Member Info for ShearClass

topsharepicks, the value here is in having fast track access to dozens of SGN gas stations that can be rapidly converted into Hydrogen stations, it's all in last weeks RNS.

Ironic that you mention Ceres & ITM as they have no profit in sight either, but are valued at £2.4 & £3.3b respectively, that is 141 & 194 times the size of GTC. You clearly have no clue here & have simply seen a rising price and decided it looked overvalued. Enjoy watching the rise.

Yep there are ifs and buts, that's why it's a £17m tiddler vs something like PHE at £350m market cap (and zero revenues) that is a bit further down the road to strategic execution. H2 Green were only incorporated back in June 2020 so £1m + equity in the new venture + a public listing is a great start for them. Oh and their COO spent the last 8 years as head of strategy for the Scottish Government... You are on a hiding to nothing trying to talk this down, it's nothing but positives.

topsharepicks, see below from last weeks RNS, the below line is especially relevant as they are looking at 30 initial sites.

Market cap of £17m is incredibly cheap, so your wind up here will not work!

"Potential to generate 'multi million pound' annual EBITDA at each site"

"Getech option to acquire H2 Green

As part of this strategic partnership, Getech has negotiated an exclusive option to purchase H2 Green (the "Option") from Luke Johnson and Ian Spencer, the existing owners of H2 Green.

Technical, commercial, legal and regulatory validation work is currently being undertaken on behalf of Getech by expert third-party providers. H2 Green's strategy is structured around a holding company ("HoldCo") with multiple underlying site-specific operating companies ("OpCo"). Capital investment would be raised at the OpCo level, potentially from different sources, with H2 Green retaining a carried interest in the OpCo. Modelled project economics indicate that this strategy has the potential to generate 'multi million pound' annual EBITDA at each site. This model scales rapidly through the planned establishment of a regional network of hydrogen hubs, which could be further built out both nationally and internationally."

Yes, that'll likely come from SGN Commercial services who have an MOU with H2 Green, they had £37m on their balance sheet at last year end - a deal where they invest in GTC / H2 Green in exchange for equity in the new venture would make most sense.

It would be if it was an advisory firm, the justification is all in the recent RNS releases if you can read? H2 Green is the clue. Your comment sounds like an attempt to scare new buyers... E- for that effort

Yes, providing they deliver even minor progress towards the goal of multi million EBITDA per site during the course of 2021, I can't see this closing the year at less than £1, that would be a £37m market cap, which would still be just 12% of PHE's current market cap! The upside from here is incredible, I was lucky to buy the morning of the news - couldn't believe what I was reading vs the market cap at the time.

It feels as though the whole ecosystem is buzzing again, liquidity is flooding the market no doubt inspired by the events of the past week... It's a shame KR1 sold FunFair just when it was breaking out, but still a fantastic return & can be recycled into newer projects. Plenty of other legacy investments could be sold if Alt season really kicks off.

I post here every now and again because I find this company appalling. There have been several rampers who have spent the last couple of years trying to lure in new PI's with promises of a quick return to 20/30/40p, I remember a while back there were some who believed it could get to £3... based on nothing more than the words of DC.

Back in early December they raised the princely sum of £600k to be spent on developing an events based business in South Africa. When will the pandemic allow crowds back to events in SA? I'll be amazed if it's in 2021. So that placing will only just about cover DC's salary for this year, meaning another placing at 1/2p will be inevitable at some point.

This is heading in the same direction as 'Iconic Labs'.

Classy. A pathetic RNS that didn't attract a single buy is followed a couple of hours later by a PDMR sell notification. How much are they receiving for this model? I can't believe it's more than £10k, if it was then I'd be asking questions of the UK Environment Agency as this is tax payers money. £4.5m market cap looking expensive here, clearly Edward Diment thinks so & wants to cash in his shares at any price.

@Org30, was the Horby response to a twitter message you sent him? If so, any chance you could screenshot it and tweet?

I completely agree with you on this one Malik, the amount of small sells since yesterday morning has held it back and sent it into reverse now... my guess is the 100% rise attracted newbie traders who think they have done well in banking a small gain, or are panicking and selling at a loss. In a way I hope it comes back down to 20p so I can buy more - yesterday's RNS reinforced the message from Tuesday, that this company is pivoting to green energy & building a board to take it forwards. A great investment for the roaring twenties.

SGN Commercial Services own the gas stations at present, they also had £37m of cash on their balance sheet at 31/03/20. I did have a thought that they could ultimately reverse SGN into Getech + H2 Green and overnight you would have a mini ITM Power. The big unknown is what tech SGN have themselves. Certainly one of the most interesting small cap deals I've seen for some time.

H2 Green do have a website, the URL was even included in yesterday's RNS!

https://www.h2green.co.uk/

About us:

"Our hydrogen hubs will enable fuel users to kick start their transition to net zero."

"Working with existing infrastructure, we will replicate our approach in major centres across the UK."

"Combined, our sites will form the first full scale national network of clean hydrogen."

19% up today will do nicely, very happy to find this yesterday morning, finally in at the ground level on a green energy play.

Yep, second one today too. The drop was a shakedown to get shares - those selling at 27p have been mugged...

Could be a placing on the way for scaling up... price action suggests it's being shorted.

There are tons of gaps all the way back to 37p, very unlikely to get filled but the longer it goes without news the more chance of it happening...

Yes seemed like a no brainer - have been waiting for them to raise cash and this is too good a discount not to get involved. Can confirm it's not possible to buy straight to ISA / SIPP.

Extract from this mornings note from Fincapp is below, can you imagine where the share price would open if we received a $1.2b US government order!

"SNG001 is only the third product to have been included in ACTIV-2 (Lilly’s bamalinivimab in August and Brii Biosciences’ neutralising antibodies on 5 January), although we expect others to be added from time to time. The scale and complexity
of this trial should provide data that, quite frankly, SNG would have found difficult to achieve itself. Given Lilly’s drug received EUA approval on the back of Phase II data (BLAZE 1 trial) in November, prompting a $1.2bn (0.9m doses) order from the US government, the prospect of EUA on the back of positive data is real and near-term."

Nassimi, don’t think many will have done the 30 bagger, or if they did their initial investment would have been a tenner...!

https://www.abc.net.au/news/2021-01-20/qld-energy-class-action-filed-electricity-bills-federal-court/13074428

“The court action is being funded by LCM, an international litigation finance company that helps finance big cases.

About 40,000 people had initially signed on to the class action, but another 7,000 people have registered since the firm filed the lawsuit this morning.

Registrations to join the class action close at midnight on Wednesday.

The firm said it was the largest energy class action in Australian history.”