Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Oil will slowly decline over a long time... So the experts say... As such 88e is a good play, if you believe in oil.
The replacement will IMO likely be a mix of FCEV (fuel cell - hydrogen) and BEV (battery) vehicles. Hydrogen solves a lot of the issues of "charging time", weight, familiarity of refuelling, etc.
Shell is powering ahead with another acquisition in the "green energy" space... The first time Shell invested in this company was May 2018, however they have now decided to take 100% control... https://www.ft.com/content/12f343d6-3100-11e9-8744-e7016697f225
A few good references to the UK and even the Keele University project... Released January 2019... https://www.fch.europa.eu/news/hydrogen-roadmap-europe-sustainable-pathway-european-energy-transition
Another alternative to Alstom... https://www.theengineer.co.uk/vivarail-hydrogen-train/
So across both stages, we've got at least five of the nine new HRS... I wonder who will be supplying the two to the Tees Valley project. We've certainly been working with the Northern Gas Network lot, in that part of the world.
With AIM shares, there are always people there to trade the bumps and bounces... I think there is a lot of that going on here, as with all other shares. The uncertainties of the economy, Brexit and even rumours of a recession are all part of a traders dream.
Bilbo makes a very good point about nuclear. There is a lot of potential for hydrogen and renewables to fill this void. All it takes is for the government (or the market) to take one or two turns and suddenly hydrogen is the next biggest thing.
On a side note (but related), I'm not sure if everyone saw the article last week about the additional salt caverns being brought online for gas storage... You couple this with some of the hydrogen work going on and things could get very interesting very quickly... https://www.theguardian.com/business/2019/jan/13/salt-caverns-double-uk-gas-stores-cold-snaps-beast-from-the-east
For me, this is a good medium to long term bet. As always there is risk, but one I'm happy to hold in (and keep adding to) my portfolio.
No mention of ITM, but a lot mentioned about hydrogen on the Orkney Islands... https://www.theguardian.com/environment/2019/jan/20/orkney-northern-powerhouse-electricity-wind-waves-surplus-power-hydrogen-fuel-cell
Same old rubbish from CH and co at the top... Give us more money and promise more jam... Unfortunately I've lost all hope with this share. The few I have are in that bottom drawer, probably never going near 2p (my breakeven) ever again.
Pushing for the larger projects certainly makes sense in the short term... The factory and staff numbers are clearly hurdles to achieving this.
In terms of the HRS, this is certainly a pie worth keeping a finger in. I'm certainly less excited by opening of HRS, but good to see we have a few more lined up to open this year. Projects like the Birmingham bus project, Green Tomato, the Met Police, etc make sense and certainly an area where we should be pushing more. The "captive fleets", whether it is cabs, buses, trains or lorries is where hydrogen is going to take hold in the short term... Cars in the general population will follow at a later date IMO.
I'm rather intrigued that our prototype development costs are so high. In the 6 months we've almost spent as much as we did in the 12 months to April 2018. Surely with near modular units, the amount of new engineering development should be reducing... Just my tuppence.
For me, I still see this as potentially a lucrative medium term play. However as Seaangler says, we only need one RNS and things can change rapidly.
GLA
Spud in mid February... Not long now!! GLA
Nice picture of an ITM HRS at a Shell... Would have thought they would have used theirs / a McPhy unit... I do like the RiverSimple way... The blog seems to suggest they will be sticking with the Abergavenny model for HRS.
IMO it is someone writing with an agenda.... Japan are pushing the hydrogen economy hard and if the 2020 Olympics plan (my post a few days ago) is implemented, Japan will be demonstrating to the world the way they are going with hydrogen.
It is great to see Japan pushing hydrogen as an alternative fuel at the 2020 Olympics... Transport, as well as fuel for the relay torches, cauldron and powering the Olympic Village... http://www.the-japan-news.com/news/article/0005444199
A week old, so sorry if I'm reposting. Looks like Nikola did well on their third fundraising round. They are planning to start fleet testing in 2019. https://www.trucks.com/2018/11/15/nikola-tops-200-million-fundraising-goal/amp/
McPhy and NEL are more serious competitors in the UK in my opinion... Siemens are too big and not nimble enough for the market that is unfolding. Of course, that assumes others (like us) take advantage of the situation and aren't asleep at the wheel either. Of course, that is also only my opinion.
Not sure if this article is linked to what Andy shared or not... https://www.theguardian.com/environment/2018/nov/22/uk-hydrogen-heating-2050-emissions-targets-gas-boilers-electric-climate-change
The fuel markets only need that 'plastic straw' moment to happen and alternative fuels will rocket.
I know I'm preaching to the already converted with this one... None the less, some interesting figures in the article... https://www.energyandcapital.com/articles/hydrogen-fuel-cell-technology-is-just-now-taking-off/6584
A beautiful piece ok equipment... Imagine if AB Inbev repeat their US order... https://www.cnbc.com/amp/2018/11/06/nikola-motor-unveils-hydrogen-powered-truck-tre-for-europe.html
Very lovely... :-)