JohnDe
La dolce vita
- Joined
- 11 March 2020
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These guys seem to be on the level. FMG's investment in hydrogen spurred my desire to get some hydrogen exposure so I found this company and have been watching them for a while and researching online.
It seems as though
1. Hydrogen is a powerful fuel, hence its used in rockets. Therefore may be useful for space exploration.
2. Electric motors and batteries are more efficient than fuel cells except in the case where a vehicle needs to make alot of stops and starts. Hence their development of hydrogen garbage trucks
3. Hydrogen is a clean and non toxic fuel which is plentiful
4. Hydrogen is tentatively being used in grid size power plants, in combination with gas
5. As a store of green power, I think, it holds more energy than current batteries therefore the transport (export) is more efficient than batteries. In other words its a way of exporting our sun and wind.
So these guys seem to be the little guy where FMG and others are the big guys going directly for export markets.
There is some solid reasoning to suggest that hydrogen has a place in the energy mix, probably not in cars but maybe somewhere in the future hydrogen tech will come to the fore.
I bought into it for 0.37 and consider it a bargain. But I'm not a stock broker or a scientist. I'm just another small time investor with very little experience. In fact this is my first real purchase and considering the recent movement might be holding it for awhile.
From my research, Hydrogen will be big for heavy industry - mining, shipping, long haul trucks, etc. Electric motors will have a broader range of uses, everything from private transport, goods transportation, recreational, and some use by mining industry and so on.
Electric motors are more efficient and battery technology keeps improving daily.
I am invested in both industries, but my biggest hold is in the EV side of things.
Electric motors makes vehicles substantially more efficient than internal combustion engines (ICEs). Electric motors convert over 85 percent of electrical energy into mechanical energy, or motion, compared to less than 40 percent for a gas combustion engine.