Member Info for LedZep

BlueToff:
Your HUI IPO application went through O.K. then?

Dave:
I think you may well be correct about you talking complete rubbish (haha), as I don't think we've seen the back of the 7 million shares.
This is because the shape of the chunky sells don't appear to be originating from a single seller, in that, the quantities have been mixed and there have been rounded share numbers e'g. 1,000,000 and rounded financial numbers (net of commission) e.g £25K. Two different approaches.
Also, IMO, when dumping a sizeable quantity of shares, quite often the seller, from my experience, lets the sp breathe and recover a little, rather than chasing the bid down.
We could both be wrong and the option taker has stuck the shares under his/her mattress.

Just a question:
Of those who have registered an interest in the HUI IPO with Novum Securities, has anybody been contacted/telephoned by anyone other than Jon Belliss?
It's just that, ringing individuals appears to be a bit of a labour intensive approach for a £30m floatation, for one chap.
Oh, I get it, that there should be Insti Investors and HNWIs taking a large slice of the float, but still a lot to do.

LEO: As Shivest mentioned, some idle plant on site but nothing actually happening.
Access road foundation laid but awaiting kerbing and asphalt, with just shrubbery on Plot 10B itself.

Same here Shivest, good to put a face to a name. Shame the weather wasn't a little more sympathetic.

Okaydokey

Shivest:
No problem - will be parked up on Grinsome traffic island (the one before CF Fertilizers) in a 05 plate grey Astra, from 12.00.

Shivest:
If you have an approx time, I can meet you down there.

Hi BlueToff:
Does make you wonder whether that was a stock Email response from Piongkwan Thummukgool, since this person has been at the Thailand office from when it operated under the auspices of W2T, for several years.
The purpose of which was to seek out potential projects for the PHE technology.

Only 7 years for me, so whats another few months, watching the sp bob up and down.

As I have suspected for a while, and has become clear from the tone of the latest Protos community update, that PHE's DMG on Plot 10B is inextricably linked to Peel's concept of a "Plastic Park". This vision is now subject to a new planning application that was submitted in October with approval anticipated "early 2022".
So, I would not expect any form of financial close on the project until some time after "early 2022", assuming PHE has a new CEO in position.
Regarding groundworks on Plot 10B itself - no change.
Plot 10B is still fenced off as before with no work within and the access road has a stone foundation but is awaiting kerbing and asphalt. This road was started 3 months ago, so IMO, anything related to this patch of Protos is subject to the above approval.
Enviroo had better update their countdown clock because they don't even have a perimeter fence in place, yet.

Dabler: regarding your 16.56 post:
In the long term when the full symbiotic relationship between HUI and PHE has fully developed and PHE has cultivated additional partnerships and licensees, there will probably not be any negative effects for PHE shareholders.
However, for the past 12 months PHE has been dependent on HUI's progress in Europe, because without it, and the distinct lack of progress by Peel, PHE's sp would be a fraction of where it is now.
PHE has benefitted, IMO, because HUI are yet to be a public company and people have bought in to the potential via PHE shares.
If/when HUI launch their IPO and continue to strike agreements, partnerships etc. then they will receive the primary effect of these deals and PHE the secondary effect, IMO, particularly with the time lag of planning, financing, and construction before PHE receive revenue.
If PHE continue to be constrained by Peels progress, and don't create alternative partnerships, the HUI IPO effect on PHE could be further exacerbated, I feel.

My expectations were low and even those were missed by a country mile.
Range of attendees too widespread for a 90 min session and had no cohesion in achieving any objectives.
Were any objectives of the session stated?
NO CEO TO REPRESENT PHE,a massive own goal ( no several) to direct proceedings to the OWNERS of the solution to the ocean problem outlined at the beginning i.e. PHE.
PHE are bobbing around in the business ocean with no direction, ownership, or real purpose at the moment.
Linde can be discussed until the cows come home, they are in the frame to clean up the syngas, which is not a massive commitment from them.
Will someone please take PHE by the scruff of the neck and give it some direction and purpose!

Piltick:
Regarding Financial Closure - I get what Dr.A says about the February date, as that was my first conclusion but I feel that date is just another "hoof it down the road" tactic.
If the delay is all around the DMG project now being tied up in Peel's objective of developing an integrated Plastic Park, then I suspect that FC will be a lot later than February next year.
The planning application for the Park (21/04076/FUL), made on 7th October, is pretty extensive and is for two plastics recycling facilities, a polymer laminate facility and a hydrogen refuelling facility, which I think will take at least 6 months to go through the planning process. In addition, when approved, these facilities will then join Plot 10B in needing funding and then becomes subject to Peels financing plan i.e. partner(s) for the Plastic Park or individual facilities.
Coupled with the above, we need a CEO firmly in place to be part of the funding discussions, IMO, so I would be well surprised if FC is concluded by February next year.
For me, the RNS yesterday wasn't a project update, it was just an admin tidy up.
Also, as before with TY, people are playing a little fast and loose with regard to the term "site", when meaning Protos Site but leaving it open so it could be inferred to mean Plot 10b......... just my little gripe.

