Member Info for Piemaker

Shame all we got was another 3 moths slippage

https://twitter.com/stocktrader1_0/status/1446878609810014212?s=21

Marketing has stepped up a gear, which is no surprise. Looking like 2nd half turnover could be as high as 15 times first half. They have benefited from regulatory positioning, and are ready to capitalise.

Great thread

PEEL NRE also have an exclusivity option for the UK, as part of the Collaboration agreement.
I believe the CEO hire is just about complete (From a status change on LinkedIn, which was reversed 20 minutes later), but we will see.
The targeted Hydrogen price of £8 per kg is in line with today’s pricing, with the other positive byproducts, the tech benchmark has made it a lot easier to value on paper.
And if they receive the same subsidies as DraX (classed as carbon neutral, it’s not) the profits are frightening, just from the UK. Although the real money would be with whoever was licensing the unit.

Following on from their solid marketing campaign, and picking up a shed load of Chinese business, full year is going to surprise a lot of peeps.

Mode are benefiting from the Chinese clamp down on wealth chips.
Bought Vela off the back of Mode last year.

I prefer Ledzeps perspective, as a corporate recruiter.
They will only appoint internally if their initial prospect is a No.
So if they appoint internally I would expect it to be interim and be a negative.
Time will tell

The lost year - Operational 2023 - a line in the sand

My guess is it’s 2 semi connected people buying just below the declarble threshold.
Either part of a nice profit take, or part of a takeover?
9m for a potential 20m asset.

Does anyone know who Vela’s institutional investor is?
Been watching as the holding has increased from 0.3 to 0.7 over the last 3 months.

Although looking at the value of the shares they are capped at a penny each, won’t mind that.
The wet season is just about over, so should be an interesting 6 months.

Good thread, have to confess didn’t know anything about Vela or the Arcadia trial, when I bought in last year, off the back of MODE.

Gerry Madden anyone?

Having a pipeline shows belief in the product and it’s commercials.
Still expect some price turmoil until the day traders move on, this is a long term hold, although there is opportunities during this period of volatility, depending on your attitude to risk.

The process is targeted at specific sector of waste, with low recycling values, due to cost and low return.
You’re correct there are other options, some that are operational. None however provide the scale ability or energy recovery levels of the PHE system.
The only question is when to buy?
I think there will be a five year period on cash burn, and at least 10 years before any cash is returned to shareholders (with the exception of preferential shares).
The story here will be how many projects are reported, how frequently, and of course Protos.
Realistically I don’t expect them to commission the first plant until 23/24. Comparing Eqtech’s projects and timelines, most slippage is because of third parties. So PHE can be as on point as possible, but they haven’t sufficient influence to drive the process within the current SPV/JV sphere. Most infrastructure projects involve SPV/JV frameworks, hence my thoughts on time line.
I have 10k on this at 3.12 average, and will wait out my 10 years.

Contracts won’t be exchanged until after financial close. Then we should know more, hopefully?

Now we have a time line, still think there will be a further dilution in the next 18 months, as their runway is tight for 23, with no income stream.

Relax, it’s only money and time.
Build won’t start on the new site until September, should see site management arriving end August.
Based on job boards attached to the site contractor posted on chat videos, and there ramp up in the local postcode.
Completion of the internal works, that’s the billion dollar question?

About time.