AnorTech Inc ANORF

HUD 2.0 - A.K.A. AnorTech Inc.

[mynameisneo]

With a new name comes a fresh start.  Looking through the NR the things that stick out to me and hopefully to new investors are the following.  "The company will provide an update on these programs shortly."   Referring to alumina and cement products.  "debt free", sure sounds attractive when starting any new and existing JV or colab.  "5% carried interest", referring to the sale of the Sarfartoq rare earth element project to Neo Performance Materials (Neo North Star Resources).  "$3.5M cash on hand", always nice to see.  And my favourite part, ""The company is focused on three global markets: green alumina, CO2 free cement and concrete thermal energy storage systems"  The thermal energy storage system is the new one for long term investors here.  Maybe not the most profitable one out of the bunch but the one that has an exciting opportunity given some other companies doing the same thing.  Rondo comes to mind.  With anorthosites' unique properties and the quality of our resource at Gronne Bjerg I think if we can find the right partner (maybe have already) we can build upon Rondo's success and far exceed their capabilities.  The industrial sector uses by far the most amount of the electical grid (thinking here in NA and EU) and with the current limitations this is the kind of solution that the world needs to advance quickly to shore up space for the energy transition from fossil fuels to renewables.  Just my two cents (up to $.03 today) but looking forward to the next NR.  Keep the news flowing from this point on Jim!  Let's get this company moving in the right direction.

[rkelly5]

We were already focused on those 3 global markets . Change of name will allow them to sell more stock . I am already down about 97% , so I will be as they say in the report " at nill " in the not too distance future . 

[mynameisneo]

To my knowledge this is the first time the company has mentioned the thermal energy publically.  It used to be e-glass.  I am also down about that much but all I see is upside from here going forward.  If they can announce any kind of a JV or working relationship with a reputible company on any of these revenue streams think of how quickly we jump to the upside.  Also note how

[rkelly5]

I am looking for them to consolidate maybe a 1 for 10 , then sell more stock and delute the shares . Cant really do that with the Hudson name , fool me once hard to find buyers the 2nd time around , new name company might be able to pull in new investors . 

[Digby8]

Good comment neo. Thanks for the info about Donna Phillips - very interesting. I also don't think they would bother with the name change if they were about to go bancrupt. I'm pretty sure we are all down on our investment in HUD, but it is finally starting to feel like there will be a future for the company. I do believe you are correct about the thermal energy storage systems. I do not

[brazil2]

It's been a long wait for something to happen I am just surprised that so much paper is at 3 cents, lets see what the new website will say I bet you we will get info they have not released yet.  I think we have aluminum and hopefully partners that will make things right, white mountain to many mistakes have been made but I see hope like you guy this light at the end of the tunel looks

[rkelly5]

If Alcoa builds a smelter in Greenland they will need raw material , and there would be at least three Anorthosite projects that I know of that could supply that raw material with Anor Tech being one. That is if can can get the capital to develop the project , if they delute the chanches of the longs here ever making a profit is a long shot , no pun intended . Alcoa has talked and even made plans

[mynameisneo]

From the new website.  "Plan to have major aluminum companies testing the SGA in second half of 2024."  Hopefully we hear who the major's are soon.

[rkelly5]

From the new web site we are no longer a mining and exploration company , we are now a Tech company . 

[brazil2]

All this seems very promising

[brownbear]

Something seems to be up all of a sudden maybe you're right Brazil2 perhaps there is news coming?