Terrific announcement; full commissioning successful, and despite the delays previously announced in this commissioning, Hazer still states that they are on track for year milestones, and to have the plant running continuously by years end - great news.
Great comments at the bottom of the announcement, too, regarding the numerous variables that are beginning to align across the globe that make hydrogen all the more valuable.
I don't mind the lack of news flow we've experienced over the past 2 months, as ultimately management deliver the results, and that's what we need and want at the end of the day.
Outlook for 2018, as stated in the announcement, looks very promising with scaling up to a large, commercial sized plant. Interesting comment that this plant will be focussed on 'vehicle refuelling market.' Make me think: hydrogen cells for cars + refuelling the tankers up north shipping hydrogen around the globe.
Exiting times ahead.
HZR Price at posting:
48.0¢ Sentiment: Buy Disclosure: Held
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