Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
When you build a plant or factory, you need an insurance.
The insurer will make a series of request or Question and looking for respond with supporting evidence:
feedstock type amount frequency where,
fire prevention system, .how the building react, firehydrant, etc
No of years Plant operation
environment impact/measurement that relevant to ea
Plant and Equipment operation details/limit, now DMG is a new invented , how do you satisfy the insurer, how they know the 35tpdDMG will be problem free , you need to look from insurer angle and not what you think. Base line is, if you are the insurer, how can you be confident that 35tpdDMG will not blowup and you ended paying to rebuild the 7m or 11m plant plus any income lost during therebuild
EPC contractor insurance are those X million to third party, Y million to.... Z million to... different insurance
None WM company in the uk is believing DMG. None. Unless 8000hrs problem free operation proven. So, as usual, need the 1st one to use it and then wait for 1year.
WM company need not to choose to believe in DMG.
Without DMG, all of them can business as usual. So, why risk 7 to 11million.
After someone else trial the DMG for 1 year, they may start to jump in, depending on demand at the time.
So, never needed to be in a hurry. If the market in the uk is so big, then there are plenty of business opportunity 2 years later. Lets someone else to be THE Guinea Pig.
I used to work for energy from waste plant.
The subsidy was, the more waste "consumed", the more cash they received (hence the plant owner not interested in efficiency but to keep minimum above EA specified limit, thats another story).
Dmg may well receive subsidy by "consumed" more plastic, if there will be any intbe future.
Hi Stokey,
Understood,. to me, subsidy or not could be few years away, it isfuture, so i don't want to include it in my calculation. Future is good but we are where we are. Hence pure hydrogen output is my wishful thinking.
Talking aboit subsidy, that bring me another question.
Say, a corporation called xyz owns a wastetoenergy of Plant-A that use 30tpd dmg to produce x amount of electricity/hydrogen.
Fewyears late there is subsidy of 2mil to Plant-A due to nature of business.
Question:
will the 2mil also be part of 20% phe licence income, or it is only going to the xyz corporation.
Agreed.
the "hydrogen only" Option, is my greediness and is my preference. However, imnot the owner of any waste-to-electricity plant, so my preference will be nothing, and it is base on no study to current hydrogen economy or Commercial viablility.
Ok, so for the h1 results in September 2019, you cannot say
" It is clear from that post that the consultancy services do NOT only refer to the PROTOS site but to work for other clients"
You mixed the "future income " with h1 2019 results.
So far, phe has only announced 400k ish from w2t , and even that, the payment may be in stages.
Announcement of further 10 sites of peel plus 24 domestic customets was made in August 2019? So i am not sure if the payment can arrive to phe before h1 2019.
Ok, so for the h1 results in September 2019, you cannot say
" It is clear from that post that the consultancy services do NOT only refer to the PROTOS site but to work for other clients"
You mixed the "future income " with h1 2019 results.
So far, phe has only announced 400k ish from w2t , and even that, the payment may be in stages.
Announcement of further 10 sites of peel plus 24 domestic customets was made in August 2019? So i am not sure if the payment can arrive to phe before h1 2019.
Exactly as predicted, you will refer to consultancy income that is not protos.
I think you have got the timing mixed?
Consultancy income from not protos site, will notreflect in September. September next year, may be.
Hi Stokey,
Re: "the consultancy is supposed to cover operational costs. "
I hope for the same, but i don't think it will be to the year end.
1, the design for a little site like protos, 4 months max, or from my experience, 3months top.
2, it cannot be to the year end or else that means the protos design cannot be completed before year end. Then how are we going to start construction.
3, if i were the client and this company takes 6or7months to do the consultancy work, ... they will not win the second contract
If anyone say, but there are 10 others site from peel that perl pay consultancy fees. This will not be the case too as the fees hasnot landed to phe yet. Phe so far has the contract (fees) only for protos , around 400k ?
Phe may make profit from the consultancy cost of 4 months and that 400k may be able to cover6 to 8 months ofoperation cost - this may happen.