Powerhouse Energy Share Discussion Threads

[linesal2] 17/2/2019 19:54

Vatnabrekk- no good talking to the likes of lagosboy as PHE dissposed of him long time ago, along with the old technology- he just can not accept they have made it without him and improved the technology.
I very much doubt that in July when the contracts are signed that he will say he was catastrophically wrong-he will just crawl back under his rock waiting for his next opportunity to post negatives- remember He has been posting negative comments on the PHE boards for over 5 Years (that is not a rational person) anyone can click on his username and look at his previous posts to see he has a serious problem with PHE-
But rest assured he is being investigated shortly...

[lagosboy] 17/2/2019 19:02

As I said you ares splitting hairs and given that there appears to be little chance of any revenues its all mute and that's the way the market sees it.

What company gives away 50% , 30% , 20% or even 1% of global ground breaking technology to a dud company that W2T surely is.

The whole thing stinks for Phe shareholders that have funded Bond's Ore Pro and now W2T's interest.

[vatnabrekk] 17/2/2019 18:59

True, pug. No-one is suggesting that it is guaranteed. I suspect that all long term holders are fully aware of the risks, and those who are sticking with it have decided to take that risk on the basis that, presumably, they think there is greater chance of success than failure. That is simply a matter of of opinion for each individual, and some will regard the risk greater than others.

It is good for posters to identify the risks from time to time because it is important for newcomers to be aware of this. But I doubt if anyone invested in this project need to be reminded!

[vatnabrekk] 17/2/2019 18:46

PHE gets 20% of net revenue (i.e. total revenue minus direct operating costs) from the operation of all units.

The remaining net profit in each SPV (which we oldies used to call Joint Venture Businesses) after deducing the SPV's other costs such as admin, interest, depreciation, will be split in accordance with the shareholding of the SPV. So if W2T and ANO share the ownership of the SPV equally, then they will share the net profit of the SPV equally.

Likewise, if W2T and PHE share the SPV on a 50/50 basis, then they will share the net profit of the SPV on a 50/50 basis.

It all depends upon how the SPV is financed, and how the capital cost of the DMG unit is financed.

None of that suggests that W2T get 50% of PHE's profits.

[pugugly] 17/2/2019 18:40

vatnabrek:- Lagosboy has answered part of my concern in his penultimate paragraph above- Many have tried and gone to Carey street - both as a way of producing syngas and also destruction of toxic waste - As it is agreed - a great idea - but not yet confirmed as commercially viable.

[vatnabrekk] 17/2/2019 17:58

Why do you say that Pug? They have had a working prototype up and running at Thornton Park for over a year. Admittedly it isn't at the 25tpd commercial scale, but it is sufficient to prove that the gasification process works, and has enabled them to run tests on various feedstocks and to gather lots of data. That has enabled them to produce computer simulations representing a scaled-up 25tpd unit. Of course we can never be sure exactly how a 25tpd unit will work until it is physically built, but computer simulations are much more reliable these days than they were 5 or 10 years ago.

[pugugly] 17/2/2019 17:46

vantabrekk- Agreed but gtg is up and working while PHE (so far as I can see) only has designs and no prototypes - If they had a working and proven prototype it would be a very different matter.

[vatnabrekk] 17/2/2019 17:38

Pug: Not quite the same sort of thing. The btg system turns biomass into liquid fuel i.e. oil. So when that is burned as a fuel, presumably it produces CO2 so I'm not sure why that is any better for the atmosphere than conventional fossil fuels. Although it may not be quite so toxic.

The PHE system on the other hand will produce hydrogen for use as a fuel, without releasing toxics into the atmosphere, and producing only one-sixteenth of the CO2 that is produced when manufacturing hydrogen by the methane steam reformation process, which is the most common method at the moment.

That is the great advantage of the PHE system over the other gasification processes.

[pugugly] 17/2/2019 17:23

linesal2 . To help with the research -
From 24p in 2012 to 0.40p today says it all - No working prototype - no commercial sales - one of many companies trying to make pyrolysis to work - cannot find one that has been commercially successful with waste tyres

Though there does appear to be successful bio-mass one operating in Holland-


Worth a look as some of the technology/workflow seems similar.

