Member Info for PHELTH

Not sure how people feel about this slow death of the share price? It reminds me of the times where a company is close to delisting and insiders all sell out leaving PIs to hold their bags and turn off the lights.

Whether you see the current price as a discount, or you're frustrated that it's not aligning with your investment time horizon. Respect yourself and keep things civil. Some of you act like children at times. Move on to a different company and board

It's not a question of whether we can but it's how the DMG is applied for licencing and it is non-recyclable plastics. Feel free to check the Parliamentary Submission made by PHE and the DNV technology assessment report.

Slightly different models as well, in terms of feedstock, we're strictly plastic where they will take just about anything. They're also operating by way of large facilities where we are going down a small modular unit to be more easily deployable.

This should mean we aren't stepping on each others toes just offering different products to suit different client needs and strategy.

I think they're also further ahead than us, which may be a good thing as they can make the market for us to enter into. And it seems they have pretty strong financial backing and the experience to pull it off.

For what it's worth I hope you're correct. And always, has to be respectful. We can't let degeneracy win as the company turns toward commercialisation.

Time will tell. Respectfully I think you're wrong.

Practical reality behind the headlines:

No commercial unit built yet. PHE only has a testing facility (FTU); a full-scale DMG unit for hydrogen production still needs to be constructed.

Estimated cost: Previous 2019 models suggest ~£15m per unit (likely higher now). No confirmed figure released for Ballymena, but expect significant capex.

Who pays? PHE will need to raise project finance. Public backing (via DESNZ) could support costs via grants or subsidies. Partnerships are likely.

Key milestones ahead:

- Finalise FEED and reach Financial Investment Decision

- Secure binding offtake with BSH and partners

- Obtain permits and planning approval

- Build and commission the unit

This LoI is promising, but we’re still in pre-commercial territory.

Days like today are why you don't watch this stock daily. It isn't a day trading stock. If you believe in the credentials then your looking at the derisking taking place (or not) over time. But today is either a buy opportunity if you have the means or a bump in a long road.

Gla

If you're here to massage your "I told you so ego", life is worth more. Move on.

Appreciate that thanks. Hopefully the demo unit comes along in time to attract some business.

"Funding for new green hydrogen projects, coal tip maintenance and Devolution were all confirmed in Chancellor Rachel Reeves budget.

The funding is being provided for 11 new green hydrogen projects across England, Scotland and Wales.

The schemes will be amongst the first commercial scale projects anywhere in the world, including in Bridgend, East Renfrewshire and Barrow-in-Furness."

Anyone know if PHE in Bridgend is exposed to this funding?