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HZR - Hazer Group

Discussion in 'Stocks 0-H' started by So_Cynical, Oct 22, 2015.

  1. Miner

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    Yeah @sptrawler - MY MESSAGE got sent before completion : apology. Now I have completed what I wanted to respond.
    Thanks and your comment could be very right. The power point does say few things :
    securing commercial partner for development in late 2019 - so I suppose that was done when they also said commercial development was agreed by MIN.
    The CDP (Commercial development process) per the chart appears to be completing 2022. So it is a very long time to see the outcome. Until then it could be all development and play.
    Yes, as an investor Chris Ellison could sell this off in middle of development when he gets a right customer. He is a Money Man and who knows the potential buyer in next two years. With Lithium hype, electrical car, heavy research reliance by the government, HZR ticks most of the boxes. The only issue is long lead time.
    Alternatively if we argue on semantics then commercial development be a phase of pilot plant success because thereafter, it is all about execution and not developmental work.
    Share price has jumped slightly today and ironically before any capital raise, that happens. All speculation and can not be a mind reader . Otherwise, I would not have been on this ASF :)
    Have a lovely weekend. I will have a very busy one as my wife is returning from overseas tomorrow and whole house need to be neat and tidy as she left before travel :) . Tough call indeed.

    upload_2019-3-15_11-56-33.png

     
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  2. Smurf1976

    Smurf1976

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    As a general comment the technically best solution, to anything, is rarely the most commercially viable one.

    I'm always cautious about "tech" companies for that reason. Simply inventing the tech is one thing but that of itself doesn't necessarily make it a viable business. :2twocents

    Do not hold but I'm watching it.
     
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  3. Miner

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    To sum up Einstein, Newton and many other top tech guns never made money but Bill Gates who did not complete graduation could .
     
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  4. Miner

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    The quarterly report published today https://www.asx.com.au/asxpdf/20190416/pdf/444bk1k7z09609.pdf
    It is pretty self-explanatory and I am waiting to see the FEED study scheduled to be released in April which are only less than 2 weeks to finish. Cash in hand reasonable. Funding for the demonstratable pilot plant. This is a bit challenging as this plant is not for internal purposes but for other companies to come and see. My guess is there would be some publicity ramp up and hopefully pricing ramp up too with prospective investors/collaborators/JV partners for new plants to get hooked into.
    No more guess and just wait and see.
    Yes, still holding a small parcel with a marginal negative position with a hope :thumbsdown:
     
  5. Miner

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  6. Miner

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    HZR is not giving joy to my tip :) but I am not giving up.
    This announcement is encouraging on its face value.
    https://www.asx.com.au/asxpdf/20190506/pdf/444vrnn8tlp2h9.pdf
    The options issued to Geoff Ward are @50,70 and 90 cents exercisable in 2022, 2023 and 2024. So IMO, really to get benefits of his effort, Geoff would be working at least to get the prices of HZR to exceed 50 cents in 2022. It will not be over a single night. So even it is depressing a bit, long run, I see HZR be good holding. I believed MIN at $2 and then lost my own faith. Same was with A2M. Looking 5 years back, if I held both of them, I could have retired successfully. But no one has crystal ball. So I am focusing to hold on HZR once again banging on Geoff's work to bring rewards to him and all shareholders. Time flies so 2 years holding should be a reasonable one at this instance.
     

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