RE: 10-20x on good news26 Jun 2023 17:19
GoHigh:
" I liked this company by reading their RNS ..."
I assume from that you liked what you read in the RNS ? I'm amazed that anyone can come to that conclusion. Virtually every RNS, for the last 6 or 7 years, has failed to deliver. The Charger, the mCHP, has gone without trace. In its place is another fanciful project which will no doubt suck in more investors for years of development and placings.
As for the Web site, look at the phase 1 WHR system.
Stated is
" The pictures below are stage one of the Waste Heat Recovery (WHR) System, which is a major component in the application for the Volvo Marine engine "
Now anyone can compare what is shown in the photographs with the 2016 video on YouTube and it is obvious that what is shown is the obsolete 2008 Disenco Stirling. This was the mCHP In-spirit were going to commercialise in 2011. That device burns gas, it had an electrical output of 3 kW.
How can this device be the Stirling WHR system for Volvo. Not one person has answered this puzzle. The website also shows Paul Booker sat in front of a screen and you could be led to believe he is toiling away at the design of the Helix Accelerator but don't get carried away! What is shown on the screen is simply an example project built into the Comsol software, a shell and tube heatsink. You can verify all this for yourself with a bit of effort.
I don't believe In-spirit have anything of worth to trial with Volvo and there is more delay and waffle to come.
But you believe the pretty pictures and the story of boundless potential. Perhaps just perhaps you may ponder why institutional investors are not out bidding each other to buy into this miracle !
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