Member Info for 15LIVES

Dusty

Try Red Hornet's post on 22nd April at 8:11am. Second paragraph.

Hope this helps.

I can't explain why Red hasn't posted today. Maybe he's busy at work. Who knows. I happen to have finished a job yesterday a day early so I have a spare day on my hands and can spend an hour or two on here.

Castle

It can't be that brilliant or they would have sold at least one. Other pyrolysis manufacturers are selling their plants, so the money is out there for purchases.

By now the reality of Powerhouse and is technology should have hit home to you. It never was the phenomenal game changer you told yourself and others it was. It was, and is, like many said: a good piece of engineering with potential, but with many hurdles to overcome if it is to become a success and for the company to survive, and in doing so give a good return to shareholders.

I sincerely hope it is a success and at some point gives encouragement for me to put some money in. But at the moment sitting on the sidelines just watching is the best course of action I feel.

All the best with your investment here.

Castle

That the CEO, his wife and the CFO bought shares last year above 0.5p a few months after the open day clearly proves that things have not panned out as they thought they would this past year. You seem to take management share purchases as a guarantee the company shall succeed and the shares shall rise.

You do realise that these raises totalling £650,000 are not guaranteed and if they fail you're looking at the company going under don't you?

Red Hornet was bang on the nail with the price.

He's been saying 0.2p raise for months now.

Well called Red.

Castle

As the old saying goes, you can lead a horse to water....

You clearly haven't watched the operational videos on the Beston and Huayin websites where they explain how their systems are self sufficient after start up. Neither have you gone through their various tonnage plant descriptions and checked out their feedstock.

I'm not going to keep arguing the point with you. If you choose to believe that Powerhouse are the only company in the world with a self sufficient system and that currently there are no pyrolysis plants in the U.K using plastic as a feedstock then you go for it. You keep putting your money in.

All the best.

Castle

Re: your 9:55 post.

If you go on the Beston website you can read how they have sold their plastic feedstock pyrolysis plants to over 100 countries, including the U.K. There is even a photo of the one in the U.K with the workers giving the thumbs up to the camera.

Beston and Huayin pyrolysis plants are self sufficient after start up, use plastic as feedstock and are operational in the U.K. If you go on their websites the proof is there for you to find. As Red stated, this was explained a long time ago to you, and as such, I won't be bothering to again.

Please do some objective research.

Hi Dusty

Good to hear that you're in ITM.

I was confident last year that they shall go to multiple pounds over the next few years, but after last week's announcement that the government has taken a ten percent stake and today's announcement I'm now certain.

As you say, huge potential to still be unlocked.

Enjoy the ride.

All the best,

15Lives

TheFuture

Eikel

Swazers

You posted on 23rd January that evidence was going to be posted online in the very near future that accounts such as Red Hornet, Castlepaul, Slappy, Divvyup, and no doubt mine were all by the same person.

How's that looking?

Castle

There are no hydrogen buses operating now in Aberdeen as it has been decommissioned as a failed project.

Roughly 1% of buses operating in Birmingham are hydrogen. Out of the 20 available about 5 are used daily due to technical issues with the remaining. The council intends to get to their 2030 net zero target by introducing electric buses.

In London 0.23% of buses are hydrogen. They intend to get to their net zero target by using electric buses too.

Castle

For clarification, Emmitt said he won't be going to shareholders for finance. A raise is being sought by Longspur, for this is what they do. However that raise comes about, if at all, has the potential to dilute and push down the share price. This is what non investors and investors have been saying.

More to the point, why is the CEO of a company that is looking to produce turquoise hydrogen trying to promote it as green hydrogen?

Deliberately misleading the market or not?

Dusty

Yes, falling out over it is pointless especially, as you say, when we are actually in general agreement.

I've always thought there was potential here, and still do. However, I've always considered it to be a massive uphill struggle for Powerhouse to get a foothold into the market for a whole variety of reasons, some of which are no doubt now being considered by those doing due diligence here, in Ireland and Australia et al and which were mentioned in your post over the weekend on pyrolysis and gasification drawbacks.

Regards.

Red

The hydrogen offtake is for BS Holdings and their H2P project.

Hi Red

The Wrightbus reference that PHE mention in their RNS is irrelevant anyway. At no point has Jo Bamford ever said or hinted that he shall use hydrogen from pyrolysis or gasification as I'm aware. But happy to be corrected if anyone can reference it.

Dusty

No I'm not autistic.

Just trying to have a rationale and constructive debate on a share bulletin board. You don't have to produce pages to explain your specifics, merely consider others posts objectively without feeling the need to be so bloody argumentative all the time.

Dusty

I'm not picking through it like a surgeon at all.

You said there was no letter of intent when there very much is. Letter of intent regarding Ireland is even in the heading of last July's RNS with BS Holdings.

Dusty

I have to disagree. It's all a collaborative nature reliant on others.

Yes, Powerhouse are at last taking some degree of control, but they clearly need to raise some money to finance the 40tpd unit, so that's a collaborative effort. I think it costs about $5,000,000 to buy a 40tpd unit if you're the customer. Happy to be corrected on that. Selling the hydrogen is a collaborative undertaking too, as set out in the July RNS.

Dusty

It does rely on a letter of intent, as stated in the RNS of 3rd July last year.

I agree that Powerhouse need to take control more. I've been saying that all along, but they are still reliant on other companies to join the dots.

Regards.

Lesser

Regarding the lower offtake price, I was going by the RNS of last July.

SP Angel report I did take with a pinch of salt when it came out. Namely, because it classed green hydrogen as including pyrolysis and gasification which, in the industry, it clearly is not. From memory, I think they stated a 40tpd DMG unit would bring in around £12m per year in revenue. Happy to be corrected on that though.

What is happening now is typical AIM cogs within AIM cogs, and all of them awaiting hoped for funding from third parties to move forward, if not to stay afloat. It's worth remembering that it takes on average 3 to 9 months to secure funding through companies such as Longspur Capital once started. So they shall be busy trying to secure revenue for Powerhouse from their £980 per month rented seats down in London ( yes, my research does go that far). All of those being tapped for money shall be doing their due diligence and asking the questions that I have been asking all along and which were covered by Dustyslay's overview regarding gasification and pyrolysis in general in his post on the weekend just gone.

All the best.

Lesser

Because this shall be a FOAK PHE shall be providing hydrogen at a lower cost than green hydrogen and the CfD strike price.

How much lower is unclear.

Regards.