Powerhouse Energy Share Discussion Threads

[vatnabrekk] 25/9/2019 12:56

You tell us, Nelson. What impact do you think it will have?

[nelson5100] 25/9/2019 11:44

Wright Bus had gone into Administration.

What impact will this have on PHE and it's MOU??

[cmackay] 25/9/2019 00:34

That's good news

[vatnabrekk] 24/9/2019 21:10

There's no need to rush with a placing. In an interview with Andrew Scott at Proactive on 14th August, David Ryan said: "We're sound. We're funded through pre-project. We've cut down expenditures other than focussing on what we're really doing, and now we have the advantage of having been paid for our engineering services, and hopefully we're about to secure a couple of feedstock trialling and testing contracts with third parties both in the UK and internationally."

So they've reduced their spending, and the prototype at Thornton Park is earning them money.

[cmackay] 24/9/2019 20:46

Won't be down here

[dodge_city] 23/9/2019 14:48

When's the next placing?

[vatnabrekk] 23/9/2019 14:39

Bear in mind that PHE are not intending to pay for the capital cost of building any of these units, well not initially anyway. That is down to W2T and any partner(s) that they may bring into the SPV (Special Purpose Vehicle, which used to be called a "Joint Venture") so it is W2T, aided by Peel, who are trying to fund the first DMG unit.

[zeppo] 23/9/2019 14:01

'PowerHouse Energy inks hydrogen bus MOU with Wrightbus Ltd
“This is the model by which we can begin to change the environment,” said Powerhouse chief executive Keith Allaun'

This was 20th Feb 2019.

Keith Allaun has since moved on.

PHE need cash for get the commercial units started.

Discussion at the AGM suggested that if/when the initial units are backed - then cash rich institutions will follow.

If Weichai have actually pulled out of the Wrightbus takeover it is very disappointing.

[superbarnet] 23/9/2019 10:54

The link is in the post above from Vatna

[zeppo] 23/9/2019 10:05

nelson5100

I had missed any link between Wrightbus and PHE.

Can you please point to it?

Wiechai's interest was recently mentioned in The Sunday Telegraph and the Belfast Telegraph.

[vatnabrekk] 23/9/2019 09:12

Nelson, I would be interested to hear your opinion on what impact this will have on PHE and it's MOU with Wrightbus.

[zeppo] 23/9/2019 09:00

smartphone stuck

[zeppo] 23/9/2019 08:59

Weichai Power were understood to be in an eight week due diligence process before taking over Wrightbus.

CWR site has news quotes on this.

Ideal would be for Weichai to invest in PHE.

I am not aware that Weichai have on hydrogen pproduction arm.

[nelson5100] 23/9/2019 08:23

Article about Wrightbus in the Guardian, says financial problems and looking to external suitors for finance or to be acquired.

What impact will this have on PHE and it's MOU with Wrightbus??

[lagosboy] 19/9/2019 20:31

With so much potential why is this stock valued at the level of a bedsit squat in a dodgy area of town?

If Ryan is such a big Charlie Potato why isn't he employed at a big player ?

Why did KA jump ship on the verge of a mega deal with Toyota?


Don't ignore the obvious.

[nelson5100] 19/9/2019 20:29

Wonder why the delay in updating the Significant shareholders schedule which should be no more than 6 months old?

Shouldn't take a company secretary very long to check the shareholders register
.

Will Renewme still be a significant shareholder?

[superd1ck] 19/9/2019 20:03

Thanks Jaknife





JakNife13 Sep '19 - 10:01 - 10870 of 10909

superd1ck,

warwick posts under a different name now because he's trying to pretend that it's not him

JakNife

[nobbygnome] 16/9/2019 11:11

>> jack

Or perhaps they will sell some units. You can find out the progress when you go on the site visit.

[338] 16/9/2019 10:24

Can the company survive financially with annual expenditure over £2 million per year?

[superbarnet] 16/9/2019 08:05

Looks like they are short of stock paying 0.414 with a middle of 0415.

[nobbygnome] 16/9/2019 07:45

You can find out when you go on the site visit Jack!