Member Info for Piltick

This is more entertaining than East Enders!

"Would help if the person who took the video could clear things up,if I remember correctlyhe has posted on this board in the past."

He's probably just enjoying the fun reading all this crap. If it was me, I wouldn't bother putting in a post to clear it up!

Just to briefly recap what has been discussed on here on several occasions:

The gasification process itself is totally "green" because no CO2 is released and no CO2 is contained within the syngas (or, as PHE call it, "ecogas".) However, once they strip out the hydrogen either for use as a vehicle fuel, or for use with fuel cells to generate electricity, what is left over is methane (CH4) and carbon monoxide (CO). When this is used as a fuel to generate electricity, or burned, then carbon dioxide (CO2) is produced and released. So in that sense, the entire process is not carbon neutral.

However, KA has stated that in producing one tonne of hydrogen using the DMG process, which presumably includes the use of the remainder of the ecogas to produce electricity, the amount of CO2 produced by the entire process is one-sixteenth of the amount of CO2 that would be produced using steam methane reformation, which is the common process for the manufacture of hydrogen.

So although the PHE process may not be carbon neutral in its entirety, it is substantially more "green" than the alternative processes for the production of hydrogen. Not to mention the tremendous benefit of making plastic waste vanish!

PV doesn't need to canvas for votes just yet, in fact it would be rather pointless right now. The company has to advise us within the next couple of days if there is to be a GM and if so, what date. It is only then that shareholder have to make up their minds which way to vote, and it's only then, or before the GM, that PV needs to try to gather support.

Bear in mind that methane is about 30x more harmful to the atmosphere than CO2, so it's something that we don't want to release into the air. If it's used as a fuel then of course it produces CO2 but that is better than releasing the methane itself.

Of course we may get an RNS to say that there will be no GM, if any of them haven't passed the due diligence test.

All this talk about the waste plastic problems and the growing hydrogen economy isn't going to do PHE any good unless they get a commercial DMG unit up and running. Progress in that direction is what I want to hear about.

Yes I agree - that comma, is very irritating!

So, are fule cells something else that AFC are involved with?

Two questions in my mind, can it be scaled up to produce hydrogen on a large-scale commercial basis, and how much would the hydrogen cost to produce, per kg. Of course these are also the two main considerations for PHE.

The only ways that the govt. can think to solve the plastic problem is to tax it, incinerate it, landfill it, or send it to the Far East. Anything else scrambles their brains.

Perhaps they are unable to understand it? If it was a revolutionary design of windmill, they would be all over it!

Hardly surprising considering all of the negative bollox that's been going on on this BB.

Could be someone who just needs the money for some personal reason or who has had a personal crisis. Most of the holders are "nominees" so can't really tell who the shareholders are, apart from YA, Rnewme, and Paul Warwick. I'm fairly certain it won't be Warwick selling, but possibly YA or Renewme.

They're still at it, another £20k worth dumped this morning. This is clearly a big holder either reducing or getting out. Perhaps a distressed seller.

I'm not convinced, stokey. There were about half a dozen very big sales in round figures, looked to me very much like a large holder dumping. We should see in a few days if we get notification of someone's change of holding, but chances are we'll get nothing.

The RNS was issued on 10th January, so presumably they received the requisition a day or two prior to that. They have to give notice of the GM within 21 day of receiving he requisition, so about 30th/31st, and must hold the GM within 28 days of giving that. So we should know within a week from now.

They have to give us a date for the GM by 31st January. Not long now.

I agree BumbleB, in my mind there is no suggestion in the RNS that Toyota are or will be involved.

There's no mystery about where the rig is. It can be seen clearly on marinetraffic.com.