re: Spec Play - HGRAF

More gossip
Stuart Jara, a former CEO of Hydrograph and I believe he is still an advisor was, before he came to Hydrograph, CEO of a company called Transform Materials. Transform Materials produces acetylene from hydrocarbons using plasma technology without coal or CO2 emissions.
Together with Johnson Mattheys
they build for Denka, a leading Japanese chemicals company, the construction of a Transform Materials acetylene-hydrogen plant. That plant is under construction and is expected to be commissioned in 2025. This would be a nice toy for our production facility, green, clean, and no pipeline.

LINK

350 tons/year
$250,000 to $800,000 per ton:

That's between $87,500,000 and $280,000,000 in annual revenue,

End of 2026 and into 2027 could get interesting.

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That's between $87,500,000 and $280,000,000 in annual revenue,

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Will be interesting to see how soon they become profitable.

Seems like a lot of their budget could go to R&D and new patents.

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Maybe, but they have to build the production facility(s) and hire people to run them, seems to me that would take big chunk of budget as well.

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windows.

They've been saying that the cost of building the hyperion units will relatively cheap.

Part of building the market is going to be R&D. They won't wait for the demand. They are going to create the market by proving the viability of graphene in different products and sell their customers on using graphene enhanced products instead of whatever they are using now.

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My question is how many 10-ton units does it take to get to 350 tons annually? I thought it was 5 or 6? I could be off on that number.

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I guess the obvious answer is 35, but what is a 10-ton unit? Is that 10 tons per year? Or the weight of the unit itself?

My understanding is that they have customers lined up who could buy 1000s of tons, so 350 tons seems like a small number.

If a 10-ton unit costs $350k and produces 10 tons per year, then at an average sales price of say, $400K per ton, and a price to produce a ton at $50k, then it would cost $850K ($350k + 10 x $50k/ton) to produce $4M dollars worth of graphene, including the cost of building the Hyperion chamber.