George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
“ Forward Plan
It is Empyrean's intention to maximise the value of its interest in the Mako Gas Discovery on the Duyung permit in Indonesia and position itself for participation in the drilling of the high impact Topaz prospect. Demand for oil and gas in the South East Asian region is strong and growing. Demand and prices for pipeline quality gas that the Mako Gas Discovery offers is strong into the Singapore energy hub.”
Does this say we sell Duyung this year to fund Topaz 2023?
Profit is a profit Ripley. Be a while before I sell any. No hurry here, happy to sit in the seat and ride this regardless if few and there will be dips and rises that's just the nature of good stocks.
Maybe see you back here after finance?
Possibly reason TY, exited and did so holding a full pay packet after was gone from the position. Nice if you can get that sort of retainer. Maybe he ran out of spin?
PHE office now Yes silence. New CEO even turn up at the office? Suppose with digital banking no need to visit once a month collect his pay cheque?
Meanwhile at HUI the script writers are busy. What sort of cash in the bank is left?
Piltick & Seaflat, PHE hold the original IP, if DMG, be functional at 40 ton a day then it’s eventual worth something to somebody? Maybe not worth a bean to a PHE shareholder, but it will be worth something? That scenario I doubt will happen as all those shares that went as a pay cheque that’s a lot of disappointment?
Sub two pence it is going to take many more months of nonsense writing from HUI, Peel NRE, latter we obtain prefers silence and inaction before a possible fall below two pence.
And more shares to issue, almost numb to that I almost forgot.
The basics are not here in either company, that yet to happen, and no timetable either been produced? Perhaps this new radical arts London Stock Exchange, been waiting for? No need buy a ticket for a torture show, sit comfort own home and buy shares in PHE or HUI? Post pandemic arts, save on fuel too.
Or you could read it.
HUI, gave away halve million quid to another firm not being fully committed to DMG, having yet not obtained a sellable DMG unit?
HUI, paid to get only 3% of a company a lot of money & in that bought the right then lease land! Future payments attached to this lease?
HUI, no longer focused on DMG, having gained a lot of money from a share placing under guise full commitment to DMG, only then gift the funds to an Irish company that hasn’t either got a commercial for sale machine?
6th December 2021 almost four billion shares in issue Swazer. Not too sure you accounted that ever increasing number. Hence, by nature stocks that make nothing, produce nothing except more shares go down?
Shame really that the DMG, prototype been hidden away and we have heard not a peep about it for how many years? Surely that would boost sp or minimum stabilise? Did one of the two thermal chamber wear out? Maybe both did?
More chance of news from that Youtuber who lives near the Protos site. We should encourage him to join Patron, or whatever site were we could donate to their fuel costs?
When is next PHE, share issue? Ooops, I forgot that’s for HUI, to do. :)
Every chuff hole does surely have its day? Bum joke I know :) But, the EML, steam train maybe chuff, chuff away to a new higher station. Already in new lands right now highest ever so. So, please keep chuffing Jinx? Accept the title and do carry on chuffing up the mountain.
The valuation offered isn’t that only fixed against salts & MoP? Exclude SoP production that to happen later?
Anything over a quid is super, we should think quid land, and above. Next stop in the future Pound Land Station, where everyone is quid pro quo.
Thespecial1, unfortunately it’s worth far less. However, you knew it’s over-all direction the company having failed gain any serious progress.
People hang onto the next wind that Protos soon be moving forward Summer, then Autumn, and if the latter, contract negotiation with PHE.
Peel NRE nor PHE, ever yet stated any technical issue prevent DMG, from coming to the market? No doubt both companies are supportive of each other but they cannot keep stalling without valid (or invalid) reason when the August exclusivity contract does expire?
I having aired all the negatives and it’s now the end of April, both Peel & HUI, have May, June, July, August, that is four months. Really a short time in the life of a company. Although, HUI, should be given six months, that is their stated timetable.
Let’s sit back and watch the queer show. Maybe I’m old fashioned at business and the new normal be anything except normal business procedure? If successful, who will care? If a disaster, well, lots of people lose a bit of money. One takes a risk, accepts the hazard(s) and live life & learn. Ciao ciao.
Horult, when I decided to post my thoughts in-place was no intent to prolong the negativity. I have no record of this behaviour in all my thousands of posts amongst other companies in the ten plus years of investing.
