Powerhouse Energy Share Discussion Threads

[grahamwales] 26/3/2024 11:32

That’s all this company does is talk but never achieve anything 🙄

[grahamwales] 20/3/2024 14:33

And why do you think the IP is worth many more times than its present value

[schofi2] 20/3/2024 13:18

The IP of PHE is worth many times its present value IMHO
2024 is looking more promising after some rather pathetic post covid activity.

[stockhunters] 20/3/2024 08:30

up another 20%

[juju44] 20/3/2024 08:29

Re run of the early days coming

[grahamwales] 20/3/2024 08:20

Well done guys but £50 million m cap for a company with no revenue and £5 million in the bank sounds somewhat excessive tbh.

[ken chung] 20/3/2024 08:03

PHE had to pay Paul Emmit and Richard Riddel £572,000 for their shareholdings in Engsolve.

[tenapen] 20/3/2024 07:51

Paul Emmitt has put his money where is mouth is and bought PHE shares. A first for the many directors we have suffered over the decade.

In Paul Emmitt we trust.

[ken chung] 19/3/2024 18:03

Longford 3 years away?

[smokey 1o3] 19/3/2024 16:43

NewTech- Please no list of resigned Directors in red.
Lets look forward please.
"In Emmitt we trust".

[ken chung] 19/3/2024 16:10

Alternatively I might start my own very negative thread.

[ken chung] 19/3/2024 16:06

New Tech please reinstate the list of directors who jumped ship and highlight it in red.Lemmings and mushrooms only.

[juju44] 19/3/2024 15:55

Emitt certainly more promising than the previous parade of clowns

[tenapen] 19/3/2024 15:34

JV terms amended. Although most of the terms are similar to the original
agreement (Longford JV agreed with Powerhouse Energy, 22 March 2023),
there is a slight change to the payments. The initial agreement was for a
£400k payment. HUI has already received a payment of £100k, and will
receive further £100k payments on the signing of the Subscription and
Shareholder Agreement and once planning permission has been granted.
The partners will fund the development on a 50/50 basis with initial
funding by way of shareholder loans (for a maximum of €200k each).




Thanks juju - I didn't want to start it but New Tech was so out of date with so much None Powerhouse RED in the header, i just couldn't add any more to it.
People are OK if they still want to use New Tech's thread.

[juju44] 19/3/2024 15:34

good to see a new thread and good timing . I think things are turning around here at last and I am fully loaded

[tenapen] 18/3/2024 07:04

Well flagged Cash2020


In Paul Emmitt we trust

[tenapen] 18/3/2024 06:43

Why is all of this HUI specific news in the header of a PHE thread ?

-----

HUI acquire 49% of Carbon Capture and Sequestration Ltd (CCS) for a loan of E500,000 to CCS (convertible into a 48% shareholding under Option by 31/10/2024) to HUI Director and CCS's founder/Director, Howard White. CCS does not currently appear to do any carbon capture or storage. The money will be used to as a first payment towards a total cost of E9.5m (spanning Jun 2023 - Dec 2029) for CCS to buy 95% of a cannabis farm in North Macedonia. (HUI, 21/6/2023)

The stated reasoning is: "The cashflows anticipated to be generated by CCS and which would flow to HUI following acquisition, based upon CCS projections, would provide HUI with a stream of positive working capital to fund its operations and the roll-out of projects...Should HUI exercise the Option, the acquisition of 49% of CCS would represent a material related party transaction due to Howard White's current ownership of it."
---++

And the rest

[smokey 1o3] 17/3/2024 17:55

Thank you New Tech. Very good listening especially IGTV. And if only the new Centre in Cardiff can have the new testing version up by early 3Q as reported we will well on the way..
Well done Paul Emmitt is what I say.

[tenapen] 17/3/2024 16:06

Still lots of work to do with the header NewTech

You have a paragraph in red "Presumably HUI were not therefore expecting PHE technology to be commercially available and able to generate revenues for themselves, any time soon, hence indirectly now buying into a cannabis farm"

Question; Who is doing the presuming ?
--------

Also in Red, you ask "is unclear why PHE paid £572,000 for 52% of Engsolve in Jun 2023, when they only paid £99,990 for 48% in 2021 - Something closer to £108,322 for the 52% in 2023 may have been more logical on that basis; particularly as PHE presumably accounted for a large proportion of Engsolve's revenues, and Engsolve technical staff could perhaps instead have been recruited into PHE at zero cost.


- 12/8/2021 - PHE acquired 48% of Engsolve for £99,990, from PHE CTO and the wife of its former CEO, in a related party"

This has been answered on a recent RNS,

-------

From IGTV webpage - but being as thick as I am told I am, I cannot seem to be able to c&p the link.

Powerhouse Energy building a royalty gas production business
While in a close period the chief executive of Powerhouse Energy (PHE), Paul Emmitt, caught up with IGTV to discuss the company’s business model.
Cont...

The writeup reports they have a algorithm to change the settings in the kiln - is that possible ?. It also writes about taking car tires again Mmmmm !

In Paul Emmitt we trust.

[tenapen] 17/3/2024 13:47

Bitter and twisted Graham - keep holding the go nowhere fuelcell donkey that is ITM.

T'was but a year ago you were loving Powerhouse energy - looser

[cato the elder] 17/3/2024 11:40

Powerhouse Energy Group hoping to have pilot plant "up and running" in Q1 2024.

Well, err.... he says "that would be nice", or words to that effect, but a lot of patents also being taken out.