Powerhouse Energy Share Discussion Threads

[coldspring] 15/2/2019 08:57

Look out for a placing....

[nelson5100] 15/2/2019 08:55

No mention in the RNS of the amount of electricity generated and hours run at the Chester micro grid?

[spawny100] 15/2/2019 08:23

I was also wondering about the w2t contract and whether it had been extended. Should surely have been rns'd if so?

[mervin4] 15/2/2019 08:21

Now they have pushed the timetable for a first deal to June meaning it could be September/October before they get planning permission and Q4 2020 before construction completion, followed by a year of testing and new problems needing extra dilutive cash on top of the £20,000 per month in shares they are issuing to W2T.

[mervin4] 15/2/2019 08:15

It looks like KA renewed the agreement with PHE founder's private consultancy company W2T before resigning, so giving 50% of future profits to W2T plus a dilutive £20,000 per month in PHE shares.

[tsmith2] 15/2/2019 08:10

very decent update, pleasantly surprised

[mervin4] 15/2/2019 08:09

It does have a chimney pictured in their own slides and produces waste gas and solids.

[vatnabrekk] 15/2/2019 08:00

super n: "vatna - try telling that to the 'a chimney is a chimney' man :)"

You're spot on, the great thing about the PHE system is that it's not an incinerator, so it doesn't actually have a chimney!

[superbarnet] 15/2/2019 07:55

That is more like it!

[spawny100] 15/2/2019 07:49

Still very much jam tomorrow - realistically who would buy a unit before a commercial scale prototype is up and running? I've seen too many similar rns' from other companies to get too excited about this. Agree KA departure clinched it for me.

[colinzeal] 15/2/2019 07:41

I think that update this morning is pretty bullish irrespective of KA’s departure. Still huge risks but more confident after today’s RNS.

[mervin4] 15/2/2019 07:35

KA's resignation says it all.

[mervin4] 15/2/2019 07:34

More delays. Means they won't get a commercial unit operational this year. If it is built it will need its own testing. Still no patent protection. Cash running out.

[nobbygnome] 15/2/2019 07:29

First revenue generating deal in the next quarter....

Wonder how the knockers will trash that!

[jamdan1] 15/2/2019 07:20

Cracking rns....several blue chip companies interested. Will be a good day

[supernumerary] 14/2/2019 22:46

vatna - try telling that to the 'a chimney is a chimney' man :)

[lagosboy] 14/2/2019 20:32

vatnabrekk is correct so you had better hope for third time lucky.

Th end game must be very near given the track record.

[vatnabrekk] 14/2/2019 20:28

The two systems quoted above, that were rejected, are completely different to PHE's DMG system. One of them is an incinerator, and the other uses half of its energy to clean up the emissions it creates.

[mervin4] 14/2/2019 18:19

Going into administration ?

[supernumerary] 14/2/2019 12:15

Don't be silly - that's exactly what I've said innumerable times in the past, including well before your arrival here.

The point you've missed is that PHE has been able to continue raising funds to keep the game going, and no doubt intends to do so into the future, despite the total absence of a working commercial system or a viable business model.

However Interserve has probably removed even that possibility - all it takes is a Google of 'waste to energy' or similar and the Interserve warning story comes up, as do the planning application rejections.

Technical and commercial non-viability has never stopped this gravy train rolling - only the absence of capital will ultimately do that.

[lagosboy] 14/2/2019 11:52

super- you continue to miss the point none of this, nor is the potential of a hydrogen economy is in dispute, but it is not in any correlated to Phe being able to develop, complete and deliver a commercially viable unit within a sustainable business model which makes it currently totally irrelevant as evidenced by the share price.

[new tech] 14/2/2019 10:43

Its a disgrace.

[supernumerary] 14/2/2019 10:31

A couple of links for those who still believe:





They show very clearly the current attitude towards WtoE in the UK. And before anyone says 'but PHE is different - it's clean' - I suggest they try finding an argument that will convince the guy shouting 'a chimney is a chimney' - about as much chance as persuading Teresa May that Brexit does not mean Brexit.

After Interserve I don't see how phe can possibly raise meaningful money or enthusiasm for their own brand of untried WtoE in the UK. It's dead. Even KA seems to have got the message.