Pure Hydrogen Managing Director Scott Brown said: “We’re delighted to be advancing our funding initiatives through this new agreement which will provide an initial $125 million financing facility, enabling Pure to rent our hydrogen fuel cell trucks to our customers on competitive terms.
So Hire the prime-movers
Return (inc div) 1yr: -44.35% 3yr: 42.19% pa 5yr: 32.65% pa
Scott Brown
Scott BrownMANAGING DIRECTOR
B. Bus (University of Technology Sydney)
M. Com (University of New South Wales)
Scott has over 25 years’ experience as a Director and Executive in public companies. Prior to Pure Hydrogen Scott was instrumental in the listing of several companies including Real Energy and Objective Corporation (ASX: OCL). Scott was the CFO of Mosaic Oil, a public Australian company with an extensive range of oil and gas production and exploration. He was also CFO/Finance Director of Allegiance Mining Nl and Objective Corporation. He is also a non-executive director of H2X Global and Trisil Group, while also a member of the Institute of Chartered Accountants and the Petroleum Exploration Society of
( My Observation so oil / gas experts change to alternative energy / fuel )
Australia
Hon. Adam Giles
Hon. Adam GilesNON-EXECUTIVE DIRECTOR
The Hon. Adam Giles was the 10th Chief Minister of the Northern Territory and held office from 2013 till 2016. During his political career, Adam held the portfolios of Northern Australia, Major Projects, Economic Development, Indigenous Affairs, Transport & Infrastructure and Treasury.
As the head of multiple government portfolios, Adam initiated several major infrastructure projects, including the rollout of solar power to Indigenous communities and the establishment of the interstate gas pipeline between the Northern Territory and Eastern Australia.
Since leaving politics, Adam has held several senior corporate roles, including a long-term engagement with Hancock Prospecting, where he is currently the Interim CEO of Hancock Agriculture and S Kidman & Co. Adam is also the Non-Executive Chairman at ASX-listed Locksley Resources and Non-Executive Director of unlisted Norcliffe Mining Services.
The Pure Hydrogen HFCEV garbage truck will be supplied to Solo for an initial period of six months, with the option to extend up to 7 years. Solo will pay a rental cost of $82,500 i
PH2 : Market Cap ($M): 72
Return (inc div) 1yr: -44.93% 3yr: 46.85% pa 5yr: 30.60% pa
Have we got cash?
Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report:
Serowe-7 well (most recently drilled well): • NMR logging confirms presence of gas in the 35m of coal intersected in 3 seams. • Decision taken to progress to flow-testing
Collectively, this should enhance Botala’s: • Business case for a solar (PV) panel manufacturing plant in Botswana. • Development of its Leupane Energy Hub and Industrial Park. • Securing investment from Botswana-based funds.
Wealth Destruction chart below:
- PH2 executes agreement for Moreton Bay Hydrogen Hub
- Price Sensitive: Yes
Onsite logging is expected to be completed by 2 December 2022, with results and final report anticipated a week later.
(the remaining 30% of which is owned by ASX-listed Pure Hydrogen Corporation Limited pursuant to a joint venture agreement with the Company)
Joint Venture Ratio: CBM 70% with PH2 30%
Botala is an ASX-listed CBM exploration and development company focussed on developing production from its 70% owned Serowe CBM Project located in a high-grade CBM region of Botswana, and related early-stage renewable energy opportunities. Botala, as Operator, believes that there is a considerable opportunity to commercialise the project due to the demand for a stable power supply in Botswana. The remaining 30% of the Serowe CBM Project is owned by ASXlisted Pure Hydrogen Corporation Limited pursuant to a joint venture agreement with Botala
PH2 Return (inc div) 1yr: 50.00% 3yr: 84.69% pa 5yr: 48.69% pa
