Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Natural England most likely do have the bird count data, but this is about the applicant presenting the information to the LPA for an audit trail with the planning application - the Habitats Regulations Assessment. They have to use those counts, against the modelling of which parts of the Estuary are vulnerable to additional air pollution, to assess the impacts on the designated habitats or species. The LPA will be able to conclude no adverse effect on the designated site if, with all the sources of individual pollutants added together (in combination effect), the levels remain below the published threshold that will have an adverse effect.
Respective roles are as follows:
The developer gathers and presents the information.
Natural England advises if the data provided is sufficient.
The LPA then complete the Habitats Regulations Assessment.
Will still need to see the final comments of the Councils Biodiversity Team on other legal ecology impacts beyond the Habitats Regulations Assessment - I.e. protected species.
BumbleB - In relation to your 19.26 post of yesterday I think the problem is that we are asking two different questions. You appear to be asking has W2T/Peel provided all the information that Natural England says should be provided to do a Habitats Regulations Assessment. While I ask have they supplied all the information that the Local Planning Authority needs to make a lawful decision on the application. The two questions do not necessarily get the same answer as the planning authority might need less information than Natural England as it might already have some of that information.
Ditto, yes please keep it coming BumbleB; I very much appreciate your input (over the years!) on AFC too.
No keep it coming svp
Sorry, would you rather I just keep quiet on this?
And there was additional information requested on ecological records - bird counts on the SPA for instance obtained from WeBS counts. These are required for the Hans Regs Assessment.
Got it BB - one would hope they have been updated and submitted.....
Not in relation to nature conservation.
BB I think the EP comments of 10 Dec state this is acceptable with monitoring during operation.
I can see both sides of this, one that they are expecting an updated environmental impact assessment addressing the issues they documented and unless that is done that they shouldn't be re consulted. I am assuming that has either been done or is in process. The other side, which is where I think you are coming from is that the they have had the requisite time for comment and that it is down to the LPA now.
Have the air quality report and ecological reports been updated yet?
Sharesport - In relation to your 18.04 you are right I am not expecting any further comment from Natural England. If you look at the response on the third page of consultee comments there is nothing in that response that they would be making any further response unless there is a significant change in the application.
I am.
Thanks Stokey. I was wondering about the DR comment on 90 day consultation period. From your post I get the impression that you are not necessarily expecting a further comment from Natural England.
Sharesport - After the planning application was amended to show a connection to the electicity substation the application was reconsulted on with the application going out on the 6 November to statutory consultees. A fresh site notice also went up. The time to make comments expired on 29 November.
Thanks all for your thoughts - I have also been adding.
Stokey - can you expand on the consultation period you refer to please. thanks
Thanks, I've not increased by much but you get a lot of shares for buck at these prices. Good luck to all LTHs it continues to be a long road with end just around the next corner...or is it the next!?
All the best with your purchase SprogBarnes; I'm also increasing holding.
And thanks LedZep for balanced summary.
Thanks LedZep, I've been in this share for sometime (4/5years) so have experience of the journey and I feel, given the progress, that the company should be worth more. Anyway, I bought a lot more shares yesterday (for not much money!) and can only hope that the DMG finds a suitable home in the not too distant future as the problem it solves is not going away.
Sprog:
PHE has pretty much been through the hype-cycle, IMO, about 4-5years ago, when the first test unit was being developed in Australia.
Since then, the company re-located and further developed the DMG unit here in the North West, which was a significant re-set and only now are we truly on the cusp of commercialisation,albeit some months away.
Coupled with the above we have had a change of CEO who is very much technical and promotes facts and real progress rather than hype and rumour and we are now awaiting the recent Planning application at Protos, to go before the Planning Committee.
So it has been a long and drawn out process to get where PHE is now, and nothing is guaranteed, but with the Planning Approval and subsequent funding, there could well be a lot of waste plastic being converted to electricity and hydrogen in the not too distant future.
Thanks for the input and I don't disagree with any of it, though I don't expect significant revenue. Revenue full stop is a positive. I guess the baseline valuation is the bit that's surprising, given that failures over at AFC never saw the valuation as low as it is here so maybe it's also the size of the potential market that's much smaller, harder to reach or harder to scale. All in all, it's a shame the SP is not more positive.
SprogBarnes - I think part of the problem may be a lack of confidence. So far PHE has failed to deliver on promises. Had previous promises been kept then we would have a commercial unit in operation. Part of the blame for this has to go to W2T as the development partner. None of the negotiations or agreements they have reached have so far led to progress being made. PROTOS is the furhest forward things have reached so far. I must, however, question if it was the right site for the first plant given the environmental issues there.
AIM shares, before commercialisation, from what I've seen, often have higher speculative valuations than when they become commercial. PHE has a validated technology (admitedly not commercial) and support from Peel, the University of Chester and Toyota have said positive things and yet still the MCap has always been tiny comparative to the scale of the problem and the close proximity of the solution. I would have imagined the MCap to be much, much higher - look at AFC who we all know(?), they've always had a much higher MCap despite not being commercial. It's odd, that's all, I can only speculate that either there's a lack of appetite for the solution or the availability of feed stock is unclear and / or the revenue model is unclear.
And the takeover option is very real. Toyota have been keep keeping an eye for quite a while...
Yellowfin yes indeed but the current situation is PHE are trying to get to that precious point of proving ( or otherwise) if it is commercially viable with this first Protos installation. If it doesn’t work out then shares are worth nothing. It it does then value should increase and then maybe a takeover possibility arises.
The downwards trend in sp as the time to prove gets nearer is something we can only speculate about, but without any statement of progress or business update via an RNS, I speculate the drop may well continue.