RE: PHE looking good03 Jun 2022 20:30
Since this was announced on 24th may iI am surprised I have not seen mention of it before today on this board. It is certainly a step in the right direction by PHE. Maybe they have finally got fed up with waiting for Peel to fulfill their obligation to get going on the FOAK DMG. I remember someone said that August was now the announced start date at plot 10b. I have not seen that announced by Peel officially. Can anyone send a link to that? Is it a coincidence that August is also the date for the extension of the loan to Peel as the SPV provider for this to finish? If Peel do not start, then I assume PHE can then withdraw the loan (sorry I can't remember for how much but I think 3-4Mil?) Can this be used for the new "Commercial prototype" at the new GTIC? Wherever that is going to be. What has happened to the rest of the (I think about £11mil )raised by share issue last year? Can this be used, or has it all been frittered away? I assume "early 2023" for the site to be operational means before June 23 ,i.e. 12 months time . That seems a very optimistic prediction considering they have not even selected a site yet. Sure discussions and agreements MAY be going on, but given past predictions, I am not so optimistic. Any thoughts Dr. A?