The comms are often opaque for no good reason, but overall I thought this was quite a solid ANN.
I thought the update on Canada was welcome, especially re the test rig:
"Throughout the quarter FortisBC and Hatch have also significantly progressed the design of a pilot test rig, required to achieve near-term funding milestones, with materials orders underway and location for the test rig to be at a FortisBC operational site."
This answers a few questions. Initially, Suncor was to build a rig for a prototype 2,500tpa reactor, but after they pulled out in July, there hadn't been a word. It was completely unclear if e.g. the CDP running on MK2 would steer the FID.
Now it appears the rig and prototype reactor are going ahead, presumably towards FID. If so, it looks like Canada is more of a parallel project to the CDP again, which ties in with some comments GC made in a recent YouTube interview.
HZR Price at posting:
48.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)