Powerhouse Energy Share Discussion Threads

[superg1] 03/10/2017 06:55

I can't see any obvious announcement that they we're going to leave AUS other then the shipment of the unit to the UK with no real explanation.

However on arrival and rebuild

31st July

"Through this period a number of improvements and modifications to the G3-UHt system have been made, ahead of the scaling up necessary for commercial deployment. These have
included the enhancement of the gas systems, refurbishment of the feed and
steam generation systems"

"Following an extensive pre-commissioning programme, the 24 hour commission
testing this weekend used tyre crumb as the input feedstock and produced a
robust stream of syngas which was safely flared to the atmosphere."

The in August it looks like it was run for a week and stripped down to check each part, update awaited.

[superg1] 03/10/2017 06:32

This seems misleading too 5th Sept 2016.

To me it gives the impression the system has run for several months which doesn't seem to be the case.

28th April they said they had identified some modifications needed. They add they would update the market when final testing sorted.

News 25th May re the deal but no update re the unit.

30th June

"however the engineering team persevered and has now completed a fully functional, nominal 2-5 tonne per day (tpd), system which is being demonstrated in Brisbane, Australia."


5th September.

30th June they suggest finally completed and around 9 weeks later they give the impression it has been tested for several months?

They then say the nominal 1-3 tonne unit as designed when all along right up until that point they called it a 2-5 bpd unit ???

So how can it be aid to be operating "as designed" at 1-3 bpd when the design was quite clearly for 2-5 bpd. No mention of the large percentage drop in its capability v what they said they were building.


"This is a significant milestone for the Company, " said Keith Allaun,
Executive Chairman of PowerHouse. "We've been stress-testing all components of
the G3, in a discrete and focused manner, over the past several months. Based
upon our most recent operation of the complete system, we've reached the point
that we can declare the successful conclusion of our formal testing program."

The PowerHouse Energy Group ultra-high temperature gasification reactor testing
program has utilized feedstock which has included both shredded plastic and
tyre crumble, and has successfully cycled the system repeatedly. The nominal
1-3 tonne per day (TPD) G3 unit has continued to operate as designed; gasifying
the feedstock at temperatures above 1100 degrees Centigrade, generating
synthesis gas (syngas), and cleaning and cooling the syngas, which can then be
used for electrical generation or other fuel creation.

[superg1] 03/10/2017 05:44

That loan note

On 26 June 2015, Hillgrove provided a letter of comfort to the Company confirming that it is willing to continue to provide adequate financial support to PowerHouse to ensure the Company may meet its legitimate obligations as and when they fall due, and to ensure it operates as a going concern for a period of at least twelve months from 30 June 2015, pending any unforeseeable or material changes to the Company's current circumstances.

"new conditions to the Convertible Loan Agreement:"

"-- Powerhouse must complete relevant commercial negotiations, demonstrated by signed contracts, so as at least one commercial Waste-to-Energy project is commenced within the next 12 months."

Just 1 month inside that date PHE come up with deal with PHE. An old founder member of PHE David Moard.

How convenient was that?

However the loan note deal does say

"at least one commercial Waste-to-Energy project is commenced within the next 12 months."

So does the signing of the deal count as commencement of a project.

[superg1] 03/10/2017 04:47

Lagos

I can't help it, it's been pushed my way so I'm simply picking though the bits and piece to understand it and the more I read the more negative I become.

I'll pick out some bits and you will see why. As far as I can see it's not proven at all and the most recent news tends to back that up due to the constant changes of the tech.

Also some lines of old which put questions over deals.

[lagosboy] 02/10/2017 13:01

Bond is also an old chum of KA, they worked together back in Aussie at Linc Energy - now bust and in administration.

Why would Bond cash in at face value a large chunk of his convertible debt accruing interest at 15%- sure its onerous for Phe but you don't walk away from convertible debt if the commercial prospects are so good.

I think superg1 is absolutely spot on with his analysis and I share his views.

As for the Warwick bloke- he posts day in, day out hourly nonsense about Phe which is very odd for a 10% shareholder.

only a matter of time before Phe is gasified into oblivion for my money.

[schofi2] 02/10/2017 11:52

Anyone going to the demonstration?

