Aduro Clean Technologies Inc (ADUR)

[doinit]

The plastic waste vertical alone, HPU, would justify a few multiples to the current valuation of Aduro at its current stage and would justify billions in valuation once Aduro reaches the commercial stage with multiple partners. The current landscape of technologies that improve the common Thermal approach, such as PureCycle, Mura and Licella are trading or have raised money in public/private at a USD1Bn+ valuation, and none are commercial as of now (yes, none of these make any meaningful revenue nor free cash flow). The marketplace is so massive that 100 Aduro’s can exist without worrying about competition.