It has been proven, they’re just debating a misconception. I don’t think this is what we should be worried about, it’s the lack of updates, ceo, financial close…we were suppsed to have those before the AGM
RE: RNS GOV BACKING BIG RECOGNITION # HYDROGEN11 Nov 2022 19:08
And where is the actual financing. So many imaginary projects getting tens/hundreds of millions over nothing, somehow PHE can’t raise 20 mil to get the first one going in 5 years. They can get plenty of money raised for the board to milk their salaries on though
They don’t have a backer. Nobody actually wants to build the damn thing anymore. The news are no reassuring, just a lot of words with zero actual information. It’s a sign of delays/non existence.
It’s a joke of a board meeting followed by a joke of an rns. I had so much faith in the company but clearly Peel doesn’t plan to financially close, probably doesn’t even plan on building the thing. In 5 years all they’ve managed to do is clean around some grass…. What reaction would you expect
This is beyond disappointing! Not only did they not appoint a new CEO or board members, they didn’t do anything at the AGM. Where is the financial closure promised? Where is the new direction for the company promised? I had invested so much in PHE…i have 10 shares bought at 0.08 taking a RIDICULOUS AMOUNT OF LOSS