Member Info for Piltick

OK, thanks IWANT.

This might be of some use.
https://twitter.com/AFCEnergy?lang=en

Thanks for that muscorum. Yes I certainly understand what you say about producing hydrogen from sewage, which will stop the methane going into the atmosphere, and of course methane is very much more harmful than CO2. But he may be right about the problems with producing hydrogen from natural gas. Pity if that's the case as it sounded like a win-win situation for the oil companies and also the hydrogen community!

Very interesting piece, statement by CEO of ITM.
'Governments are being 'sold a pup on blue hydrogen from methane’
So perhaps Hydrogen from natural gas isn't as feasible as some are making out.
https://www.rechargenews.com/transition/governments-are-being-sold-a-pup-on-blue-hydrogen-from-methane-/2-1-756185

Iwant: Was that Hummingbird by any chance?

Here's the link showing the date for the DMG to go to the planning committee on 3rd March:
https://pa.cheshirewestandchester.gov.uk/online-applications/applicationDetails.do?activeTab=dates&keyVal=PY18AUTELF400

Well, I'll be damned!

Lurcon, I seem to recall that it was submitted on 18th September, and it's going before the planning committee on Tuesday 3rd March.

Indeed telephoneman. That's how I see it.

My recollection FWIW is roughly 9 months for the build plus 3 months for commissioning and testing before full production. Could be wrong of course.

Telephoneman, the press release certainly seems to say just that i.e. final 6 I 2021 which would imply the initial 5 prior to that. But as Gadams says, that seems too fast. I certainly take that with a large doze of salt! I can't really believe that they will be building more than one in 2020 because they will want to see how that goes and iron out any teething troubles with the first one. After all, it is FOAK and prototype commercial unit. Then possibly the other 4 in 2021 followed by the other 6 in 2022.

But if they can do 5 this year and 6 next year then I will be more than delighted, along with everyone else I'm sure!

Yes, but presumably RR cars don't use RR aero engines in their cars?

volume 157 Million so far today just after noon.

Seems like a good plan reece!

When considering MCAP, it's worth bearing in mind that after the merger with W2T there will be 3,200 million shares in issue, so if the SP is the same as it is now at around 1.7p then the MCAP would be £54 million.

The current MCAP of PHE tonight is £26M. If the SP were to remain the same as tonight then after issuing a further 66% of PHE shares for the takeover of W2T, the MCAP of the new enlarged PHE-W2T company would be £41.6M.

Just an observation, nothing more!

I like your analogy Notes although your dog might disagree with me!

Oil companies only pump oil out of the ground because there is demand for it and because they can sell it at a profit. If they all suddenly went green and stopped pumping out the oil we would all be in the ****.

Oil companies realise that the writing is on the wall for them and that they need to get themselves into a position where they can produce green something-or-other to replace the black stuff as demand tapers off for the product that they are producing currently. When demand stops and they can't sell it, they will have to stop pumping it out. In the meantime they will be looking to build up an interest in renewable energy and hydrogen and anything else that will ultimately replace fossil fuels. Watch for them setting up new "Renewable Energy" divisions and buying up small innovative companies.

Of course it seems that natural gas may continue to be produced if it can be used to produce hydrogen without emitting greenhouse gases and other toxic emissions.

I think one of the main points that we sometimes tend to forget on this board is that AFC are not trying to sell to the general public, so they require a different kind of PR and media coverage than we might be looking for. For example, at the roadshow today (or perhaps it was yesterday) they had selected and invited 100 people to the show. Presumably these were specific people that they wanted to be able to spend time with and have meaningful discussions with, rather than hoards of the general public who might have turned up out of interest but without any intentions of ever buying anything.

I believe that all along AFC have been focussing on the type of people, companies and organisations that they believe they have the potential to do business with. Communicating clearly with their shareholders and the financial markets is of course very important, and they don't always do that very well, but I believe that their main thrust is to get the attention of potential customers.

Certainly didn't expect this today!

Volume already over 71 million at noon today.