Post by
TruthSeek101 on Mar 16, 2022 11:36pm
No Brainer?
Not only is JEV's hydrogen boiler business getting early adoption from major companies in liquor, dairy and food manufacturing, they still own their oil and gas leases in Oklahoma from the old Jericho Oil/JCO days, which are producing with low decline rates, according to their latest filings. This equates to signifcant cash flow annually at current oil prices. IMHO, it makes sense accumulate while others panic and bail. I do not know of another Canadian-listed H2 company with an underlying, revenue generating hydorcarbon business to support growth.
Comment by
oldmilwaukee24 on Mar 17, 2022 5:32pm
Agree, however, would be nice to see something from the company. Clearly some serious selling pressure the last few days. Need something to turn this ship around. Corporate update? Tough to watch lately.