Member Info for greaterf00l

hey tony, here since 2020. with every big surge in share price (up or down) this forum spikes as well, as does the negativity between posters. i would ignore the personal bull**** and filter out the facts.

as for the company, we have been through some directorate changes and a few 'weird' movements from big shareholders (read howard white). the economical environment has changed a lot since 2020 so in perspective, i find the directorate and strategic changes did turn out good, as for now.

where will this go, will the big fish bite, we will see, nobody can know, but how i see it the intelectual property in gb is a first good step in the right direction. now let's go for the test unit and see from there on!

Hope you didn't hit the road ;)

Let's hope, but based on what if I may ask?

Castle, I don't think you should report red for saying a full size tested unit is years away. He is right.

This year is already over in terms of projects, a lead takes months to develop, then comes the engeneering, only then production, installation and testing, and first of all we are developping the test unit which will only be ready end of the year/beginning of next year

I think it's only realistic to say that a full scale unit would never be ready before next summer/end of 25, hence a few years.

You do deliver some great research/information, but 3/4 of your posts are not the biggest contribution imo, so please don't start calling names, we already lost the Dr A to that

And although you are very right about all these predictions, that it is not based on anything, saying 200/250 units for 12p is not a pump and dump as these numbers won't be reached soon

I agree that 5 project is not a lot, correct. On the other hand, we can't put projects on the timeline that are not there yet. But yes, I do hope that number goes up.

Not sure if project equals unit, but with current overhead we would be making a profit with 5 though, so that statement is I correct.

The hydrogen statement is also taken out of context, they switch to syngas because there are no buyers for the hydrogen, but once there are buyers they will make the switch. This shows strategic manoeuvrability, which I do appreciate.

And who knows, maybe this stock will even go through the roof before making any profit like a Tesla, spotify, netflix,...

Let's take a cap rate of 10%, so profits of 10 million a year.

Costs are 500k payroll ATM so let's take 1 mil.

License fee 200k/year I seem to remember, so 200/250 give or take.

The engineering fees could be the same amount, one time only per project, but still some big numbers.

No idea about royalties, but I would not be surprised if we reach that mcap a lot sooner just based on expectations and 'news', because once proven on commercial scale, I cannot imagine that this will be all over the news in Europe/Azia.

Every big port is going to want a few of these!

To quote the annual report released 3/6/24:

"Our revenue generation will be derived from:

Licensing our technology to developers globally

Royalties – revenue sharing from output of Powerhouse designed solutions

Engineering design

Project and client engineer fees "

But little correction, Protos does not seem a priority this year as clarified in the annual report

Does someone already have access to the agenda of the AGM?

Nice find, news from 23 but they still seem active !

I do agree, but let's not forget the yearly (financial) update in June that is always accompanied by a resume/forecast, the pending European/Asian patents

And let us hupe that the team didn't sit still waiting on the Kiln but sprung into action to prepare as much as possible before arrival !

Did I hear it right that the units in Switzerland and Hong Kong are under the National Hydrogen agreement?

Https://www.ig.com/uk/news-and-trade-ideas/powerhouse-energy-building-a-royalty-gas-production-business-240314?fbclid=IwZXh0bgNhZW0CMTAAAR1hzxs60T9DXygKkobUPM_fQ2Vi6wgzBVauC7mz7Q14fP1UECfwU-ypVcs_aem_ARWdv3PBVsJbU5ktnL3aEmnjEGqr9MLgGWwNSQnk0Bfe8m3fAQZjlfMRl6PS10rtf-SplvZXOBxfyvrHQkscG3yv

What is your source?

How I read it the EU patent would be granted October 23, so imminent. And I seem to recall Asian patent applications as well?

What would really kickstart this is the granting of the European patent. Anybody any news on this front?

And does anybody know if there are also applications in Azia for patents?

And we already beat the volumes of yesterday !

These volumes are indeed lovely to see, makes a man dream!

There is a difference between GB and EU patent, if I'm right we still await the EU patent

Not denying that castle's posts are sometimes/a lot of ramping, but he is right that the patent news is important.

Sure a full scale working unit is (at least) as important, but the patent is the first next step in a robust business model.