Powerhouse Energy Share Discussion Threads

[warwick69] 07/11/2017 08:36

Just so you all know just sold a couple mil for a short term trade in UKOG If works will buy back more than 2 mil later this week So don't panic gives some others a great buying opportunity as well We are in doldrums until news

[warwick69] 07/11/2017 06:29

Deccer1 The floor in that argument is why would Howard White invest £1,000,000 of his families money into PHE if it was not viable!! W2T needs PHE to be very successfully in order to achieve any meaningful returns !!W2T are being paid in PHE shares not cash ? What a complete load of old tosh never laughed so much !!!Is that the best the bashers can come up with Ha ha ha ha ha ha ha

[vatnabrekk] 07/11/2017 00:06

Each to their own, deccer.

[deccer1] 06/11/2017 23:52

Pumpkin!!!!

[vatnabrekk] 06/11/2017 23:18

Yes dolphin, see my post 5701 earlier today.

[dolphin158] 06/11/2017 21:40

Vat, no comment about the directors' share options?

You posted yesterday that you knew what the options were; I wonder if the directors, the chief financial officer ( non board appointment), the nomad or the auditors will be commenting UK on the matters raised??

[vatnabrekk] 06/11/2017 19:46

As it happens, I am also invested in ITM and RED. And AFC. I believe that there is a place in the market for all of these different, but related, technologies.

[stuj1970] 06/11/2017 19:17

Club, treat yourself to a sarnie then, triple stack of course and if you had played ITM right so far this year then three stacks it would be.Please would be grateful to know why comment when no coinarge involved...Have a good evening.SJ

[club sandwich] 06/11/2017 19:13

I'm mystified - why would anyone invest in this obvious fraudshow rather than ITM (which I hold) or REDT (which I don't) - real, legitimate fledgling power companies?

[dolphin158] 05/11/2017 23:47

Returning to note 12.3 in the audited accounts.

The note states that 11 million options were granted on 7 March 2016.

Yet, in the next paragraph it list the three directors' and the options they had each received.

Now, 6 million plus 5 million plus 4 million equals 15 million.

So why do the audited accounts state that 11 million options were granted???

[dolphin158] 05/11/2017 23:37

Vat, is your answer aimed at me or the company???

Lots more to ask about the options, the 2016 audited account disclosures, the 2016 interim accounts disclosures and the 2015 AGM.

Not forgetting AIM rules regarding Related Party Transaction and the Aggregation of Transactions within a twelve month period.

[dolphin158] 05/11/2017 23:33

The auditors would have audited the share options as part of their sudit, so at least the disclosures will be correct.

Now turning to Note 12.3 in the 2016 audited accounts, it states that on 7 March 2016 11 million share options were granted to the directors with a 5 year expiry period.

But, the company issued a RNS on 15 September 2016 publishing their 2016 Interim accounts.In the final note, number 6, it disclosed that the company had granted the directors on 7 March 2016, 15 million options which would expire in 7 years from the grant date.

So which is correct?

[vatnabrekk] 05/11/2017 23:24

Not quite. Try again.

[dolphin158] 05/11/2017 23:17

I do, which is why I have posted...

11 or 15 million...,
5 or 7 years.....

[vatnabrekk] 05/11/2017 23:03

I know the answers dolphin. Do you?

[dolphin158] 05/11/2017 22:26

Vat

The question is how many options, what price and expiry date.

But what are the answers?? Mmmmm......

[superg1] 05/11/2017 19:56

aha

It was in the annual report

"While the demonstration G3-UHt unit is a nominal 1-3 tonne per day (“tpd”) system, scaling it up is, to a large degree, a linear step function."

So if it was running at 3 tonnes for the 2kg per hour of hydrogen then the 25 unit is 8 16kg per hour.

That knocks it back to under £100 per hour of Hydrogen for a 25 bpd unit.

If they say nothing we can only go off the figures out there. With the 1-3 tonne figure it vital imo to know the run rate as it makes a big difference on the potential revenue.

[superg1] 05/11/2017 19:48

Vat

Most isn't Vat just a simple question of how much went through the plant to produce 25 cubic meters of hydrogen per hour.

I'll see if I can find if they gave the processing capability of the G3 unit.

[vatnabrekk] 05/11/2017 19:40

I agree super, the questions you raise are much more interesting, and important, than banging on about whether directors own shares or not.

I certainly don't have the answers to those questions. Presumably the company does, but some of the data will undoubtedly be commercially and/or price sensitive so we may not be given all of this info for some time. Compared to where we were a year ago I think that PHE has made tremendous strides. I'm not into blatant ramping, but I am confident that we'll get there.

[superg1] 05/11/2017 19:07

vat

The excuse about not having shares was a farce. They are far from being poor guys.

Im more interested in robust testing and what the run rate was for the trial which gave a peak of 25 cubic meters in an hour. Was it 1 tonne per hour or 3 tonnes per hour etc.

I would also like to know the running costs of keeping kit going at high temps for 22 hours per day. With a bit of work I'll be able to have rough guess.

I've no idea how much they ran for an hour to get 25 cubic meters of hydrogen but in reality that equates to 2 kg of hydrogen per hour which is under £10 worth of Hydrogen.

If it was 1 tonne run rate then obviously 25 would be about £250 per hour.

What is the capital of a 25 bpd plant, all the fix costs including staff power, insurance etc. Would they need kit to turns tyres into crumb or have to source the crumb and so on. Normal household waste is clearly not viable. While the concept is interesting it's also highly dangerous re a sudden surge of oxygen so in theory you can't run the plants with low paid muppets. It would a be a recipe for disaster.

It would be nice to get some colour on forecasts of costs and as a starter what was the run rate at the time of the peak hydrogen production.

[vatnabrekk] 05/11/2017 17:54

The directors have share options.

[lagosboy] 05/11/2017 14:33

The only company in the world that can produce hydrogen from waste - firstly that is simply untrue and secondly if he believes it to be true why has he no stake in the company !

Sometime the bleedin obvious is best not ignored.

[superg1] 05/11/2017 12:32

What is the capacity of the current G3-uht unit. Have they said whether it's 1 tpd or 1-3 tpd etc?

[superg1] 05/11/2017 12:24

It takes 11 cubic meters of Hydrogen to make 1kg.

In the recent news they said 50 cubic meters per hour at 50% hydrogen.

So that means 25 cubic metres per hour post PSA.

On the Toyota mentions the Mirai as 4.7 kg.

200 cars per day can fill up was said from 25 tonnes of tyres. The total for the cars would be 200 x 4.7 kg = 940 kg.

940 x 11 equates to a need of 10,340 cubic metres of Hydrogen per day.

The news gives 25 cubic meters per hour and the need to fill those cars would be 470 cubic meters per hour based on the 22 hour run time they have previously mentioned.

So around 19 times the rate of whatever they ran at as detailed in the news.

They will get nowhere near that with general waste so it would have to similar waste with high calorific values.