Powerhouse Energy Share Discussion Threads

[vatnabrekk] 02/7/2021 20:26

I have believed that for some time, Dougy!

[dougy1] 02/7/2021 20:17

Genuinely reckon atleast half a dozen of these spoons are all KC just backing himself up.

[skinny] 02/7/2021 11:43

And yet another - member for 4 days and 2 posts - guess where!



"Repetition".

[vatnabrekk] 02/7/2021 11:43

Be realistic Ross, he's not a messenger, and he's not trying to save investors from themselves. He's a troll. Just look at his posts for the last 2+ years.

[mervin pervin] 02/7/2021 11:41

ken chung has made some good points, e.g.:


Ken Chung
2 Jul '21 - 09:15 - 15461 of 15467

There are serious questions that need to be asked.

Inspite of them knowing for seven months the CEO was leaving on 30/6/2021, they haven't managed to find a replacement and are now without a CEO. That is a complete and utter disgrace but does not surprise me imo.

Five board members left or leaving (including the CEO and Chairman) in such a short space of time, more delays and warnings about potential technology issues, suggests to me something could be seriously wrong.

Lemmings and mushrooms only.

P.S.
1) PHE, 10/8/2020 (announced 10/8/2020):

Director Brent Fitzpatrick - leaves.


2) PHE, 31/3/2021 (announced 23/10/2020):

Chairman Cameron Davies - leaves.


3) Chairman Tim Yeo, PHE (Interview) 6/6/2021:

"I don't want to suggest everything will go smoothly for the first of the kind. It may spew out some things we didn't expect or didn't want"


4) PHE (Press release), 29/6/2021:

"the Company recognise that new sources of uncertainty may be discovered as qualification progresses"

And the word 'sources' is plural.


5) PHE, 30/6/2021 (announced 20/11/2020):

CEO David Ryan - leaves.


6) PHE (announced 30/6/2021):

Director Mark Berry - will leave before 2021 AGM.


7) PHE (announced 30/6/2021):

Director & Corporate Finance expert James Greenstreet - will leave after 2022 AGM.


8) PHE (Annual Results) 30/6/2021:

"As a result of design variations arising from the value improvement exercise for the site a Section 73 revision for the planning will now be submitted by Peel NRE. This is likely to result in a delay in the planned completion of construction and start of operation of the plant."

Total comprehensive loss, Yr to 31/12/2020 = £15,837,741

[skinny] 02/7/2021 11:40

Yet another one.

Ken seems to have at least 6 free logins and at least 1 premium.

Stating something is all well and good, but repeatedly posting the same thing is at the very least, tiresome.

[ross golfer] 02/7/2021 11:38

I have never seen KC use bad language. Its the problems with the company you should be focusing on, not the messenger.

[matt131] 02/7/2021 11:02

https://www.bbc.co.uk/news/uk-57680723

[smokey 1o3] 02/7/2021 09:31

Chung
What is your problem. WE have an "Executive" Chairman in place while the search for a replacement CEO is underway so no problem there. Meantime all the technical management is in post backed up by Ryan when he returns as a Consultant. The current Board to me seems very reputable/experienced and includes representation for Peel which is comforting. You may have a personal vendetta against Yeo but he does have a role to play with the GOVTS Hydrogen Strategy to be announced in a few days. No, all in all, a good Board and Management structure is in place to take the business forward. If you don't like it I suggest you move on as there is nothing you alone can say or do that will change that. Any luck with your appointment?

[skinny] 02/7/2021 09:16

"Repetition".

[ken chung] 02/7/2021 09:15

There are serious questions that need to be asked.

Inspite of them knowing for seven months the CEO was leaving on 30/6/2021, they haven't managed to find a replacement and are now without a CEO. That is a complete and utter disgrace but does not surprise me imo.

Five board members left or leaving (including the CEO and Chairman) in such a short space of time, more delays and warnings about potential technology issues, suggests to me something could be seriously wrong.

Lemmings and mushrooms only.

P.S.
1) PHE, 10/8/2020 (announced 10/8/2020):

Director Brent Fitzpatrick - leaves.


2) PHE, 31/3/2021 (announced 23/10/2020):

Chairman Cameron Davies - leaves.


3) Chairman Tim Yeo, PHE (Interview) 6/6/2021:

"I don't want to suggest everything will go smoothly for the first of the kind. It may spew out some things we didn't expect or didn't want"


4) PHE (Press release), 29/6/2021:

"the Company recognise that new sources of uncertainty may be discovered as qualification progresses"

And the word 'sources' is plural.


5) PHE, 30/6/2021 (announced 20/11/2020):

CEO David Ryan - leaves.


6) PHE (announced 30/6/2021):

Director Mark Berry - will leave before 2021 AGM.


7) PHE (announced 30/6/2021):

Director & Corporate Finance expert James Greenstreet - will leave after 2022 AGM.


8) PHE (Annual Results) 30/6/2021:

"As a result of design variations arising from the value improvement exercise for the site a Section 73 revision for the planning will now be submitted by Peel NRE. This is likely to result in a delay in the planned completion of construction and start of operation of the plant."

Total comprehensive loss, Yr to 31/12/2020 = £15,837,741

[ken chung] 02/7/2021 07:23

Inspite of them knowing for seven months the CEO was leaving on 30/6/2021, they haven't managed to find a replacement and are now without a CEO. That is a complete and utter disgrace but does not surprise me imo.

Five board members left or leaving (including the CEO and Chairman) in such a short space of time, more delays and warnings about possible further technology issues, suggests to me something could be seriously wrong.

Lemmings and mushrooms only.

[skinny] 02/7/2021 07:09

The RNS :- .




Powerhouse Energy Group plc (AIM: PHE), the UK technology company seeking to
commercialise hydrogen production from non-recyclable waste plastic, announces
its partner, Peel NRE, part of Peel L&P, has signed a Letter of Intent to
supply hydrogen from its planned roll out of plastic to hydrogen facilities to
Element 2's proposed network of hydrogen refuelling stations.

Peel NRE is Powerhouse's exclusive development partner for the technology in
the UK

Under the terms of the DMG Development UK Exclusivity Option Agreement between
Peel NRE and Powerhouse (first announced on 9 March 2020), Peel NRE is
proposing to develop a hydrogen refuelling station which will take hydrogen
produced by Powerhouse technology, from the consented plastic to hydrogen
facility at Protos, Cheshire.

There are also plans to develop a hydrogen refuelling station at Peel NRE's
planned plastic to hydrogen facility in North Clyde, near Glasgow.

Whilst the Company is very encouraged by these developments it should be noted
that there is no guarantee the facilities will be completed and that the
arrangements remain subject to legally binding agreements

Tim Yeo, Executive Chair, said: "We welcome Peel's plans to supply hydrogen to
Element 2 at Protos with the hydrogen being produced by Powerhouse
technology. This would be a significant step in kickstarting the UK's
infrastructure for the hydrogen economy, helping accelerate the country's clean
energy transition".

-ENDS-