Powerhouse Energy Share Discussion Threads

[ken chung] 12/5/2021 09:49

"It will be repaid following the final investment decision or on the second anniversary of the loan, whichever is earlier."So up two years from now someone may or may not make an investment decision on progressing the first project to the next stage towards completion? Meanwhile it still needs more design services and acquisition of long lead in time items? So nothing happening any time soon it would seem and still uncertainty about the future!All sells now. How much do you think it will fall tomorrow? Lemmings and mushrooms only.

[juju44] 12/5/2021 08:58

Phe need an alternative partner . Peel is worse than useless. They have just held this back and dont want to spend their own money on it . Come on Yeo , shake hands with Poland - and where is that new CEO promised 6 months ago

[zeppo] 12/5/2021 08:46

Tim Yeo has promised an update on the build in 'early June'.

[talldarkslim] 12/5/2021 08:40

Filter Ken and Dec as I have done

[solarno lopez] 12/5/2021 08:40

Hells teeth you guys they don't buy this kit off the shelf for goodness sake a lot of sweat has gone in to this project in order to bring it to production. So do some proper research

[vatnabrekk] 12/5/2021 08:37

PHE management are not sitting back, they are pushing hard on this. Just a shame we haven't got a detailed timeline yet, but that has to come from Peel and not from PHE. However at his latest interview, TY is still sticking to his target date of Q1 2022 for completion of installation and commissioning of the FOAK DMG at Protos.

[juju44] 12/5/2021 08:37

Where is Peel's drive in all this.

[solarno lopez] 12/5/2021 08:21

The muscle has been provided to accelerate the project

[deccer1] 12/5/2021 08:14

Get out while you can, just like David Ryan and James Greenstreet. They must have known it was this bad. No wonder they wanted out. Sell while you can.

[ken chung] 12/5/2021 07:57

"It will be repaid following the final investment decision or on the second anniversary of the loan, whichever is earlier."

So up two years from now someone may or may not make an investment decision on progressing the first project to the next stage towards completion? Meanwhile it still needs more design services and acquisition of long lead in time items? So nothing happening any time soon it would seem and still uncertainty about the future!

Watch the share price crash and burn.

Lemmings and mushrooms only.

[vatnabrekk] 12/5/2021 07:54

Completely wrong and misleading as usual, Ken.
This is precisely why PHE raised £10M in January (RNS 13 January) to enable long lead items to be ordered. So now part of that money is being transferred into the SPV which is exactly according to plan.

Things are moving ahead.

Try to keep up guys.

[ken chung] 12/5/2021 07:50

So PHE themselves are now having to provide a loan to get things moving, presumably because no one else including Peel would fund it? If they hadn't it would be stalled completely?So much for the previous plans their 'consultant' presumably helped to arrange but are now out the window. No wonder the CEO and a long standing Director want to leave. Yes folks, it really looks that bad!Lemmings and mushrooms only.

[solarno lopez] 12/5/2021 07:25

Cold Spring they raised £10m

[replicas1967] 12/5/2021 07:21

Where’s Cow Dung 🤷🏻‍♂️

[coldspring] 12/5/2021 07:18

So where is the 3.8 million coming from? How long a lead time are the long lead time items? When will they start building the newly redesigned plant? Is this redesigned plant still feasible or does it need to be reviewed again? Stay tuned folks, this is going to the moon. DYOR

[jsforum] 11/5/2021 20:11

No ones listening Cow Dung

[ken chung] 11/5/2021 16:23

1) Why is Howard White working for PHE as a consultant, instead of being a Director or normal employee, and that work being done within PHE by him or someone else?

2) Is it so he can have beneficial interests in recently set up companies who he recommends PHE do deals with, without having to declare a related party interest?

3) Does he or any member of his family have beneficial interests in any such companies?

4) How much is White being paid?

5) Why is this consultancy work not being done within PHE, after the demise of White's W2T, which basically seemed to be doing the same thing, but to whom PHE had to give 40% of their shares to cancel the arrangement? Seems like it is still going on to some degree?

I do not know the answers and make no suggestion of any wrong doing, but I do ask the questions. Presumably shareholders know the answers?

[ken chung] 11/5/2021 09:19

Shorters have it now.Lemmings and mushrooms only.

[deccer1] 11/5/2021 09:15

Going down, going down, going down.Sell PHE, sell PHE, sell PHE.

[volsung] 11/5/2021 08:54

Bought a few more for 4.9p

[hoper1] 10/5/2021 21:51

Already added via a Twitter link.