Member Info for cuttlefish

Good to see some buys. Have wondered for quite a long time as to why the non-family directors have stayed on the sidelines.

Further to Time-Lords comments there are 2 further issues to consider:
1. The data and software contracts signed by non oil and gas customers will tend to be much smaller value (perhaps 1/10th to 1/5th) so therefore more contracts and sales people are required to achieve the same value.
2. There is no doubt that hydrogen is a big opportunity. The main challenge is producing it at the right *price*. Currently this usually means the right *location* which is generally considered to be where one has direct access (not via the electricity grid) to renewable generation (wind or solar) which cannot get to the grid. As soon as one uses the electricity from the grid then one has to pay all the other costs (network, regulatory duties etc) above generation costs and the hydrogen becomes impossibly expensive. It is not yet clear that GTC locations are (or are not) the right locations to do this.

Not trying to be negative. I like the idea of hydrogen. Looked through a lot of material but couldn't find where the low cost hydrogen comes from.

Hydrogen costs money to make. Are they making it themselves at low cost, which would be great (but how) or are they buying it at low cost in which case who is the supplier and why will they sell at a a lot price.

H2Green website says "Our storage provides tonnes rather than kilograms of low cost hydrogen at each site."
Does anybody know where they are getting their low cost hydrogen?

Yes, by excluding the summer. :-)

Tapi 2018 financial results just published. Terrible numbers.