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Rotterdam part of “The European Green Corridors Network” looks like they’re exploring use of new ammonia-fueled VLCCs to operate within green corridors:
https://www.ammoniaenergy.org/articles/signing-up-for-green-maritime-corridors/
Shipping accounts for 3% of all greenhouse gas emissions and there’s lots of pressure on the industry to reduce emissions. Green ammonia looks like part of the solution.
I think they’ll produce ammonia as it’s much easier to liquify than hydrogen and is easier to store and transport. it can be convert from ammonia to hydrogen after it’s shipped to Rotterdam. Potential for Green Hydrogen could be massive. If you look at a company like ITM power who specialise in green hydrogen, they’ve got an Mcap of £2.2b, so massive potential
Thanks OilyRags much appreciate, so that’s just based on:
A1 x 100%
A2 x 30%
V x 5%
Out of interest, what value would you forecast based on 100% for A1, A2 and V.
Many thanks
After such a positive week for HZM, not sure why people want to focus on negativity.
HZM have their hands full delivering A1 and hopefully then A2, so a JV with a major fast tracking construction of V, to capitalise on the EV market looks a good option. No point keeping 100% of V if it takes 10+ years to unlock the value IMO
The RNS on 31 March “Completion of Fundraise” put a lot of focus on Vermelho and IMO I think we’ll see a real push on moving this project forward in 2022.
With EV take up ramping up, EU and US playing catch up on China in securing supplies of critical battery metals, I think we’ll have offers to JV on Vermelho by the end of 2022. IMO
IMO Glencore taking the 210m is very positive, and if a new player had stepped in to buy the block, then questions would have been asked why they or La Mancha / Orion didn’t pick them up. Could be a buy signal for II’s also to start buying in
They’ve got to submit a TR1 soon I presume unless they’re still buying
Decent volume in first half hour, is someone still building a position to add to the 210m they picked up yesterday. This is the time for instis to take their position in line with the Lassonde Curve, looks like we are seeing this take place, with the resultant upswing in the share price. IMO
The buyer who took the full 210k Tech position might still be in the market for more as there were plenty of other larger 500k, 700k trades that have gone through. Big position being built by someone. What are the TR1 notification timescales?
The TR1 will be interesting, to see who’s taken the 210m. Overhang gone in one go, hopefully allow us to break 7p
Hopefully the $25m to be spent on Vermelho this year will start to unlock some value from this project. HZM looking to complete a feasibility study, permitting work, as well as “pursue other strategic initiatives”…… would appear to be very little value for Vermelho baked in the current price IMO
Not sure if posted before…. US looking to secure Nickel supply! Vemermelho could be in big demandhttps://www.lse.co.uk/news/us-uses-cold-war-powers-to-secure-battery-metals-supply-andy-home-ui49x2q5m2wz2t0.html
JM tweet says we’re “Delivering two Tier-1 nickel projects” sounds bullish on Vermelho