Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
To me the NPV they provided in the last update is conservative, just as adviced by common accountancy assumptions. It wouldn´t be wise to provide optimistic figures at derisking stage.
You will see reality when the time for reality comes, until then the respponsible thing to do is being conservative-....
The potential for plastic recovery globally is massive. Quick google search, less than 10% plastic is recycled, and the market is about $45billion, around 90 of paper and corrugated cardboard is recycled, market value around $45billion. As infrastructure improves, recycled volumes go up and most importantly the streams of recycled pllastic become more pure (and valuable) the % should get closer to 100%,. Huge opportunity for small and big players,.
Syngas is a good starting point to then, feed into different things. It's not a black or white choice -thats why I was refering to a grey area in my commets- as there are overlaps and the situation regarding energy and resources is shifting. I'd be surprised to see energy valorization of waste as an end rather than as a nice to have as part of a chemical process to reintroduce the material in the value chain. I assume a rich varied colour palette (excuse the metaphor) will be key to develop the necessary resilience re energy and resources.
The good thing about chemical industry dedicated to high value products is that equipment is made to last and the cost of waste may be zero, so once you get the facility up and running at full capacity in a prospective very high volume sector, cash generation is good- oil industry, polymer manufacturers such as VCT- and businesses may become very buoyant if they manage to settle after generating the necessary disruption.
Therefore, the argument i am trying to make, is that from a best technology available and best use of resources, and everything else being equal (getting a bit utopic here) the use of waste to obtain new virgin polymer will always be preferred to energy valorization (unless you can not get energy from green renewable sources) as it maximize the value of the waste. Again, grey area, there is technology and research being done to convert combustion and gasification gases as chemical feedstock for fuel and polymers etc, but value retention (chamical, mechanical recycling) and energy valorization are 2 different things
Yes, you are right it is a chemical process that maximizes the extraction of calorific value as well as a mix of h2 and byproducts...Ch4, other valuable gases.
By chemical recycling (you will forgive me, this is a grey area and comes down to interpretation) I was refering to processes that are designed to recover the material as chemical feedstock for new plastic. That involves gasification and other processes but the efficiency of the system is focused in obtaining chemical stock hydrocarbon light molecules and refining it for new plastics.
From that perspective,P my understanding is that HE seem to be offering energy valorization (wuite clean) and effectively a good solution to unrecyclable plastics.
Another thought of my own, if this is so well aligned with climate change battle and all the sustanable buzz, isn't it likely to be subsidized or under some tax relief scheme? I am under the impression that when market turns a bit happier the iTMs, AFCs, PPSs, CWRs, VLSs AQTs, AEGs of the world that survive will all get their 5-10x slice if not more. Not to mention Technology Minerals. Its just hard for every single growth play atm
Fortunately a year ago I made the decision not to reinvest in here, although at that point I was quite convinced 2022 would be a good year for PHE. If I had, I would probably hold to see how the world economies keep shifting towards more sustainable models in the next 2-3 years and review my position again, unless major news for PHE happen. Waste to H2 technologies are key to the energy roadmap in the medium term until mature
& competitive technology for current non-reciclable recycling is available -chemical recycling of plastics is a big competitor for PHE, as it reintroduce the material in the value chain, instead of recovering and storing energy as h2, so worth keeping an eye on that too-
The RNS refers to Project Feasibility Study. It seems that is the definitive feasibility study and decisions will be made based on that.
Not sure if you were trying to convey that PFS is a preliminary study, in this case it is not preliminary. I think that happenned long ago
I don't intend to contaminate this board with other stocks BUT given that its quite likely people in here is clued in uk cyber stocks, I will just ask
Does anyone have an idea why NCC Group seems to be so undervalued? The more I look into it the more enthusiastic I get, yet no news - articles about it and it seems to have the most deserted board in this portal?
Am I missing something, or it is just a hype avert stock?
Thanks and again apologies to bring this up in this board
This is definitively the less popular most boring stock in this website! Its impossible to make either friends or foes in this board xD
Nice gains here today! Upwards and onwards!