The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
A JCB engineer describes how they have overcome the NOX problem in their hydrogen IC engine. Starting at 11m20s.
https://www.google.com/search?client=safari&rls=en&q=JCB+and+hydrogen+internal+combustion+engine&ie=UTF-8&oe=UTF-8#fpstate=ive&vld=cid:a1881350,vid:jxtxZY45RMM
Now I could be wrong of course, but I'm thinking that today's drop in SP could be due to (among other things) a combination of expectations and impatience on the part of some shareholders. Expectations, meaning that some were undoubtedly expecting, or hoping for, an announcement of substantial sales / revenue in the next few months, and certainly by the ent of this calendar year if not financial year at the end of October. As it turned out, it seems that although considerable progress has been made and continues to be made, we will have to wait a little longer for the substantial sales and revenue to materialise.
And that's where the impatience comes in. I reckon that a substantial number of punters with expectations dashed, have now turned away in search of greener grass elsewhere, in the hope of finding quicker returns. Well good luck with that! I imagine their exodus will not last very long, and that they will all be gone in a week two, which will give long term investors another opportunity to top up at a lower price.
I have to admit that I wish I hadn't bought so many several years ago at a much higher price, but we are where we are and following the presentation I am very please with progress, and very confident that in one or two years the SP will surpass my current average price by a considerable multiple.
All IMHO of course!
Keith Riley Interiew with Zak Mir:
https://zakmir.com/zakstraderscafe-interview-keith-riley-acting-ceo-powerhouse-energy/#gs.x38k26
I wonder if the reran for the fall in the SP is because punters are afraid that there may be a placing to cover the capex for the Protos DMG? The market always seems to get nervous about placings, which of course makes the drop in the SP become self-fulfilling.
Just a thought. Not a move that I'm promoting!
I'm not sure I could even begin to hazard a guess on that one, cureboy, but I'm prepared to bet that at the end of this month, in about a week and a half, we will know a) the outcome of Peel's UK exclusivity option and b) the arrangement between Peel and PHE regarding the SPV for the Protos DMG on Plot 10B. Which means we will know if PHE is going to take over the FOAK 100%. I'm expecting excitimg news in just over a week from now, let's hope I'm not disappointed!