Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Yes, bought in about 4 months ago on the tumour of delisting from ASX and the transfer of all Australian assets being moved to the US, basically a company view that a US mine's main listing in Australia was at odds with the new mine which will be re-opening.
I am so confident I can easily say I will be holding to production.
I am under no illusions that the markets could crash , especially in the US with current political termoil and covid on top. The raising of funds WILL HAPPEN and yes there will be dilution a lot.
However, it basically comes down to taking the hits when the market or share prices rolls and what you value the mine once open to be valued at ?
These prices are cheap. My comparrison would be NEL was NK4.00 then moved to NK8.00 and this was the momentum I was wanting to see, believed in my research for demand hydrogen or demand for lithium mined directly in the US ( I cannot say strongly enough the advantage that ROCK spodumene with historic mining , production and previous results holds within the US investment environment especially now that renewables are on a decade new boom ). I am not one but worried that the total CAPEX will be around the $500m mark. That is quite low for rock mining and this will be open cast, so they will keep unexpected costs down and also greatly remove any nasty surprises.
Plenty of electrictiy, water, infrastructure and 10-12 Gigafactories ALL wanting lithium, many of which will have the extra cost of buying in often lower grade lithium to make batteries in the US.
Tesla putting in an order for 30% of first production and the mine is not open nor has even produced a PFS let alone a DFS , shows ( just like I have been saying ) ULTIMATE confidence in the quality, volume and high grade in ground and all the infrastructure to boot.
China has carp lithium , process a lot, but has carp grades and has to import it mostly from Australia mega mines, Africa where electricity, water droughts and politics are certainly much worse than in the US.
Even the great lithium brines of South America are 12-18 months and rely upon the weather and extetnal factors. However, China rules the lithium EV battery chain ! Even the extra costs to get good grades , they can do volume to make up the difference.
With Piedmont 100% owned so partners or JV's to come , due to open within 24 months , that should make those US battery factories be slobbering for that lithium ROCK.
You will read about clays and other lithium with impurity all of which cost more to clean up, remove impurity, process to hydroxide grade level all very high bars to entry.
Well Peidmont already can prove its quality after decades of supply.
Please do you own research. Piedmont Lithium is literally rock solid.
I hold Standard Lithium based in Arkansas, using lithium brine ( similar to the lithium brine fields in South America ) BUT they are in JV with Laxness a tech spin off from Bayer Industrials 24/7 operation 36 hours to process not 12
Yes, bought in about 4 months ago on the tumour of delisting from ASX and the transfer of all Australian assets being moved to the US, basically a company view that a US mine's main listing in Australia was at odds with the new mine which will be re-opening.
I am so confident I can easily say I will be holding to production.
I am under no illusions that the markets could crash , especially in the US with current political termoil and covid on top. The raising of funds WILL HAPPEN and yes there will be dilution a lot.
However, it basically comes down to taking the hits when the market or share prices rolls and what you value the mine once open to be valued at ?
These prices are cheap. My comparrison would be NEL was NK4.00 then moved to NK8.00 and this was the momentum I was wanting to see, believed in my research for demand hydrogen or demand for lithium mined directly in the US ( I cannot say strongly enough the advantage that ROCK spodumene with historic mining , production and previous results holds within the US investment environment especially now that renewables are on a decade new boom ). I am not one but worried that the total CAPEX will be around the $500m mark. That is quite low for rock mining and this will be open cast, so they will keep unexpected costs down and also greatly remove any nasty surprises.
Plenty of electrictiy, water, infrastructure and 10-12 Gigafactories ALL wanting lithium, many of which will have the extra cost of buying in often lower grade lithium to make batteries in the US.
Tesla putting in an order for 30% of first production and the mine is not open nor has even produced a PFS let alone a DFS , shows ( just like I have been saying ) ULTIMATE confidence in the quality, volume and high grade in ground and all the infrastructure to boot.
China has carp lithium , process a lot, but has carp grades and has to import it mostly from Australia mega mines, Africa where electricity, water droughts and politics are certainly much worse than in the US.
Even the great lithium brines of South America are 12-18 months and rely upon the weather and extetnal factors. However, China rules the lithium EV battery chain ! Even the extra costs to get good grades , they can do volume to make up the difference.
With Piedmont 100% owned so partners or JV's to come , due to open within 24 months , that should make those US battery factories be slobbering for that lithium ROCK.
You will read about clays and other lithium with impurity all of which cost more to clean up, remove impurity, process to hydroxide grade level all very high bars to entry.
Well Peidmont already can prove its quality after decades of supply.
Please do you own research. Piedmont Lithium is literally rock solid.