Powerhouse Energy Group PLC

26 September 2017

26 September 2017

PowerHouse Energy Group plc

("PowerHouse" or "the Company")

Open days and technology demonstrations

As announced previously, PowerHouse Energy Group plc (AIM: PHE), the company focused on ultra-high-temperature waste-to-energy and waste-to-hydrogen systems and the creator of Distributed Modular Gasification (DMG(c) ), is to host two Open Days, with technology demonstrations, in October 2017.

The events, to be held at the Thornton Science Park, Chester, UK on Wednesday 18 and Thursday 19 October 2017, from 4:00pm to 6:30pm, will be similar in content and format and alternative dates have been arranged to accommodate numbers and diaries. The format will be:

-- Welcome, safety briefing and site tour;
-- Presentation by Keith Allaun, Executive Chairman, PowerHouse;
-- Presentation by Myles Kitcher, Managing Director of Peel Environmental;
-- Demonstration of PHE G3-UHt DMG(c) system;
-- Q&As;
-- Further discussion over refreshments.
Security at the facility is a priority so any individuals wishing to attend should PRE-REGISTER by emailing [e-mail] or by calling [phone], and they will be contacted to coordinate attendance. Due to logistics and security, the facility can accommodate a limited number of visitors each day, so guests are asked to indicate a preferred attendance date.

Complimentary return transport will be provided from Chester train station to the site (approximately 20 minutes).

Light refreshments will be served after the technology demonstration. PowerHouse executives, Board members, and staff will be on hand to answer any questions.

Keith Allaun, Executive Chairman, said: "Our decision to become the first tenant at the Energy Centre at Thornton Science Park has proved the right one. The facilities and support provided by both the centre and other organisations located there have contributed to our achieving the intended goals of our demonstration programme."

As announced on 6 February 2017, PowerHouse has signed a Memorandum of Understanding with Peel Environmental Ltd and its subsidiary This is Protos LLP to pursue the development, construction and operation of an energy from waste plant at Peel Environmental's Protos facility near Chester.

[superg1] 30/9/2017 14:35

Deccer

I'm still trying to get my head around this can you explain it.

Howard White AFC with a share price that is tanking.

He has backed both AFC and PHE but some sort of deal on AFC with PHE.

Then PHE with waste2tricity which against Howard White and now some of the PHE guys.

WTF is going on.

[new tech] 30/9/2017 12:37

I have modified the thread heading info in the context of Post 5288.

[phoenixs] 29/9/2017 11:55

It would be typical. If PHE succeeds (and I have serious doubts) then the directors of PHE have a money printing vehicle which will take a very large proportion of any profits made by PHE. IF PHE fail and go bust, the directors walk away having had no skin in the game leaving the poor unsuspecting shareholders with nothing. Disgraceful and the company should be investigated and so should the rampers. Well done Deccer for your post.

[club sandwich] 29/9/2017 11:14

looks like a classic AIM fraudshow to me. And I should know - I lost a ton on Paragon Diamonds and have spent the past six months putting a class-action together...

[superg1] 29/9/2017 10:48

Deccer

I have to say I'm speechless re your post and I'm trying to digest it.

[norbus] 29/9/2017 09:36

where are your sales ?

Pie in the sky

Many of those fail

ACTA, IEH, CAP, cfu, a bloody long list

[superbarnet] 29/9/2017 09:35

The next three weeks will be very intersting

[kirkuk] 29/9/2017 09:06

Judging by the calibre of the people involved now I think
they would have seen through it a long time ago if it was
a dud.

Looking good now.

[norbus] 29/9/2017 08:43

How many mugs are in here , not knowing the directors take out but not invest?

[rockraven] 29/9/2017 08:13

Not everyone falls for the hydrogen fantasy:

[superg1] 28/9/2017 12:01

tenapen

I have noted that too so have been wondering if much the bears 'list' was down to one poster with various avatars.

I'm not a bear I'm just looking at the tech and news and for me its sound like investors were seriously and knowingly misled back in late 2014.

Same name same spin so for me it needs absolute independent testing before many will believe any of it.