[pugugly] 17/2/2019 16:51

From 24p in 2012 to 0.40p today says it all - No working prototype - no commercial sales - one of many companies trying to make pyrolysis to work - cannot find one that has been commercially successful with waste tyres Though there does appear to be successful bio-mass one operating in Holland-

[vatnabrekk] 17/2/2019 16:14

You are wrong about PHE giving away half the company, lagosboy. It has been erroneously stated on this BB several times that W2T gets 50% of PHE's profits, and that is simply not the case. Go back to the original agreement and read it again, carefully this time.

[lagosboy] 17/2/2019 15:04

Have you heard the one about the company that has ground breaking technology with global potential, only problem being that it could not sell this ground breaking technology.

In order to try and rectify this it gave away half the company plus £20,000 of shares every month to a company to sell the technology.

But the story gets even better as that company engages a major shareholder by in Phe by the name of Mr Warwick as a consultant in a last ditch effort to try and sell the technology. Well, least they could do to try and help him save his bloated investment.

Unfortunately a small scale, untested prototype housed in an academic institution with verification of its design drawings does not quite cut it in the big wide world.

Phe is done, KA knew it, and now we have a last ditch effort to raise some funds to keep the lights on.

In answer to your question contacts which are dependant on future highly uncertain and in my view impossible, events happening are pretty worthless. If this were not the case why on earth would Phe give half the company away ? Not 10%, not 20% but half the company despite the millions funded by its own long suffering shareholders.


All in my humble opinion of course.

[linesal2] 17/2/2019 14:36

Everyone should do there own research but it is coming :-)

[linesal2] 17/2/2019 14:35

Contracts are worthless pieces of paper- you sink to lower and lower levels.

[pugugly] 17/2/2019 14:21

linesal2 - I just love your cynicism - Be careful though some of the newbies might believe you and r-666.

[lagosboy] 17/2/2019 14:09

Phe has no money, w2T has no money - nothing plus nothing equals nothing.

Go check Companies House Records for yourself instead of quoting agreements based upon issuing worthless paper and worthless future arrangements.

The word Ponzi springs to mind.

[linesal2] 17/2/2019 13:44

Things are getting close to lift off- exciting times for PHE and it's shareholders.

[linesal2] 17/2/2019 13:33

lagos..
Extract from agreement
"The terms of the contract are such that Waste2tricity will initially be compensated in PowerHouse
shares for its fees of £20,000 per month to be issued on a monthly basis. 51 per cent. of the shares will
be restricted until a final investment decision on a commercial project is reached.Subsequent to
successful project development, and after each party recovers its project-related costs (including
PowerHouse recovering the expense of the shares issued,) "
Keep taking the pills!
Put some money in and you might get your shirt back!

[lagosboy] 17/2/2019 10:19

What a coincidence, first we get a operational update via RNS followed hot on its heels with an Align Research note but that is nothing more than a regurgitation of the RNS and then lastly we receive notice of attendance at an investor show in Edinburg tis week - how convenient.

Its about as transparent a corporate pump than one can get and we seen this modus operandi time and time again by Phe. Shareholders get burnt over and over again but never seem to learn any lessons.

Pher is in a absolutely desperate position in terms of funding, with that share price comfortably back above .5p its like having its oxygen supply cut off.

As W2T they have never been able to raise any money of substance since the day of its incorporation it would seem unlikely they will play the role of the white knight but one thing you be sure of if there is going to be a white night shareholders will be diluted into absolute oblivion.

[linesal2] 16/2/2019 17:20

just for info- when PHE start flying AFC may also, as they have a tie up with Waste2Tricity for fuel cell production. I have not researched AFC in any way shape or form currently, may start having a look at the tie up they have.

[linesal2] 16/2/2019 16:48

Duplicate post.

[linesal2] 16/2/2019 16:48

The level of interest in the PowerHouse proprietary DMG® process from potential customers, development partners and engineering, procurement and construction (EPC) contractors has increased significantly in the last quarter. Most of the interest expressed has comprised specific enquiries that have been or are being taken through a screening process prior to formal proposals. As a consequence, we are progressing a number of potential deals in parallel, which we are confident will result in a final contract for the first commercial DMG®. We also have strong expressions of interest from over a dozen site owners who would like to establish DMG® units on their sites once our first unit is proven operationally.