Member Info for mjallen

Can we get off the subject of Political pressure. I suspect that the grid connections are being earmarked for the roll out of small nuclear generators or Centrica's green multimillion pound investments. They may even be old town gas land that Centrica still own. What ever happens the grid has to have a massive investment before you can cut out gas heating of homes.

Vol Sold 166,411,795

Vol Bought 183,337,959

Good and factual appraisal of the AIM market Croc. I tend to liken it to a horse race. My two horses PHE and EQYTEC are still running each day. And as such they still have a chance of winning the 2000 guineas. I do feel sorry for others that have misjudge AIM share trading with investments opportunity's.

Tariq4lyf

That depends if you like a gamble. I just increased my stake by 2006660 and cut my paper loss by £400. As you are on the aim markets and not in the main markets you must be a gambler. For me it was to use up some of the 40K profit on my Centrica shares.

What next, place your bets !!

Vol Sold 36,846,469

Vol Bought 44,851,604

It seems that the market has spoken

And the bet is that C909 and other complainers will at least offload and go elsewhere.

Vol Sold 20,975,029

Vol Bought 29,993,321

Seems to me that you are on the right track Chilting.

EQTEC are specialised engineers and not mass producers of production plants.

You can most certainly lay blame against interest rate and corporation tax rises and building cost inflation. So a pox on the Bank of England and a person called Hunt. And that's from a Tory member. Soon to try Reform party.

As a Centrica shareholder I was wondering if they would be interested in another holding I have in PHE DMG process that can gasifier unrecyclable plastics into gas for electricity generators. It would be very useful if Centrica has grid connections around the country. Plus it has the added advantage of stopping plastic killing off our marine life. Its a touch of going back to the old days of local town gasifier plants using coal as a feedstock.

Has anyone got any views on the subject?

Something for PHE to look at.

https://www.business-live.co.uk/economic-development/plastic-recycling-firm-open-new-27660803 utm_source=businesslive_newsletter&utm_campaign=wales_newsletter2&utm_medium=email

Has anyone taken into account the following from July 13 2022 RNS.

Under the HoTs, it is anticipated that PHE will pay HUI a non-refundable payment of £400,000 in cash, and advance to HUI a loan of £600,000, each in recognition of HUI's contribution to date to the Lanespark Project. It is anticipated that the Lanespark Project, which encompasses a suitable site in an EU Just Transition Fund region, would provide potential access to an investment grade plastic feedstock supplier and the potential to agree offtake for the facility's anticipated hydrogen and syngas outputs.

PHE's participation in JVCo is subject to definitive agreements for the Lanespark Project being entered into and is also conditional upon the current lessee and the freeholder of the site agreeing to provide JVCo with a mutually acceptable ownership interest in the site, which would assist in the ability for Project Lanespark to be financed (the "Title Condition"). HUI is in advanced discussions with the relevant parties to seek to satisfy the Title Condition.

This could have been set aside from the cash account as spoken for. Also there is other Engsolve charge the PHE group for work on a cost basis to possibly cut down tax.

Lots of 2nd guessing here.

But the following says it all.

Keith Riley has stepped down as Acting Chief Executive Officer and as a director of the Company.

Paul Emmitt, the Company's Chief Operating Officer, has agreed to become Acting Chief Executive Officer and it has also been agreed in principle that Mr Riley will continue his relationship with the Company as a consultant.

The term acting shows that neither parties want to be Full time CEO.

KR is best suited at his age to be a consultant tapping into the waste industry contracts and P.E. is best suited to be director of the International PHE company that he holds his directors roll in already for his engineering expertise.

Hi PT, Plot 4 is I believe under development

Occupier: Progressive Energy

Facility: Bio-Substitute Natural Gas (BioSNG) plant

Overview: The £150m plant will use up to 175,000 tonnes of bioresources (including unrecyclable wood) to create renewable gas for up to 1,000 low carbon HGVs and buses each year.

Enviro, The last email I had from them stated that they were looking for angel funding and were looking at taking on possibly Plot 10A the waste sorting plant. They also were expected to to take electric and heating from our plant.

So we still need all the ducks to form an orderly Q to make any further progress.

Personally I don't see anything happening until well into 2024 and after the welsh plant is up and running and showing a fully running three quarter scale commercial process.

My shares remain parked for at least the next year.

Doc, any views on the Special Resolution 14. Changes to the Articles of Association.

Is there any way that if SR 12 is blocked we could inadvertently still lose pre exemption rights by the back door. I cannot see how but it was only a quick look at all the 58 pages.

This question is open to anyone else as well. Please just keep your answers civil and in and adult manner

Thanks Doc nicely explained.

A total of 200,000,000 new Ordinary Shares of 0.5p each in the capital of the Company ("Ordinary Shares") has been placed by TPI at the Issue Price ("Placing Shares") with clients of TPI.

Where does it say clients have taken up those shares. Alkin you even go onto to say(although they probably take a hit if they can't place all the £1m).

After all, any IPO is just a placing on the market and requires buyers to succeed.

So I repeat if you or anyone wants to get in on the act contact TPI.

After all it would only take enough buyers and the placing of 8,000,000,000 shares at .005p to finance the first £40m full scale plant. The BOD has the permission I believe to increase the company shares anyway.

Nice to see your still around Bob not sure what your post meant though. Please enlighten me.

I will go one step further in my last post and paste this statement.

The Company and TPI have entered into a Placing Agreement pursuant to which TPI has agreed, subject to certain conditions, to use its reasonable endeavours to procure subscribers for the Placing Shares at the Issue Price.

Surely if anyone wants to buy in at that price they can. Just call TPI

Too often at the moment we are seeing existing shareholders not being looked after equitably by the BoDs. There is a statutory duty of care which increasingly is being circumvented. Is the FCA asleep at the wheel?

But surely that would have required a rights issue. Whereas the company given those shares for 1 million now can only get paid for its work by selling those shares on the open market or await for a rise in share price to make up for the time expended.

Offers to enlighten me if I am incorrect are welcome. Just keep it civil and act like an adult please.

Scottish engineer William Murdoch first put coal gas to practical use, lighting his house in Cornwall with it in 1792.

Murdoch’s employers, the Birmingham steam engine manufacturers Boulton and Watt, started to build small gas works for large users like factories. The first of these was installed in a cotton mill in Manchester in 1806.

In 1807 a German businessman Frederick Winsor obtained a Royal Charter to build public gas works and the first opened in 1813 in Westminster.

Gas lighting proved so popular that, within 15 years, almost every large town in Britain, as well as major cities in Europe, North America and beyond, had a gas works. The Company which Winsor founded, the Gas Light and Coke Company, continued to supply most of London’s gas until the industry was nationalised in 1949

Considering the size of our DMG plant I fail to see how it could hope to supply this country’s gas central heating boilers without going back 200 years and following the same scale of growth. Best to stick to plastic recycling with electric generation and some small scale Hydrogen production to support feedstock lorries

Does anyone know how much they are looking to refinance the plant for?

Headline in the DM.

The average price paid for motor insurance for the top five most popular car makes has surged by nearly 50 per cent in just one year, we can reveal today.

Now perhaps we can get back to paying dividends again as companies will be balancing their inputs and outgoings again.

Cheers Sufc555

That makes sense to me.

Martin