Ann: PH2 to acquire Stake in Hydrogen Fuel Cell Company H2X, page-3

This is a wise move that expands the range of products and services from hydrogen production to improving access to hydrogen fuel cell expertise; development, sale and support of vehicles (some of which look to be near commercial release), and the creation of hydrogen fuel dispensing stations. Added to the announcement was an indication of future plans to add partners to assist development and commercialisation of their end-to-end hydrogen ecosystem solutions. I like that they have started on ‘back to base’ trucks and busses, which allows for localised infrastructure to be built first to iron out any issues and develop credibility in their hydrogen solution.

The next step is a national solution for intercity truck and busses, and who knows after that - supporting other transportation systems such as those that use trains, ferries, hips and aeroplanes.

An H2X link here: https://h2xglobal.com , who are preparing for an IPO in 2022. This could raise the value of PH2 as a cornerstone investor quite significantly.