HZR 2.21% 33.3¢ hazer group limited

Ann: Response to ASX Query, page-42

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  1. 3,453 Posts.
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    It seems the thread has been hijacked, so I may as well continue...

    Putting it in context, The MOU with primetals was announced 16/10/17, just a couple of months before the binding agreement with MIN, and 6 months or so before Poccock mysteriously had to leave. Well worth reading if you are unfamiliar with it.

    https://hotcopper.com.au/posts/27921621/single

    • Hazer executes MoU with Primetals Technologies Austria GmbH, a leading global engineering company and solution provider for the metals industry
    • Hazer and Primetals Technologies to jointly investigate utilising the Hazer Process to reduce the cost and environmental impact of steel production
    • Collaboration could accelerate commercialisation of the Hazer Process and deployment of Hazer’s technology within a new market

    "Initially, the focus of this collaboration will be the exchange of technical information and the joint development of the necessary Technology Roadmap, to be then formulated through a binding Joint Development Agreement in early 2018. The Joint Development Agreement will focus on necessary feasibility studies as well as undertaking front end engineering and development of a commercial prototype plant."

    Unfortunately as we know this has turned out to be another case where we have been told nothing since, there's certainly been no roadmap or binding agreement announced as indicated.

    Hopefully it is not yet a dead duck yet and maybe we are waiting on confirmation of IP protection via patents, because the opportunity here is ginormous. Much better summised by @Michaeljob than me

    https://hotcopper.com.au/threads/ann-hazer-signs-mou-with-primetals-technologies.3755964/page-51?post_id=27946326

    Last edited by vigilante3: 12/10/19
 
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