Hi Cash
I thought they were licensing the software so I wouldn’t expect any license contracts for at least 12 months if not longer. They will need to put it through its paces to make sure it’s actually going to be profitable for any company wanting to use the process. Not sure what a full blown system would cost but many years ago they were suggesting £20 million plus. So you see no one in their right mind is going to spend £20 million on a couple of weeks testing.
I know many in here are invested in ITM and look how long and cost it took them actually get real orders. |
 Hi again Graham,
I’ve just randomly googled and clicked on this.
hxxps://www.hitemptech.com/rotary-kilns.html
hxxps://www.hitemptech.com/rotary-kilns.html
As I mentioned before, this technology is off the shelf, tried and tested over decades so we know it works. They are in existence and are operating around the world every day. What PHE have developed is an algorithm that controls the system. It’s not a magic box of tricks that needs testing on a full commercial scale unit. In answer to your question regarding the orders, once the hot testing data has been gathered next month it will be supplied to our Australian customers to obtain the permits required for the Rockingham plant. I would imagine everything is set up now and they are just waiting for the data so permits may well be granted very quickly. Once this has been completed we will achieve final investment decision. At this point we will know who the funders are for not only Rockingham but for Hong Kong, Italy and Switzerland. We haven’t got long to go now. |
PHE acquired 100% of Protos in 2023, with the JV itself being wound up, with the assets of the SPV signed over to PHE, and the agreement that PHE will retain the option (for a fee) until March 2025 {interesting] |
Orders for what exactly? |
I agree with the disappointing reaction so maybe we have to wait for the first orders which will presumably come in February at the earliest. |
JakNife - I take it we will not be seeing you in January. What is your purpose here.
Go with the Lemmings then!! |
We waited a long time for a damp squib. Pathetic |
Smokey 1o3,
"Well you don't have to wait long we will all find out in January won't we."
I have deleted my post 22,656, upon reflection it doesn't make the point that I was aiming at clearly enough. Let me try again ...
I have little doubt that PHE will be able to make it appear that something is working in front of shareholders, after all they have done that before. Back in 2017 PHE demonstrated the "G3-UHt" prototype to shareholders to get them rabidly salivating, so much so that multiple placings followed. However, the "G3-UHt" prototype only ever worked on pure (non-waste) feedstock and never functioned commercially.
In total PHE have been building waste to gas units since 2002 (page 14 of AIM Admission document). 22 years of complete and utter ineptitude later, multiple false RNSs, numerous wild claims of sales that never actually materialised and not a single commercial functioning unit has ever been produced.
It seems reckless to assume that PHE will be able to do anything more than they've done before - demonstrate a unit to the baying crowd in order to raise some funds and then run off with the money for seven years before coming back to fleece the crowd again ... just like last time!
JakNife |
JakNife
Well you don't have to wait long we will all find out in January won't we. If you are invested come and see for yourself. If your short I suggest you join Chung and the others and get ready to jump as all leamings do.. |
Hi Cash
I think from memory the old unit is completely different in size. Until it can turn plastic into syngas nothing is a gimme.
Then it has to do it on a consistent basis not just now and again for visitors they will need a lot of useable data from it before anyone is going to commit to building a full size unit IMO. |
Hi Graham, it does work. Like Vatna says we’ve had the prototype working for years. These kiln units are off the shelf technology and have been around for decades. PHE have just added a little bit of inovation which will help change the world. So don’t worry Graham, it does work. |
As I understand it "Cold commissioning" refers to the initial phase of testing and checking before it is fully operational. During this phase, the system is powered on but not yet processing actual materials or feedstock. It involves verifying that all components are installed correctly, performing basic tests (like checking wiring and insulation), and ensuring that auxiliary systems are functioning properly.
In the context of the announcement today it means that the Feedstock Testing Unit (FTU) has been mechanically completed and will in January undergo "hot testing" in January with actual waste materials.
In other words all going very well and I will get my invitation for a visit in February. |
Of course they know the technology works. They've operated a prototype at Thornton Park for years, which is where they got all of the data for building this one. |
Don’t you think that this a holding announcement bearing in mind they don’t actually know if it’s going to work. |
This is good news for HUI too. |
Sounds to me like Protos could well be back on the agenda. Happy days. |
Paul Emmitt, Chief Executive Officer, commented:
"I am extremely pleased that we delivered this highly significant milestone for the Company. It is testament to both the PHE and Engsolve staff, their hard work and professionalism, that we have achieved this on schedule and on budget. The FTU has been something that I have championed since my involvement with PHE. Whilst we have had setbacks with our prior intended kiln manufacturer, we have overcome them to provide something tangible; an innovative facility that will allow us to showcase the DMG technology as well as our technical / engineering expertise as a Group as we look to deliver our vision for our shareholders."
-----
In Paul Emmett and team we trust. |
"I am extremely pleased that we delivered this highly significant milestone for the Company. It is testament to both the PHE and Engsolve staff, their hard work and professionalism, that we have achieved this on schedule and on budget. The FTU has been something that I have championed since my involvement with PHE. Whilst we have had setbacks with our prior intended kiln manufacturer, we have overcome them to provide something tangible; an innovative facility that will allow us to showcase the DMG technology as well as our technical / engineering expertise as a Group as we look to deliver our vision for our shareholders."
"This year has been an eventful one. We have resolved our patent challenge, and had grant of UK, European and Japanese patents, we have signed an agreement with National Hydrogen of Australia and have now delivered mechanical completion of the FTU.
"Early 2025 will see us "hot" commission and test the FTU, whilst opening our doors to showcase our technology to investors as well clients and potential clients. We will also deliver the FEED for National Hydrogen, whilst further developing both the PHE and Engsolve offerings. There are also a number of old business opportunities to revisit as well as new ones to pursue for the team.
"I believe we enter 2025 in a stronger more positive position than that which we entered 2024. I would like to take this opportunity to thank our shareholders for their patience and support this year and look forward to an exciting 2025 for the Company." |
If it all goes to plan Phe will be " share of the year " 2025 |
They will have to run this beast for a few weeks before they pronounce its success. Fingers crossed for 2025 but feeling more hopeful than 12 months ago. |
I predicted they would not have a full size commercial unit built and certified in 2024, and I was right.I now predict they will not have a full size commercial unit built and certified in 2025.Lemmings and mushrooms only. |
Well if they don't deliver next week the least they should do is give you a reason why. |
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