In yesterdays Fin Review article, Stephen Hunt is quoted as follows;
“It’s the tail of the company that could well turn into the dog,” says Sparc executive chairman Stephen Hunt.
This is very relevant when you consider that Sparc was floated with a number of potential graphene related revenue streams, primary of which is their Coatings technology (in particular, for marine useage)
And suddenly, they are in bed with Twiggy, and off at a tangent with ULTRA green hydrogen technology.
The update of the Techno Economic Assessment (TEA) was announced yesterday and this time Stephen Hunt is quoted as follows"
" Developments with the project continue to be very positive on a number of fronts and in particular in relation to the economic benefits that this game-changing technology may deliver."
Well if this is not enough to excite the market about the financial benefits of Ultra Green Hydrogen ???? just bear in mind that they are targetting a cost of sub $2.00 per kg of hydrogen.
The TEA is due to be released THIS QUARTER - we dont have too long to wait
SPN Price at posting:
93.0¢ Sentiment: Buy Disclosure: Held
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