RE: NOT Heading North Everyday28 Mar 2025 10:39
Agree - NH2 are reliant on United Hydrogen for money, who have had a number of unsuccessful floatation attempts.
I believe the first was a US listing, then UK and now AUS. I understand from Lives, this didn't happen as planned and has been delayed.
Castle - these are the actual facts , so disagree all you want and call me a liar, but that won't change the situation.
Therefore the current status quo is:
1. Once the FEED is done, NH2 can't do anything until they have funding.
2. "the FEED study will allow a planning and permitting application to be submitted by National H2 as the required data is generated." No one knows how long this process takes, not to mention tendering and awarding the contract to a specialist construction company for the build. I wonder how long that will take?
There's a lot of unknowns, but the one I can say for a fact, is nothing will happen in 2025 with NH2, except receipt of payment for the deal announced 4 months ago.
But I'm a liar and misleading people, not you - PMSL!!