PGY 0.00% 2.2¢ pilot energy limited

Well, I have been busy and not posting for a while but let me...

  1. 543 Posts.
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    Well, I have been busy and not posting for a while but let me help you poor bunnies in the headlights before you go wasting any more of your hard earned shekels on this waste of time.

    For those of you who don't remember Wind Hydrogen Limited, they were building wind farms to produce electricity in the day and hydrogen at night. They went into administration and their projects were land based.

    The problem is the economics.

    There is no need to build a wind farm to produce hydrogen. If the cheap electricity, produce hydrogen model works, you can already buy electricity at night for less that $0.01 per kwh. You don't need to build a wind farm to generate "free electricity". In fact, the electricity is not free because you have to pay for the infrastructure, via depreciation expense and funding costs.

    Wake up and smell the coffee, do your own research, but please don't waste your breath trying to tell me there is a commercial case for this project.

    I'm posting this because I have a lot more experience with this than you or the board of Pilot for that matter.
 
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