AGM Questions21 Jun 2024 10:23
Just a starting point for some helpful questions for the AGM. If anyone wants to add anything, maybe copy and paste the below with your question added. I'll be sending mine to PHE anyway.
Can you expand what product National Hydrogen will be ordering, size of Kiln, what off takes they require (for example Hydrogen)?
Have National Hydrogen raised the capital funds they require to proceed with the PHE order and what are the delays to their order / deposit being placed?
There is clearly a large seller in the market, what does the company know about this and does it relate to any of the major shareholders?
What is the relationship like with HUI? The company’s press no longer mentions PHE and always refers to the technology as their own work, their hard work, their vision and their progress. Is the plan for them to still use PHE technology?
What are the plans for the commercial unit following successful results of the FTU. Will the commercial unit still be 40 tonnes, will it be a customer or PHE unit, when is it likely to be ordered?
What regulatory approval will be required for the first commercial site (FAT, TUV, local council/authority etc) and how long is it anticipated to take?
Where will the commercial Kiln’s be manufactured?
What is the cash runway looking like? Will PHE need to raise additional funding to launch the commercial units?