When the stars align like that 1 circumstance SMR is the cheapest method of producing hydrogen from methane, and that it doesn’t cost anything to rid themselves of the co2..
But it’s not functional, as in it is very limited by geography and circumstance. And in an environment, where there is a price on carbon, and they have a use for their graphite, hazer would be cheaper than SMR in many many more places.
Hazer seems to have found their base for now.. hopefully the recognition of their technology and it’s functionality will continue through progressive fund managers who see the potential, and the share price continues rising.
As an interesting sideline, Morningstar has hazer fair valued at $1.20 according to nabtrade. Whatever that rating is worth
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