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I feel he was likely pushed too. I cant imagine the likes of H Whyte were to happy about the rep TY was giving the company. Personal reason can sometimes mean something bad in their life, which you wouldnt wish on anyone however I dont think thats the case here as you wouldnt do the consult stuff if it was.
I think longer term its good he has gone. I feel he failed the company to an extent and was just to shady to trust. Every RNS lacked detail. I feel as a CEO he lacked the ability to communicate with PIs. He did do some good too though so wish him well.
Hopefully when we get a proper (not temp) new ceo in PHE can start to push forward as it should and take more of a place at the table.
As a long term holder and long term believer in the company I am looking forward to a better chapter next.
This board will carry on regardless and your ususal abusive posters like Mr As mate will run anyone who disagrees with him off it in no doubt an offensive way and likewise haters will always hate but at least we can hope a bit more now.
RC. Never use lse for looking at the trades. It does its best but gets it wrong a lot.
Topped up myself too
1 mil oz as a min for it to get the hype going however collectively I believe we will have triple that across all mines. Just a hunch and not based on any hard facts so DYOR but looking at the locations, which I have. Almost all are on Greenstone Belt, which is known to be where bigger finds occur. For me its the Slam Projects two mines in the south west of Mali which interest me the most. Their locations are prime time. They are also are least developed projects so some time off, however so many big mines near them.
Longer term our gold alone I believe is worth more than our current Mcap, so when you add the lithium to that mix, you got a good one.
Its gone back down now. It does that sometimes.
MrNewbie. There was a lot to trade on. Last dip to spike was about 30% plus, not 10%. I know this because for full clarity I traded it.
The dip to me is just traders. Cora has a pattern to it and its an easy trade for some. Everyone new news was coming and brought in, with the old classic sell on the news coming into play. A few days dip then everyone will be back in for the next rise.
RNS is a little lacking detail but that is pretty standard for a TY RNS. Mans a politician so never going to give straight info.
Because of this you have to read between the lines a bit. Im viewing it that PHE is very employee short therefore Engslove have been our supplier of the engineering workforce. PE was co founder of Engslove and PHE saw he knew his stuff and did a good job so offer him the COO role at PHE. DR as we know, has retired, so natural for his wife to also be looking to step back from her own duties too. Both earned some relaxed time no doubt. PHE would could then let her sell her stake to an outside party or take the opportunity to buy them and part own the company, bringing the engineering aspect more inhouse so to speak.
I think in the long run its a smart move for our future.
Hi Wolves.
I prob should have written added componets rather than simply tech. Its a very interwoven business that is for sure and when you look into it a lesson into how to move funds about.
W2T had the deal with Protos and PEEL as apart of their research into Gasification. It does get a little messy here. Howard White founded W2T. He then invested into PHE which then in turn brought W2T (Howard White founded AFC Energy too).
Engslove are engineers with a special area of expertise in green energy engineering. I know no details really but figured we must be using them as we dont have any of our own employed as such. Messy bit is Dave Ryan, our old CEO, his other half is a founder of Engslove along with our new COO Paul Emmitt.
Howard fingers in pies White is also involved in HUI, who as you know will be purchasing licenses from PHE. A lot of which will come from grants.
Its extremely shifty and messy from the outside and raises a lot of eyebrows no doubt, however I do think that without W2T we wouldnt be close...ish to having first unit built. Engslove may well be our contracted engineers who will be of use when more units start going up and also to problem solve on route.