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Some people have lost their heads over this, although the FTU is a milestone we havent made it yet and we are a long way off. Firstly we need to be receiving a number of licence fees from multiple full scale plants just to cover just PHE's operational running costs. We're not even in profit from the first full scale plant which we produce, that again will be just another mile stone in the process of this being big. There really is a long way to go but it's heading in the right direction.
I don't think it realistic to expect this company to be worth £4,000,000,000 market cap on news of a small scale model being built. That is what you are suggesting Castle (share price of £1). There is still no revenue. This could potentially reach £1 over the next 20-40 years but it would require license fees coming in from a mass of fully operational full scale plants. Its no way going to happen on the FTU opening. Completely unrealistic expectation, sorry to break it to you. I would love to be wrong (but I'm not)
Michael Gove Questioned About The Plastic Waste Problem In The UK | War On Plastics.
This is where PHE come in a 3 minute watch
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://m.youtube.com/watch%3Fv%3DwwmOXJR5DJg&ved=2ahUKEwi8-8CWstCFAxXrYEEAHcA3DWs4ChC3AnoECAoQAQ&usg=AOvVaw3kANXr7ncshHuqFoJ7FeFE
That video I posted down below is brilliant I hope you all watch it .
We've had grants already of the Gov , Grants will be available if PHE choose to do so for protos.
The system worked trued and test on a small scale at the university so for any daughters the new system Technology Centre will open and will be commissioned for all the world to see even you lot ...
Expect a massive SP after that ...
As for recyclable plastic , we will be recycling un recyclable plastic into a good use ( power ) like old Tyres and many more ..
Castle
Hi Red Hornet - as I understand it, PHE's solution is not just about plastic, its about animals feed, rubber etc. That being said, there still decades worth of historical plastic that has not broken down that can be recycled as well. I don't think the solution is negated but we have yet to understand the scale at which it can be deployed.
Hi red, personally I think having an operational DMG unit produced by PHE (whatever the scale) is a 'huge amount of progress' and could warrant a rise to 2p. So far this has just been an idea on a bit of paper. There are still many doubting and hesitant of the tech- naturally. For me, a running system changes that and makes us much more investable.
The Government have set a target that all packaging will be recyclable, which negates the requirement for PHE’s solution.
Also they have just handed out over a couple of 100 million pounds in grants, so if PHE were on the radar, they have missed out.
On 30th of March 2023, the UK government published it’s proposals for the U.K.’s transition to net zero. This came in the form of three documents – Powering up Britain, Energy Security Plan and the Net Zero Growth Plan, the latter being the government’s response to the net zero review by MP, Chris Skidmore following its Net Zero Strategy being deemed unlawful. Altogether nearly 3000 pages!
A mainstay of Powerhouse’s future business is the use of hydrogen as a transport fuel. The Growth Plan refers to a number of commitments made in the Transport Decarbonisation Plan and includes some new commitments. Transport emissions in 2021 accounted for 25% of the U.K.’s total carbon footprint. An objective of the Growth Plan is to reduce this by up to 73% by 2037. This bodes well for the future and hopefully will lead to increasing demand for hydrogen within the transport sector, which currently is relatively limited. It is also good to see that a zero-emission road freight demonstration based on hydrogen fuel cells will be developed by March 2025. Also of note is that the Growth Plan proposes to replace 50 TWh of fossil fuel currently used in industry by low emission alternatives. This will give further outlets and increase demand for Powerhouse products.
Well it begins !!
New rules, which come into force on the symbolic date of April 22, 2024 – on Earth Day – aims to cut down on non-biodegradable plastics in landfill sites. The first phase prohibits the sale and distribution of single-use plastics such as straws and cutlery, as well as styrofoam food containers.
Castle
BBC1 war on Plastic waste.
PowerHouse Energy Group plc (AIM: PHE), the UK technology company pioneering hydrogen and clean energy production from waste plastic, is pleased to respond to the first part of BBC1's documentary 'War on Plastic with Hugh and Anita' aired last night by bringing attention to PHE's DMG® technology which can convert plastic waste into hydrogen and clean electricity and so eradicate any need for such waste to be shipped from the UK to Malaysia, or anywhere else.
Back in 2019 brilliant watch , we're on Gov radar etc .
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://m.youtube.com/watch%3Fv%3DxKYw0qTiywE&ved=2ahUKEwiph8WHj9CFAxU3XUEAHd5PCDYQwqsBegQIDhAE&usg=AOvVaw01mSytEUar8jOq4WR_VExX
Not sure how much Hydrogen would be produced from 2.5 tons of plastic per day , the scale for testing and the unit that will be built at protos would be large . The value also added is the charge for dumping waste Gate fees . A very cost affective running costs self sufficient meaning a large amounts of profit . Hui ceo stated the cannabis factory is to help to swim while awaiting our tec unit to be installed in there many sites.
Yes our pipe line dreams will be full of Hydrogen at £1 a share !! Onwards and upwards ...
The sp after opening the Technology Centre I would expect at Christmas 8p - 15p with finance unplaced and recognition of protos being built the sp much more 😀. We will see with Goals achieving there commitments of untreatable plastic to power noting we are on the Gov watch list for future Grants ,,, you see carbon neutral red tape deadline's... winner winner winner chicken dinner...
Looking forward to more news .
Castle
@MadEnglish I disagree, #PHE has had record levels of volume in the past few months. In the billions. These are not retail investors or day traders. These are market makers. Your comments are not accurate at all.
@RoleKing The system is already proven and tested. That was what the G3 did. I agree with your sentiments though. Bridgend will be game-changing. :)
Hi Jamal,
The next milestone of 2p means a doubling of the 4 billion shares in circulation.
I know there have been spikes, but even in the Boards own omission, they’re unaware of any grounds for this. For it to be a sustainable holding rise, there needs to be a huge amount of progress made, and that still seems months / year off.
AofG i have been getting sell quotes all day no problem on HL no problem but I am not selling..
Its a Friday, people need their beer money ..
I agree 10p may be some way off in the future but I'm fairly confident it will happen one day so staying I'm in (and continuing to buy)... the next mile stone for me is 2p, I don't think it's too far away. The company is moving in a positive direction with real developememts underway such as the FTU. I bought some of these at 0.005p, still topping up ready for the next push to 2p.
Unfortunately, that tells you everything you need to know.
I was invested here many years ago and it was a long wait until I could get my investment back.
Until there’s a proper full size working product and most importantly it is signed off from a regulatory point of view, there is no fundamental basis for investing. It will bounce around on various news, but any significant movement and price stability will require more than potential contracts etc.
Especially, given all the history and false dawns of PHE.
Valuation wise, 10p is a pipe dream.
Been trying to lower my investment in PHE as I needed money elsewhere, but I can't manage to sell, been trying different quantities at lower than market price, did market orders, but they never seem to sell despite price fluctuations, am I missing something?
We just need people to prove that the system works. When big companies see that, we who have invested will laugh and of course retire early 😂
Hopefully PHE will do what HUI did and decide to diversify (not into cannabis) but rather into using the technology centre rig to actually produce and sell hydrogen.
More news items daily re. hydrogen engines and PHEV's, all good news (not to mention the disposal of all of that plastic waste).
I like many others really want PHE to succeed and things are definitely moving in the right direction
No TR1 yet ..
It does get clobbered,
Buys will overwhelmingly over cast sells ..
Castle
It is a traders stock at the moment and will continue to be that.Also remember that this stock has gone up 250% since 20th Feb.
Day traders can stay as long as they want it won’t affect PHE from hitting 5p later in the year.
Good luck day trading this.