Member Info for spawny100

No mine was 16:18:54

No idea but those trades are far from normal for MYN and don't look like random punts so it's hard to avoid thinking that some news has leaked. I may be mad for doing so but I took a small punt here (shows as a sell).

Thanks Podgyted - posted on another forum

John Rosier - Private Investors Diary in Investors Chronicle :-

"I am hoping for great things from RockRose Energy. It is acquiring the North Sea assets of Marathon Oil UK in a deal reminiscent of Serica’s purchase of the BKR assets from BP and Total. In what is a transformational deal, it is paying $140m cash to double its 2P reserves to 70.9mmboe and more than double production to 24,000 barrels oil equivalent per day. When Serica announced its deal in November 2017 the shares were suspended at 28p. When the suspension was lifted 10 days later, they closed at 67p and a few weeks on were above 90p. RockRose’s deal is structured in a similar way, but as it is a reverse takeover the shares will be suspended until the prospectus is published and the deal completes. I understand this could take up to three months. At this stage we do not have the full details, but back-of-the-envelope calculations suggest that RockRose, as a 4.3 per cent holding at suspension, could have a huge positive impact on this year’s JIC Portfolio performance. I need to contain my excitement and not count my chickens. "

Got to be good news for North Sea producers but not heard the BBC on the SNP mention this!

Https://www.scotsman.com/business/management/ineos-to-invest-1bn-in-uk-projects-including-forties-pipeline-1-4880364

I was similarly impatient mytton but it allowed me to build up a reasonable position sub £6 average but as I was doing so I was questioning myself as to why share price was not moving!

Each to their own SON. I'm here because of the very fabourable risk/reward ratio; if you come back 18 months after they have got a commervial unit up and the running the MCap will be magnitudes higher than today. There are enough positive indicators (as opposed to red flags) here lately to make me increase my holding recently.

Interesting link to Hong Kong. Just a coincidence that the rns yesterday incorrectly mentioned the Sunday Examiner (a Hong Kong based paper)? Maybe Keith has Hong Kong on the brain?

I didn't read anything in the Sunday Examiner - it was in the Sunday Express!

I like the "UNWANTED plastic bags could be transformed into clean energy for electric cars under a scheme being unveiled next month."

I think someone has let the cat out of the bag prematurely. I have contacted PHE for some clarification.

And what is with the:

"British company Waste2tricity has patented a method of heating plastic waste, from bags to bottles, in a kiln until it "gasifies" into hydrogen. This can then be used as clean energy, with clean water the only waste product. The Chester-based company has teamed up with Toyota to open 100 new recycling and refuelling stations which can even convert dirty plastic cartons into clean hydrogen fuel for vehicles."

Great writeup in SUnday Express but only mention W2T and no mention whatsoever of powerhouse which seems somewhat out of order?

https://www.express.co.uk/life-style/cars/1065220/cars-plastic-bags-clean-energy-electric-cars

Hi telephoneman. I had a discussion on another forum beginning with ADV recently about how profit would be made from exporting electricity to the grid. My interlocutor seemed to think it would be paid according to Feed in Tariff Scheme but this will certainly not be the case imo. There is no provision for waste gasification to be paid through FiTS and the scheme is being phased out anyway. Interested in your comments about private wire arrangement. Is this something the company has put out some information on or rather what you are thinking will be the route they go?

Keith seems to have made a £100k bet against you sellonnews. We will see.....

Now that is a buy that suggests Keith is confident. That £100k investment of his should effectively shut the derampers up who say he has no skin in the game! Suggests he is betting the house on this!

I'd like to see a system hooked up to the National Grid and confirmation as to what the payment per kWh would be for export of electricity. This seems a logical next step to me.

I agree. I would also like to read the full assesment but, rest assured, there is no way a reputable company like DNV would have not wanted to give the RNS release their stamp of approval before it was released so we can be confident that it reports their findings accurately imo.

MM games this morning hiding buys as sells all morning so far.

...and even that would give PHE a reasonable MCap based on its potential

Indeed I have now come to that conclusion too as there have been similar rns' in the past including this one for £120k (or 6 months of W2T services). So nothing to get excited about yet then probably.

Https://polaris.brighterir.com/public/powerhouse_energy/news/rns/story/rgj45vr

Today's RNS is perhaps interesting. Could the third party that accepted shares as payment for services be the company that has been carrying out the validation I wonder? If so then they must have been impressed to accept shares as payment. We will see.

I'm wondering if someone is somehow sneakily accumulating. Those 3 trades of a million all seemed to go through at 0.45 i.e mid price. Could they be buys at that price?