First off, I would strongly suggest if anyone has questions they contact HNR & hopefully someone there can shed some light on any company topics you're interested in.
Secondly, I'm not privy to any extra information. I'm a shareholder just like you. I know just as much as everyone else here & from the information HNR has publicly released. I don't pretend to know what the company plans are. If/when any plans are released publicly, shareholders can dissect the ann here accordingly.
With respect to your questions,
"The battery recycling industry will be big but that's a no brainer."
Glad to see your finally onboard. Perhaps one day you'll be one of the company's biggest supporters?
"The question that matters, is how is HNR executing it's plan?"
Below is the information HNR has released publicly. This is their commercialisation plans. But, much like NMT, HNR could have a flexible business model. Click here & here to view it.
Companies in similar industries compete for market share. Coles & Woolies, Shell & Caltex, you get the picture. They fight amongst one another for a level playing field. They follow what the competition is doing & sometimes copy their business strategy So, Mercedes could have their hands on battery recycling technology thanks to NMT/Primobius. HNR & CM have NMT battery recycling technology. IMO, other car manufacturers could be watching how Mercedes precedes down this path. Perhaps HNR doesn't have to go looking for customers, the car markers & battery manufacturers might come knocking on the door of HNR instead. Who knows.
European countries are pushing battery laws for a green, circular economy that keeps critical metals inside the borders of Europe. Just look at the Tweets from HNR. It effectively creates demand or a boom for a battery recycling industry, which HNR can plan around.
"How will it compete with the heavy hitters with deep pockets?"
It could go a few ways.
1. HNR could hook a massive customer? 2. HNR could start small & steadily grow the business over the years? 3. Reputation? If NMT tech is good enough for Merc. Then who else would want NMT tech? 4. Better battery recycling technology? 5. HNR has NMT onboard. 6. HNR could have Greenhouse onboard, hopefully within the next month or two.
Click here to view the above screenshot & ann. Look at the year we're in, 2022. Look at the graph. As you can see, the potential battery feedstock in Europe could be massive. IMO, years after CM & HNR have entered the Nordic market to recycle batteries, other recyclers could follow. Not using NMT tech, perhaps another tech, but there's nothing wrong with competition in a growing market. Especially a market that looks like the one above. Keep in mind it's a prediction. The figures quoted in the screenshot above could be significantly higher or lower.
Growing a business is like Darwin's theory of evolution, it's survival of the fittest. The companies that can produce the best product for the lowest price will naturally secure a larger market share. Only time will tell.
Only HNR knows what the plans are, I can only speculate.
"How many potential customers are they talking with?"
I wouldn't know how many they're talking with.
But, how many potential customers are there? That's a great question & it's one I've been trying to research myself. When I find more, I'll post it here.
But we know from the screenshot above there could be six gigafactories in the Nordics.
"All I read is the usual stuff about the industry."
IMO, it would be wise for all investors to keep up to date with the latest news, competition & investments within the battery recycling industry around Europe.
HNR Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
(20min delay)