RE: Today4 Mar 2025 20:30
Hi Red, I’ll try to answer
2025 they said they now the ftu is up and running, they can chase existing leads and offer to new clients (corporate days), they said the main drive now is bringing in revenue
Paul did said he would sell a 2.5ton unit and they can be done from start to finish he said in less that 6 months, so who knows? I don’t think they are ruling out any combination
Support from the government they said is time consuming and difficult to keep up with the paperwork side of things, which can cause delays. They did not rule out but said it’s not an avenue they have explored yet
When asked about will they need a raise, he said they have 18 months cash burn left (i think it was anyway apologies!) but they can’t put a definite answer on it because if the national hydrogen projects start in the next 12 months basically they wouldn’t need a raise. We all expected the raise anyway but who knows maybe the stars align but they were transparent which is honourable.
I wouldn’t want to say too much on the hui comments but questions were asked about why they advertise dmg technology then, and they replied if they want to use our technology they will have to buy it! Tocuhé!