Member Info for Piltick

I expect PHE will have the shareholders' circular ready to go, so we may even get it tomorrow! Then the EGM in 14 days, so perhaps Friday 20th at a guess.

It was approved in about 5 minutes!!

They seem to have finished item 6
We're on next.

Oh yes, RedT!! Unfortunately I put a substantial amount of that one into my wife's ISA!

operastar: Muscorum posts mostly on the AFC board, and occasionally on here. He used to be BumbleB but left for a short while and then came back with a new name. He is well known on both of these boards as a very well informed poster.

operastar: Actually I'm not claiming that Muscorum is an expert in planning law! I believe he is an environmentalist (a professional, not a protestor! ) and so he knows about the rules that apply to protect wildlife when clearing sites for construction.

Thanks LedZep.

Yes that's correct sharesport, assembly will take place off-site, well up to a point of course. But there will be a lot of ground work to be done, services to be installed, and buildings to construct, so I imagine they will want to make a start as soon as they can. Of course some of the basic site clearance and services may have been done already, we just don't know.

Regarding site clearance I believe that they can go ahead providing they can show that there are no nesting birds present where they will be carrying out the work. I'm sure that Muscorum will be able to clarify.

That's a problem for all commercial vehicles, especially big heavy ones. Weight and range. EVs are fine for towns and cities and short runs, but for large vehicles covering long distances hydrogen/FC is the job!

Horses for courses!

This is just the latest new item, but there have been lots of similar ones:
https://www.insidermedia.com/news/north-west/approval-nears-for-latest-protos-facility

That was August 2017 Anne. A lot of water has passed under the bridge since then!

Anne, I believe the idea of using tyre crumb as feedstock has been gone for quite some time now. The latest plan, as far as I am aware, is to use plastic. Non-recyclable plastic, because to destroy recyclable plastic would cause considerable upset and objections. Of course the plastic will have to be shredded first before entering the gasification chamber.

One benefit of this is that it doesn't matter if the plastic is contaminated i.e. with food scraps etc. because that will be gasified as well.

I believe the decision to use plastic rather than tyre crumb was because of the recent outcry about the damage to the environment, the oceans and the living things within the oceans by plastic waste, and also because it possibly produces more energy and hydrogen than tyres. Of course tyres would have to be shredded and metal removed before entering the gasification chamber, which may be more costly than just shredding plastic.

Anyway, I agree with you that this project (and hence investment) is not risk free, and of course we will not know for sure until, as you say, probably about the end of this year. But I actually have faith in the engineers, scientists and management who have been involved with this for so long, which is why I'm heavily invested here!

Well Sprog, the way that I'm looking at it is this: Assuming planning approval followed swiftly by take-over of W2T, I really can't see a significant drop in the SP simply because that is not going to come as a shock or surprise to anyone, so I would expect that most investors will already have taken up their positions, either way, on that basis.

And on that basis I suppose that if planning is denied I would expect the SP to drop even further than it has so far. But then I really don't expect the planning to be denied, so I don't expect the SP to drop!

I don't usually make predictions on share prices, but I thought I might make an exception on this occasion!

So "plonk and plug", similar to "plug and play" I suppose!

So you were very lucky, Lucky520! You must have a very sharp spade to cut through an armoured electric cable!

Aw!!

Of course like every other PHE investor I'm down massively this week, but I'm still in profit, and sticking with it because I believe that, whatever happens in the next week or so, the SP will be higher in two or three months time than it is today. But I do accept that there is considerable risk at the moment.

muscorum: Initially I believe that the plan is to use the entire syngas to produce electricity through a genset. At a later stage they will employ a PSA system to extract as much purified hydrogen for EV fuel as they can get out of it, and still use a genset to use the remainder of the syngas to produce electricity.

Some of this electricity (perhaps most of it, I don't know) will be required to keep the the DMG system running, i.e. the parasitic element.

Yes stokey, that's exactly my point.