Member Info for Piltick

PHE receive 20% of the net revenue (after deduction of operating costs) and revenue would presumably include any subsidy received. So I would expect the subsidy to be subject to the 20% calculation like all other revenue.

That's my understanding stokey. So running at a rate of 2.8 MW would produce 67.2 mwh in a 24-hour day, but I may well be corrected by our more technical posters on here!

Here's what David Ryan said in his discussion with Andrew Scott on Proactive on 14 August:

https://www.youtube.com/watch?time_continue=1&v=UhrpIMSC2W0

4m:30s: DR: We'll start at 25 tpd and generate 2.8 megawatts, then we'll move up to 35 tonnes and export maybe 3 / 3.5 megawatts. And then when hydrogen kicks in we can export up to 2 tonnes of hydrogen per day, and obviously the power drops down as hydrogen is exported.

Someone with 30 children, giving them 300 shares each!

OK, thanks Klunk. So they can use ammonia to produce hydrogen which can be used via fuel cells to generate electricity to charge batteries in EVs. Got it!

So the way I understand it, and of course I could have got this wrong, is that if you have ammonia on site, say at a delivery point, then you can use that ammonia either to produce hydrogen to fill up a hydrogen/FC vehicle, or produce hydrogen to charge electricity using a fuel cell to charge up the battery in a EV.

So with ammonia on site, you can provide either hydrogen or electricity, or both!

This is a very interesting and informative link that I picked up from the ADVFN board, posted there by beeezzz. It compares the cost, efficiency etc. of straight EVs v. hydrogen/fuel cell vehicles. A bit lengthy, but in my view worth watching and listening. And it doesn't give the answer that I was expecting!
hTTps://www.youtube.com/watch?v=f7MzFfuNOtY

My understanding is that the battery in a H2/FC vehicle would be much smaller and lighter than in a full EV. Also, I believe the fuel tank in the H2/FC vehicle would contain hydrogen, not ammonia. Presumably the cracker would be at the distribution point?

Mitch, do cars not carry a dangerous flammable liquid in their tanks at the moment?

DW: China probably has a more substantial electric grid system than we have in the UK. Besides, how green is the electricity that the Chinese are charging up their cars with? I imagine most of China's electricity comes from coal.

Yes, I believe that is the case stokey.

Does anyone know what happened to Alan2017? He doesn't seem to have posted anything since 30th June.

That may be the case, stokey, but surely there is no reason why the bulk of the hardware cannot be manufactured on a production line basis.

Thanks jabberba. So this means that W2T are still seeking the funding to cover the capital cost of building the DMG unit.

In his discussion with Andrew Scott on Proactive last Wednesday, David Ryan said "Peel will take an active financial engagement in the first project, the Protos development." Can anyone clarify what this means, exactly. Anyone who attended the AGM may have got a better understanding of the arrangement. Does it mean that Peel intend to put their own cash into a share of the SPV, or does it mean that they will assist W2T to secure the required funding by putting in a good word for them with the financial institutions?

Thanks jgbb123, much appreciated. I'm feeling better already! I really expect things to be looking much better by the end of this year, hopefully sooner.

Bear in mind that the PE ratio is based on Pre-Tax profit, not Revenue, so it won't be so easy to reach Pre-Tax profit of £27M pa. However, when a business is in it's infancy with the prospect of substantial growth in the following years, I would expect the market to be looking at a PE ratio much higher than 10, perhaps 20 or even up to say 25 or 30, which would allow for Pr-Tax profit growth over the years. In that case PHE might need to reach a Pre-Tax profit of say £10M in order to achieve a Market Cap of around £270M.

Pure speculation, of course, I'm not putting that forward as a prophecy!!

Here's the link:
https://www.proactiveinvestors.co.uk/companies/news/900770/powerhouse-energy-has-platform-to-establish-itself-as-a--sustainable-and-profitable-business--900770.html

You're right Gaddams, the share price is not a valid comparison, because it depends on the number of share in issue, but the market cap is. Ceres have a market cap of £270M, against PHE's market cap of £8M. Of course PHE isn't yet in a position where we can use the PE ratio measure, and that will be the meaningful one once we get to that stage.

Has this still got a pulse?