Powerhouse Energy Share Discussion Threads

[talldarkslim] 15/8/2022 08:08

Market reaction is positive with mainly buys this morning

[solarno lopez] 15/8/2022 08:04

According to the podcast Howard White is very excited if not ecstatic with the reorganisation which has taken place.

[ken chung] 15/8/2022 07:59

Powerhouse Energy 15/8/20221) Paul Drennan-Durose has resigned from his post as Chief Executive Offer and will leave the Company on 31 August 2022. 2) Myles Kitcher, Non-Executive Director, has informed the board that he will not offer himself for re-election at the Company's next AGM. 3) Gill Weeks, Non-Executive Director, has informed the board of her intention not to offer herself for re-election as a director at the next AGM.They didn't last long did they.And now the company also discloses it will take a 50% stake in the Peel Protos SPV (no one else interested?) and presumably will have to fund 50% of the costs, in addition to what they are already lending Peel and will also have to pay to build the "Innovation Centre"; and Peel's commitment date has been set back another 6 months to 31/3/2023, so nothing will happen this year. You were warned. More dilution and delays.Lemmings and mushrooms only.

[grahamwales] 15/8/2022 07:58

with 50% ownership of Protos does that mean 50% of licence fee. PHE are going to need another £20 million plus if they want 50% of both Protos and Ireland projects.

[whatsthepoint] 15/8/2022 07:41

https://audioboom.com/posts/8139309-trader-s-cafe-with-zak-mir-howard-white-strategic-advisor-powerhouse-energy

[tenapen] 15/8/2022 07:34

Almost like your in the same bed !

[deccer1] 15/8/2022 07:26

What awful news. 0.2p target.

[ken chung] 15/8/2022 07:19

Powerhouse Energy 15/8/20221) Paul Drennan-Durose has resigned from his post as Chief Executive Offer and will leave the Company on 31 August 2022. 2) Myles Kitcher, Non-Executive Director, has informed the board that he will not offer himself for re-election at the Company's next AGM. 3) Gill Weeks, Non-Executive Director, has informed the board of her intention not to offer herself for re-election as a director at the next AGM.They didn't last long did they.And now the company also discloses it will take a 50% stake in the Peel Protos SPV (no one else interested?) and presumably will have to fund 50% of the costs, in addition to what they are already lending Peel; and Peel's commitment date has been set back another 6 months to 31/3/2023, so nothing will happen this year.You were warned. More dilution and delays.Lemmings and mushrooms only.

[grahamwales] 15/8/2022 07:13

That is not good news, time to move on. All the best guys.

[cash2020] 14/8/2022 23:49

🤞🏻

[vatnabrekk] 14/8/2022 23:18

Let's hope you're right, cash!

[cash2020] 14/8/2022 22:36

I think there’s thousands of investors ready to pounce on this. Look what happened with the Linde deal. It was a shame it fizzled out but it was a glimpse into the future of what will happen when it really gains traction. I think in the next few weeks investors won’t be able to throw their money at this fast enough.

[vatnabrekk] 14/8/2022 22:31

I'm not convinced that the "market" in general understands the potential of this product.

[cash2020] 14/8/2022 22:09

Who knows, but investors must surely realise now that this is the time to get in while it’s dirt cheap. Financial close could be any day now leading up to 31st August. Let’s see…

[talldarkslim] 14/8/2022 20:06

What do we think will be the price reaction tomorrow? 2.5p?

[tenapen] 14/8/2022 19:36

Perfect (-:

[cash2020] 14/8/2022 12:59

This isn’t just great news, it’s awesome news! Government are fully behind this and funding for future projects will most likely be coming too. Once the rest of the world sees this up and running they will want it too…no, they will demand it! After all, what else are they going to do with their plastic?


“Government have deemed carbon capture and storage (CCS) and low carbon hydrogen essential technologies to be deployed at scale as we decarbonise our economy.”

[allinforabigprofit] 14/8/2022 12:13

Great news however, was it essential that the news was released to allow PHE begin its project at Protos?This if correct should been given to investors explain a timeline.One less obstacle out of the way is always a bonus.

[cash2020] 14/8/2022 07:21

Prepare for takeoff!…

[allinforabigprofit] 12/8/2022 08:18

These long lead items non are in manufacturing therefore the long lead has yet begun to retract. How long is the lead (leash)?Six months, 12 months, 2 years?Once again PHE create mystery and confusion everything an investor dislikes. A lucky dip doesn't take this amount of time?

[vatnabrekk] 11/8/2022 20:50

"Cannot just nip down to local Tesco and buy a never built before machine."
Correct. That's why they are called long lead items.

[juju44] 11/8/2022 20:42

Never built before and never to be built - by these clowns

[allinforabigprofit] 11/8/2022 20:15

SPV require the go ahead from PHE. They haven't stopped development of DMG. Yes, was a RNS that read long lead items on order, but no mention that the order included manufacturing. Cannot just nip down to local Tesco and buy a never built before machine. Especially the chamber.

[juju44] 11/8/2022 19:52

They said 18 months ago long lead stuff was ordered . BS