Chocolate 9 - "The Future Made in Australia" legislation and all the hydrogen financing looks great, including R&D tax rebates, from SPN/Sparc. I don't know how many other companies are in this space but doesn't seem many. Sparc have to be on the end of significant government funding. It's interesting in terms of Ecosparc there have been two announcements about testing the product, none of which include Fortescue/FFI. I'm still not sure what's happened to their 1 million dollars of funding for Stage 2 because it was part of the original agreement but hasn't been mentioned since.
The next 6 months will be pivotal for ultra green hydrogen / PWS so I'd urge patience and if nothing has progressed then maybe it's time to think of other options. We're all sitting on losses at the moment, given the share price has never been this low. Sparc have always wanted to go big, I think it's worth the wait but we all have difference strategies, views and responsibilities.
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