Powerhouse Energy Share Discussion Threads

[nelson5100] 07/5/2018 13:19

Did I read that they have only carried out about 300 hours of testing?

Will this be sufficient for any financier particularly if there is no patent protection?

[vatnabrekk] 07/5/2018 12:44

What's the difference between the existing working prototype and the proposed commercial G3 unit? the difference is size and capacity. The difference in capacity between the 3t/d prototype and the 25t/d unit is a factor of 8x volume. So if they double the radius of the prototype chamber, and double it's length, they will have achieved a volume increase of 8x.

So not a massive up-scaling required from the system that has already been proved to work.

[lagosboy] 07/5/2018 12:31

No the difference is - Phe's system does not exist in a commercially viable form.

If it were unique- why is there no patent protection , that is the very first thing that you do - sorry but you are buying into the spin.

Pazzuzu- you may well be able to profit from trading opportunities in Phe and good luck to you, but I am not commenting on that, just the long term viability of Phe.

[vatnabrekk] 07/5/2018 12:12

"KA still thinks Phe is the only company on the planet working a EfW gasification solution."

No he doesn't, and in fact there are several EfW systems. Where PHE is unique is that it is the only gasification system that operates at temperatures of 1200-1500C. Other gasification systems do exist, but run at about 800C. That is the difference.

[lagosboy] 07/5/2018 10:39

Its even better than that - he said the £900,000 raised was so over subscribed that he could raised more if needed, but £900,000 was sufficient !!!!

The whole W2T link up is very questionable. The two key directors are at both W2T and Phe so what is W2T really bringing to the party to command such a Kings Ransom.

Looks very fishy to me and certainly not in Phe's shareholders best interest. Its actually a staggeringly amazing deal for W2T.

W2T has no income, a balance sheet of straw and no track record !

Not only will it take forever to develop, the competition will be well ahead and they swill be serious players. KA still thinks Phe is the only company on the planet working a EfW gasification solution.

As I said, this one is for the knackers yard not the Footsie 100.

[deccer1] 07/5/2018 10:02

Commercialisation seems to be iin site this year.

[lagosboy] 07/5/2018 09:18

Protoypes are pretty meaningless - there a thousands of working prototypes that never get to commercial production phase - the odds are heavily stacked against Phe.

The BOD and mgmt team are very ordinary - the two key figures are also both directors of Phe and W2T. Others are token NED's, typical of AIM company's, happy to draw a quarterly fee and water the plants on the way out.

Peel's Protos Park is empty, they are happy to offer anyone a plot - don't read too much into this. Bad publicity- long hard look at the technology ? Really.

[rathean] 06/5/2018 17:12

The quality of the management team is everything, that's what I'll be researching before Tuesday. I'm sold on the concept, the finances appear OK in the short term now the warrants have been resolved so it's what the brains behind the business are like, imo.

[vatnabrekk] 06/5/2018 16:48

That's OK lagosboy, you bet your money on whatever takes your fancy.

You list a number of negative "indicators" but fail to acknowledge any positives. Is that not just a teensy bit one-sided? You may believe that there are not positives but I disagree:

- PHE already has a working prototype producing electricity at Thornton Park. The technology has been validated by Engsolve Ltd. as well as their ability to produce high quality hydrogen.
- Within the BoD and Management Team there are many highly technical, highly experienced and highly intelligent people, and it is hard to believe that they would be wasting their time on this project if they believed that it was a dead duck. And unlike the directors of some AIM companies, they are not there for the overblown salaries.
- Yes it's true that the Pyromex system failed in the end, but rather than regard that as a negative, surely a great deal was learned from that project which has been put to good use in the current G3 project? Lots of new developments have numerous failures before finally producing a successful product.
- Peel Environmental have offered PHE a half-acre site (or is it one-acre) within their Protos Industrial Park. I think it is fair to assume that Peel would have taken a long hard look at PHE's proposed technology before committing to that. They would not want to Waste-to-Energy company on their site, it would be very bad for publicity. So I believe we can take some comfort from that.

There are other positives which I won't waste time going into at the moment, but I think you probably get the point from the above sample.

Of course there are risks. I have never pretended for a moment that this project is certain success. It is a new technology, in the course of development. As in the case of all new developments, nothing is guaranteed and failure can occur. I's a case of balance and each individual must take a view after doing a sensible amount of research. But you don't give a balanced view, your are all negative and Armageddon.

And incidentally, if as you say you believe that "this one is heading for the knackers yard" then surely that's it, nothing more to say. End of debate. So what is the point in you bringing up all sorts of other negative arguments about the past history of the company and the CEO, directors' share options, directors' shareholdings, interviews on share-tip sites, etc. Surely all of that is a total waste of time if the entire project is doomed anyway?

[lagosboy] 06/5/2018 15:23

Its pretty much impossible for outsiders to know if the kit will work or not, so the next best thing is to look at the best indicators.

I see no directors, insiders, small cap funds or green funds buying here.

I do see directors granting themselves massive number of share options at rock bottom prices with no upwards staggering of the vesting price.

I see one director almost bi-monthly pumping this on all sorts of share tip sites and making outrageous claims that Phe will be a Footsie company within 4 years - to become a Footise 100 company it would need to rise in the order of 650 times !

Sadly the same director behaved in an identical manner when promoting the Pyromex system and whilst potential customers were highlighting the problems, shareholders were left in the dark.

On balance, if I were a betting man this one is heading for the knackers yard.

[vatnabrekk] 05/5/2018 11:49

That's rubbish. The kit is working, the prototype is running at Thornton Park and generating electricity.

And the capital cost of the equipment to purify the hydrogen has been stated as £5M not £10M.

So if you are going to do a serious anti-ramp then you really ought to do some proper research and get your facts right.

[pazzuzu] 05/5/2018 11:01

Superg. Why so sure the kit won't work?

[tenapen] 01/5/2018 20:52

But don't risk money you can not afford to loose.

[vatnabrekk] 01/5/2018 16:23

Welcome to the club!

[pazzuzu] 01/5/2018 11:48

Howdy. Brought into this one today, this one is gonna be a great story when it gets going.

[vatnabrekk] 27/4/2018 22:59

According to KA, first commercial 25 tonne per day G3 unit to be operational by the end of this year at Peel Environmental's Protos site.

[beeezzz] 27/4/2018 22:08

Are we heading for new pastures....when they launching the commercial 20-TPD unit...soon or is it on the back burner

[mertymcs] 27/4/2018 08:34

Plus the company were advised that they shouldn't take the placing offer as it has a negative affect upon opinion etc It would also go a way to breaking the stranglehold of the MM on the company SP

[mertymcs] 27/4/2018 08:32

It's common practice all over AIM that the market makers get themselves into trouble over shorting stock so go offering money direct to the company to accumulate the shares they are short by.FCA are constantly notified about this practice but because they are in bed with the market makers and most there are ex market makers nothing will be done about it.A you scratch my back I scratch yours mentality.They both make a fortune so they don't care.

[vatnabrekk] 27/4/2018 07:55

Keith explained in one of his interviews why they did the placings.

[nelson5100] 27/4/2018 03:52

TR1s not YR1s....

[nelson5100] 27/4/2018 03:52

Mertymcs, where is your evidence for your statement that the company didn't the placing money?
Who forced the directors and it's advisers to make this placing if they didn't need the money?

Why didn't the company say no to the shortets if your posting is to be believed?

Will there be YR1s from Yady and Renewme as their shareholding percentages have crossed relevant thresholds?