Member Info for Piltick

This has come out of the blue, and bear in mind that Keith was up for re-election at the AGM, now withdrawn at the last moment. Given that Keith is now in his mid-70s TBH I am more concerned about Keith on this occasion than I am about PHE.

Lots of sellers, and good riddance to them!

I think I know who's the moron!

I think Protos is "on ice" for the moment, and it's not just the construction of PHE's DMG facility that's being delayed over there. Enviroo had hoped to be operational by the summer of 2022, still looking for funding I believe.

Thanks Plantad for the update. That's the Covanta site, now renamed Encyclis. A waste to energy incinerator I believe, which will generate 49MW of electricity. Due to become operational next year (2024).

No connection to PHE's DMG of course, but good to see that something is happening on the Protos Plastic Park.

Thanks MJA.

The Covanta (now named Encyclis) energy from waste facility (incinerator) on Plot 8 is due to become operational next year, but that’s the only facility that I’m aware of that is currently under development.

Does anyone know what, if anything, is going on at the Protos Plastic Park these days? Is there anything happening on any of the sites apart from Covanta? Enviroo was supposed to be operational about the middle of 2022 but as far as I know there has been no site development an no updates. There were plans for several plastics sorting and recycling facilities but I’ve seen no indications of anything being started. Or am I just missing all the action?

Entirely agree!!

Exactly Tatty. Some people just can't see it that way. This is raising funds for a capital project, not for keeping the lights on.

The government could do that already if they had enough oomph!

Have you considered changing your broker?

MCAP is only 14M, surely ought to be higher?

It doesn't really matter where the FOAK is installed, wherever it is it will benefit all of the other potential sites by its very existence!

But I still think it is likely to be at Protos. My main concern is as RoleKing says, as yet there are no facilities at Protos to supply the plastic feedstock, and I'm sure they don't want to truck it in from elsewhere. Looking at the plans of the Protos site, I think the main supplier of the plastic feedstock would be Enviroo who had intended to have their facility operational in 2022, but no sign of any start being made yet. Perhaps their facility and PHE's facility needs to be built at the same time?

As far as the hydrogen refuelling station at Protos is concerned, my feeling is that that is quite some way off still. However, I would hope that there are at least a couple of options available to PHE: First, surely there will other offsite opportunities to sell the hydrogen, perhaps to Element2 who has an MOU with PHE, or secondly to sell the syngas or electricity until such time that the on-0sit hydrogen re-fuelling station materialises.

Anyway, I live in hope that we will hear some good news about Protos and/or about the FOAK in the not-too-distant future!

Does anyone actually believe that the company is ever going to get its hands on this elusive package of diamonds?

I meant "has".

PHE had an MOU with Element2.

No idea, but was that not with HUI rather than PHE?

Ginny, to answer you question we would need to know at what price AFC will be selling each generator. I certainly don't know that, but perhaps someone could suggest a ballpark figure?

An excellent little write-up Southerhay. A good reminder for us all!