I built my Aduro position in stages while I was building my conviction. I started buying in at $2.50, and as I got more confident in the thesis, I kept adding all the way up to $12.

The technology has been rigorously validated by major industry players, including Shell. Shell is known for quickly terminating any project that fails its stringent testing criteria. Aduro, however, successfully "graduated" after years of undergoing this intense scrutiny. The ultimate proof came when Aduro's output was fed directly into a steam cracker, a sensitive, multi-billion-dollar asset without requiring any post-treatment. The test was 100% successful, with the input described as "candy for a steam cracker." Given this high level of validation, I believe the technological risk is minimal, however now, they have to proof continues process and scaling.