Ann: FIRB APPROVAL & APPOINTMENT OF ANDREW HINKLY TO BOARD, page-12

For what it's worth, Morningstar seem to think HZR is undervalued by 17% and Simply Wall St by nearly 85%. The fact they can be so divergent is a bit of a worry, though. I guess you have to have some faith in the technology and be in for the long haul.

Personally I think EVs are more over-hyped than hydrogen, which is probably a better option for transportation anyway if you want power and range, both of which are important in the Australian context; I don't expect to fly in an electric aircraft any time soon. Unfortunately the better technology doesn't always prevail (old farts can remember Beta vs VHS and HD-DVD vs Blu-Ray). To some extent, HZR have a foot in both camps if they end up producing hydrogen and graphene.