Powerhouse Energy Share Discussion Threads

[stuj1970] 31/10/2017 21:10

Are you invested here Super? Do you have a name? or a position here with PHE.Do actually enjoy a drink, had two small voddies tonight and really, really enjoyed em.....So why are you appearing genuinely negative towards this fledgling then? Do you have a position here, boring repeating oneself.....like other bashers do on these stock boards......Dull and exceedingly boring.....Would love to have a chat with you on this company if you are willing to talk?Best of luck to you Super with whatever you do..SJ

[supernumerary] 31/10/2017 20:49

Stu - I hope you only open the bottle after the markets close? But good luck anyway, I have a feeling you're going to need a lot of it...

[supernumerary] 31/10/2017 19:46

vatna - 'What is it that you don't understand about "first facility in 6-8 months" (from end of October)?'

What I don't understand is the real difference between:

' “Breaking ground” on first facility in 6-8 months (so April to June 2018)'

and

'have the unit installed about the middle of next year'

What is 'the unit'? If it's a working system, which is what is implied, then building it from a design completed by the end of this year, is completely unrealistic. As far as I can tell:

1. the prototype design is not finalised
2. even if the design is finalised, it's not been tested on waste, only tyre crumb, which is not a commercially viable feedstock, so is subject to change in the light of testing.
3. with no finished prototype, it would be foolish to continue to the final design of a production size system, even more so to its construction.
4. if they did press ahead with the design, and completed it by Christmas (which I don't believe is feasible or sensible) it really isn't possible to build one of these systems in 6 months - the long lead time components will take that sort of time on their own. Look at any example of a system like this and it's obvious that they take at least 12 months, more likely 2 years+ to build.

In addition, every single timescale Allaun has ever given has been missed by miles - how long did it take them to disassemble a working prototype, ship it to the UK, reassemble it, and run the first demonstrations? And that, in theory at least, involved nothing new, just the reinstallation of an existing working system.

They're years and millions of pounds away from a working commercial scale system and Keith Allaun is peddling dreams.

[the stigologist] 31/10/2017 19:16

coiled spring down you dotard dunce

[warwick69] 31/10/2017 11:06

I really don't think it will take much buying pressure to get this moving back up It's like a coiled spring imho

[vatnabrekk] 31/10/2017 10:48

What is it that you don't understand about "first facility in 6-8 months" (from end of October)?

[turpitz] 31/10/2017 09:37

Everything deccer said would still apply wherever it is located.


deccer1
31 Oct '17 - 08:14 - 5597 of 5602 1 0
So Keith Allaun admitted to Zak Mir they don't expect to finish designing a large G3 system until "Christmas", let alone build one, then test it, go through further learning and modifications, commissioning, HAZOP, and demonstration over a prolonged period of operation.

deccer1
31 Oct '17 - 08:16 - 5598 of 5603 1 0
That's at least another 12 to 14 months in the diary.

[vatnabrekk] 31/10/2017 09:00

Just for clarification, here's what KA said in an interview on VOX on 24th October, starting at 33 minutes into the interview:

- Complete design by around Christmas this year
- Select the first site shortly into the new year
- “Breaking ground” on first facility in 6-8 months (so April to June 2018)
- Looking at co-locating at places that are already permitted, so our permitting process is substantially more rapid
- Looking at co-locating at a site that already has waste feedstock
- Looking at doing one initially, then probably getting another two out, and then looking at how we roll this into a factory setting.

[vatnabrekk] 31/10/2017 08:31

KA said recently that they expect to complete the design of the commercial G3 around Christmas, identify the site (they have several to choose from) early in the new year, and have the unit installed about the middle of next year.

All this talk of 12 to 14 months is deliberately misleading.

[deccer1] 31/10/2017 08:16

That's at least another 12 to 14 months in the diary.

[deccer1] 31/10/2017 08:14

So Keith Allaun admitted to Zak Mir they don't expect to finish designing a large G3 system until "Christmas", let alone build one, then test it, go through further learning and modifications, commissioning, HAZOP, and demonstration over a prolonged period of operation.

[superg1] 30/10/2017 13:25

AIMs rarely hit timeframes. The small unit 30 days turned into over a year I believe so don't expect timelines to be met, it rarely happens on any AIM share. It's not exclusive to PHE.

[vatnabrekk] 30/10/2017 10:43

KA said they expect to complete the design stage by around Christmas and to have the first unit on site by Q2 or mid next year.

That is not taking 12 months to build.

And surely anyone can work out that the second and subsequent units will not take as long as the first.

So this idea of 12 months to build a unit is utter rubbish, and has no basis.

[mervin4] 30/10/2017 10:27

I forgot to mention the figures below come from PHE's own paid for research note and in the interview last week Keith Allaun told Zak Mir they will not have finished designing a large plant until this Christmas, so even an optimistic 12 month build then takes it into early 2019 for testing and commissioning and i assume there could be unforseen hiccups along the way. I am trying to stay objective here.



Mervin4
30 Oct '17 - 09:58 - 5585 of 5588 1 0 Edit
Frightening construction times and capital expenditure costs:

12 months to build a 25 tpd plant (so assume 24 months per plant contingency).

If linked to Genset capex = £5.49 million per plant.

If linked to fuel cell capex = £10.12 million per plant.

How they going to fund £5.5m to £10.12m per plant and keep themselves running?

Mega dilution coming (and not just from issuing outstanding shares to Mr Bond).

warwick the simple will no doubt disagree but those are the figures.

[vatnabrekk] 30/10/2017 10:24

I don't know where this idea of 12 month to build a 25tpd unit has come from. A few months ago KA said that he expects to have 5 units on site in 2 years, so about 18 months from now, with the first one in Q2 next year. And factory production to be established within 18 months from now.

Some people make it up as they go along!