Close menu




May 3rd, 2023 | 07:45 CEST

Lose the German goggles and profit? Plug Power, Myriad Uranium, RWE

  • Mining
  • Uranium
  • renewableenergies
  • Hydrogen
Photo credits: pixabay.com

Drought in southern Spain, gloomy weather in Germany - that climate change will also make itself felt in 2023 is already apparent now, at the beginning of May. In view of climate change, some authors are already calling for an end to the pursuit of growth. But is that worth striving for, and can it even be implemented in liberal democracies? We shed light on the limits of cuts and where technology could make climate protection possible without cuts.

time to read: 3 minutes | Author: Nico Popp
ISIN: PLUG POWER INC. DL-_01 | US72919P2020 , MYRIAD URANIUM CORP | CA62857Y1097 , RWE AG INH O.N. | DE0007037129

Table of contents:


    Plug Power: "Degrowth" or Progress?

    The last ZDF political barometer showed that about half of the respondents feel strongly or very strongly burdened by climate protection measures. If supporters of the "degrowth" movement now call for an end to the pursuit of prosperity and economic progress, these people are likely to see their prospects dwindling even more. The current weakness of the Greens in opinion polls shows that renunciation has less and less of a lobby in Germany. If the federal government overstretches the measures for climate protection, this could ultimately foster an attitude of defiance in which more and more people reject even sensible measures. Already today, many people are skeptical about everything that representatives of certain parties propose - this is not good for objective political discourse.

    Instead of restricting people more and more and thus losing political support, the federal government should invest in progress or create framework conditions to make such investments worthwhile for private actors. The recent sale of Viessmann's heat pump business to the US shows that fewer and fewer players feel comfortable in Germany's regulatory framework. If this is compounded by an increased need for capital due to the high level of competition, family entrepreneurs from Germany prefer to pull out of the race when faced with such offers. The hydrogen business also remains capital-intensive and is also characterized by fierce competition. The Canadian company Plug Power has been struggling to finance its growth from its own business for decades. Now shareholders are up in arms and have filed lawsuits against management. The reason is several profit warnings in the past months and the statements made in parallel by representatives of the management.

    RWE: Forges hydrogen alliance

    Nevertheless, the outlook for the future remains rosy from Plug Power's point of view: sales are expected to double to USD 1.4 billion, and margins are also expected to increase. But is that enough? More and more traditional companies have also turned towards hydrogen in recent months. The traditional German company RWE also sees hydrogen as an energy carrier of the future and has launched the "GET H2" initiative. In addition to research institutions, BASF, BP and local public utilities are also involved. The aim is to link the entire value chain of the energy, industry, transport and heat sectors. For hydrogen companies like Plug Power or NEL, it is crucial to play a leading role in such initiatives. The competition from established industrial companies is fierce.

    Myriad Uranium: Promising project - Mini-assessment

    In contrast, there is hardly any competition in the field of nuclear technology. About 40% of the uranium produced worldwide comes from Kazakhstan. Even in the construction of nuclear reactors, suitable companies can usually be counted on one hand. Alongside Russia, China and the USA, France also stands for a nuclear industry that is still intact. Siemens is also still building nuclear power plants. While new nuclear power plants are hardly politically feasible in Germany, the situation is quite different worldwide. Even Japan is building a new nuclear power plant, and in Finland, even the Greens support the construction of a new reactor. Given the geopolitical tensions, reducing dependence on uranium supplies from Russia or former CIS states is important. That is where the young Canadian company Myriad Uranium comes into play. The Company controls a 1,800 sq km property in Niger that intersects two geological trends where the already-producing Dasa and Imouaren mines are located. Niger has always been the source of uranium used in French nuclear power plants. Myriad Uranium's property also once belonged to the French state-owned company Areva and was designated for preferential exploration at the time. Even today, Myriad has historical exploration data from that time.

    Myriad Uranium's shares are valued at only about CAD 10 million and could benefit from the ongoing uranium boom. If Myriad Uranium manages to confirm the high expectations for its property through exploration drilling, opportunities could arise to develop the project. Any investment must be considered speculative, but the current valuation and long-term potential appear favourable.


