Australian (ASX) Stock Market Forum

H2G - GreenHy2 Limited

(APR 14 - 2016) Looking very good. Today seemed like a breakout out and could run further...

No that was about the top, mostly down hill from there, support line on the 10 year chart lines up nicely, the business is just
emerging from transition, MC of 16M revenue around 40M. The last dividend was paid in 1997 - been a lean couple of decades.
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On November 14th, 2022, Tempo Australia Limited (TPP) changed its name and ASX code to GreenHy2 Limited (H2G).
 
Renewable Energy and Solid State Hydrogen Storage

Tempo Australia (GreenHy2), is commercialising the next generation of Stand Alone Power Supplies using Solid State Hydrogen Storage Technology that will provide Australian electricity networks with a 100% Renewable Fraction, Off Grid, Safe and Reliable renewable energy solution.

GKN Developed the first Commercial Solid State Storage System for Hydrogen with Integrated Electrolysers and Fuel Cells. The robust system generates green hydrogen from 100% renewable energy sources, storing it compactly and safely in metal hydride for reuse when there is no generation.

Tempo have been working with GKN over two years to provide a fully compliant solution to the Australian market. This included Design of the integrated system to meet 100% off grid capability being fed from 100% renewable fraction; is in full compliance with Australian electrical requirements, safety standards, HAZOPs and Fire regulations; has the capability to integrate into a local solar configuration; and, be compliant with a Government Utility and National Parks regulations and requirements

Market cap $12 million. Cash just over $1 million. Top 20 shareholders are 72%.
 
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