Powerhouse Energy Share Discussion Threads

[englishlongbow] 06/6/2018 22:46

Zak Mir says PHE a quick move up to 0.7p

[englishlongbow] 06/6/2018 22:41

PowerHouse says reports relating to planning permission rejection at Thornton Science Park are “inaccurate221;
15:06 06 Jun 2018

The group said it has received written confirmation from the chief executive of Thornton Science Park setting out the facts and reassuring the company that the recent decision by the Cheshire West and Chester Council does not relate to its facilities.

Consequently, Powerhouse added, there is no threat to the operation of the Energy Centre at Thornton Science Park.

PowerHouse Energy Group PLC (LON:PHE) has said press reports relating to the rejection by Cheshire West and Chester Council of certain planning permission applications University of Chester’s Thornton Science Park are “inaccurate221;.

In a statement, the AIM-listed technology company – which is pioneering hydrogen production from waste plastic and end-of-life tyres - stated that the articles saying the Science Park will be required to be dismantled or closed down do not represent the facts of the situation.

The group said it has received written confirmation from the chief executive of Thornton Science Park setting out the facts and reassuring the company that the recent decision by the council at a planning committee hearing does not relate to the facilities associated with PowerHouse’s Research and Demonstration Unit.

Consequently, it added, there is no threat to the operation of the Energy Centre at Thornton Science Park and no foreseeable disruption to PowerHouse’s operations at the site.

The company said it will continue to actively engage in its extensive test engineering of native and mixed plastic feedstock in support of the commercial design effort currently underway.

It added; “The Council decision has no impact on our operation or efforts, nor will it effect the siting of our process demonstrator. PowerHouse and the University of Chester Energy Centre will continue to work successfully together unaffected by this unrelated decision.”

Keith Allaun, PowerHouse’s CEO said: “The University intended for there to be tremendous synergy between itself and the tenants of the Energy Centre."

He added: “Our engineering operations continue unabated as we move to completion of our commercial design on a daily basis – supported by the empirical data we continue to accumulate though our testing regime – which will continue for the foreseeable future at the Energy Centre.”

In late afternoon trading, Powerhouse shares were 7.8% higher at 0.48p.

[vatnabrekk] 06/6/2018 19:26

I can only find one press article. Any links to any of the other ones?

[sweepie2] 06/6/2018 17:24

But I will be reading the press articles tonight but I don't think there is anything to be worried about either from that RNS

[englishlongbow] 06/6/2018 17:23

Looks like the University of Chester's Thornton Science Park can continue for industrial uses (e.g. Use Classes B1, B2, B8) like PHE's test/demo facility located within the Energy Centre, but will not be able to have permanent educational institution uses on site (Use Class D1) like university classrooms, university workshops/labs or a university library, due to proximity with the Shell oil refinery next door. According to the press article below, students were bussed in, there is no overnight student accommodation, and the Uni has been operating there since 2014 with no action taken by the council for a couple of years. I would not be surprised to see Chester Uni appeal the decision.









Obviously it has no direct effect on PHE's test/demo facility at Thornton, or their first commercial 25 tpd system to be located at Protos - which is a completely different site further to the north-east.

When I was a student, we visited several operating establishments - incinerators, mines, nuclear power station, geothermal, renewables - didn't need a student classroom on any of those sites and we used the labs and facilities back at our Uni or guested in other uni labs for field trips.

[rathean] 06/6/2018 17:17

Someone give #sefton his crayons back, poor lad throwing a right wobbly. It's an interesting rns, doesn't entirely address the issue of the future of the science park but reassuring for the time being that it's full steam, or should I say hydrogen ahead. Happy to hold and accumulate in dips.

[vatnabrekk] 06/6/2018 17:07

Shouting is usually an indication of a certain level of intelligence, unable to communicate in a normal fashion.

[shrout] 06/6/2018 17:00

I think someone's trying to make a point. Shouting doesn't make it any more valid. Nor does the inability to spell .

[city chappy] 06/6/2018 16:31

Unusual press release just out provides another top up opportunity.

[city chappy] 06/6/2018 16:27

Don't be a Pratt sefton its perfectly OK to tip a share like PHE on discussion boards devoted to various tips and growth prospects rather than one particular share, which is what tt did.

[top tips] 06/6/2018 14:41

I decided to start accumulating.

[vatnabrekk] 06/6/2018 12:28

That may be just a teensy bit optimistic, elb!
But I like the general scenario!

[englishlongbow] 06/6/2018 11:37

Chief Exec Keith Allaun says PHE could be a FTSE 100 company based on their UK rollout plans i.e. at least 300p share price; and they are expecting 2.5x more rollout in the EU, and roll out in other geographies like Australia, Far East, Midddle East, etc.

So in terms of the share price: 300p for the UK + 750p for the EU + more elsewhere, gives an eventual share price well over 1000p (£10) making it a 2000+ bagger from here.

£1000 investment now could be worth £2 million in future.

[city chappy] 06/6/2018 08:21

ITM are getting about £10 + VAT per 1 kg hydrogen, so PHE' SPV's could get that plus gate fees at £80 - £100 per tonne (1000kg) for taking in the waste that generates the hydrogen.

Each of PHE's 25 tpd modules could generate 1000 kg hydrogen per day, i.e. so £10,000 + VAT, and gate fees of £2000 - £5000, per day.

[city chappy] 06/6/2018 08:09

I see hydrogen producer ITM has a market capitalisation of £87m which is 12x higher than PHE's which shows the potential once PHE start rolling out the commercial units later this year.

[nelson5100] 06/6/2018 06:36

Why has the last share placing not been recorded on a share allotment form and filed at Companies House. The shares were being admitted to AIM on 25 May and the firm is required to be filed within a month of any allotment.

[vatnabrekk] 05/6/2018 22:19

Why are you bringing Warwick into this? He's not a director.
What aspects of the demonstration machine are you not convinced about? Are you up to date with events going on at Thornton Park?

[beeezzz] 05/6/2018 22:01

You are on the wrong thread, Warwick said they is still in the design stage no gasification here, folks!!!!....

Still not convinced by the demonstration machine, and market seems to agree....

[lordz] 05/6/2018 15:00

Just so any gasification systems out there, the technology is going to be fantastic for the future roles that they play.

[vatnabrekk] 05/6/2018 11:09

Yes, I have a holding in ANR as well. Not quite the same thing as PHE's gasification system, and doesn't produce hydrogen.

[lordz] 05/6/2018 10:06

ANR. (Altona energy) into pyrolysis technology