It has a long way to go but since each H2 project is tied to a contracted volume this limits risks so long as execution doesn't get in the way.
Any thoughts on this company?
Note the symbol is now CH. Also, because it was just a 4-cent stock six months ago note it is not one we know very well at this time. But it is certainly getting some notice with a 640% one-year gain. It has minimal cash, minimal revenue, losses and negative cash flow. Insiders own 25%. It focus is on modular, scalable green hydrogen plants connected to renewable grids (notably Hydro‑Québec), aiming to supply industrial users shifting from gray hydrogen. It plans a Parallel build‑out of an industrial gases platform (including bulk hydrogen and specialty gases via partnerships) to diversify revenues ahead of a full hydrogen ramp. Its long term roadmap includes up to 16 production facilities across North America by 2030, using containerized electrolyzer systems sized in 2.5–10 MW increments for phased capex. It is interesting, but expectations are very high here. It is going to need ongoing capital, and we would like to see real revenue and not just a pilot output. We would consider it too risky for a general endorsement.