Powerhouse Energy Share Discussion Threads

[linesal2] 17/4/2019 18:19

jak-off- should be!

[lagosboy] 17/4/2019 18:18

Oh I see cashless, capital less , project less W2T is now going into partnership with an unknown company to fund the building and development of the first DMG having presumably also agreed to pay Phe a license fee for the unprotected technology and the lack on any maintenance capability.

What a lovely gesture and I guess it makes perfect sense for a moron partner that you so incisively refer to.

It was not long ago that Phe was going to borrow the circa £5 m capex secured on the wonderful cash flows and NPV projections of a DMG unit. Align Research devoted endless hours and sleepless nights paying the best analysts money can buy to dream up the most compelling cash flow and NPV projections available to mankind and now it seems that approach has gone out the window in a puff of smoke.

The shenanigans here and over a period of years for what is meant to be ground breaking technology with a global commercial opportunity just about say it all. Its now about bringing in a bunch of new mug punters to keep the gravy train afloat and bale out Howard White and his chums and the likes of Paul Warwick who has shamelessly ramped this shipwreck for a number of years.

[vatnabrekk] 17/4/2019 17:58

So, JakNife, any prediction as to what "moron" will partner W2T in the SPV to own the first DMG unit at Protos?

[vatnabrekk] 17/4/2019 15:40

Well, lagosboy, it's encouraging to learn that you acknowledge that PHE won't need a placing to fund the capex of the first DMG unit. That's progress!

So let's see if we can push the boat out a little further: Who do you think the partner might be who will join W2T in the SPV to own the first unit?

[juju44] 17/4/2019 12:57

Looks like nobody believes it

[lagosboy] 17/4/2019 12:02

Let me explain- Phe cannot raise any money because its share price is too low and quick frankly its AIM ATM has been over used and the next visit will see the card eaten up.

So plan B is to use W2T to raise some money which they are trying to do by pulling some investors in, on the back of an IPO which is clearly struggling to create any 'real' investor interest. I doubt very much that it will succeed and why no alternative funding sources seemingly available that don't involve giving away more and more of a company that Phe shareholders have funded?

W2T, and Howard White in particular who has foolishly put money into Phe is now desperate to find a way out and get that money back by bringing fresh investors on board. Its surely why KA went, Howard White finally lost patience with is lack of progress.


Doing deals with W2T all very well, but the analogy is two drunks holding each other up, neither with any money left to buy the next round.

As for Vatna- if he believes listed companies can be run on zero cash then good luck to him.

[nelson5100] 17/4/2019 11:59

How many people are paid by shares , see the recent RNS issued and the RNS to correct the error in the first RNS.

Are you saying that no placing will be made by PHE during the rest of 2019?

[vatnabrekk] 17/4/2019 10:16

nelson, can you please explain your reasoning for suggesting that PHE will need a placing? Clearly they don't need to cover the capital cost of the first DMG unit as that is being dealt with by W2T within the SPV, so why are you so sure that PHE are going to need a placing?

[pugugly] 17/4/2019 09:58

From W2T website
Waste2Tricity are currently working with EY London to raise funds within an SPV for the first commercial project. A site has been identified and negotiations for land purchase are at an advanced stage, this page will be updated as details are confirmed. View information about Waste2Tricity's £1,000,000 fund raise

Waste2tricity are also working to build a conditional order book to follow successful commissioning of this first commercial site, once proven a roll out will begin ensuring first to market advantage.



but dated 2018 - Interesing

[nelson5100] 17/4/2019 09:41

So will there be a placing before the 2018 financial statements are signed off by the auditors , which is 30 June 2019 at the latest to meet Aim and Companies filing deadlines??

[linesal2] 17/4/2019 08:54

last bite of the cherry lagos, you had your fun now time to stand aside and watch it grow!

[lagosboy] 17/4/2019 08:27

Perhaps someone could explain how a company with no money (W2T) can pay another connected company, also with no money.

titling the RNS ''first revenue contract'' is wholly misleading and Mr Ryan has clearly learned well from KA.

More meaningless deals amongst friends, but watch out for the Placing to follow after another inevitable spike fuelled by traders and gamblers.

[linesal2] 17/4/2019 08:04

Your losing your argument KEN and posting lies is your only and last resource!

[ken chung] 17/4/2019 07:59

Today's news is just part of the previously agreed payments so nothing new .Still years away from completion of construction , testing and certification of a full size commercial system, and even then it could need further development work or fail.More share dilution coming.

[linesal2] 17/4/2019 07:19

News out, it's starting and we will be getting paid :-)

[runthejoules] 17/4/2019 07:15

Why no charts?

[ken chung] 17/4/2019 00:40

The only certainty is there will be more confetti shares hitting the market and diluting your holdings.Enjoy the dilution.Lemmings and mushrooms only now.

[vatnabrekk] 16/4/2019 22:48

Bruce Nicholson, Commercial Operations Manager, at the UK Investor Show 30th March 2019:

[nelson5100] 16/4/2019 17:29

Looks Red to me??

[leeroy jenkins] 16/4/2019 13:19

View CEO of PowerHouse Energy talking at The Global Group UK Investor Show here:

[linesal2] 16/4/2019 12:26

Looks Blue to me?

[ken chung] 16/4/2019 11:50

Going down.As far as I can see all they have invented is a confetti share issuing machine that destroys shareholder value.Lemmings and mushrooms only now.