As an early stage investor in HZR, who sold out a couple of years back when the graphite side of the business stalled, post the MIN exit.
I have been keeping an eye open, for signs of a value being obtained from the graphite, the furtherance of the Mitsui collaboration gives a lever to this, in particular the positive market feedback comment
"Hazer and Mitsui advance collaboration for graphite marketing following positive market feedback"
To me, without bulk carbon sales, HZR would only become a small niche player in hydrogen, as a stand alone hydrogen producer, with a side stream of carbon credits.
Getting value from their bulk product, the carbon changes that, to a globally applicable mainstream green shift technology. Adding value from the 4 tons of graphite per ton of H2 produced, will be the making of HZR
Ultimately there needs to be value in the graphite, to compensate for the energy loss in not combusting the C in the CH4.
It may still be a little early, but I am pleased to be back on the shareholder register
HZR Price at posting:
63.0¢ Sentiment: Buy Disclosure: Held
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