The Hydrogen economy has arrived and many companies are working on economic production, storage and distribution of emissions-free Hydrogen. Methane contained in natural gas is a critical input to the most common hydrogen production methods, and PH2’s combination of gas ownership and strategies to capture value-add in conversion of gas to Hydrogen, is unique on the ASX. PH2 gas projects alone are undervalued compared to peers, with the Hydrogen business a free option with huge future upside potential. We estimate fair value for the gas at 47c, with the hydrogen business potentially separable and worth another $50-100m or 16-32 cps.
Official website: https://purehydrogen.com.au/
ASX on Hotcooper: http://hotcopper.com.au/asx/PH2