Katherine Roe, CEO at Wentworth Resources talks through the Ruvuma gas development in Tanzania. Watch the full video here.
Fascinated by the full-on adoption of Digital asset streams.
1st IM manual ledger application by end of July with hard code platform version due December.
Lodged my first question via “Investor meet Company” to BOD yesterday.
Q1 Can the BOD explain changes regarding updates to the proposed platform regarding ERP, CMS. IOT assurance including any changes to blockchain ledger accounting policies. Due process and timescales help investors gauge progress. Thank you..
Unsurprising that there’s still a void between Mainstream and Digital asset funding when it comes to assurance.
IMO syme should have utilised NFT within the platform years ago. Shed fulls of value tied up in digital currencies wondering how to monetise their assets.
Hey Ho..
One positive LOL This is the most honest RNS to date.
I’ve only skimmed the RNS but certainly shouts “ALL CHANGE”
Complete rebuild of Model regarding ERP, CMS. IOT assurance plus changes to blockchain ledger accounting policies. All ties in with IP asset separation which makes sense for AZ in lieu of future expenditure.
? Hedged funding asset class, That’s an interesting addition to the mix (one positive IMO).
A buyout, JV, or carry on grinding what ever the cost.
I don’t think AZ can let go.
He will carry on regardless, hopefully including PI`S as baggage.
Unfortunately, a lot of baggage is currently going missing at airports……
ATB
Id look at this company, ships in waste by the train load from all areas for their furnaces. Big operation with their own railtrack joining the rail grid.
https://www.hopecementworks.co.uk/environmental/using-alternative-materials/
Might even get the Peak National Park onboard (one of the UK's strictest authorities)
Just a thought..
PHE Due diligence of available funding crucial re longevity of time scales.
Research projects to date well-funded. Not up to speed on terminology however Inclusion of implementation stage project assistance appears to be gathering momentum.
If PHE can get support, it would IMO provide good value for taxpayers money.
Examples below.
https://www.gov.uk/government/publications/industrial-hydrogen-accelerator-programme#full-publication-update-history
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1079284/iha-competition-guidance-stream-2a-v3.pdf
A greenish mention
https://envirotecmagazine.com/2022/05/24/new-centre-to-advance-hydrogen-and-syngas-production-from-waste-plastic/
Another mention lumped with other WTF enterprises mmm
https://www.digitaljournal.com/pr/plastic-to-fuel-ptf-market-set-to-witness-an-uptick-during-2021-to-2031
Any thoughts on whether the GTIC will fall outside Peel's contract?
GTIC Seems a quick “plan too bricks” turn around considering the usual Planning, environmental scrutiny.
I wonder if a Garbage Tourism Information Centre circumnavigates a few restrictions. :))))
ATB
We have seen a change in supply chains geopolitical protection, having to deal with Tinpot regimes etc as counties grab at essential supplies.
This will have influenced SYMES 2021 global model objectives. SAP, Deloitte and DP World are all seeking solutions.
I can see a radical rewrite of strategy considering received funding.
My point is clarity and regular reporting is now paramount as a time schedule has been set by those funding strategy developments.
Quote from RNS Wed, 27th Apr 2022 07:01
“In March 2022, the Company appointed an independent (1)ADVISER to prepare it for its next phase of growth, which will focus upon the delivery of long-term business objectives and its (2)GOVERNANCE SYSTEM REQUIREMENTS. Likewise, the Capital Enhancement Plan forms (3)PART of the Group's (4)NEW 2022 STRATEGIC PLAN (the "2022 Strategic Plan") the Board will present to shareholders”.
Q1 Who is this independent adviser?
Q2 Is this a change to the current asset class dependency?
Q3 What other factors are PART of the New 2022 strategy plan?
Q4 Does “NEW” indicate a sweeping change from the 2021 objectives if so what?
These questions should be addressed by the BOD with a comprehensive explanation.
I gave Q3 2022 for several advancements to the model last year, not one has been updated or reported on to date.
I`m trying to be rational and still enjoying the journey but If strategy clarity, reporting and accountability is not forth coming, we all know the consequences.
ATB
No interest in historical woes.
If its CEO Richard Hodgkinson knocking some heads together to get things moving, then good on him. A couple of months in, setting a time scale for the TIC build and most importantly a demonstratable plant indicates all the hallmarks of a doer. No excuses on this one as it’s just a scale up.
With everything else outstanding Mr white is pulling from HUI`s perspective.
The best scenario I’ve seen to date especially as a lot of folk now nervously sat on cash.
ATB
https://www.parliamentlive.tv/Event/Index/4b0182bc-b64b-4fe4-9ec2-bcaea8c70ecc
Russia Ukraine/USA -Taiwan(china) is accelerating the need for alternative energy sources away from dependence on fossil fuels.
World Hydrogen infrastructure is in its infancy. volatility is already with us.
IMHO now is the right time for a TIC build as the reality of instability through dependence on fossil fuel sinks in.
