That's an absolutely fair point and I could have worded better. I am speaking specifically to the SBC, since it dropped 25% from 22 to 23 and another 20%, i think, from 23-24.
When can we expect to see 1st molecule of hydrogen produced? I tracked the last two years' press releases and found that management is consistently late. It is overpromising for dates continuously. Grid connection was completed in March. I am not sure what the delay is here, and why? Seems their technology is only in books, not commercially viable. Pls let me know if I am missing anything. Are there any plant tests, safety checks, or regulatory approval/compliance still left?
I am just confused what is stopping production now. They were saying all is ready, just need grid conneciton and nwo grid connection is there for more than 100 days, but no reports.
They are always late, which is why when this 6m USD market cap company got 50m USD in non-dilutive financing, the stock price didn't really move. Everyone is in show me mode. As for what is stopping production, I'm pretty sure they don't have the electrolizer yet. I'm going to inevitable the CFO again. Email me any questions you want asked penny@8digitspeedrun.com
I like your stuff but that's a definition of EBITDA not adjusted EBITDA which can cover a hell of a lot more than just SBC and mostly does to flatter income statements
That's an absolutely fair point and I could have worded better. I am speaking specifically to the SBC, since it dropped 25% from 22 to 23 and another 20%, i think, from 23-24.
Great coverage but $lode didn't make the cut?
I'm still holding, there is a timeline & margin theme with these ones.
Thanks for your coverage of green hydrogen.
When can we expect to see 1st molecule of hydrogen produced? I tracked the last two years' press releases and found that management is consistently late. It is overpromising for dates continuously. Grid connection was completed in March. I am not sure what the delay is here, and why? Seems their technology is only in books, not commercially viable. Pls let me know if I am missing anything. Are there any plant tests, safety checks, or regulatory approval/compliance still left?
I am just confused what is stopping production now. They were saying all is ready, just need grid conneciton and nwo grid connection is there for more than 100 days, but no reports.
They are always late, which is why when this 6m USD market cap company got 50m USD in non-dilutive financing, the stock price didn't really move. Everyone is in show me mode. As for what is stopping production, I'm pretty sure they don't have the electrolizer yet. I'm going to inevitable the CFO again. Email me any questions you want asked penny@8digitspeedrun.com
I like your stuff but that's a definition of EBITDA not adjusted EBITDA which can cover a hell of a lot more than just SBC and mostly does to flatter income statements
Somehow my response is at the top and not under your comment