Member Info for Piltick

My average cost is 100p!

Dijon:

"Powerhouse is stumbling over paperwork and accidentally plagiarizing someone else's business model"

This is simply not the case. As stated in the RNS dated 6 November the company GetGo Recycling Limited have not produced any explanation or details of their claim against PHE's patent. They have until 6th February to lodge details and if they fail to do so their case will be dismissed automatically. So at this stage no-one knows what they are actually claiming and it seems likely that they have made this claim simply to cause a delay to the installation of PHE's demonstrator, although no idea why they would want to do that.

Apart from Italy, what's happening with all of their other projects? Have any of them worked successfully?

I thought the 33.6M new shares were supposed to be admitted to the stock market today, but I can see no evidence of that happening.

Indeed, it's about showing confidence and commitment, rather than the amount.

Castle, surely Protos is away down the list now. There needs to be a plastics waste management facility on site first before PHE can build a DMG on that site.

Paul Emmitt interview with Proactive Investors 7th December:

https://www.proactiveinvestors.co.uk/companies/news/1035569/powerhouse-calls-for-change-to-low-carbon-hydrogen-rules-of-entry-1035569.html

Testpack go away. You're boring beyond belief.

Castle, you really need to be careful with these speculative predictions.

And it's not a "factory" it's a test centre!

According t the "fundamentals" tab on this BB, today buys are 65 million shares more than sales. And still the SP goes down. Doesn't make sense.

Castle, before they can build a DGM at Protos they need to have a plastics recycling facility on the site to provide them with feedstock of end-of-life plastic. As far as I'm aware there is no such facility there yet.

Bear in mind that it seems GetGo haven't given any reason or explanation to support their claim. Actually I don't think anyone knows what they are actually claiming.

As I understand it PHE's patent isn't about the construction of the "kiln" but it's about the operational process when the system is running to produce syngas. I very much doubt if any of the MDK people would have any knowledge about that aspect.

Interesting that James Meyer left Mitchel Dryers to join GetGo in April this year.

Keith Riley has not "left the Company" but has stepped down as Acting CEO and Director. The RNS stated "Mr Riley will continue his relationship with the Company as a consultant."

I wasn't following him, but I still lost money! Well actually that's not true, because I haven't sold any shares, so I haven't lost anything - yet!

The technology is already working at Thornton Park so all this crap about the tech not working is pure lies and/or mischief.

Mainmane, you really ought to read the RNS that was issued by PHE on 6th October. In that RNS they reported the situation with MDK and also stated: "In the meantime, the Company has lodged a claim for the first payment of £193,000 which was made to MDKL. In addition, PHE has also added a claim for liquidated damages and registered interest in the purchase of the already completed equipment. The Company is in possession of the alloy that was bought by its wholly owned subsidiary Plastics to Hydrogen Number 1 Ltd, for the first commercial scale of the TCC. This had previously been stored at MDKL in Carlisle but was moved earlier this year."

Surely that's clear enough. It's hardly the total disaster that's being peddled here. As the TCC at MDK has been partly built and nearing completion, it would seem fairly reasonable that PHE will be able to come to an arrangement with the liquidator to pay a balance to the liquidator and take the partially completed TC away to be completed elsewhere.

By the way, the alloy that they mention that was previously stored at Carlisle by MDK was intended for the Protos project, not this one.

So we're going to have nuclear energy according to Sir Robert? When are they going to be built?

I think it's got to be some kind of movement or transfer between market makers. If it was a genuine buy or sell it would have moved the SP considerably.