When I have been negative its overall been a one comment and correct time proven. More so upon operational errors those soon brought to market and we all move forward or sp falls back either way majority forget my comments. They are today to rearrange the grammar around the subject title.
I was committed big to PHE, millions of shares bought majority sub penny. I bought when majority had no faith, whom believed the company was a dead duck.
I had seen DMG, own eyes, chatted to experts, heard their views and keep them private, both positive and negative. I even had a a T shirt, from the Chester open day, since faded yellow. Yes, I was a fanboy to the core and part of does remain.
The more they fanboys responded with nonsense and delibrate attempt flood the board to hide comments the more I understood HUI. The data they reveal that they refuse to confront. Basic simple steps that need to be in there to give certainty. Famboys dig their head in the sand.
PHE, is now a tech company. The doors are closed it does tech its licenced its tech, nothing more to say nor write until the license holder fails the contract up for discussion August. PHE, has no legal rights to discuss Peel NRE nor HUI. Parity with shareholders PHE, only sit and wait out the contracts to their conclusion and determine success or failure?
We onlookers able to observe and watch those tiny steps, steps that all companies must take, no mystery.
There us mystery around HUI. And Peel NRE, their DMG, unit does appear no further forward and I include the biding to house a unit? They have four months to progress the site and PHE, four months until they discuss with shareholders about success, failure, or just positive tiny steps forward them PHE, deem unacceptable or acceptable.
From a spectator's viewpoint a honest viewpoit of negativity I cannot welcome either. However, in a future I welcome being wrong and take no pleasure if any part of previous published questions be correct analysis?
Good news, no, just honest news of an actual schedule of works that at minimum bring HUI, and it’s version of DMG, to market. Honest news from PHE & Peel NRE, about when DMG, to be declared fit for a UK, market?
We have neither? Suspect they both be trying to keep the FOAK, as non commercial unit to initially evade many regulations required & that once the unit is tuned or better understood then that be next stage? This pushes back the timescale commercial sellable unit?
Personally I wouldn’t sell unless genuine obtain better for your money. Times like this when be better just switch off. No doubt are too many unanswered questions, too many avenues that lead to dead ends. I understand why people may had enough, uncertainty is never a market favourite.
Find it incredible that more basic or fundamental works required upon DMG, and rather than pay those works with a guaranteed schedule attached (certainty) HUI, went with a free deal and crossed their fingers in hope the tasks would be complete. If I’m wrong then publish the road map NOW!
Worse still that HUI, blown halve million Euro/quid on 3.33% of a company to them only gain the rights to get a lease on land? Smells very queer, that deal? Let’s wait upon Alex and the next set excuses 3-6 months?
Great. And here was I in expectation April, would be a bulletin board filled with whining & moaning about lack of movement or decline in the SP.
The correction was long overdue EML, should be ten plus pence given the faultless past and every past mile stone accomplished on time & on budget.
Just the last barrier to tear down, we all know what that is, majority I’m sure accept it’s in the bag. In your own time Morocco, after Ramadan, release the news.
Yes, no mention what do ever.
HUI, is desperate they will literally throw away money at anything create news rather than get the project that people bought shares and invested (DMG) into into the market.
No timetable this regulatory approval, we do not know what regulations HUI, must obtain?
Irish must be smiling at the London money filling their pockets.
HUI paid halve a million quid/euro and got 3.33% share in a company that will be bringing forward another technology that earns PHE, nought a penny? Did I read that research report correct?
For that halve a million they were then granted “The landlord of the site has formally agreed to the grant of a sub-lease to HUI, meaning that the company can move ahead when the necessary regulatory permissions are granted.”
Now have HUI got to pay in the future a fee to lease an area of the property? Just see the money run away from PHE.
And what are these regulatory approvals? EU conformity of DMG?
Why not mention Linde group, with their first offer bid agreement and their alleged commitment to bringing DMG, to Eu, standards?
Seaflat, very aware that I laid out the steps. As ever cannot face facts and run away because that is your convenience.
Where do I defame PHE, or HUI? Can you sell me a DMG? No, none are built & non meet regulatory compliance within the design stage! I couldn’t even take the paper?
And when Linde group clapped eyes on the design they offered to redesign! But we don’t even know the cost! Obviously no hurry should they have different hydrogen projects available!
Imagine someone turned up at your door step wanting something for nothing basis of first bid? LOL, Hilarious! Linde, going to do all this work, work we know not what needs done, and at no charge only basis of ability to bid! Crying out loud man, where is your common sense!