I just hope that scrutiny/planning is less of an issue with a technology centre so we can all move forward and sort out this fantastic plastic mess.
Davos: Amitriptyline and a cup of fair trade coffee Sir..
I`m encouraged by the news of Global Technology and Innovation Centre.
It widens the horizons of (PHE) Engsolve design and provides a platform of expertise for customise design solutions meeting customer’s capacity, localised feed stock and geopolitical factors including environmental regulations etc.
Technology and innovation centers as hubs often engage with university research facilities not to mention PR opportunities and the associated finance TIC`s attract.
I wonder if Peel or our enthusiastic UNI connections have had any input? Does Protos = turnkey?
No mention of any change to ongoing projects, E.G. Irish wax/potential DMG or a customised solution is still unclear but perhaps a broad-brush approach is seen as the way forward by both PHE and HUI.
What ever materialises its still a 3-year timescale for me.
ATB
https://www.linkedin.com/pulse/transforming-trade-rebuild-global-economy-sultan-ahmed-bin-sulayem/
Digital Technologies Will Power Collaboration
Global supply chains are arguably some of the most complex economic ecosystems possible. They work only when an enormous number of stakeholders co-operate and co-ordinate to move objects from Point A to Point B – or rather from millions of starting points to potentially billions of destinations. To make sure trade is not easily disrupted by external shocks – whether that’s a pandemic, or a large vessel blocking an important shipping lane – we need to build a digitally-driven ecosystem that provides connectivity and transparency between government authorities, shipping agents, transport providers, importers, and exporters.
Chairman & CEO of DP World
60M Ha Ha Even grants set deadlines.
Archive 2020
The £1.25m grant is to fund purchase of the thermal conversion chamber, a core element of the DMG® hydrogen from plastic waste plant and will be subject to the DMG development at Protos achieving planning approval and funding by the end of March 2020.
David Ryan, CEO of PowerHouse Energy said:
In the mean time i'll stick to a weekly Lucky Dip.
NutHazard:
I agree a functional plant is the goal and will get big media cover.
Media is a changing, as small groups/organisations now have the means to make a lot of noise.
Plastic is a dirty word. Recycling is under intense scrutiny.
On success competition will try to smear PHE with anything it can.
My point is engaging with clean-up environmental groups at an early stage will strengthen the company’s ethos, helping to extricate fake Greenwashing claims.
3+ year hold for me.
ATB
IMO
PHE should be networking and collaborating with more people like Jo Ruxton (Ocean Generation).
On boarding those lobbying for environmental change does put more pressure on decision makers. These organisations have the potential to become a marketing instrument to increase public awareness by broadcasting the environmental solutions to hand (DMG).
No marketing department required, lots of cash saved.
Any thoughts ?
Mjallen: Similar position in Rothesay Dock, West Dunbartonshire.
https://plandocs.west-dunbarton.gov.uk/planning/planning-documents?SDescription=DC11/148/FUL
Must be equally frustrating for the BOD and investors when skimming this lot.
Just hope they don’t apply for a rail link. :)
Every day more innovative Hydrogen tech-based companies engage with the big players.
The more the better IMO. Each one playing its part in bid to clean up mother.
Lets face it were currently living on a dirty *****...
https://www.levidian.com/recent-press2/national-grid-signs-up-to-trial-levidian-loop-the-gamechanging-decarbonisation-device-aiming-to-turbo-charge-the-uks-access-to-hydrogen
As well as PHE I have vested interests in Graphene, also becoming a hot topic.
My one concern is the life cycle of graphene??
Good to see some movement in PHE although not sure why.
ATB
PHE Will have to work hard to distance their technology away from the ever increasing green-washing brigade.
https://www.nrdc.org/stories/greenwashing-alert-chemical-recycling-isnt-actually-recycling-its-plastic-incineration
https://www.smart-energy.com/industry-sectors/energy-grid-management/northern-england-likely-site-of-gbs-first-hydrogen-village/?utm_source=rss&utm_medium=rss&utm_campaign=northern-england-likely-site-of-gbs-first-hydrogen-village
Also Watching them woody neighbours up and down the road.
https://bioenergyinfrastructure.co.uk/news-article/pioneering-negative-emissions-project-presented-at-national-waste-to-energy-conference/
https://www.cogenuk.com/projects
Calorific values of waste key to productivity/efficiency.
Plastic = 40 MJ/kg 11.11KWH
Tyres = 33 MJ/kg 9.16 KWH
Wood = 12.8 MJ/kg 3.55 KWH
The Syngas Guys.
William Murdoch 1792
Philippe Lebon 1799
Town gas/coal gas (Syngas) phased out 1967. 49% hydrogen
Professor James Blyth, Electric power from Windmills 1887,
First commercial onshore wind farm wind farm 1991
Waiting for wind.. 104 years.. 12-18 months for a DMG, a mere blink of an eye ;).
In the meantime, hope to see some concrete news and poring without further flatulence.
ATB