Powerhouse Energy Share Discussion Threads

[tenapen] 22/2/2024 08:06

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GOOD


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[vatnabrekk] 22/2/2024 08:03

Shorters on the barbie today, nice and crispy!!!
LOL±!!!

[deccer1] 22/2/2024 07:55

So Engsove might earn a few consultancy peanuts over the next 5 plus years. Nothing significant.

[cash2020] 22/2/2024 07:36

I’ve posted this before but here it is just in case some haven't seen it.

hxxps://nationalh2.com.au/media/National-H2-Information-Memorandum.pdf?utm_source=National+H2&utm_campaign=1ace110b39-EMAIL_CAMPAIGN_2022_02_21_03_11_COPY_01&utm_medium=email&utm_term=0_25ef9667f3-1ace110b39-1398383180



hxxps://ionanalytics.com/insights/mergermarket/richard-allen-uhl-chairman-on-the-evolution-of-the-hydrogen-industry/?utm_source=United+H2+Limited&utm_campaign=12e580fd9c-EMAIL_CAMPAIGN_2022_02_21_03_11_COPY_01&utm_medium=email&utm_term=0_ff9397e165-12e580fd9c-1398492820

[skinny] 22/2/2024 07:28

Marked down for post 22163 - you couldn't make it up! :-)

[tenapen] 22/2/2024 07:26

Hello Mrs deccer - long time no stalking

[deccer1] 22/2/2024 07:18

Ken chung - 22/2/2024"First they have to build, certify and test an intermediate size system in the UK, followed by the same for a full size system, which could cost £40m+ and more dilution, and could be stalled by the ongoing patent challenge and further technical hurdles. Rollout with the Australian company is therefore still years away (5+ years is mentioned just for starters) and what's the betting they would end up part funding projects with further dilution, dispute what they say?Lemmings and mushrooms only."

[talldarkslim] 22/2/2024 07:16

This is likely to double today

[cash2020] 22/2/2024 07:15

Brilliant news. Glad I topped up considerably recently.

[allinforabigprofit] 22/2/2024 07:14

RNS doesn't mention when this journey shall start? Surely nothing be moving in the practical sense until the legal dispute be out the way and the commercial UK, test centre be open? Nor any mention when fees could arrive? Obviously all mere paper or pixel at the moment?

[skinny] 22/2/2024 07:12

Powerhouse Energy Group plc (AIM: PHE), a company pioneering integrated technology that converts non-recyclable waste into low carbon energy, announces the signing of an initial 5-year framework agreement ("the Agreement") with Australian based, National Hydrogen Ltd ("National H2"). The Agreement sets out the terms on which the Company's technology and engineering expertise would be provided, on a project-by-project exclusivity basis, to National H2 for its intended roll out of multiple hydrogen-based projects across Australia, Italy, Switzerland, and Hong Kong.





Under the Agreement, Engsolve, now a wholly owned subsidiary of Powerhouse Energy Group, will undertake the Front-End Engineering Design (FEED) for the facilities, which would be fully funded by National H2, ensuring a seamless and well-supported development process.





In addition, Powerhouse and National H2 would work closely with the chosen Engineering, Procurement, and Construction (EPC) contractor. This collective effort will harness the expertise of all parties involved, enabling the successful realization of these projects, each of which would be subject to further project specific documentation being entered into at the time between PHE and National H2.





Powerhouse will not be required to contribute any capital for these projects. Instead, the collaboration will be based on a license fee and royalties model. This arrangement establishes a long-term relationship between Powerhouse and National H2, while also potentially providing a long-term income stream for the Group.





Development of the projects in Australia, Italy, Switzerland, and Hong Kong by National H2, using PHE's technology, could mark a significant milestone for Powerhouse, demonstrating our growing global reputation and our commitment to driving the development of sustainable energy solutions.





Powerhouse looks forward to working closely with National H2 to deliver these projects successfully, fostering innovation and creating a positive impact on the global hydrogen landscape. Further updates on the collaboration will be provided as and when appropriate.

[ken chung] 22/2/2024 07:09

First they have to build, certify and test an intermediate size system in the UK, followed by the same for a full size system, which could cost £40m+ and more dilution, and could be stalled by the ongoing patent challenge and further technical hurdles. Rollout with the Australian company is therefore still years away (5+ years is mentioned just for starters) and what's the betting they would end up part funding projects with further dilution, dispute what they say?

Lemmings and mushrooms only.

[tenapen] 20/2/2024 06:03

Mrs deccer after 15yrs of stalking this company on the many threads has gone and (not so) lucky Jim also. Just wee chung who has nothing else to do but ......

The power of not feeding the trolls.

[vatnabrekk] 19/2/2024 22:34

And Ken continues to be a drain on this BB.

[vatnabrekk] 19/2/2024 18:22

I'm sure I read somewhere (probably in an RNS) that PHE paid a deposit of £900k. I think it's unlikely that they would have made any further payments. I don't know what the final agreed price was.

[tenapen] 19/2/2024 17:58

Did we ever find out if Powerhouse energy paid for the kiln in full. I would guess Phe paid a deposit with the rest on completion. But these have been hopeless management, not giving a xxxx about the company as long as their fat cat wages were covered.

In Paul Emmitt we trust.

[vatnabrekk] 19/2/2024 14:44

The thing I find most disappointing is that they haven't been able to negotiate the release of the partially completed kiln from the liquidators of Mitchell Dryers. I can't believe that the liquidators can do anything else with it, surely it would have made sense to let PHE have it at an agreed price.

[paulsavannah] 19/2/2024 14:37

Disappointing reaction to it which I didnt expect. As u say they're moving forward.

[talldarkslim] 19/2/2024 13:40

Agree but at least they are moving forwards with a definite strategy

[paulsavannah] 19/2/2024 13:06

Seems a positive RNS but nothing concrete contained in it.

[smokey 1o3] 17/2/2024 11:56

Chung - prepare to be going over the cliff soon, like all good lemmings do.
You will beleft with "mushroooms" only as you say.

[ken chung] 16/2/2024 15:26

They definitely won't build and certify a full size commercial system in 2024 or 2025, and maybe not in 2026, and it could need another £40m+ to do it imo.

As if that wasn't bad enough, now their patent is being challenged in the courts.

Sell, sell, sell.

Lemmings and mushrooms only .

[tenapen] 16/2/2024 06:06

But that's what we're up against.The Big oil lobby $$$$$$$ ..I think people who want to know - know but you won't find this kind of news in the daily express & mail.