EDE is an interesting example, they have a pyrolysis tech somewhat similar to HZR with the core difference being in the catalyst, its thought that due to the high catalyst price for the EDE tech that they will have a production price multiples higher than what HZR can produce the same product (Carbon Nanotubes). They could well be an early adopter as a licensee which would improve their profitability. With a MC nearing 300mil based really on a single product (large volume potential) it does make you wonder about the potential for Hazer as the technology and product pipeline are developed. EDE hold the patent for a pyrolysis method which Hazer IMO clearly supersedes other than that their primary value is in Edencrete (CNT, mix for concrete strengthening), while EDE hold the patent for Edencrete itself they do not have exclusive rights for use of carbon/graphite strengthening of concrete therefore Hazer could choose to enter this market also, given the size of the market the success of EDE would be complimentary to HZR.
When you begin to explore the possibilities and markets that Hazer has the potential to enter the numbers are impressive. The adoption of battery storage is really in its infancy having just crossed the economic line in the sand and is likely to grow exponentially over the coming years, the advanced materials market for products such as Edencrete is another one of rapid growth. The Hydrogen market which is already up near 100 Billion/year is also making a few shakes with the adoption of fuel cell vehicles.
HZR has the hallmarks to be a multi billion dollar company in 5 few years, 300M MC is quite within reach over the next 12-18 months IMO
HZR Price at posting:
46.0¢ Sentiment: Buy Disclosure: Held
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