Member Info for Piltick

I think that was a video from last year.

This sounds like good news. Multiple applications.

That's good, jabberba, I certainly hope so.

Extract from the report:
"The new contracts support W2T’s discussions to secure financing for the plant, which are ongoing."
My concern is, how long will it take W2T to secure funding, and indeed will they be able to get funding at all.

This is BIG news! We should really see an improvement in the SP based on this, if the market realises the implications of this announcement.

But I don't see it on PHE's web site.

I hadn't seen this one before. I believe that the Show was on 6th April, although this was posted on YouTube on 29th April.

Does anyone know where we are regarding the submission of the ESIA Report and RAP to the National Environment Management Council by the end of April? Have i missed something?

Perhaps there could be a partnership between AFC and ITM Power. ITM produce hydrogen from renewable energy, and they use that hydrogen to fill hydrogen powered vehicles. Perhaps hydrogen could be stored and used for a dual purpose, filling hydrogen powered cars and also to produce electricity for AFC's chargers, both kinds of supply at the same service stations.

I see a number of posters on this and other BBs making the mistake thinking that this project shows an overall profit of $5M, difference between NPV of $94M and Capex of $89M. Not so. The NPV of $94M indicates that the project would produce additional wealth of $94M for the company, in present value terms. In other words would recover the $89M capex, plus an additional $94M.

Interesting comparison, nevertheless.

Any idea how the hydrogen for these buses is going to be produced - electrolysis using renewable electricity perhaps!

I agree loot. I don't think the BoD as as stupid as some think.

Personally I would expect the NOMAD to earn his/her fees by making sure that the RNSs are accurate, transparent and unambiguous.

In all of the presentations and interviews it has always been said that PHE (or the operator of the DMG system) would receive "gate fees" for accepting the waste, which would be set at a price somewhat less than it would cost them to dispose of it in landfill. I accept that the wording in the RNS should have been better, but it should be apparent to anyone who has been following the development story of this business in the past that the operator of the DMG system is not going to be paying anyone for the feedstock.

Here's a link to Advanced Sustainable Developments' web site:
https://advanced-sd.com

I believe Financial Close means agreeing funding for the project.

https://www.investegate.co.uk/ariana-resources-plc--aau-/rns/arzu-north-drilling-results/201905070700081024Y/

Very interesting article. However, presumably the product still produces the same amount of environmentally unfriendly emissions as normal diesel, because in effect it consists of exactly the same compounds. So although it may help towards the problem of the waste used tyres, it doesn't mitigate air pollution. But PHE's DMG units will do both!

Well done chippyjo. Even 20M shares (5%) should be enough to warrant the BoD engaging with us if we had a specific issue that we wanted to discuss with them.