HZR 1.20% 42.0¢ hazer group limited

Coco, I have never not believed in the tech, and it’s ability to...

  1. 2,622 Posts.
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    Coco, I have never not believed in the tech, and it’s ability to change the world, I am also a massive believer in hydrogen, and will be sticking around to read all the research that people post.

    I am not a believer in management or the board at this point. My trust level is around the zero mark. There are a few reasons for that, most revolve around the boards ability to apoint a CEO who took the company on a different path than has been passed off as gospel to the confrence attendees, but we have been over that path many times, and it’s well worn..

    The other reason I have sell at the moment is the guarantee of a cap raise in the first 3 months of next year.. the uptake of options will be less than 30% IMHO.. and deservedly so.

    Wards ability to not care about the value of the share price and complete contempt for option holders when clearly their financial requirements aren’t matching their $ held + possible income, (zero until possibly later in the year).. all points to a lack of desire to work with passionate investors. So I may get back in, possibly before the inevitable pump prior to the cap raise and sell into the news.

    So for me there is nothing that will drive sp until the money for the demo plant is in the bag.. that will also drag possible income timing to late next year, or early next.

    The vision I had for hazer, which was iterated at events, was for partnerships, or royalty agreements. Ward said no to both. Which for me drags out the timeframe for decent income to years from now. Where royalties from 5 or 10 plants could be flowing in as early as the end of 2019 if deals were on the table.

    So, in short. I don’t agree with the direction Ward is taking, keeping all the tech for Hazer, means it will waste away in a corner until electrolysis is feasable.

    All IMHO
    Last edited by Whatsamadoovie: 24/12/18
 
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