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Bullboard - Stock Discussion Forum Charbone Hydrogen Corp V.CH

Alternate Symbol(s):  CHHYF

Charbone Hydrogen Corporation is a Canada-based green hydrogen company. The Company is engaged in the production and distribution of green hydrogen, produced from renewable energy. The Company’s green hydrogen is produced by electrolysis, using exclusively water and hydropower. It delivers compressed hydrogen in a variety of sizes. It also provides personalized customer service. The Company has... see more

TSXV:CH - Post Discussion

Charbone Hydrogen Corp > The Issue - Funding the Acquisitions
View:
Post by schocor on Jan 20, 2023 4:29pm

The Issue - Funding the Acquisitions

Does this company have enough money to buy the Northwood assets for $3.6M? If not, is anybody worried abuot the next equity raise? 

I see the last issue - expires today - was at $.12. I am curious to see how much they were able to raise. 

I believe I am lookoing at 3 rounds of funding since the reverse takeover; 40 cents, 20 cents, and 12 cents. 

ALso - does NOBODY know what is happenidn with that hydrogen plant in Tracey-Sorel? Is it being built, who owns it, revenue projections....literally anythign yuo can provide on that woudl be helpful to me as I do my deep dive on CH. 

Thanks and have a great weekend all (even goldy and martindale)
Comment by AleBib on Jan 22, 2023 1:38pm
Hi, at this time nothing is build in Sorel Tracy, only clean land with a sign. Same thing since a couple of month.
Comment by Patrick2Linton on Jan 22, 2023 4:47pm
The sign says "Goldy was Here" Gracias. Tik tok. Grinnnn. Cheers mate
Comment by schocor on Jan 23, 2023 11:10am
Thanks for passing this infro along. The comapny calls for the facility to be open in Q1 of 2023; this is sounding unlikely based on your description of the site. 
Comment by LisaLT on Jan 23, 2023 5:25pm
Did you check this up in person? So basically nothing happened since last June when they took the picture with the first shovel? I'm struggling to understand their plan of action. Legault is desperate to give money for green hydrogen in Qc, but they seem to be more obsessed by buying hydroplants in the US.  
Comment by schocor on Jan 23, 2023 5:34pm
This is a concern for me as well. The "green hydrogen" strategy this comapny seems to have been financed on, seems to have morphed into a "buy some little hydro-plants from a Canadian-Family" strategy.  Now I am not saying there is anythign wrong with that - or right with that - but.... well sometimes changing a strategy means you never had a good strategy in the first ...more  
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