Shaun Cartwright from Anadara Asset Management discusses the optimism towards the Australian hydrogen tech startup, Hazer Group (HZR). Shaun mentioned Hazer’s ability to extract clean hydrogen from methane and simultaneously produce pure graphite. This dual capability positions the company favourably in the renewable energy industry.
The newly-appointed CEO, Glenn Corrie, contributes significantly to securing technology licensing to commercial affiliates. Shaun maintains Hazer’s promising prospects, asserting the company’s resilience in the face of falling share prices prompted by equipment malfunction.
Shaun also discusses the company’s achievement in securing licensing arrangements globally and suggests potential partnerships. Recognising the valuable investment opportunity in Hazer, Shaun acknowledges its enhanced value, especially post the recent rights issue which further reduces the company’s risk profile.