I think the market has come to (finally) realise that so-called "green" hydrogen is basically a steaming turd. SMR or electrolysis, take your pick, both have significant drawbacks (SMR - high CO2 emissions, electrolysis - high energy requirements).
Hazer's homework for now is to get the message out there that 1) Hazer's process is neither of those, and 2) it is ideally suited for large industrial applications (steelmaking in particular) that urgently need to decarbonise their production processes.
I'm sure that part of the reason that Hazer's share price has been beaten down so much lately is lazy investors not researching Hazer enough to realise that Hazer has a significant edge over more traditional hydrogen producers. As a result the presently negative sentiment towards "green" hydrogen tech is affecting Hazer's valuation as well, whether justifiably or not.
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