Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Loads,
I thank you for the effort but I have been over and over every newsletter and statement yet it still does not answer the question. Is the TCC in the process of being manufactured, built, screwed together welded and not just a picture on the drawing board. Or a set of data on a spreadsheet.
Would Alex be able to answer that question.
Loads,
As you are an HUI shareholder any chance you can get Alex to find out the state of production of the TCC I have tried with emails to PHE and M Dryers Ltd but to no avail.
Thank you in anticipation
Powerhouse is a producer of sustainable hydrogen through its licensed technology using plastic and waste.
Keith and Paul. No you are not producers of anything. Please answer our emails. Is M Dryers Ltd building the TCC yet or are you still crunching data. Its a very simple question. And only two more days to go for the March 31 deadline again.
Its amazing how many I caught out with my post. I was taking the P out of the media and the rest of the political commentators. I'm sorry if it was above anyone's level.
Now lets get this right. Liz Truss caused the independent Bank of England to raise the Rate of interest to control inflation which caused a loss of value to the government bonds that the Pension funds were gambling on the markets to enhance the profits of the Pension Funds. Which then went on to destroy the capital integrity of three Banks. One of which was American another was German and the third was Swiss. With the Swiss banks well known for laundering stolen gold and current drug dealers criminal profits.
All I can say is well done, good job Liz. You may not have lasted as long as a lettuce but you certainly had more of an impact than any of your other PMs.
Tatty
It just goes to show that the share price is not the be all of a good or indifferent company.
My favourite has always been Asos the online clothing company.
4p on Aim when they started now trades around the £7 to £10 mark then shot up to £77 during covid lockdown. Even Steve the presenter on the CN business channel couldn't believe it.
Look at the meat on the bones. No meat yet for HUI and PHE plenty for EQTEC.
Now join my email campaign to Paul Emmitt about our TCC assuming you hold shares.
Thanks Leo one down and hopefully many more to go.
I have gone even one step further and made a request to M Dryers Ltd for an update.
If they come back with who's asking.
My reply will be one of the shareholding owners of PHE and hope fully I can add that you all will back my request.
Next port of call is our Partners Peel and HUI.
On a separate note my email to PHE containing the request below has so far not even received a reply.
However until we have an update on the manufacture of the TCC I still have a concern that we are not being completely served by the BOD.
So in that case I have sent the following email request:
"This is a request aimed directly to Paul Emmitt.
Paul, as a retired electrical engineer and PHE investor would it be at all possible to provide an update on the construction of the TCC. To at least give us investors some hope as to its progress so far. Even better would be a photo if any of the TCC to be shown as part of the PHE web site that I could direct other investors to look at. Please do not ignore this request as transparency is a requirement for good investor/BOD relations."
Many thanks Martin J Allen
So I ask all you fellow shareholders would you be kind enough to lend your email request by copying the contents and using my name or if preferred your own to the two contact email address as stated on PHE website. Perhaps then we may get an update.
Thank you all in anticipation.
DJB67 As a subcontractor to both Central and local Government depts., Nuclear Power stations, MOD, NHS etc. Your post is the most sensible statement yet. Proof of the ability financially to carry out any project was an essential part of the contracts that I undertook during my entire working life.
Val this should answer your question as to when.
The Loan Facility Agreement was signed on 11 May 2021, providing the Peel special purpose vehicle for the Protos plastics to hydrogen project (the 'Project') with the ability to draw down funds from PHE up to the sum of £3,800,000. The loan is be repaid on the date of the Final Investment Decision of the project and carries a coupon of 2% above Base Rate. The loan is secured by a step-in on the lease of the Project site. The sums drawn down can only be made against a development cash flow schedule listing prescribed activities and costs related to development of the Project.
TestpacK can you 100 % guarantee that the refuse companies are prepared to separate those unrecyclable plastics from the landfill waste that they are currently using. As no doubt along with my local council. The recyclables plastics and cans are separated out by us householders to be of cost benefit to local councils own reduction in separation costs. It should also be noted that the Plot 10A is destined as a mix waste sorting office and not just for plastics. That would be a far more profitable use from both the municipal waste industry as well as Peels financial input. Secondly where do you propose that sorting is to take place. On the open plot of land next door. That is a complete breach of the planning consents given for the area as it requires all or nothing to avoid cherry picking of the sites.
Val the loan would have been made to Peel NRE for use of the SPV as and when it was required.
Peel NRE are in fact the main single shareholder of the Protos plastic to Hydrogen No1 Ltd company. And as such interest payments would be applicable from them.
Prove me wrong with scientific papers and not by "feelings" or "opinions"
What is that about. I'm not here to prove you of anything . I'm just asking you as an entrepreneurial scientist with two small family businesses in renewable energy what your opinion or thoughts are. Up until that statement you were very informative. Now I find you a pointless.