From previous announcements, there is a second external fluidised bed reactor which is using 'alternative heating method'.
Given we have received data from PPPv1 and data from rotary tube reactor, we should see data from this third reactor in the not too distant future.
Alternative heating method would seem to align Hiringa strategy of producing green hydrogen, so it is likely this third reactor is running tests with them.
On 19 June 2018 announcement outlined the different reactors, and stated this third reactor had achieved 4kg per day.
The most recent announcement had changed this to 4.8kg per day so progress is being made.
The target for this reactor is also 4-10kg per day so it can't be too far away until we get further information on this.
Data and deal combo would be well received.
HZR Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held
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