This is AIM so you could well be right, however I don't see PHE going under until PB gets his stake out, that might be by taking it private but more likely by pumping the share price and converting his loan at 1p.
For this reason I'm keeping a small holding in PHE.
As an aside I note PHE got a glancing mention in AFC results today, nothing new just a reiteration of the fuelcell order.
PowerHouse is currently negotiating the use of one of its Mobile Units to demonstrate the elimination of Medical Waste at a facility in Australia. The other two units are expected to be deployed in the UK (for the elimination of Auto Shredder Residue) and in Asia, where demand for alternatives to incineration and landfill, and demand for distributed electrical generation are growing rapidly. As a result of delays in shipping and the acquisition of key components, it is anticipated that the Mobile Unit in Australia will not be operational until late February, with the other two units becoming operational two months later
OmexoThe Gen3-UHt Gasification system, a recently developed, concurrent-phase process, has proven to be a superior technology to prior Pyromex trials in each component the Company has evaluated. A number of engineering breakthroughs, including the integration of both resistance and microwave heating (concurrent-phase process), have set the PHE Gen3-UHt Gasification System apart from processes available elsewhere. Operating models of the PHE-Gen3 UHt which have been evaluated at the engineering facility in Australia, combined with a re-examination of earlier Pyromex test data, have reinforced the Company's decision to embrace this new approach for PowerHouse's gasification engineering and commercialisation efforts.
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