    While companies such as Plug Power have been burning capital for years and are also coming under increasing pressure from established industrial companies and utilities such as RWE, it makes sense not to lose sight of the major nuclear energy trend that remains intact outside Germany. Projects such as that of Myriad Uranium are still in the early stages but are considered promising. Speculative investors can see an opportunity in the low valuation of the share.


    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may hold shares or other financial instruments of the aforementioned companies in the future or may bet on rising or falling prices and thus a conflict of interest may arise in the future. The Relevant Persons reserve the right to buy or sell shares or other financial instruments of the Company at any time (hereinafter each a "Transaction"). Transactions may, under certain circumstances, influence the respective price of the shares or other financial instruments of the Company.

    In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.

    For this reason, there is a concrete conflict of interest.

    The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on news.financial. These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such.

    The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user.

    The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use.


    Der Autor

    Nico Popp

    At home in Southern Germany, the passionate stock exchange expert has been accompanying the capital markets for about twenty years. With a soft spot for smaller companies, he is constantly on the lookout for exciting investment stories.

    About the author



    Related comments:

    Commented by Fabian Lorenz on February 14th, 2025 | 07:00 CET

    SHARE PRICES are falling at Plug Power, Nel, and Hensoldt! BUY RECOMMENDATION for BMW partner European Lithium!

    • Mining
    • Lithium
    • Electromobility
    • renewableenergies
    • Defense
    • Hydrogen

    Buy opportunity or bankruptcy? Shares in Plug Power, Nel, and Hensoldt are under pressure these days. The former hydrogen favorites are facing one piece of bad news after another. After mass layoffs at Nel, the next catastrophe comes from Plug Power. Investors are also getting nervous about Rheinmetall, Renk, and Hensoldt. Is a correction looming? Analysts believe the correction at Hensoldt should be seen as a buying opportunity. At BMW partner European Lithium, analysts even see potential for a multiple increase in value. The stock, which focuses on lithium and rare earths, has gained traction, and the current consolidation offers an exciting entry opportunity. Even peace in Ukraine could benefit these companies.

    Read

    Commented by Juliane Zielonka on February 14th, 2025 | 06:45 CET

    Globex Mining, Intel, D-Wave: AI Revolution Drives Resources and Semiconductor Market

    • Mining
    • Commodities
    • computing
    • hightech
    • AI
    • Software

    The course for the future of AI was set this week in France, where 1,500 representatives from politics and business gathered for the international AI summit. The AI revolution is driven by immense energy and semiconductor demand that Europe, with its current energy policy, cannot fulfil. The commodities rally for energy generation is gaining momentum to power the immense data centers. Ideal timing for the explorer Globex Mining, which, with its portfolio of strategic commodities, is a mineral bank for investors. With a strong diversification of commodities and precious metals, there is something for practically every energy requirement. Intel, on the other hand, could experience a recovery through cooperation with TSMC. The stock suffered a 60% decline last year. Quantum computing pioneer D-Wave demonstrates that practical applications of the technology are already in use today. In an open letter, CEO Baratz addresses investors.

    Read

    Commented by André Will-Laudien on February 13th, 2025 | 07:05 CET

    DAX 22,000 – New highs for Oklo, Nova Pacific Metals, D-Wave, and SMCI under the microscope!

    • Mining
    • Commodities
    • hightech
    • computing
    • nuclear

    After a rapid upward movement, the DAX 40 index has reached the magical 22,100-point mark after just 6 weeks of trading. This means that the index has already gained more than 10% since the beginning of the year. Investments in the high-tech and defense sectors continue to drive this. Investors are following the trends that started in 2024. However, this is bringing critical metals to the fore because they are currently subject to sanctions by China under Donald Trump's tariff plans. We are therefore focusing our analysis on companies that are particularly noteworthy under the current circumstances. It is not always a good time to buy, but as the saying goes, you will never go broke taking profits.

    Read