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Does MM have any research on HZR?

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Does MM have any research on HZR?

Hi MM team, Just wondering if you have access to any research on HZR. Is it progressing with any trials or production rollout that might see the technology become widely accepted, any contracts or grants it might be in line for etc. Ie anything that might cause the slow slide in price to reverse. cheers Alain

Answer

Hi Alain,

There is not much in the way of research on Hazer (HZR) in the market – just one analyst covering the stock with a bullish, although speculative, view on the stock with a $1.35 PT.

While the technology is a game changer, turning methane into hydrogen and graphite, it will take significant investment to see economic outcomes. We prefer Calix (CXL) in the green materials space given the diversified applications of their technology which are furtherprogressed vs Hazer’s (HZR) demonstration plant.

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Hazer Group (HZR)
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