Powerhouse Energy Share Discussion Threads

[deccer1] 29/9/2019 10:31

vatnabrekk your opinion does not count as you are ball deep and desperate.

Kindly go stand in the corner with the dunces hat on and shut up.

[vatnabrekk] 29/9/2019 09:58

"...and half of future profits..."

Absolutely and totally wrong. I have killed this rubbish and lies off several times but you just ignore it. A true TROLL!

[smokey 1o3] 29/9/2019 09:13

Lemming,
Oh so you have invested!!

[ken chung] 29/9/2019 08:47

Another failng AIM stock.

Lemmings and mushrooms only.

[smokey 1o3] 28/9/2019 10:23

vatnabrekk

Yes, and with a fully functional business for others to see. There will be a time before then. LOL.

Mushrooms and Lemmings [Ken I am no Lemming. Are you? Have you invested?]

[ken chung] 28/9/2019 09:56

DILUTION WARNING! DILUTION WARNING! DILUTION WARNING!

AGM resolutions 6 and 7 approved on 14/8/2019 allow PHE to allot 66% more shares ('rights issue') and 35% pre-emptively.

That is a shed load more dilution.

Hardly surprising as they will be loss making for years and have not built even one commercial unit let alone the multiple units they would need just to breakeven.

Loads more dilution coming.

Below 0.2p soon.



Lemmings and mushrooms only.

[zeppo] 27/9/2019 17:43

Site visit after next Full Year figures, in lighter summer weather and with build in progress?

[vatnabrekk] 27/9/2019 17:04

So we're possibly looking at the end of Q2 but more realistically into Q3 next year to become fully operational.

[smokey 1o3] 27/9/2019 16:42

Interesting!!

The timing of the construction period would be dependent on the grant of planning permission for the Proposed Development. However, the current programme of works is based on the assumption of a construction start date for the Proposed Development in the final quarter of 2019.The construction period is anticipated to take approximately 9 months, this includes internal fit-out and commissioning of mechanical and electrical plant.

[cmackay] 27/9/2019 16:35

Lol £30k? It's not being offered on groupon!

[dodge_city] 27/9/2019 15:03

They will make 30k a year out of fees, they will spend 1.5 mill a year in admin.

[vatnabrekk] 27/9/2019 15:01

No, but they will be getting revenue for work that they will be doing on feedstock analysis and design for future DMG units, as well as tax refunds, and they have also significantly reduced their overhead expenditure going forward.

I'm not saying that they will not need to raise funds at some point, but the indications are that they are not running out of cash imminently.

[vatnabrekk] 27/9/2019 14:26

"The Directors have prepared working capital projections which show that, along with cash balances in hand at 30 June 2019, the agreements for all Directors to waive any future remuneration or fees for themselves for the time being, and indicated support from one of its shareholders (who is also a Director of the Company), the Company will have sufficient funding to be able to continue as a going concern."

[vatnabrekk] 27/9/2019 14:19

The two companies are not comparable because they are at different stages of development.

[cmackay] 27/9/2019 14:00

Starting to earn revenue from consultancy. Who would that be for?

[zeppo] 27/9/2019 13:58

A placing?

Does this imply more shares being issued and taken up by institution/s or similar.

If cash is raised in this way and the company moves forward, if appropriate, they can consolidate the shares at a later date.

Ceres successfully consolidated.

[dodge_city] 27/9/2019 13:10

Massive placing coming here soon.

[nelson5100] 27/9/2019 13:08

Note 14 32/13/28 accounts had minimum rentals of £1,429.
.
Also add Neville Registrar's for company registar work, bank charges to HSBC etc.