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Fair point on the quiet period, but it’s worth noting that Engsolve has been significantly developed over the past year and is now the core asset. The real catalyst is project funding via Longspur rather than further RNS noise. The DMG story phase is over, it’s now all about execution and funding .

Red: Given recent events, a strategic HUI stake in Engsolve via Longspur would directly address HUI’s technical depth issue while materially strengthening Engsolve’s international footprint and monetisation path.

LOTM-13: Good structural progress in KSA, but until HUI discloses what income a plant generates (equity/royalties/licence fees), this remains progress not value.

Loads: RNS = progress but a non-binding framework only with no guarantees. Ill wait for binding contracts, capex committed, financing and announced timelines.

Whether getting in early or just watching, it’s interesting progress. Cautious investors may pay more but wait for signed deals. Whichever method floats your boat, good luck and Merry Christmas to all 🎄

5th Dec @ 0.495p slipped yes, but not heavy selling anticipated by some . Longspur have introduced some patience and will be working through the options available. Engsolve has value and will no doubt play a part in Ballymena progress. To see it through could take a couple of years so there’s the need for a capital injection. Whether an Engsolve JV or PHE dilution. I know which I favour. Whatever is decided they appear to be committing to Ballymena. The out come whether dilutive or not only changes when a structural RNS arrives.

Merry Christmas All

That’s a fair take Red. With 60% to 70% of the register effectively PI's via platforms, a slow walk down fits better with gradual private selling and lack of new buyers rather than anyone unloading tens of millions. If a large holder were exiting in size, you’d normally expect sharper snowball moves and heavier volume than we’ve seen.

That’s fair 👍 I wasn’t implying dumping . We don’t know anything about the investor or their objectives. Just that known warrant levels can make the price pause a bit, especially with a small free float, unless new news drives it on. Always a pleasure to have a reasoned discussion LOTM.

Dusty LOL... A dry but juicy analogy.

Jenson Worth remembering the 3p warrants are a natural reference point. Above 3p, extra supply can appear, so a bit of a pause is pretty normal without fresh news.

LOTM You’re right 😄 wrong label ...same chat psychology though!

Engsolve JV Explanation.

If a partner bought, 20- 25% of Engsolve and put around £3 - 5m into the subsidiary, PHE would keep majority control and PLC shareholders wouldn’t be diluted. That level of funding would ease group cash pressure and reduce risk. Engsolve worth is something often overlooked and to my knowledge never discussed here. Longspur Capital have been brought in to create structure not just a raise. Nothing guaranteed, just explaining the kind of structure if it ever happened.

Castle: A long way down the road, but at the same crossroads. Let’s wait for those signpost RNSs with numbers on them 😄

27% in a week and it’s “stuck”… AIM never changes 😄

I’ll wait for the TR1 rather than the rumour mill 😄

Red: Ha Ha quick search brings up a mere 100+ patents some domestic others inventive. Perhaps we bought the kiln from them 😄

Https://www.prnewswire.com/news-releases/a-new-industrial-benchmark---niutech-intelligent-pyrolysis-equipment-empowering-a-world--renowned-group-for-chemical-recycling-project-of-waste-plastic-302644499.html

Castle: Already got the feet up and the wine poured 🍷

I’ll leave the buying to Santa, he’s better funded than me 🎅😄

PHE appears more about pending structural changes to the funding route than daily price moves right now. Any non dilutive solution (e.g. Engsolve subsidiary level funding) would materially change the risk profile. Until then, it’s a waiting game. DYOR

Interesting movement post placing and licence news. The real test will be whether it converts into funded projects rather than just headlines. Watching how it settles after the initial excitement. DYOR.