Val: Regarding your 20.01 post and Peel takeover of PHE:
I would imagine its all about risk and reward for Peel and until the FOAK has been proven for commerciality and scalability, the likely cost prior to FOAK is outweighed by the present risk.
If a buyout is their intention, with the delays around financial closure for Protos, they are not putting too much credence on the possible progress that HUI could make with PHE, because if tangible deals are done in Europe then the price for Peel to pay just escalates, IMO, and the buyout gets more complex.
Just think the issue with Peel is that they have been slow in getting their Plastic Park strategy together (e.g. fragmented planning applications) and that has delayed the firm financial commitment from themselves and potential partners. Still think Progressive Energy may be in the frame to partner with Peel to fund the Plastic Park, we shall see.

Previously I was of the opinion that the stepping down of TY would facilitate the conclusion of the financial closure, but as things stand, with the lack of appointment of a CEO, the FC is somewhat further into the future than the end of this month, IMO.
I would imagine that Peel and potential partners for the Plastic Park, will want to see the whites of the new CEO's eyes before committing to a finance deal.
In addition, the planning application for the additional elements for the Plastic Park have only been recently submitted and it could be that Peel are waiting for the outcome of that planning, before committing to financing for any element of the Park.
IMO, Peel were slow in transitioning their strategy from stand alone processing to a fully integrated Plastic Park, which has resulted in more and more delay to the funding of a DMG.
Running in parallel to this PHE have had the CEO debacle (12 months nearly, since DR announced his stepping down) whilst the media is full of climate and plastic discussion, leading up to the annual climate conference being held on our doorstep, without a leader to promote PHE's cause.
Dr.A's approach for waking up the company is up for debate but they do need a severe kick up the arse IMO, as the communication regarding what is actually happening at Protos and the real reason for delays is being kept under wraps and will just lead to more speculation.
Very poor show from PHE considering they are sitting on global climate changing technology when almost all the world is becoming acutely climate aware.

Operastar:
I think you past Plot 10B and headed for the main activity (Plot 8) and were met by the barrier and security adjacent to Plot 9B heading towards Plot 8. See Protos plan below:
https://www.protos.co.uk/site-availability/
Plot 10B can be viewed from the road on two sides and from a footpath on the third side.

Pleasant day here in north Cheshire, so had a walk down the marshes to view the latest on the Protos site.
Regarding Plot 10B itself, no change. Still a fenced off overgrown shrubland.
The work on the shared access road (to Plot 10B and Plot13) appears to have ground to a halt, with little change from 9-10 days ago i.e. compacted aggregate stage, waiting for kerbing and asphalt to be laid, I suspect. There is one excavator parked up adjacent to Plot 10B.
However, the access road adjacent to Plot 4 heading for Plot 8 has kerbing laid and waiting (I think) for final layer of asphalt.
Buildings now erected on Plot 8 (Covanta), and not talking garden sheds. These have taken approx 6 months from initial foundation piling to the construction of buildings superstructure, so Covanta are cracking on with it.

Piltick/Dr.A/Occy: Cheers
Occy: The only cats I see are p**sing in my back garden and don't belong to me.
Dr.A : Busy at Protos at the moment, with the ongoing work on the "rear" access road that runs at the back of Plot 4 to Plot 8 (Covanta) with foundations laid ready for surfacing, as I see it.
Foundation piling finished on Plot 8 and big cranes in place starting the real construction, but will need to get the binos out to get the detail. So quite a hive of activity.

Not been paying much attention to the BB over the last few weeks, since it became occupied by sp dreaming Mystic Meg types, but the rise in sp caught my eye, so had a trawl through the recent posts.
Piltick: Still here, mate and thanks for your concern, but I am somewhat disillusioned with PHE as it stands at the moment.
The recent leadership has been dreadful, since DR announced his standing down and the company has been rudderless, with senior members coming and going on a regular basis and no replacement CEO yet, and a key milestone of financial closure due in about 12 working days, and not a word mentioned from the company.
The technology is sound but getting it to market has been and still is painful, with little commitment from Peel. I don't give much credence to what HUI are doing, not until something tangible has been attained e.g funding, planning permissions etc.
As V-I-I mentioned, too many similarities with the W2T set up, and look at what that cost us in shares.
So, for me, PHE is pretty much at arms length at the moment.
Some progress on site, with two excavators working on the common access road to Plots 13 and 10B, and having to go deep, by the looks of it (it is marsh land afterall), but new drainage culverts now in place and new road foundation stone going down and being compacted. So we may see some concrete and tarmac in the near future.
From V-I-I :Hydrogen to be produced down the road at Essar (Stanlow refinery) via the Nynet consortium, which is being by developer Progressive Energy.
Progressive Energy are also developing Plot 4 at Protos for a Bio-SNG plant..................now could it be that Peel are trying for a partnership with PE for the Peel Plastic Park, of which the DMG (plot 10B) would be a key constituent part ???????