Member Info for Tatty99

August 7th 2018 was last “quarterly update”. I’m not impressed by the miserable slow progress getting this valuable asset into production.

A couple of thought/questions assuming a doubling of shares in issue:

1. Will PI s get a chance to buy into the offer? (I suspect not)
2. Would it be better to sell up now and buy after dilution? ( assuming a desire to hang on for drill outcome.

About bl**dy time! Great potential here.

44 deals since 2017. Half year revenue £148,000. Average £3364 per deal.

Looks like a direct competitive product to the one AFC announced earlier this year. Will be interesting to see what the market prefers.

Looking ahead (ever the optimist eh?). I've been intrigued by the potential opportunity of using tyre crumb in the DMG process as this is a stated source input option.

I found this article which suggests - in theory - for every 1 Kg of tyre input 0.158 KG of Hydrogen could be produced. Scaled up that suggests a theoretical 25 tonne input to produce 3.95 tonne of Hydrogen.

https://link.springer.com/article/10.1007/s40518-014-0019-0

It is frustratingly slow progress to await the proof of DMG when it has the potential to be such a disruptive solution to the plague of plastic and tyre waste globally.

Tempted to gamble on a further punt at these prices.

Disappointing to see this continue on a downward trajectory. I suppose the market views DMG to be too good to be true until the first full scale installation is proven to work?

It’s not just PPS. AFC and ITM also seem to have drifted consistently down over the last few weeks/ months. Is there just not yet the market to share between them?

Blimey this is the first time £130m is mentioned unless I missed something. Has the market missed something too?

It has been very frustrating to see this continue to drift but then the last real news was back in May ending with this:

"Clinical success with NXP001 demonstrates the potential for our wider pipeline. We now seek to replicate our approach of using known drugs to create value with reduced risk and costs of development to build a wider pipeline of innovative therapies. This will be achieved both with in-house programmes and in other collaborations, such as that announced previously with Ebers. We look forward to updating the market as we build on today's success to make progress both technically and commercially across the Nuformix portfolio."

So an update soon would be welcome.

Ah spoke too soon. This is better!

Considering there is not yet one commercial DMG unit up and running this is quite a commitment by Peel. SP somewhat muted despite this positive RNS.

They have really worked hard re organising the accounts! Meanwhile I had not realised STX were paying a 5% royalty to the original ip owners of ferracru. Who might that be?

I think this will tread water or slip lower until next news, which could be months away. Tempted to sell half and leave rest for free ride.

I'm hoping the retrace from last Friday is now over and we get news soon if the first US deal which should take this on track for the broker targets.

If this doesn't give the SP a kick up then there is something weird going on.

Usual jam tomorrow stuff they've been saying for the last 20 years. The thing that always makes me chuckle is this cut and paste they always add at the end:
Anglesey also plans to pursue new opportunities for mineral exploration and development projects, with a focus on advanced copper and other base metal exploration or development projects.

Shame about the SP. I really thought that MWG had the answer to a lot of 3rd world water issues.

I suppose after such a rise then some profit taking is inevitable. But this is only a temporary blip. Could well end up again by the end of the day.

Deal or No Deal? I fear we may have chosen the box with 1p in it!

One further question for AGM: why haven't the current management invested more of their own money in PHE shares? The recent purchase by the Chairman was only around £5k. That looks like a mere token gesture rather than a strong belief in a successful future.