Hey low key,,
They didn’t tell me that FEED ‘would’ earn a retake, but ‘should’ I didn’t expect it would..
BUT, the FEED study imho was about capex and opex, and was to be released to market.. capex we have, 10mil..
But of that 10 mil, given x for input and y for output set by efficiency of ‘a’.. I can run figures and figure out that the demo plant if run 24/7 will pay for itself in.. x number of years.. and have a profit margin of y... therefore if hazer have 10 of these plants they stand to earn an income of so many million a year..
That then gives us an earnings number, multiply that by your favourite PE and at that snapshot in time we have a share price of... and possible dividends of......
The same as a royalty number from MIN.. both. Were promised and both are being held back..
Instead we get.. we have been working with the feed study for a while..
last week .. trading hzros, page-33
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