Hydrogen Utopia International Plc - HUI - Share chat

Issues buying this on freetrade no issue biying in other platforms?

Simon Mann is the chairman!?!

Aside from that why would you invest in this rather than the tech provider (Powerhouse Energy)?

Despite believing in the potential for hydrogen I don’t see this being the technical solution without a lot of financial support - I can’t see that the gate fee from the plastics plus the value of the hydrogen/heat/electricity is going to outweigh the costs of development and running the process.

Many reasons will be happy to message you

HUI 20240103.pdf (331.2 KB)

Well worth a read

Market finally waking up on this

Do your own research but :eyes:

1 Like

Why has this been falling? It’s not raising cash. Ceo loaned them £3m late last year, non converting loan, and said this.

Aleksandra Binkowska, CEO of HUI, commented: “HUI is not just another lifestyle PLC. For me, it is a personal calling, driven by my deep belief in the necessity and profitability of this technology. Despite the many challenges we’ve encountered from the very start, my confidence in HUI’s success has never faltered. I understand that many of you, fellow investors, share concerns about the current market conditions - I feel them deeply. I want to reassure you that I am fully committed to ensuring HUI never falls into a dilemma of heavily discounted fundraises. To that end, I have stepped in to personally provide HUI with the necessary financial support, through a personal lending facility structured to minimise the risk of my shares leaking onto the market in any way, as they will remain in my name. This facility eliminates the need for any heavily discounted dilutive actions that have become a common theme in small-cap companies. The funds will allow HUI to continue on its fundamental path to build the first plastic-to-hydrogen facility, with the assistance of future revenue from the acquisition of 49% of Ohrid Organics.”