To me this makes a lot of sense but I’m concerned that there is also a strong anti hydrogen movement when used as a fuel, even to the extent of claiming it is more damaging to the environment than methane and CO2.
Mjallen if PHE ever pay a dividend for the first time, on the payment date I promise to run round Piccadilly Circus naked apart from wearing a pair of old wellington boots and a plastic daffodil stuck where the sun don’t shine.
Mjallen I can sell or buy within my ISA any time during the trading day and the trade always shows in the share trades listing at the correct time. So I’m not sure under what circumstances an ISA provider would or could group sales or buys together as you described especially in a volatile market.
The lack of communication is typical from this ever changing board. I wonder why they are holding back on announcing the AGM? Meanwhile the lack of any substantial “bargain buying” or a small bounce up today does not bode well. The multi million sellers have been doing do for a reason.
Well Electron said on 30th June they were about to start testing the lower temperature process using feedstock to be sourced sometime in July. I wonder how that's going? As HUI and PHE appear to be working more in partnership (I still find it a confusing relationship) one would like to think both would benefit. At least Peel appear to be interested in rolling DMG out across more of their sites but of course subject to the FOAK actually delivering on the promised outputs.
RE: IN FOR A PENNY IN FOR A POUND23 Sep 2022 12:27
Is it possible the BOD know deep down that this DMG system can never be scaled to work commercially which is why a) there has been a revolving door of execs coming and going? b) the can keeps getting kicked down the road regarding the start of building?
I'm very sceptical now as logically this system should have enormous support from government needing to address the dual issue of plastic waste and energy security.
I hope I'm wrong but continually hitting 12 month lows suggests something is not right.
RE: IN FOR A PENNY IN FOR A POUND22 Sep 2022 16:09
I fear the boots are staying in the boot room for the next few months at least. Not much time left this week to call it a rising week. So called hydrogen stocks seem to be caught up in the general market malaise.
Anyway, when are we going to have an AGM? The BOD need to answer some questions.
1p would be disappointing but also possible given the lack of a clear indication of when the FOAK is going to be built. I think we need Swazers to tell how low this will go.
Without knowing exactly what the “long lead items” are or how long “long” means we can only speculate. They could be 20 foot long kettle leads for all we know.
I'm not sure you can trust those buy and sell volume figures. There was a 5 million trade at 15:59 with a price of 1.576 that shows as a buy but the price would suggest it was a sell.
All this stuff about hydrogen is the future and how wonderful it is and will be is all very good and interesting but none of it seems to encourage our wonderful BOD and various partnerships to get on and build the first bl**dy DMG. Protos? Konin? Ireland? Glasgow? Anywhere please!
Credibility is fading fast. All this talk about what DMG does do and will do is meaningless until they actually build a commercial sized one and prove it does what they say it will. To add to the cynicism it’s almost as if the BoD welcome any additional reasons for delay to string this out as long as possible. Another discounted fund raise is almost inevitable. It will be interesting to see how successful Aleksandra’s stateside investment trip turns out without a working system to provide credibility.