I hold Standard Lithium based in Arkansas, using lithium brine ( similar to the lithium brine fields in South America ) BUT they are in JV with Laxness a tech spin off from Bayer Industrials 24/7 operation 36 hours to process not 12
https://v-er.com/
An example of lithium mine. VUL , I do not hold but their PFS pre feasability study comes out tonight in Oz. Piedmont are starting this process and are the US version to this EU version. 'slightly' like for like buy piedmont has all the previous mining done from the 1950-1980's lithium mining already mined. Nail on results for Piedmont they have most of this pfs data at hand, its only the extension of a 2 seams which they are testing which is why they will be looking at production within 2 years. Thats fast. With Mr Musks Tesla already buying 30% of advanced production its a no brainer with US saying lithium is critical.
Hope this helps, came out overnight in Oz for Vulcan.
"are looking to tap offshore wind energy to produce hydrogen, once it lands onshore. Together with partners Everfuel Europe, NEL Hydrogen, GreenHydrogen, DSV Panalpina, Hydrogen Denmark and Energinet Elsystemansvar, Ørsted has DKK 34.6 million funding for the construction of a 2MW electrolysis plant powered by Ørsted’s two 3.6 MW offshore wind turbines at Avedøre to produce renewable hydrogen for buses, lorries and potentially taxis. It’ll also look at hydrogen storage."
Good luck sharpeye.
https://www.hl.co.uk/shares/shares-search-results/n/nel-asa-nok0.20
I take it back ? HL are wrong ?
https://live.euronext.com/en/product/equities/NO0010081235-XOSL/overview
God knows. I will wait for news ! Doh.
No idea why lse has this marked as down ? Bag of old spanners on here along with trades that are marked wrong ie buys that are sells and sells that are buys.
Its rubbish on here for price data.
Sorry for off topic here. Toneman please see.
https://www.hl.co.uk/shares/shares-search-results/n/nel-asa-nok0.20
NK34.75 Oslo Bors.
No idea why this bag of spanners can't get near the actual trading price in Norway.
US development will come and soon imho from what I've read recently.
California based too.
Just out !
Press release, 11 January 2021
Raufoss, Norway - Committed to driving energy transformation, Hexagon Ragasco - a Hexagon company and world leading manufacturer of LPG composite cylinders - unveiled today a ground-breaking, next generation LPG smart cylinder that communicates with both users and LPG distributors.
Building on its track record of innovation, Hexagon Ragasco has brought the LPG cylinder into the digital age, developing an “Internet of Things” (IoT) offer that enables the connection of Hexagon Ragasco’s LPG composite cylinders to consumers’ mobile phones - as well as to the IT systems of LPG distributors.
The technology allows users to have full control of the remaining gas level of their cylinder and therefore prevents usage disruptions in their domestic (cooking and heating) or leisure (barbequing) activities. Furthermore, it enables LPG distributors to tailor their stocks and supply logistics based on real-time data.
“Hexagon Ragasco is positioning itself to become the leading global supplier of smart, connected LPG cylinders,” says Skjalg S. Stavheim, President Hexagon Ragasco. “Our next generation smart cylinders speak to you. They let consumers know exactly how many minutes of cooking time is left and when they will need to order a refill. Our smart composite cylinders also give the LPG distributor insight into consumer-usage patterns, allowing optimized logistics and improved fleet management. We are confident our smart cylinders will have a steep adoption rate.”
Driving energy transformation
A significant part of the world’s population is reliant on LPG as a cleaner and healthier energy source for cooking and heating. For consumers, unexpectedly running out of their primary source of energy is a significant inconvenience. For LPG distributors, having the right size stock to meet customer demand is essential to avoid costly out-of-stock or over-stock situations.
The Hexagon Ragasco smart composite cylinder is based on battery-less sensors powered by energy harvesting technology. The smart cylinder collects data via IoT sensors and transmit those data to consumers phones and central cloud database.
Timing
Hexagon Ragasco will be conducting Smart Cylinder onboarding pilots throughout 2021. The commercial launch and scale up of the product is scheduled for 2022.
TM, no i am not in plug or ballard or cummins. Tbh a bit worried about the US political situation thus my trust in Scandi and the moderate views they generally hold.
For a small country their reach is pretty wide.
Toneman. No problem. On furlough again, so trying to get to the bottom of why NEL , HEXAGON & PURUS have all flown on little news.
It is amazing when you start looking just how interwoven the hydtogen sector is. Pretty much it looks like project by project basis rather than a simple NEL will always get business from Engie or Repsol or BP or Yara.
