Member Info for stokey12

DR has previously stated that he is looking for a cornerstone investor. After yesterday's announcement I am wondering if one is still needed. The agreement with Peel will generate significant income so it is possible that a cornerstone investor is no longr needed.

Greggreen - In relation to your 17.56 post from yesterday. I do not believe that we will get news about any project that is not making use of DMG. However, what we might get news of is a project that is not plastic recycling. We know that PHE have been testing other feedsstock not just waste plastic so a project not involving waste plastic is possible. I should say that I could be wrong s I am speculating base on your comment.

Malachi - I think part of the reason for the muted response may have something to do with it being August and all the senior traders are on holiday.

If anyone wants to read the BEIS consultation I referred to in my 8.10 post it can be found here https://jmp.sh/dQRKwb8

Gadams in relation to your 8.16 post my calculations can be found here https://jmp.sh/xNSOgHN. Please note that it has been pointed out to me that the license fee is paid after opex and not before as in my working out.

Reading the RNS it says 11 sites not 11 units. It may be wishful thinking on my part is it possible that there will be more than one DMG unit on each site. The RNS did say a vast land bank. I was reading a BEIS Consultation document over the weekend and in about 18 months we might have government subsdies available to help secure the income stream.

Piltick - I have ust read the statement from last year I suspect that this year the statement may be slightly more iteresting.

sharesport - Thanks no it id not though it did not appear to have a street view which is what I would need the one on google maps was dme some years ago when there was building work going on.

sharesport - do you know the best place to get something to eat near the venue? Tried looking on google Maps but could not see anything.

newboy58 - I would prefer Tuesday as I have meetings on Monday so may not be able to act on any news.

Piltick - It cannot be just before the AGM starts unless there is nothing in it that would cause the share price to move as the markets will be open at that time.

With the AGM on Wednesday I think I am saying that we willhear somethng next week before the AGM. If we do not then DR will have very little to say.

Interesting article on a current consultation on CCUS policy https://www.lexology.com/library/detail.aspx?g=ac0c7aea-52ca-4c00-9e11-f5fc1e3d28b8&utm_source=lexology+daily+newsfeed&utm_medium=html+email&utm_campaign=lexology+subscriber+daily+feed&utm_content=lexology+daily+newsfeed+2019-08-09&utm_term=
The most interesting thing is the comment with regards to Hydrogen. More thinking on this from HMG needed.

Spencer1983 - See what you mean about that trade that is equal to roughly 0.25% of the share capital of PHE which is a bit of a chunk.

z-cars in relation to your 12.05 post I would not disagree with you what we need is some positive news on planning permission. Also an update on the pipeline I would like to know if the 24 customers mentioned in the july interview are buying just one DMG unit or multiple units for multiple sites. My preference would be for the second.

98889 - In relation to your 12.40 post I would draw your attention to the last set of audited accounts. They show that PHE are not carrying any loans and have a strong balance sheet. Also there has been no call for any equity fundraising for the last eight months. The half year results are due at the end of next month and I expdct them to show modest income from running paid trials. The only question around finance therefore is whether you or I am right in relation to the roll out of DMG Units. I would anticipate the rollout to start by February of next year by the latest. I note what you say about the 8000 hours of continous operation perhaps if you are going that you can raise at the AGM next week.

Yellowf1 - Can you please clarify for me why you say that the ability of PHE 'to deliver a scaled/commercial product within the financial constraints of staying in business are still questionable.' Having met the Chairman and from email exchanges with the CEO. Also I have read an academic article which supports the concept amongst other research. All of this leads me to the contrary view.

yellowf1 - I assume from your 7.05 post that you now accept that the DMG technology works as this company are using the same basic concept. Therefore if they have an operational unit this proves the concept.

itsallbull - Thanks for this I would query a couple of things it says ' The pure oxygen reacts with the carbon that the trash is giving off which creates carbon monoxide and hydrogen' I thought that mixing carbon with oxygen makes Carbon Dioxide not Carbon Monoxide. Also why are they heating it too 4000 degrees farenhiet I have not done the calculations but that is a lot higher than a DMG unit which does basically the same thing.

Kenny100 - It is not that I do not like what you post it is just without knowing what the link relates to it makes it hard to decide whether it is something I need to know.