Powerhouse Energy Share Discussion Threads

[smokey 1o3] 12/11/2020 08:59

Wow a 20m sale. Maybe "lemmings and mushrooms" taking fright having advanced knowledge of todays RNS?

[fozdad] 12/11/2020 08:50

I'm surprised there hasn't been bigger reaction. Moving away from a dependence on one customer (albeit a very good customer) has got to be a significant improvement in future prospects.

[vatnabrekk] 12/11/2020 08:17

Just goes to show that our PHE team have not been sitting on their thumbs all of this time.

[regandharry5] 12/11/2020 07:29

Brilliant news. hopefully this will be the first of many around the world that will see the beginning of the end of the scourge of non-recyclable plastic.

[skinny] 12/11/2020 07:04

.

Heads of Terms agreed for licence of DMG technology in Poland

Powerhouse Energy Group plc (AIM: PHE), the UK technology company
commercialising hydrogen production from waste plastic, is pleased to announce
that yesterday (11.11.2020) it signed non-binding Heads of Terms with Hydrogen
Utopia International Limited (HUI) with a view to granting HUI an exclusive
non-transferable licence for the application of its DMG® technology in Poland.

The use of this technology, which is designed to convert waste plastic into a
syngas and/or hydrogen, will be subject to a formal agreement being reached
between Powerhouse and HUI.

Tim Yeo, Chairman of Powerhouse Energy Group, said:

"We are delighted to have signed Heads of Terms with HUI. Powerhouse look
forward to working with HUI on the potential use of our DMG technology being
rolled out in Poland."

Aleksandra Binkowska, Founder of HUI, said:

"It is a privilege and honour for HUI to enter into heads of terms in relation
to rights to the technology of Powerhouse as the first company on the
Continent. At HUI we believe that the DMG System is the one that will help save
the world from unrecyclable plastic and we are thrilled that Poland will lead
the way in creating low cost hydrogen and we hope that other countries will
take our lead. On behalf of HUI I would like to thank the Board of Powerhouse
for this opportunity and partnership."

Following this signing HUI paid Powerhouse a non-refundable deposit of EUR
100,000.

More information about HUI's plans for the rollout of the technology in Poland
and the partners with whom it will be working in Poland will be published in
due course.

-ENDS-

[vatnabrekk] 11/11/2020 22:52

Not really at the bell, it's timed at 14:27.

[garykc] 11/11/2020 22:28

Ouch!!!! 20,000,000 sell at the bell

[regandharry5] 10/11/2020 14:01

The plan looks good.

[porky9] 09/11/2020 22:28

The link was provided by Shady on LSE Boards but actually helped:-

hxxps://innovationorigins.com/start-up-of-the-day-tuning-non-recyclable-plastics-into-syngas/

I found it very interesting and it provides a real good snapshot regarding what this business is about for those at the research stage.

My preferred investment style with AIM is to find early growth plays, I feel this is one here as its just at the start. Once they scale the plant up the potential here is just enormous. Its 20 bagger potential from here imo, too good not to take a position.

GLA

[porky9] 09/11/2020 14:15

just got some
what's not to like?

[regandharry5] 09/11/2020 13:21

What's going on?

[juju44] 02/11/2020 11:59

Wtf do they do all day . Unbelievable no real constructive action in a year

[deccer1] 02/11/2020 11:54

The presenation indicated construction won't start until Q2 2021 at the earliest, so assume June 2021. Then it would take 12 months to build, meaning completion mid 2022. Then it has to be tested and certified, so could still fail or need redesigning. It's all going to take a lot more time and dilutive money, and could still fail. Meanwhile old fart is drawing his salary. Does he even go into the office.

[juju44] 02/11/2020 11:27

Never never land unfortunately

[ken chung] 02/11/2020 11:18

0.3p coming.Lemmings and mushrooms only.

[tenapen] 02/11/2020 07:25

Construction isn't locked down.


Investors with vision.

[replicas1967] 02/11/2020 07:21

Get back to the kitchen Ken - you mushroom 😂

[ken chung] 02/11/2020 07:19

Another lock down.More delays.Cash burn off the scale.Lemmings and mushrooms only.

[tenapen] 01/11/2020 19:38

A question I could not even pretend to know the answer to !.


A poster on lse summed it up nicely, a Bidon win in the US elections will be positive for the renewable / hydrogen energy sector. I tend to agree :-)

[zeppo] 01/11/2020 14:28

Courtesy of Skinny on the HYD site:

'The Hydrogen Boom Is On Track To Hit $11 Trillion.'



PHE's future value?

[smokey 1o3] 29/10/2020 10:15

Vatna Ignore Ken its the mushroom season so he is to be excused.

[vatnabrekk] 28/10/2020 23:17

Ken don't mislead.
I have never suggested that PHE are producing hydrogen, because I know that they are not. I wrote "...intends to turn waste plastic into hydrogen..." so I don't know what school you went to, but my school taught me that "intends" does not suggest that it is happening now.

For you to suggest that I am misleading is pretty rich.

[ken chung] 28/10/2020 23:00

vatnabrek don't mislead. They are not producing hydrogen. They have never built a commercial size system and may never do anything because it's all experimental. Best case scenario is they might commence construction in Q2 2021 and take a year to build a full size system. Problem is it then has to tested and certified, so could still fail or need redesigning, meaning more delays and dilutive expense, let alone the extra dilution they will need during the next year and a half before they even get to that point.Meanwhile they now seem to have an old fart running the show who it is said was booted out of the Tory Party for taking dodgy money in a brown paper envelope, and are increasing staff numbers and expense. It's a shorters delight.