And we obtain that the Irish, project is to be built in Ireland! By who? What company? Even Alex, doesn’t know! Just opens mouth and words are heard that are ideas, concepts, or hope!
Comedy of errors, where next? I’m sure HUI, are desperate try find a tin pot nation without laws to come on board. Yes, or next country is LuLu, land or somewhat, and off you all go chasing the news of news.
Poland, no news.
Greece, no news.
Hungary, no news,
Bulgaria, no news.
Extra, extra, news! Ireland, but wait maybe 3 months, no, maybe 6 months?
Peel NRE, no news. Except no further works and that’s from an unofficial local source via Youtube.
Now ready to sell your product, it’s a design, only on paper.
1) Find an engineering company
2) Health & Safety Consultancy company draw up safety operations manual of that of your target country.
But wait. You’re selling a physical product that’s interacts with additional regulatory bodies within your chosen country. Now you obtain no one wants to buy your product as it’s too heavy a burden obtain all necessary permits. Or the buyer wants too big a cut of the profit?
Now incorporate another company that intends to buy your design and raise the capital to build and operate.
What are we missing? Missing one crucial element and that costs more upfront money. And that chaps is the reason I know DMG, cannot yet progress. Along with those other basic steps..
The steps to operate in any country are basically all the same. And HUI, don’t know what are doing from one country to the next.
Nothing is happening in Greece or Bulgaria. Total rubbish (pun) that there be anything happening in either those two countries.
HUI, was talking about investing money to get Bulgaria, up and running and they have spent their funds buying a plot of land Ireland? Greece & Bulgaria were just from a conversation with Mayors, there is no more than that and a piece of meaningless signed paper.
Seaflat, you’re are utterly in a reality of fanboy. You’re are in complete denial.
Let’s discuss a road to commercialise a new manufactured product. We will exclude finance, after all money follows good ideas, money follows potential profit.
1) Concept, the idea, thinkingness
2) Design, brining the idea/concept to reality (agreement) with all those basic engineering principles and regulator standards.
3) Display the design
4) Put your idea to peers or to formal validation.
4.1) Build a prototype an actual working machine
5) Obtain data from 4) & 4.)
5.1) Alter the design where necessary
6) We have a workable design, we even have a workable prototype. All is good to now up scale the idea.
7) More validation. The commercial unit (up scaled version) as it’s to be sold subject more engineering appraisals and validation and when complete 8)
8) Decide target market, UK, EU, USA, etc.
9) Acquire the necessary certification to sell into your chosen market from hiring the necessary
companies.
10) Fully validated design, you have all necessary certification, applicable in-country standards are met, include international standards when applicable. Now ready to sell your product.
Without 10) we are just going around in circles. Don’t you want 10) Seaflat? Seaflat want failure, to lose money, encourage others throw their money away?
Seaflat, the only ruining element is shareholders not asking questions.
You all know that not one single DMG, could be sold until the basics are sorted out. Alex and co, talk all day, they can run from one country to the next Eu, country. The situation does not change.
Now they blown halve a million of shareholders money. Sure that should gone to quicken the pace with Linde, or Sweco?
As soon they have one successful working plant with all conformity, etc, they’ll fly out the door by the dozen. Why schism and spread thin? Just does appear these people treat money as amusement, don’t take serious their role of getting DMG, into service?
Also now subcontracting work to another company to build DMG? No mention of Linde? By the time these units get built every tom dick harry be able build one. No patents to stop these companies from making a quick few quid. Few component changes, etc, and hello China, back street manufacturer.
Look at the share trades, bundles of small trades all trying to signal none sense to the naive that something big be about to happen. Never seen a more desperate bunch of fanboys.
The path to commerciality is very simple, it’s not complex. What reason cannot we view the path from HUI?
Russia cuts gas, but could anyone sell a DMG, unit right now? Not a hope.
Least a year away. What was the podcast about? Any mention of the fact that the unit cannot yet be sold into Eu? Any mention when they expect to obtain the necessary test certification, etc, be able to sell into the Eu.
Forget chasing dreams of multiple million Euro deals and get the basic answers to basic questions first.
https://www.trifol.ie/technology
It’s a prototype in development in conjunction local university. The Trifol unit whatever reason isn’t commercial?
“This pilot plant was re-established in Trifol’s new commercial facility in Portlaoise June 2018 to tailor products for customer testing and refinement. Pilot studies are ongoing as we move into commercial production.“