Member Info for mjallen

Testpact3 I believe that you are right on NOX. I live on a main road into my seaside town and the sap residue from the tree outside my house captures those pollutants on the walls. Plus the asbestos Gamage to my lung causes me more problems in the summer months when deiseal cars are queuing outside my home. Hence why I have Aircon in my front facing rooms.

What I cannot understand is why everyone is so concerned about these irrelevant facts. When we still have no answer to why a commercial plastic TCC has not been or being made and tested. Because as a retired electrical engineer with out the gasifier this and any plant will not fly this side of 2024.

I hold in anticipation for next year.

Well Andii it would appear to be the case with Eqtec however PHE seem to be starting over again with a test site in Wales. That looks like its following on now. I had hoped that the unique system with PHE was the game changer for Plastic conversion. Now its appears to be back to the drawing board. Cannot answer about the science as I'm a retired electrical engineer with construction experience not a member of the white coat brigade. What I do know is these projects take time to materialise and always show losses in the early stages. If your looking to turn a penny share into tuppence quickly best to try the favourite in the 2000 guineas at Newmarket.

This looks like my other share holding in PHE now has major competitor with working gasification plants here.
Expansion of variable feedstock capabilities, including successful tests of plastics and polymers contaminated with fossil fuels and other chemicals that cannot be burned or put into landfill, and successful testing of high-humidity RDF (refuse-derived fuel).

Croc, How about the news that the Banks have agreed the refinance of the Italian plant from the 6th May results day. Hence the reason results were put back until then. On the plus point many plants in progress here with at least an asset value. Whereas my other share holding in PHE has no sign of a working plant this side of two years.

United H2 is an investment unicorn that hopes to attract investors so they can support up to 27 different Hydrogen producers of cars airplanes boats and possibly National H2 that intends to build up to 4 plastic plants in Australia. Even they will not be up and running until 2024 so don't get to carried away with the figures of up to 240 plants in the APAC area. Lots of H2 producers all chasing the same investment dollar's at the moment. PHE could be the supplier of the Tech if only we had a working TCC to show at a commercial level.

Castle I believe that you will find that these are the Nominee account holders for shareholders. I have my shares lodged with both HL and Halifax. Plus my HL funds do not show any form of PHE shares in their funds breakdown.

No JV as far as I can see Doc
Only the following
Collaboration Agreement dated 9 August 2019 made between (1) Peel Environmental Limited (2) Waste2Tricity Limited (3) Waste2Tricity (Protos) Limited and (4) Powerhouse Energy Group Plc as amended by a letter dated 29 October 2021 - this agreement has been extended until 31 March 2023.



The Collaboration Agreement was signed in August 2019 and establishes the formal relationship between PHE and Peel to develop a project using PHE's DMG Technology on the Protos site. It commits the counterparties to seeking funding for the initial development and working together on 10 further projects. It also commits the counterparties to exclusivity and "non-compete" and mutual confidentiality during the Collaboration Period.

I believe that this may answer your other question Foxy
The 1.1 MWe plant, located in Gallina, near Castiglione d’Orcia, Tuscany, Italy had already commissioned gasification and biochar production capabilities in January 2023. On 8th March 2023, following commissioning of the Jenbacher 612 engine, the Plant exported its first electricity to the national power grid.

EQTEC is now working to complete its work and hand over full operations of Italia MDC to the operations team.

Italia MDC is pursuing refinance of the plant asset by an Italian bank. The technical advisor to the bank visited the plant in March to complete a technical survey. EQTEC expects that a funding agreement with the bank will be completed during Q2 2023.

Foxy It depends what time on a Friday they are released. 7 am in the morning gives you a day to act on the results. Late afternoon gives you a weekend to think about the results. Only politicians use other events to mask news from appearing on the front of tabloid newspapers. Hardly a news worthy story for the main tabloids front page is EQTEC results.

That's good to hear. Now, how about PHE talking to the other leaseholders of plots 3,4,5,9A,13 and even Plot 8 with the view of creating a consortium to build the plots 10A, 11, and 12. Waste input and sorting offices. After all its no good having plants without feed stocks. Come on KR you have a lifetime in waste management put those skills to use here.

Just to spread any risk. Both look good and one or the other has a chance of producing profits sooner than later . Not good to have all your eggs in one basket as the saying goes.

Re your post on the PHE board. Suggest that you match your shares with HUI to those of EQTEC. its not financial advice just common sense. I'm in both PHE and equally Eqtec.

Excellent link for genuine share holders to watch. Thank you. MJA

If you look again it was a 3 million sale that was deleted then re set as a 3 million sale. I have a post that will question what is going on with the Wales setup in relation to which way the company is now going. But not until an RNS explanation yet to give details of the forthcoming extended peel question. Hi Plantdad what do you want for dinner tonight as we are being accused of being one and the same by Numb nuts.

Perhaps this news from the HUI RNS is relevant as its about PHE joint venture.
Hydrogen Utopia International PLC - London-based company specialising in turning non-recyclable mixed waste plastic into hydrogen and other carbon-free fuels, new materials or distributed renewable heat - Appoints WS Atkins Ireland Ltd as planning and environmental consultants for its planned waste plastic to hydrogen facility site in County Longford, Ireland. Expects plans for site to cost around EUR100,000. Also expects to benefit from EU Just Transition Fund in the next few years, envisaging around EUR169 million in funding to be rolled out across the Irish Midlands. This is due to its location and Longford being "heavily affected by the winding down of the labour-intensive peat industry and transition to a green and circular economy".

I'm in Jiffy.

Croc I would expect that you will taking an interest for a very long time in the future judging by the statement :-
"The Company expects financial close for the Project to occur in the second half of 2024 with the Plant completing construction and commissioning by early 2026, for live operation in the first half of 2026."
Its probably still on the drawing board and nothing more to add at this moment in time.

Sorry C909 but how would my son making a hash of his personal finances cause him to be unemployed? Only a mess up of a legal contract could do that. My post was purely in relation to your statement that the CFO had an inflated wage. I don't see that to be the case. If the BOD consider the CFO to be incompetent in his job then I would expect them to remove him. Perhaps time will tell. On the other hand if you would like to put yourself into his position and assuming you have the necessary accounting skills. I'm sure that other shareholders along with me would vote you in.

K2 The straight answer to that is no it will not happen. Centrica will just move off shore along with Shell and BP. EDF is French owned anyway along with EON German owned and I believe SSE is Spanish. Plus the 4 biggest fossil fuel providers are all US companies. Which basically leaves the government with only the retail outlets to takeover. And look at the mess Bulb cost the taxpayers when they were effectually taken on as nobody wanted the company.

Thanks for the information C909
Simply wall street lists….
DP - €290K
Idiot CFO - €142k
JVL - €354K
YA - €244K
So a little over €1M a year for these four.
or £800k for all four with the CFO on £126K for a Finance officer and Company secretary
Christ my own son an M&A lawyer is on £150K a year plus bonus and he doesn't have half the responsibility of a CFO and Company secretary.
Seems reasonable so far.