Value Hive Podcast Chris Abbott (1035 Capital Management): Comstock (LODE), SkyX Platform (SKYX), Mobilicom (MOB), Research Frontiers (REFR)
Dec 19, 2025
Chris Abbott, founder and portfolio manager at 1035 Capital Management, dives into exciting microcap stock ideas. He discusses Comstock's innovative recycling ventures, revealing impressive silver production potential and strategic improvements in its balance sheet. SkyX is reframed as a tech platform for smart homes, with cash-flow strategies and regulatory paths that could drive massive growth. Abbott also highlights Mobilicom's drone cybersecurity advantages and Research Frontiers' electronic-tint tech, showcasing how his hands-on approach aids these emerging companies.
AI Snips
Chapters
Transcript
Episode notes
Comstock's High-Margin Solar Recycling
- Comstock's solar-panel recycling yields $500/ton intake, ~$150/ton cost, and ~$250/ton recovered-material sales.
- First commercial plant breakeven ~25k tons and could drive clear, high-margin profitability in 2026.
Look For Capital-Stack Cleanup As Catalyst
- Evaluate capital structure cleanup as a catalyst; institutional backing reduces perceived risk and unlocks valuation.
- Focus on operational proof points (first plant online) to confirm earnings power before extrapolating future facilities.
Hidden Biolium Value Under Comstock
- Comstock also owns Biolium, converting waste wood into SAF and renewable fuels with much higher yield per ton.
- Biolium's implied private valuations ($700M–$1B+) create substantial hidden asset value under Comstock's small market cap.