Powerhouse Energy Share Discussion Threads

[lagosboy] 24/3/2018 10:54

If its in the RNS and interviews, then it must be true

What happened to the AFC fuel cell due for delivery before Christmas 2017 ? Wasn't that in an RNS ?

[vatnabrekk] 23/3/2018 08:29

nelson, when you put these questions to the company, let us know what answers you get back, as we are all interested in facts here.

[nelson5100] 23/3/2018 07:51

Oh but posters are interested in facts rather than hype posted by rampers.

So for example, is the recently filed annual Confirmation state filed at Companies House correct or does it contain any errors?

Also, has the company filed the share allotment form for the 280,440,920 shares issued on 6 February 2018 in connection with the Hillgrove loan, see RNS dated 31 January.

Facts, share allotment forms are required to be filed within a month of any share allotment, Companies Act 2006.

[tenapen] 22/3/2018 20:41

The bashers aren't interested in fact's, so your wasting your time trying !.

Bash on
Bash on

[vatnabrekk] 21/3/2018 23:13

There is a timeline. It hasn't changed, still target to have the first commercial G3 unit operational within 2018. It's in the RNSs, and in the interviews.

[beeezzz] 21/3/2018 22:58

Are we any nearer the 20 TPD plant or is it just mirage - I'm waiting with bated breath;...

[superg1] 18/3/2018 09:25

Belief is one thing facts are another.

That's why I keep banging on about extensive testing with a completely unbiased independent authority.

I don't know if you simply want to ignore it or don't know about it.

The hype was just the same re the other kit. Talk of huge interest, companies queuing up proven to work and so on..

They hype it to death and had released highly positive news. The final news showing it was complete failure showed the previous news to be lies.

Off to Aus then they abandoned that, from the ashes to a new tech that popped up out of the blue, no patent and no extensive testing.

And for investors pumping it, that's all fine and dandy apparently. Trust in Keith.

[vatnabrekk] 14/3/2018 23:06

Ah, so now I understand, you don't believe that they have solved the problem of UHT at all, and that the chamber will fail when it is run on a continual basis. OK, let's leave it there for now. You have your belief and I have mine. No need for either of us to bang on about it any more because whoever is right will come out in the end when they build and run the commercial unit.

We shall both have to wait until then for our answer.

[superg1] 14/3/2018 21:24

Nothing to patent.

As said new material needed to withstand the heat. What can PHE possibly have pulled out of the hat that the pyrotech tech evolved over decades failed to do.

Pyrotech failed after intense hype then out of the blue came an answer but no patent required. All too BS like to keep the plates spinning imo.

[superg1] 14/3/2018 19:21

vat

Buy one and pull it apart and you have the answer.

For that chamber to hold up then it would need to be some type new material that could stand up to the heat. If anyone had such a wonder material I'm sure they would protect it.

The run time is quoted as 22 hours per day. The note said it has been run for 300 hours total which just over 10 days.

Considering the consequences of a failure with air getting in it's hardly tested imo.

If you get oxygen in there generally it's explosion time. So on that basis alone it needs extensive testing.

[vatnabrekk] 14/3/2018 10:13

It's not the continual running that causes the most damage to the system, it's short runs with frequent power ups and power downs. This has been stated many times. The prototype has already been tested in this way.

And the lack of patent has also been explained already. The following link to an article about Pepsi Cola and the difference between a patent and a trade secret might help to explain the thinking behind this:

[superg1] 13/3/2018 15:39

Comments about death spiral loans.

Companies don't choose those options, it generally means they had no place left to go.

I know a guy that spoke to the Darwin manager re what they do. The point under discussion was how could they do that to companies.

The answer was that when they go to Darwin it generally means all else has failed and with the likes of death spiral finance it would just be death and suspension. So it's a service and a profitable one for those that do the lending but high risk hence they won't hang around with any shares.

Hence imo PRG should do a material independent continuous run time. Personally I don't think it would stand up to it. No patent either which would imo horrify any backer.

All very well with all the hype over the years but now it comes down to a heap load of cash needed to move on.

[superg1] 13/3/2018 15:31

Jam

Always a tough call to take a loss, respect to those that do, good luck on Tern.

[superg1] 12/3/2018 22:11

A unit with PSA is £10 mill not £5 mill as per the presentation. High and moderate quality syngas is £5 mill

The £5 mill and £10 mill figures are forecast based on multiple units Eg bulk buying making it cheaper.

Going by the presentation a single unit start up would be more than £5 mill and more than £10 mill with PSA.

There is an asterisk by the capex quotes

* Capex Numbers Indicative of long-term projections for multiple unit build-out.

So on that basis the the first unit without PSA and the very high quality syngas will be £5 mill plus.

So with the unit and cash to keep going PHE must need £7 mill or more.

Where that will come from is a guess, on dilution at .5p that's 1.4 bill shares

[vatnabrekk] 12/3/2018 13:13

No revenues, deccer1? That's hardly a criticism as this is still a development company, and hasn't as yet reached the stage where it has anything to sell to earn revenues.

No-one has claimed that the company should be earning revenue at this stage of its development.

[schofi2] 12/3/2018 12:55

Just popped in to see if the doom mongers are still here cutting and pasting yes they are. haha tata.

[deccer1] 12/3/2018 12:39

I wish they would issue the Hillgrove shares to close the debanture.

[deccer1] 12/3/2018 12:34

Get a move on PHE.

[rickdrn] 11/3/2018 11:44

Hammond confident of 'real change' as he looks for new ways to cut plastic waste - Sky News Mr Hammond will also unveil a £20m innovation fund for businesses and universities to develop new technologies to help achieve the goal.

[lagosboy] 10/3/2018 20:07

Dodgy characters

[nelson5100] 10/3/2018 19:59

Also used the Equities First share loan deals which was heavily criticised when directors at Quindell used this discredited financing.

The Equities First information concerning Bond was disclosed in the prospectus issued by Linc Energy when it transferred is shares from the Australian to the Singaporean stock market.

[lagosboy] 09/3/2018 18:54

Others in company are up for pollution charges.

KA was a management consultant to Linc and his chum Bond

Linc was killed by expensive financing deals - named death spiral convertible bonds