Member Info for stokey12

Kenny100 - Thanks for this it is the one I had in mind.

Wolveshaveeyes - In relation to your 23.10 post I think that Peel already have first rights as I recall a RNS stating that there is an agreement with a customer that they would provide £500,000 in exchange for being given priority in ordering units. The customer was never named. I will be corrected if I am wrong on the details. If that is correct then none of the waste management companies will get an advantage as they would all have to wait for the Peel order to be filled first.

sharesport - in relation to your 17.18 post can you please confirm what it refers to.

rooky/Desertwolfch - In your experience would a EPC wrap resolve the issue which has exercised 98889. I think there was talk of such a thing being done.

Tatty99 - In relation to your 16.17 post I did discuss tyres with the commercial manager at PHE hen I was at theinvestors show earlier in the year. The issue is finding a development partner interested in recycling the tyres. Interest in using the DMG technology to get rid of the tyres needs to be generated. There is one large tyre dumpwhere the council is willing to pay somebody to take the tyres. The question is where to put them.

98889 - You have previously said that no insurance company will provide insurance unless 8000 hours of trouble free use. In order for me to do what you suggested in your 11.12 post I need to know what type of insurance I am searching for.

98889 - In relation to your 11.12 post can you please clarify the type of insurance you are referring to is it product insurance or project finance insurance or anoter type of insurance?

98889 - What DR's experience is is relevant as it goes to whether what I say is credible. I rely on what he says to inform my views that is quite reasonable as I cannot be expected to have knowledge of every area. I was at the AGM so I was able to judge whether DR is trustworthy from listening to him.

98889 - My comment in my 08.48 post about waste management companies not waiting for the completion of 8000 hours of trouble free operation is based on comments made by DR who is an engineer with 35 years of experience in the field.

Wolveshaveeyes - In relation to your 21.57 post of yesterday I checked my notes of the AGM and in answer to my question DR gave a breakdown of the 24 domestic customers. 8 were described as blue chip recyclers and 6 were described as independent recyclers. That means that the majority of the domestic customers are likely to be waste management companies. It would seem therefore that the waste management companies would prefer to be custmers than investors. The most likely reason for preferring to be a customer is the approximate one third saving they will make on landfill charges.

I would disagree with 98889's 07.07 post I do not think they will wait for this 8000 hours of trouble free operation before ordering DMG units as the cost savings to them are likely to offset the risk of the DMG unit not working as promised.

Piltick - further to my post of 14.42 this is the link to the consultation document if you see any reference to a criteria relating to cost of production to qualify for a subsidy let me know.

Piltick - You have to remember that this is the british government and therefore they are likely to have asystem that says if you produce a we will give you b. The fact that you do not need b is irrelevant you would be entitled to it because you are producing a

98889 - Thank you for your 13.43 post. In answer to your scenario as I understand all the models certainly as they are relevant to PHE any subsidy is likely to be in the form as a guaranteed price for either the fuel or the hydrogen or both. This would be to stimulate the market and cover additional cost. In relation to the power generated it might take the form of a price at or slightly above the current market price.

LongTerm74 thanks for your 11.11 post so if a customer did not want electricity or less of it a nd more hydrogen then the DMG would have to be configured to create enough electricity to run it with the rest being diverted into hydrogen production. I am sure that either DR said or I read that the amount of electricity and hydrogen produced is controlled by a control box that is sealed.

98889 - Further to your 10.38 post whether a power only DMG unit will generate less income than a Hydrogen and power DMG unit delends on a number of factors including the cost per MW compared to the cost per KG of hydrogen. There is currently a consultation out from BEIS which is looking at business models for CCUS businesses. So it would seem that in a few years we might see a subsidised price for production of decarbonised electricity and hydrogen production. If that is the case this might also affect the relative price difference between the two.

Another question which has puzzled me is that a DMG unit can be power only or power and hydrogen. But can it be hydrogen only? I cannot think of a logical reason why not but then I have problems changing a light bulb.

that should have read 'give the rest of us a rest from your boring negativity.'

Yellowf1 - Why do you not check back in three years time and give the rest of us from your boring negativity which is not even based on facts.

Tatty99 - On the bright side it would give you more shares when you topup which I wou,d be looking to do after my trip to Manchester at the beginning of next month. I do not see much chance of a recovery in the share price until we get some more news and I am not expecting any till the end of September

Piltick/Longterm74 - Thank you both for your answers do either of you know are the power figures the amount produced in an hour or in a day so that the figure would have to be multiplied by 24