Eden Energy has excellent prospects and has a variety of interests in alternative fuels based on hydrogen technologies, geothermal, natural gas and also products and processes associated with storage and conversions.

The major component im interested in is the hydrogen products and in particular Hythane which is being rolled out in India where the Indian govt is promoting cleaner energy sources. The blending of natural gas and hydrogen produces cost savings as well as lower emissions. This combination of cost savings and lower emissions were a particularly important result which secured the tender to supply within India.

116m ords
36m options Sept 2009 ex @ 20c

current makt cap around $A49m excl. opts

Cashflow burn rate is relatively high so additional shares may need to be issued before options and income increases to cover out-goings

The company also intends to divest its geothermal assets into a new company Terratherma and complete an IPO. It also intends to divest its UK and SA gas interests into a new AIM listed vehicle. Eden will retain significant holdings in both new vehicles but will focus its resources on the hydrogen component.

There seems to be a PR issue with management but have not seen anything to understand why this might be the case

Eden Energy has the following interests
Hydrogen technologies
  • Hydrogen technology & patents for the use and storage of hydrogen both as a liquid and a gas
  • Hythane® - transitional technology for converting gas engines to run on hydrogen; major pollution reducing benefits
  • Cryogenic storage systems
  • Fuel Tanks, Fuel Systems, pumps, conversion kits
  • SMESS - Superconducting Magnetic Electrical Storage System
  • Hydrogen production - on-site hydrogen generation systems and supply solutions for industrial and consumer manufacturing processes and for transportation refueling applications
South Wales Projects
  • Coal Bed Methane
  • Abandoned Mine Methane
  • Conventional petroleum
Natural Gas
  • Arthur Hill Anticline - Mulgaria Sub-basin; Adelaide Geosyncline, South Australia
Geothermal Energy - deep heat mining for clean continuous power
  • Witchelina Project, located between Leigh Creek and Roxby Downs, South Australia
  • Renmark Project, South Australia
  • Moomba North Project, South Australia
  • Bollards Lagoon Project, South Australia
  • Mungeranie Project, South Australia
Hydrogen from Natural Gas Pyrolysis
  • Development of a cost-effective, low-temperature, CO2-free hydrogen production system
Promotional video on you tube
http://www.youtube.com/watch?v=9yqEHTiYxJo
latest board room radio on Hythane roll out in India
http://www.brr.com.au/event/46377
Broker coverage - london broker
http://www.edenenergy.com.au/pdfs/Ed...2020080220.pdf
lastest quarterly report including update
http://www.edenenergy.com.au/pdfs/AS...t%20200803.pdf

Looking to add to position

bear