George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
MJallen what absolute garbage, when have I said I know more than other people, you have yet again demonstrated a condescending arrogance . I have no wish to communicate with you further good luck with your investment
Mjallen, what management? obviously Powerhouse , why so many non execs? what do they do ?do you really think 4 years is an acceptable time to take. Like I said the technology has been proven but the company are not capitalising on it, I'm here because I want to see the company work and help deal with plastic pollution , your reply smacks of arrogance . Peel are not demonstrating in the slightest that they know what they are doing otherwise it wouldn't be taking so long
Protos was granted planning permission in 2019 its 2022 now and not going to be finished until next year. Four years is absolutely unacceptable for a proven technology with so many benefits. Its why I sold my entire holding last year. I will look to buy in at the end of this year if I see a reason that makes me. It absolutely smacks of poor management.
He obviously is fairly sure of its success as that is his full ISA amount for the year
I really don't understand peoples concern here, the holes are all between the ascot and racecourse prospects, to determine if the mineralization extends. To be honest, the shareprice looks to be oversold by investors who didn't read the RNS properly
extremely poor management ,missed deadlines, poor communication......will the uplist ever happen? I think this company will go bust long before the uplist happens , only my view but based on history of the organisation seems like a real possibility
PHE really need to finish the site build and get it in operation, possibly more delays? to the schedule. The company has a fantastic product but they need to get it in operation as soon as possible , fuel costs going up can use hydrogen as an alternative fuel, and a solution to waste plastic, two selling points and they are still dragging their heels. So is there a problem with the technology or is it a result of poor management ??? I sold all my holding a while ago as I could see the share price drifting lower when they said that completion wouldn't be until back end of next year, I want to but back in but am reluctant until closer to end of this year
I did Dr A, I'm still watching powerhouse though , but want to see some progress before reinvesting again.
I sold all of my shares in a few tranches as I was concerned about the lack of urgency from the company, it really is taking too long for the Protos site, it should have been up and running by now, the technology has been proven to work , so what is holding it back ?? that has what has made me nervous. I think the leadership team really need to get their finger out and capitalise on their technology, otherwise they will be overtaken by competitors a bit embarrassing for them
Nothing is certain, AA have first refusal after 2MT copper announced
That will be in a couple of years all being according to plan, we should be getting a dividend before that with any luck
we must be easily over 2MT by now!
Im Spartacus!
This would probably favour EQT as they have a waste plant in the area rather that PHE who seem to be taking far too long to get the Protos site up and running. I just wish they would hurry up as there are so many opportunities they could take advantage of.
and??
Hi Marc
cheers, missed the month off the end quite vital that :-)
market cap of 40 million annual offtake agreement of 22000 tonnes at say 277 dollars is approx 5 million
Did anyone listen to the interview with Lord Deben of the energy and environment committee regarding Net Zero strategy, far too much focus on small nuclear and then he stated there was not a sustainable way of producing hydrogen!!!!! I thought the employment of Tim Yeo was supposed to spread the word because of his close ties with the conservative party , really Powerhouse sort your marketing strategy out because it certainly isn't working
I have been invested here for a while and reduced my holding as a result of the Protos unit not being scheduled until 2023 and Tim Yeo being the chairman. I believe the process will be beneficial in ridding the world of non-recyclable plastic and other feedstock, but the lengthening time scale is galling. My other issue is whilst there is a small number of these units in production the price that can be charged will be reasonably high, so £500K licence is affordable but what happens when the feedstock price drops, when will this happen and how will it impact the share price.
Im with interactive investor and got my dividend last week and have just had the scrip dividend performed today