I think that the value in Hazer is to some massive Oil and Gas company that wants to produce Hydrogen from Natural Gas and being able to sequester the carbon so it is not released into the atmosphere. They would then need to pump it back underground.
These companies will need to compete with Andrew Forrests Hydrogen produced from renewables. I can't see the world ever satisfying 100% of energy requirements from renewables. Countries and companies that have access to gas but not to unlimited space for solar or wind will want to continue to make money from the gas that they have....and that is where I see Hazer coming in. Hazer could be a takeover target for 1 big oil and gas company,
Ann: Hazer & Mineral Resources Terminate Collaboration Agreement, page-44
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Last
35.0¢ |
Change
0.005(1.45%) |
Mkt cap ! $80.53M | |||
| Open | High | Low | Value | Volume |
| 34.5¢ | 35.5¢ | 34.0¢ | $52.20K | 151.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 72887 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 14961 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| HZR (ASX) Chart |