Member Info for Rooky

Manabouttown,

Agree re frustrasion, but wee all have our strenths an weeknesses.

As to maffs, they ave allways come very eesy for me, its spelin an gramar that I hav allways ad truble wiff.

Manabouttown,

Your post of 1156 says it all explaining 'thats what I meant, . but when people questioned your maths that
40% of 100 (60/40) is the the same as 66% of 40, you replied as a know all (actually 66% of 40 is 24).

When posters insult other posters, it takes the edge of any serious, sensible comments, so please don't come on here as a newish poster, insulting many who have posted very knowledgeable comments on this thread for years.

When AFC first started to push their fuel cell system, their biggest boast was that it did away with precious metals such as palladium/platinum.
As BumbleB states they have not mentioned much re the present material used, but I would think that they are still down the none precious metal line, as otherwise it would vastly alter the cost base that they were pushing so much.

Presumably they will be keeping W2T staff on at least until they see what contacts they still have in the countries mentioned in the last few posts.
If they are seen to be worthwhile still employing fine, if not the quicker they are outed the better.

As always the wording could be clarified.

Peel are committed to fund the next stage ect, has a totally different meaning to Peel are committed to raise funding for the next stage ect.

Far clearer I suppose would have been the statement, Peel have the funds and are committed to ect.

Re W2T and Asia.

From a press release July 2019.

Waste2Tricity, the exclusive developer in Japan for the Powerhouse Energy (AIM:PHE) DMG plastic
waste to electricity and hydrogen process, has been in talks with the Japanese Ministry of
Economy Trade and Industry (METI) over a long period and can today announce that METI has
formally endorsed the DMG technology as a major component of their distributed hydrogen
strategy in Japan. END

Earlier in the year South Korea is also mentioned.

I accept that an endorsement is not the same or anywhere near a contract, but surely with the push, especially in Asia becoming more and more political, the connections above will soon pay off.

I must add that if David Ryan is calling 'a few shareholders, even with bland comments such as 'only a holding RNS', then that is just not on.

This bit from the RNS is the only semi clear part, ' with rights to markets and developments in-house'.

W2T are almost like a middle man, so with a full buyout, incorporating W2T 100% into 1 entity with PHE it is like unshackling from the restrains of the pace from W2T.

As to confusion.......If you go onto the W2T web site, it opens with the statement

The exclusive developer of the DMG System to turn unrecyclable plastic waste into Hydrogen Road Fuel or Electricity.

If anyone saw that and did not even basically understand the W2T/PHE set-up, they would immediately think it was W2T and not Powerhouse energy that are developing the PHE DMG.

LongTerm74,

Fully agree that's why I have no idea if it will effect the sp or not.

The RNS is almost like a Bletchley Park code, you can read almost anything into it, without coming to a conclusion.
Clarity must surely follow, what this actually means for PHE and costs involved.

Good move, preumably the pricing is right, as this will allow PHE to push things further along instead of waiting for a partner to move,
Also, of course they can push their DMG ahead of competitors in the efw sector.
Not to sure if it will effect the sp much though, but it should.

Just checked the PHE web site.

Feed load is still stated as 25 tons, so when the system is proven re 35 tons it will look even more interesting to companies.

Also although Tyres are made from a polymer (Polybutadiene rubber is a polymer formed from the polymerization of the monomer used in tyre production), it would be better if the word Tyres were used as is the word plastic, as it would be clearer on first view that tyres are a feed stock for PHE's DMG.

Not a moan in any way, just thinking out-loud.

BumbleB,

Thanks for posting the link. I was going to but i understand that the site sometimes removes them
Was probably thinking of a different platform that does that.
Rooky.

The huge problem of ridding the world safely of plastic waste is always in the media and yet the additional problem of the huge tyre dumps appears to be forgotten.

I can see why, giving the problem of plastics minusculeing down to micro plastics and the damage they cause, especially when they seep or are deposited in our oceans and rivers.

Meanwhile waste tyre dumps just get bigger and bigger, with some so huge that they can clearly be seen from space, several in the UK , with one in Lincolnshire containing over 1,000,000 tyres and that is not the biggest in the country.

Some councils are looking at costs of several million pound to get rid of the problem.

Kuwaiti has the worlds largest at over 7,000,000 tyres, just put world tyre dumps into google and see how many massive dumps there are.

We know that tyres are also suitable for feed stock into PHE's DMG system, and once they start to be accepted as a green disposal method, no doubt they will be a sort after solution by councils to solve the tyre dump problem, without transporting the tyers as a DMG can be built on site.

A case of solution going to the problem, not the other way round.

The tyre dump problem is not going to go away and can only get bigger.
2020 and onward is looking very positive indeed for PHE.

Probably right BumbleB, just wondering if it is all clean hydrogen that will be produced, or will there be sufficient dirty residue hydrogen to make it worthwhile.

Quite a while ago now but an AFC/PHE tie-up was often mentioned.

Arthanius, agree that diluting hydrogen from a high purity level to a lower purity level, would be counter productive.

Who's betting, straight into auction.

And as the RNS from PHE mentioning twice the amount of hydrogen being produced as previously mentioned, good news for AFC if they link together to supply big industrial concerns.

Investors will no doubt vote of the disposal of Geocurve which has been holding the company back, the deal looks good as good as they will achieve.

Is my memory correct, in that I thought the last DMG was calculated to process 25 tons of waste per day, it is not mentioned the figure of 35 tons.

3.4 mgw of electricity per day equates to supplying around 2,000 average homes with all electric power required.

Peel is also committed to other sites under consideration, great news.

No wonder the sp has been moving upward lately, just watch todays rise.

The Halfords near me are situated like many such companies, in a fairly large shopping outlet, with a few outlet stores, along with a Mc'Donalds.
Another outlet about 10 miles away is in a huge stores outlet, with multiple stores of all ranges, just the place to put several EV chargers.

I would think that it will become a competition between the different stores, as to where these EV charges are situated and the stores completely surround the parking areas.

Reason being is that if you leave your car on charge you are likely to visit the nearest store first. Of course there will probably EVs scattered around as that would be more practical, as long of course as they have their own electricity supply (AFC system), but I still feel there will be competition as to where the EV's are placed.

Not many EV's around at the moment, but of course the numbers will increase due to the vehicles that will need them, simples.

Just seen on the BBC news that there is a push to none polluting shipping.

It mentioned that there will be strong reluctance for such technology to be accepted.

Did not catch the full reasons, apart from the cost to adapt, but I would think that before adapting, the case of new ships being built with none polluting propulsion is very strong.

Whilst I am aware of a luxury yacht being built with electric propulsion , it will probably be cruise ships before merchant as I think the first cruise ship operator to be able to advertise 'a cruise that produces nil or very low pollution' they will in today's green revolution thinking public, gain customers, therefor others will need to follow.

Once the technology gains momentum in the pleasure shipping business, the merchant industry will inevitably follow.

Massive, world changing technology re green energy is gaining continuing momentum, just hope AFC get a nice big slice.