The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
the little triangle Plot is correct, allocated to w2t development (Although i think there may have problem with vehicle turnaround for hydrogen development at later stage, but it is up to the w2t/PHE scope of work to the designer, so im not going into that bit)
I cannot remember the plot nunber for the triangle,, i think it is left-hand-side of plot 10.
Posted the plot 8 because only to pointed out that the link posted by Kenny, http://www.turley.co.uk/project/protos, is not relevant to PHE/w2t development.
There are many posts here, copy and paste for anything/news that has word hydrogen in it , and all that has nothing to do with PHE/w2t/dmg.
Already seen this from cheester council website. But there is Nothing about Waste2tricity or w2t or hydrogen. Not looking good the progress from w2t.
Non material amendment to Planning application 16/03074/FUL to amend the description of the development to 'Erection of an Energy from Waste Facility (up to 49MW) and associated development including access and landscaping'
Protos (Plot 8) Grinsome Road Ellesmere Port CH2 4NR
Ref. No: 18/01095/NMA | Received: Tue 20 Mar 2018 | Status: Approved
Yellowf1,
When you said "Come back 2 years from now and review what, if any progress has happened.",
So Everyone is expecting you not to comeback in 2years.
Be responsible of what you have said.
It is very obvious now your comments are not constructive, no logic, and simply cast all kind of negativity over here, and most importantly you are trying to misleading people.
I think it is not appropriate to say they would risk your money. It is your own Investment decision.
Also everyone has different financial capability so i think it is not fair to say if chairman's 5k Investment is not a skin in the game.
i do remember that now - Angel Investors.
yes at the moment it is very risky (and of course the return will be big if you hit the jackpot).
only once it has been 8000hours operation proven, everyone will be interested and (pending on the market capital at the time) PHE could be easily takeover by an organisation.
For now, lots of work:
1/ planning application (by W2T). Status = Delayed since June 2019, whyÉ (A question can be asked in AGM?)
2/ (7m?) funds to build the 1st plant (by W2T). Status = some here ’said’ and/or comfortably ‘believed’ it has already happened months ago (via EY London) but things is that there isn’t Angel Investors in the UK, so currently seeking Far-East
3A/ Find a suitable EPC Contractor to build. ITT, Contract Award, Contractor Mobilisation, (3 months)
3B/ Purchase Order to PHE for one 25tpd DMG
3C/ PHE to build 25tpd DMG (how many months? A question can be asked in AGM?)
3D/ Purchase Order for a suitable Gas Turbine (A question can be asked in AGM in relation to the Gas Turbine or the Generator?, and if PHE has several type of Generator could be used)
3E/ someone to build the suitable Gas Turbine, and get it deliver to Protos. This could be long lead item. (6 months)
4/ Commissioning (2 months) (completion date = expected 1 year from now)
5A/ 8000hours (i.e. 1 year) of operation proven problem free (completion date = expected 2 years from now, so, 2021Summer)
5B/ Intellectual Property application for DMG (by PHE)
further question can be asked in the AGM -
i/ as the current GA layout shown the Protos will be used for electric generations, so when will be the 'suitable time’ for the Protos site to produce Hydrogen? 1 year after the commissioning, or 2 years?
ii/ is PHE planning to have 8000 hours of problem-free operation proven DMG, so that this the very DMG can be the world show case. if there is no such planning, then why not,
iii/ what is the plan to meet/satisfy National Grid “plug-in” process&procedure?
i didn’t say it cannot be built within 12 months.
i am just saying W2T has not yet (via EY) raised the required amount of money (heard that it is 5k minimum if anyone interested). W2T has shown " 1m raised “ on their website, so if they have raised 7m i am sure that information will also be on their website. currently there isn’t ….
built and running within 12 months + 8000hours problem-free operation = 2 years (2021 summer)
then from there it will attract many customers even NGN or National Grid
to have their finance published, it is another year(2022 July)
so, 3 years from now to show PHE can actually print money.