Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I purchased through Barclays.
Happy Christmas Bashers, not that I can see what any of you say as I filtered you long ago. no longer amazed by how much time you all spend on here bashing away. rather sad really. there is a whole world out there and you only get one life so go and live it postively as opposed to negatively.
Just use the filter button.
LSE RNS
21 December 2022
Hydrogen Utopia International PLC
(the "Company" or "HUI")
Admission to Trading and Dealings Delay
Hydrogen Utopia International PLC, a company specialising in turning non-recyclable mixed waste plastic into hydrogen and other carbon-free fuels, new materials or distributed renewable heat, regrets to announce that the admission ("Admission") of the Company's entire issued share capital to the Official List of the Financial Conduct Authority by way of a ?Standard Listing under Chapter 14 of the Listing Rules and to trading on the London Stock ?Exchange's Main Market for listed securities, which was due to take place today, has been delayed for highly technical reasons arising from the interaction of the rules and regulations relating to the Main Market and AQSE rules. The Company is working with its advisers and the FCA to resolve the issue, explained below, as rapidly as possible and anticipates that it will be able to announce a new Admission date very shortly.
Page 9 of HUI's prospectus dated 15 December stated that "The Company's securities are currently traded on the Access Segment of the Aquis Growth Market ("Aquis")...". As a result of discussions with Aquis and the FCA since the prospectus was published, it has become apparent that HUI cannot retain that Aquis listing once Admission has taken place. HUI has therefore been requested to publish a supplementary prospectus ("SP") making it clear that it cannot retain that Aquis listing and explaining the implications of that in advance of Admission. HUI will, however, retain the Aquis listing until Admission occurs.
The process of preparing the SP is well underway but finalisation of the Admission date will be dependent upon approval of the SP by the FCA before Admission can occur. The Directors of HUI anticipate that the SP approval process should be rapid, but it is of course dependent upon the availability of personnel given the imminent holiday season.
The Directors of HUI strongly regret any inconvenience this delay may cause existing or potential investors, which has arisen due to circumstances beyond their control and is not a reflection of any business or commercial issue in relation to the Company.
The directors of HUI accept responsibility for this announcement.
For more information about the Company, please refer to our website: www.hydrogenutopia.eu
The HUI Shares can only be traded on the main market after they are no longer tradeable on the Aquis Exchange.
I realise the shares are traded on the aquis exchange and that the trading was being enabled on the main market but just not sure of any implications of the shares not being tradable on both exchanges..
RNS - Admission to the main market has been delayed until the Aquis listing is sorted as the shares cant be traded on both. Have to admit for looking for this information in the prospectus but couldnt find it and assumed the shares would be transferred across given the number of shares in issue looked to be similar. Not sure if the shares are transferred across now so will need to await the prospectus.
Hi MJA, interesting thoughts on the FOAK which I wouldn't be inclined to disagree with. I couldn't see the size of the plant proposed for the GTIC anywhere other than bigger and more representative of commercial plant than the current set up. Very interesting.
Another piece of good news. In advance of trading on the main market in London on Wednesday HUI are trading on the Frankfurt Exchange commencing today. GLAH
Great News
Thanks Bob. Much appreciated.
I will look at joining the Telegram Group.
I do laugh at the team of bashers we have on here which I see via a series of green boxes. They spend a lot of their life pedalling absolute garbage on these boards and PHE is still going. What a way to spend your life looking for negatives. Go and do something useful, go and do some charity work. Get a life. You only get one.
Just in case anyone is looking AFC are not listed as a winner in the Energy Transition technology of the year section for 2022 which went to Syzygy Plasmonics. Great getting to the final though and a good networking opportunity.
Most of the usual protagonists out in force pedalling negativity. Wouldn't surprise me in the slightest if most of them hold no shares.
New CEO - RNS out. Thought worthy of a new thread. Looks positive to me.
Great news on HS2 Deployment this week. AFC seem to have their strategy just right. I saw all the discussion on Geopura and thought this was worth posting. Would like to think AFC are ahead of the game with the ammonia cracker. Am going off memory though.
Siemens Energy, Fortescue Future Industries (FFI), and GeoPura have begun work on a £3.5m ($4.17m) ammonia cracker prototype to produce green hydrogen at industrial scale in Newcastle, UK.
The consortium has said the system will be designed to deliver high-purity hydrogen, suitable for PEM fuel cell use, using FFI’s Metal Membrane Technology (MMT) purification process, which selectively filters hydrogen whilst blocking other gases.
With ammonia offering a high density, readily transportation and storage option for hydrogen, it is hoped the cracker and MMT, if successful will allow green hydrogen to be recovered without releasing carbon emissions, to be used for mobility and off-grid power applications.
GeoPura is set to use the hydrogen produced from the project to supply its off-grid Hydrogen Power Units (HPUs), to provide zero-emission power. This month (November 2022), the company announced its 250kW HPU powered a three-month maintenance outage at a Uniper natural gas plant in the UK.
Lets not forget they easily raised the money they have so must be doing something right. Glah
Great find doc. Very interesting indeed.
Draft consultation proposals include:
• Training support to reduce plant idling and an industry fuel-saving ‘tournament’
• Developing a catalogue of diesel-alternative plant and efficiency tools
• Support to develop hydrogen as a fuel source
• Development of checklist to support sites transitioning to electric plant
• Work to improve availability of grid connections to sites
• A target to remove diesel generators from sites
Yes Seg they have our best interests at heart. How jolly decent of them to give us their advice and all gratis.
Everything lining up nicely.