I call myself out for often feeling gutted that another company won a contract for a project, but I have to keep myself in check !
Example. The Iberdrola Fredericia project to put a hydrogen supply chain across Spain...in itself I think its mind blowing and could probably take all NEL's electrolysis capability itself. I am and should be happy, but have to relax regarding just how much NEL could win but put too much pressure on itself ?
"If" Nikola say tomorrow, as you were, we want our 445 electrolysers by the end of 2021, could NEL do anything else in that time but supply , ship, install and service all those stations ?
"If " NEL do produce 166 electrolysers per day just in the opening 3 months, imagine when they add the 4th operation line @@. 2GW per year is a hell of a lot of product.
Have a look at Stratkraft deal for the steel mill in Norway.
Sounds boring ? Yawn ! Not sexy. People would be wrong.
In my opinion, once this is proven watch the contacts come out and start ordering.
Yara ferterlisers. I mean I haven't ever thought about ammonia until 2&3 months ago and the deal with Yara was done 18 months ago.
The deal with Yara to convert the Norway ammonia plant again in my honest opinion is the trial plant for a whole other sized mega project in Australia in the Pilbara. Once the Norway project works, then watch this space for mind blowing Australian hydrogen project that would be 100x the production of the Nikola Corp contract. As everything in is in Australia, it is scary huge and export potential to Japan, China, Asia in general , even India and Africa from the North Port of Australia. There will be many other h2 companies who supply the mining industries there and the hydrogen transport system, which could be a supply target from the Yara Pilbara ammonia factory? It is so big.
Obviously its about time now and hopefully the board stay in place for 5-10 years keeping the stable forward thinking process they seem to naturally operate. No gobbing off about how great they are, just head down, walk the walk not talk the talk.
I have highlighted a fraction of the possibilities above.
Anyone who has time, scrole back a few pages ( probably a good 10 pages here ) and you will see many more deal that have been done and it is waiting time to see them come to supply and production.
NEL is not a short term investment and other world issues may bring it down at times. If so it would be an opportunity.
I am a genuine investor here for the long term I hope. NK 8.00 , I could be keeping quiet and selling, but no. I bought as I said last week ( after Tyson tip ) £5,000 at NK3
Dolphyn
The Dolphyn project, led by Environmental Resources Management Limited (ERM), is looking at green hydrogen production at scale from offshore floating wind in deep water locations using seawater. The hydrogen would then be piped directly to shore. The concept consists of a large-scale floating wind turbine (nominally 10 MW) with an integrated water treatment unit and electrolysers for localised hydrogen production. They’ve got £3.12 million UK Govt funding under the Hydrogen Supply Competition Phase 2 round to do detailed design of a 2 MW prototype system, with a view to making a final investment decision on a 2MW prototype facility by March 2021. The development plan for the project has a target date for the operational start-up of the 2MW prototype facility by summer 2024. A full-scale 10MW, pre-commercial facility is planned to follow by 2027, with full scale commercialisation shortly afterwards. Read more here. Early July 2020, Specialist hydrogen company Nel and South Korean multinational conglomerate Doosan were announced as partners on this project. September 28, ERM revealed it’s location for the 2MW and 10MW demos will be off Aberdeen, within the Kincardine offshore wind farm, and based on a design similar to that used at that site.
If a set of 10MW turbines were deployed on a large 4GW wind farm, as ERM eventually plans, the cost of production could drop from £3.50/kg down to £1.50/kg by 2045. To give an idea of the overall scale, the 10MW will produce 900 tonnes per year, the 100MW will produce 9,000 tonnes/year and a 4GW (20 x 20 10MW turbines) would produce 360,000 tonnes/ year. ERM estimates a total of 28 such 4GW wind farms could produce enough to totally rid the UK of its gas requirements. "
More on Yara & Ammonia Hydrogen in Norway.
https://www.greencarcongress.com/2020/12/20201220-yara.html
YARA Ferterliser to create hydrogen shipping fuel from Norway ammonia plant.
https://www.offshore-energy.biz/yara-to-produce-
shipping-fuel-from-co2-free-ammonia-plant/
Toneman - I hope I answered your question with the article.
India Hydrogen - LPG company under Hexagon.
http://www.hexagonragasco.com/
Good deal in Argentina.
Great US HYDROGEN exposure.
https://agilityfuelsolutions.com/why-hydrogen/
Not sure sharpeye. I got around £880 approx. Without looking. I decided , if I got any in the first place it was a bonus so haven't really looked much beyond making sure both Hexagon Composites and Hexagon Purus make forward moves to keep the sp rising.
Deffo doing that so the free purus shares are just a treat.
I will just let them roll.