Member Info for petertee

at the close = 4.88-5.01

Expect these shares to slide back (gradually) to 2.40p
but there is no hurry, as the earliest drilling on the Heron
project will start would be April 2021

Hope the feud between Mongolian Government and
local council will get resolved - sooner rather than later

The P+D appears to be over (if that is what it was)
and the SP is heading back to 2.40p
while we await the postponed meeting to be
re-scheduled (probably looking at January
at the earliest) Then the remaining steps
towards to issuance of the EL have to be
ironed out - so we can get moving by April
on Heron-1 and drilling the other Heron
prospects in Q2 2021 (after funding has
been secured)

postponement of the meeting until such time as lockdown restrictions are eased

Yellow - my sense of humour - guess you missed that
Obviously nothing to do with PHE
( but has powerthouse in the title)

Just bought more @ 2.457
As they say ' put your money where your mouth is'
Cheap at this price - imho

Powerhouse Energy Group plc (AIM: PHE), the UK technology company pioneering hydrogen production from waste plastic, will hold its Annual General Meeting (AGM) at 11.30am today. At the meeting, Tim Yeo, Chairman, will make the following statement:

“In the past year Powerhouse has been transformed. The recent successful fundraise has given us a strong financial base for building our first commercial scale plant at Protos under the wing of our UK development partner Peel.

Once construction at Protos begins we will intensify our engagement with international partners to help us deliver DMG technology in overseas markets. Many countries face an urgent and growing problem of plastic waste. Demand for distributed sources of hydrogen and electricity is increasing. Powerhouse has the answer to all these needs.

Today we are delighted to welcome our new director, Kirsty Gogan. Kirsty is managing partner of LucidCatalyst and was Co-founder of Energy for Humanity, organisations which are both focused on decarbonisation of the energy industry. Her experience, skills and reputation will greatly strengthen our communications with governments, regulators and consumers both in the UK and abroad.

I am also pleased to report that Peel is expected to soon announce the next two sites for which planning applications will be submitted for the construction of the second and third DMG plants in the UK. Coupled with Peel's £1 million investment in Powerhouse, this is a clear sign of confidence in our future.

I have campaigned for greater protection of the environment on land and sea and for a faster switch to a low carbon economy ever since I served three decades ago as an environment minister. I am therefore excited and extremely enthusiastic about my new role as your Chairman.

I am confident that Powerhouse’s prospects have never been better. With the help of our executive team under David Ryan and our strengthened board of directors I will do all I can to ensure that, while placing sustainability at the heart of everything we do, we deliver a highly profitable business for the benefit of all shareholders.”

A strategic and operational update presentation and a shareholder questions and answers session will be available to view on the Company’s website at www.powerhouseenergy.net after the AGM.

https://t.co/ofhGflFZeo?amp=1

Have been investing for over 50 years
so I guess I know a bit

As some posters have indicated all these things to take time to implement.
To that end speculate 4p will be achieved early in 2021. and from then on
anything could happen

imho - dyor

yes stokey12 you have a good point
However - I feel that in 2021 it is achievable

sky is the limit for this industry- imho dyor

2.20 - 2.35

good bargain basement price?

Who can say.
Things move slowly in Mongolian government circles so it seems
Hopefully some more news before Christmas

current SP 2.70 - 2.88

Expect 3.5p soon imho dyor

Powerhouse is the future

Will it be a private placement @ 2p
to raise $5 million?
Who can say, but we will certainly need it,
and sooner would be better than later.
in my opinion

It might be a bumpy ride from here till next Spring.

2.315 - 2.37

Holding steady.
Waiting for funding?

Good entry point - or wait longer?

2.2355 - 2.33

1) If MATD just raises $5 million it would be sufficient to get Heron-1 up and running
2) Also enough to drill Heron-1 (which site has already been chosen)
3) Then we are cash-generative
4) Get funds before Christmas would be good

Just my opinion, based on where we are at