Member Info for nefabeta01

Whereas of course you still live off your Mum's...and no doubt at your Mum's.

Mr Rees you need to get on to all those silly shareholders - they've upped the SP on a Reach again
even tho' you've told them that Reach isn't Price Sensitive! If only they listened to you!

Strange the SP went up on the 22nd Feb then.

See RNS 22nd Feb Re: AVNET

Ah and 8 out of 10 cats all prefer whiskers....do the other two prefer Lesley Judd? (Half Man Half Biscuit)

Kevlovesputtingthewindupme It says, "alongside the Plastic to Hydrogen facility and?PET?plastic?recycling facility,?which already have planning consent". Phew!

The 2 years refers ONLY to "planning application for further facilities at the Plastic Park ..... Alongside the Plastic to Hydrogen facility."

So the addition of various additional recycling facilities (MRF, PRF1)and a Hydrogen fuel station etc not the PHE Facility.

Phew!

From todays Telegraph

https://www.telegraph.co.uk/technology/2021/12/24/tech-sector-looks-stateside-stuffy-city-struggles-win-listings/

bye by LSE -Howdy OTC :)

viable - try £1.54 from Oct'20 - it dropped from over £2 and I jumped in and caught the falling samurai sword!

Every day brings a new 52 week low recently. Won't be long before we see a Market Cap of 1 x Revenue at this rate! I'd buy it myself if the Halifax wold lend me the money!

Not at all - I don't listen to rampers, derampers or people with no interest in the company.
FWIW I have bought Tern from 8p lowest to 27p highest SP. My current weighted average is 19p so yes heavily underwater I'm sure you'll be pleased to hear. I won't be selling any tho' as I am in the fortunate position of being able to sit on them and wait for however long it takes.

Nobody but you feels mislead by kadavul simply printing a list!
Sorry if it doesn't fit in with your motives.

"Trying doing some research into your investment".
....Try speaking english.

Well Al did persuade PI's and Insti's that Tern shares were worth a placing cost of 18.8p (discounted by 15.5%) at the last funding round. So not just us PI's who believed the SP was fair at that time. I still think this is way oversold and being driven by other factors than prospects and fundamentals but wtf - I managed to get some more at a price I didn't think we'd say again.

You're not even invested here so that makes you an absolute c**t coming on here laughing at other people's misfortune.
Told you so, told you so - you childish little knob.

No evidence of Tern Investment on Lucid's Co's House returns nor Tern's. I suspect Franky is simply an idiot.

Clearly you have never sold a company - I have. If you keep reverting to NAV you just show yourself to be a fool.

I'm not unhappy with the deal all things considered. I posted yesterday that I thought a sale was already in process and that it would be a partial purchase with further payments based on Revenue milestones. I'd hoped both the percentage and price would be greater of course but re-reading the RNS has calmed my nerves a little. A few things I can think of -
i) RNS Figures (14.8M) show that the DA book value has risen c.15% since end of June - so a decent annualised growth rate.
ii) The growth is likely to accelerate with Venafi and Thomas Bravo behind the company.
iii) following on from accelerating growth - normally further investment OR sale would be at a higher price assuming Revenue or growth targets are achieved (although none of us know what has been agreed in the rubric of the deal).
iv) The Capital Structure change both simplifies the share structure making a company sale easier and also gives shareholders a bigger stake in a sale of DA (ironically a bigger stake that's worth less after todays SP movement).
v ) No more DA funding for at least a year.
vi ) No warrants are exercisable until DA is sold for over $50M so the new structure dictates a minimum of 36% further growth before warrants can be activated and I'm sure all warrant holders and signatories to the deal anticipate that being easily achieved to put them in the money.

As kat' pointed out the deal will be at a deep discount and Venafi won't anticipate losing a cent on it so I'm not selling up as I believe this is now oversold and I expect SP recovery by early in 2022 and fast growth of not just DA but also Wyld, FVR and INVMA during next year.

Expectations need to be lowered but this is still a share I believe will show great growth next year - just not a 10 bagger early retirement type growth..

These are Convertible Loan Notes ie they will be converted into Shares on a sale or IPO - why would TERN want them paid back in cash when they may become more valuable if converted to DA shares shortly before a Sale or IPO?

Might be wrong I personally believe a partial sale is already in process of c.20% (approx the same percentage as the recently deferred shares). Full price will be dependent on DA hitting revenue milestones over the coming months.

....and it's not 2 years away - HUI say mid 2022 so circa 9 months.

COP26: Powerhouse Energy, HUI target lowest-cost hydrogen from waste plastic with Linde deal
Author James Burgess
Editor James Leech
Commodity Coal, Electric Power, Energy Transition, Natural Gas, Metals, Petrochemicals
HIGHLIGHTS
Targeting Eur1.50/kg hydrogen as byproduct

Turns waste plastic to syngas via pyrolysis

Modular system to produce 1,000 mt/year hydrogen

Powerhouse Energy and Hydrogen Utopia International plan to bring low-cost hydrogen and syngas to industrial gas customers in Europe using waste plastics as a feedstock, signing an agreement with industrial gas and chemicals company Linde at the UN Climate Change Conference.

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Register Now Linde has signed a framework agreement with HUI to use the plastic waste-to-hydrogen technology across Europe, starting with a plant in Poland, HUI said in a statement Nov. 12.
The modular system converts waste plastic at high temperatures to syngas and hydrogen through pyrolysis and cracking of hydrocarbon chains into gases.

Linde Engineering will supply the technology to clean the syngas and extract and process the hydrogen, while HUI will build the waste-to-hydrogen system, HUI said. The project is subject to EU funding approval from the Just Transition Fund.

Each unit is can process 40 mt/day of waste plastic that can't be recycled, producing 14,500 mt/year of syngas and 1,000 mt/year of hydrogen.

HUI has an agreement with Powerhouse to develop the technology in Europe, outside of the UK.

Under the Linde deal, Linde Engineering has a five-year exclusivity option to supply HUI plants in Poland, Hungary and Greece, where HUI has the exclusive rights to the Powerhouse DMG system.

"We're talking with Linde at Eur3/kg ($3.50/kg)" for hydrogen supply without opex subsidy, Howard White, adviser to Hydrogen Utopia on behalf of Powerhouse Energy, told S&P Global Platts in an interview Nov. 11.

"If we wanted to drop the price of hydrogen to Eur2/kg or Eur1.50/kg, we could," he said.

S&P Global Platts assessed the cost of producing renewable hydrogen via alkaline electrolysis in Europe at Eur10.14/kg ($11.60/kg) Nov. 11 (Netherlands, including capex), based on month-ahead power prices, though prices based on power purchase agreements are much lower.

Blue hydrogen production by steam methane reforming (including carbon, CCS and capex) was assessed at Eur5.03/kg.

Soaring feedstock power and gas prices have pushed calculated hydrogen production costs dramatically higher in recent weeks, though anticipated production costs for green hydrogen are significantly lower based on falling costs of renewable power generation.

Flexible system
The Powerhouse system has advantages over other low-carbon hydrogen production pathways, White said.

"Our intention is to create the lowest-cost hydrogen available," he said. "The technology enables this because the hydrogen is act