evidence it escaped or how long are you going to store it their for... its like nuclear waste in a sense, but this is how backwards some governments are.
Or you could achieve a value add end product like graphite, which will have more of a use in the future of tomorrow.
HZR Price at posting:
36.5¢ Sentiment: Buy Disclosure: Held
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