[tenapen] 28/9/2017 10:42

I have been trapped in this stock for more years than i care to remember. We have been suspended, had a name change and i've writen them off more times than ive had hot dinners, but still they keep plodding away so hats off to them. If they ae a buy or sell is up to the investor ! good for you, superg1 for asking the question.


What is more interest though is the recient posts. Since warwick came on here he was followed by the bears, OK certain posters have Trolls and followers. I had noticed when Warwick stoped posting the bears stop ! coincidence !. I would have thought after Superg1's long list of posts the thread would have been full of follow up posts agreeing with the bear points but No all quiet. .... is it Me or do the bears only post when Warwick posts mmmmmm ! :-)

[runthejoules] 28/9/2017 10:24

I guess the flip view of all these failures is viewing Allaun as having persistence - there aren't any more countries they can run to these days if it doesn't work, and I reckon they wouldn't be doing the open days if it didn't work. How well it works is another matter. My view is they'll probably have another placing after the open days. I doubt the tech is finished and they'd be better off being bought out by a bigger company with the resources to perfect it. Just a punt for me.

[superg1] 28/9/2017 10:01

Newtech Superbarnet

I have read your posts late 2014 when there is a huge amount of hype form the company and indeed there are some comments about reviving email form the CEO about how great it all is and exciting things to come.

YET

Within weeks you get news that the Pyromex tech had obviously been failing for some time in complete contrast to the news in them to the news running up to that.

If you got such meals and in nay case ignoring this the CEO was pumping and hyping the pyromex tech when in fact it seems fairly clear things were going horribly wrong and he knew that.


So why on earth with the misleading news and complete fail would you believe a word the company says.

There was also posts about the confusion of mysterious selling on the hype and run up to the death the Pyromex tech news. Shouting about dodgy MMs and screwing the market trying to pick up stock.

So posts from you guys Imo should be entirely ignored, you have been screwed once and have completely ignored it.

The tech quite clearly needs independent testing and anything the CEO says up until that point should be seriously questioned.

Thuis is being sold as the best share on the market but the history suggests there has been some misleading news.

It can't go from huge interest with companies queuing up and fantastic world beating tech to those using it had been experiencing issues for some time. Clearly fatal issues and the fatal news contradicts hype news in the months prior.

There was no news about the serious issues at all just hype which you all bought and as a result kept buying shares.

[superg1] 28/9/2017 09:37

Possibly a ADVFN glitch or some spam attack as 1610 posts are missing over a period of just a few days so ignore the last.

[superg1] 28/9/2017 09:31

A quick question

Can someone try to find the posts about the time of the hype in late 2014 then the bad news of early 2015.

I started from post 1 then at post 67 it wouldn't would show anymore. It may be a glitch my end. I'll keep trying. EG I tried post 100 and got nothing. I'll keep trying different numbers.

[superg1] 28/9/2017 08:17

Tena

It is unusual re the share circs but for me the early hype on Promex as a world beater with huge interest is then followed by news that the users had been experiencing problems for some time was surely a sign that the hype prior was untrue. There were unreported ongoing serious issues, quite clearly there were as it was entirely abandoned.

Hence Imo anyone looking at the history will consider what the CEO says is not to be trusted at all based on such history.

So I can see why many are saying they will believe it when extensive tests are done independently.

Tests were done in Brisbane but then they left to come to the UK. On arrival here near every part as been changed or enhanced (CEO interview comments).

It doesn't sound anything like a proven unit to me.

The will be completed in 30 days turned into 18 months. Described as so simplistic and then in the end they talked about the significant challenges. Each delay was said to be minor changes like efficiency. At no time was it suggested that delays were due to significant challenges.

All irrelevant though if they get a large unit built and run it 24/7 for 3 to 6 months and tested by an entirely independent qualified organisation. With post stress testing etc.

Then obviously PHE will be a long way towards proving the kit is viable and works.

What has been said before has proved to be untrue. so why should anyone believe anything other than independent considerable testing.

So much has been said how great the kit is so I simply read from 3 years or so back and posted as I went and you can see my view re that.

So on that point I get why those that have been around this for a while want to see solid independent lengthy tests before they will believe the hype.

What's the issue for PHE. No need to shout it out, just get on with independent extensive testing with proven success and no issues will see the company soar.

It's an easy answer so crack on I say.