HNRs recycling is basically going to be identical to the NMT recycling - so risk/returns are likely to be similar wouldn't you think?
HNR simply have the contracts for the Nordic region. That's a big deal for a company with a market cap of just $80m.
Position: Holder of both HNR & NMT - Aware of the HNR/NMT/CM cross ownerships.
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