As a long term holder in HZR i am dismayed at the recent SP fre-fall.
But when i try to analyze why i keep coming back to poor communication to the Market by the MD and Board.
Pre cap raising at 60c there was a swag of developments afoot and clearly time-lined plans to fully commercialize.
Now it is deathly silence on technical developments (but a big tick in the presentation for producing 1 Kg/day).
Seems we have no plans but "Future goals" .....
The latest "presentation" is a disgrace in my opinion and fails to address the ? - what are the problems holding back development?
It follows the "Preliminary Conceptual ......Analysis." Announcement which was probably 12 months old and has long ago failed to impress any of the large Hydrogen players.
An "ANALysis" my ANAL gland,
it appears to be old theoretical modelling, scaled back to reflect inefficiencies in the PPP, and dressed up with fanciful and incomplete Financial modelling.
There, i have vented and now feel a little better.
But Please MD and Board, is a little clear speaking impossible at this time ???
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