The herd are moving… |
Once unit is operational their will be lots of funds wanting in and this will fly |
From lse chat, seem to make a lot of sense:
Powerhouse end H1 2024 with £729k in cash, after spending £1267k on overhead cost and £471k in investment during the first 6 months of the year. With a similar cash burn in H2 2025, its estimated that the company will have around £850k in cash by year end. With a 6-months cash burn of around £1700-1800k the company would have no cash left by end of March 2025. The cash situation must be addressed well in advanced of actually running out of money. |
Have you watched the Proactive interview with Paul Emmitt? |
Smokey
Let me know when your coming down will meet up for coffe 👍🏻 |
If you want to see inside the shutter doors check this out. This was last August when the Thermal Conversion Chamber kiln, delivered in June, had been repositioned and mechanically completed. Plenty of time since then to complete the full installation. |
Graham - Lets go through those roller shuttered doors in February. See you then. |
Smokey
Just inquisitive nothing more being local thought I would take a peak. |
graham- What was your purpose to go see. Are you invested and depressed or have some grudge and are depressed? Can I help? |
This is only a test centre and offices, not a full-blown commercial facility. |
Why would I need x Ray eyes when I can see the size of the building from the outside 😬 |
graham - Forgot to ask [with tongue un cheek],do you have x-ray eyes that enable you to see through roller shutter doors. |
Paul Emmitt talkng on Proactive: |
graham- your response is rather subjective and aimed to depress. Let me help you. The Unit is reported to be circa 10,000sf which would surely be adequate for a small office and two testing units if it came to it. Beauty is in the eye of the beholder and there is the ever pressing need to keep costs down at this stage. |
Nope only looked in through roller shutter doors. Not a big unit though |
graham -Have you been inside? |
Cash
Have you been to the site I have you may be a little disappointed if/when you go down there. It’s a small industrial unit with a smaller yard area. |
Cash
You can produce hydrogen and electricity from gas/syngas and is already being done.
It’s not what PHE are about they want to convert plastic into syngas. |
…which they will install if that’s what the plant requires. Why would you assume they won’t have that equipment???
On a separate note it may even be a twin DMG plant too as the site is big enough. We could be looking at 80 tonnes of waste per day.
Gotta go, the football’s kicked off. |
Cash
Yes the syngas can be turned into hydrogen and electricity but that would need additional equipment. |
Graham, scroll down to Section 9 (Investee Company Profile for National H2) and have a look at Company Update on the left hand side. This info on electricity and hydrogen has been confirmed by Paul Emmitt in a previous interview I seem to remember but I can’t remember which one.
hxxps://unitedhydrogenlimited.com/media/United_H2_Limited_Corporate_Presentation_December_2024.pdf |
It’s both electricity and hydrogen Graham. We’ve had it confirmed. |
Cash
As far as I’m aware they are just looking at syngas. |
Hi Graham,
I believe they will test customers waste streams to supply data on how much value in terms of either syngas, hydrogen or electricity their waste will provide them. As a result a full scale commercial plant does not have to be funded and built before these figures can be obtained. We already know that we have customers lined up for the Rockingham plant to supply waste for free and offtakers for the electricity and hydrogen.
I would expect contracts for Rockingham to be signed off fairly early next year. This would coincide with their target completion of Q4 2025 for Rockingham with operations commencing in 2026. |
UP a Big 8.8% today
UP a massive 220% for 2024 [so far]
Such a performance ITM holders could only dream about.
Looking forward to 2025
Mushrooms on burnt toast only |
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