2022 Thoughts, page-89

I don't know the reason for people selling this week, or specifically who is selling. I can't really blame them. I'd love to back up the truck myself but need to see more from DEL. More announcements, more certainty, more contract wins, more tangible progress. More than pretty PPT presentations and talk of being close to possibly announcing something some time in the future.

Something I did come across a few days ago was a paywalled article referring to the Brickworks plant. And mention of Delorean in Brickworks' market release last week. Nothing from Delorean, of course. But this indicates the plant could (could -- yeah, more uncertainty!) be bigger than expected.

BLM will hopefully soon be a thing of the past. The NZ plant will be handed over in weeks. I wonder if we could achieve short-medium term success just from a Brickwork collaboration alone? Not ideal, but something to cling onto. There are many Brickworks -type companies in Australia which a) need gas, b) are trying to decarbonise, and c) have few options or places to turn other than anaerobic digestion and Delorean. Problems that aren't mutually exclusive. We aren't a big company. Hamish goes on and on about possible BOOM deals on the back of BLM, and 500 million dollar pipelines. Delusions of grandeur. They've got about 32 staff members, 28 of whom are in WA. And a 10 million dollar market cap. For goodness sake Hamish just focus on some achievable goals and bloody well achieve them.