I do like the business model and the long-term potential of the business but when I hear that they are the only ones doing continuous pyrolysis for tyres I am not sure if its the case or if there is any MOAT – a quick Google search reveals that anyone with good funding can buy such machines so how good is the claim that we did some R&D and came up with continuous pyrolysis in 6-8 years.
Any thoughts from anyone?
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