Its great to see we have finally reached this stage but i must admit I expected the market might have responded a bit more positively than it has - but I guess the entire market is still reeling from the uncertainty inflicted by Trumps tariffs
Nevertheless, this is a very important stage - we have our procurements finalised which means all the component parts are in situ with all necessary permits in place
Remember, and this is not to try and "dumb it down" too much, but the Pilot Plant Construction is more like an " assembly " exercise with not a lot of component parts involved.
The next step, the final assembly, and the ensuing test runs as proof of concept, WILL BE HUGE.
Where most other hydrogen technologies seem to be falling by the wayside due to not only high costs (circa $10 - $15 per kg) but further increasing costs due to overall rising energy costs, Sparc Hydrogen is in a category of its own and stands to "rock the world" with a per kg hydrogen price of close to, or perhaps even, less than $2
With multiple patents in multiple countries, and with a build solution that will be both portable and modular, this technology lends itself to having a very rapid take up rate by companys/countrys aligned to a hydrogen energy solution
Go you good thing !
SPN Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)