RE: Swazers, CastlePaul16 Jun 2025 14:13
One other thing I'll add, is when someone does raise a point, like Ballymena and Wrightbus, no one has anything to say about it.
The project fell behind, but has caught up, what was behind, what has been done, what do Wrightbus think, where is their hydrogen coming from now?
The directors say nothing, which usually means it's not good. That site can't progress without HUI, as it's a 50/50 deal. If HUI want to delay it, because their mans hours are needed elsewhere, I'm not sure PHE can do anything.
It might seem HUI are strangling PHE, but refer back to the comment 'if PHE want our technology, they will have to pay for it like everyone else' - I said at the time, that doesn't sound good.
Wouldn't be surprised if HUI acquire PHE at a price significantly lower than it is now, once the OO deal is complete, if they are even interested in it anymore??