Member Info for Piltick

They still are!

Don't understand why they had to give such a shocking discount.

Excellent bit of research, sharesport, and interesting conclusion.

Shares Investor Evening at Edinburgh, 20th February. PHE are participating:
hTTps://www.sharesoc.org/events/shares-investor-evening-edinburgh-20-february-2019/

Slow and steady is best. We don't want a spike!

As I posted yesterday, the drop yesterday was mainly due to unrealistic expectations. PC did what he said he would do.

Well that is very welcome indeed. Things were getting rather depressing on here recently, so the RNS has cheered me up considerably. So it may take a bit longer to establish the first commercial unit, but that's not really a problem. I don't mind having to wait a bit longer so long as things are progressing.

Thanks Mike, good to learn that.

The BoD are not causing delay deliberately, they are simply waiting on the rig to become available when it finishes its current job with NDEP.

I don't think this is poor information flow at all. It seems to me that this negative reaction and drop in the SP today is due to unreasonable and misguided expectations. It was never suggested that the company would be announcing a signed off-take agreement today. What the RNS on 18 Jan actually said was "and [the company] expects to receive the outcome of the test in the next three weeks..." which was 8th February, so now they have announced the outcome of the test.

The RNS dated 18th January also said "...following which the Company anticipates that a long term off-take agreement with the off-take partner will be reached." Surely no-one expected the signed agreement to happen immediately after the announcement of the outcome of the tests - or did they?

As far as I can see, the company has done exactly what it said it would do. Now we just have to wait for the next bit of news, and in the meantime some investors might regard this as a good opportunity to top up.

Thanks for all of that, Audible. Must say I was hoping for something more positive, but we are where we are!

https://www.investegate.co.uk/strategic-minerals--sml-/rns/redmoor-mineral-resource-update/201902140700039513P/

Sounds good to me. Didn't expect a signed agreement at this stage.

I wish someone would tell us officially that there is some kind of progress!

So no news there, then!

they hadn't screwed up the drill at Brockham. But we are where we are.

What has happened to all of those contacts that W2T were supposed to be working on? Didn't they say that there were 6 potential interested parties that they were progressing? Didn't David Ryan refer to those as well?

Do you know something that you can't tell us, or are you just feeling down because you haven't heard anything?

There must be something positive happening behind the scenes. If we got a reasonably positive RNS telling us what was going on, it just might help the SP.

What happened to the idea of a JV or Special Purpose unit as they are now called? Surely, if they can demonstrate that they have a working model and a viable business model, they should be able to find willing "partners". Isn't that what W2T is supposed to be all about?

Anyway, If they've got a system that definitely works, then if they can't get debt finance from anywhere or JV partners, I'm sure that investors would provide equity through a placing. Even if it meant dilution (again) in the short term, so long as the long term prospects are good.

That's exactly what we need a news update about, Audible, progress on the first commercial working unit. Last year KA said he expected to have the first unit up and running about Q3 2019, so it would be good to know if that is still a realistic target. But to hit that target, there are a number of other things that need to happen very soon, such as the planning permission for the site, the site lease, and contracts for the supply of the feedstock and for the sale of the electricity. These are the things that I would dearly love to get some kind of update on.

Until we get that sort of news, hopefully of a positive nature, i really don't want to read any more about the hydrogen economy expanding at exponential rate. I want to hear about PHE.