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So in summary I read this as the various and ever changing PHE BOD have taken 6 years to not make any progress building a commercial scale DMG. 6 years. Meanwhile EQT appear to be proving that gasification to produce syngas actually does work at scale so what is the PHE BOD playing at?
Interesting but no mention whatsoever of CCS. Why not? It also sounded like he was implying a dig about PHE, but not mentioning them by name, not showing any light at the end of their (severely depleted SP) tunnel?
Not sure what to make of all this.
Understand it HUI will lend £500k to Howard Whites company CCS to start the purchase process to acquire 95%, over several years, of an unnamed Macedonian cannabis cultivator.
Next year the cannabis cultivator will start paying dividends to CCS which CCS will use to pay for more % of the 95%.
Meanwhile HUI has an option, which expires next year, to buy 49% of CCS. Future profits of CCS could be used to fund the build of HUI systems. One such system could be built on land next to the cannabis farm in Macedonia, if the farm indeed acquires the land next door.
The potential HUI system on the potential land next to the potential cannabis farm could potentially process the waste from the farm to potentially generate power to be sold to the farm.
Is there some kind of a prize given for deals like this?
……and an occasional magazine author?
https://theamericanmag.com/author/aleksandra/
The RNS about the Bridgend Technology Development Centre said the rent is £46k per annum and the set up costs would be around £2m. Based on recent recruitment advert it would appear that some of that expenditure is already taking place. As usual what was missing in the RNS is some kind of timescale.
Powerhouse Procrastinators
Interesting to see this. I wonder if they have shipped the demo unit down there from Chester University Science Park and they need someone to turn it on and off occasionally. Is there actually a building to house any kit at Brackla?
Sadly another significant down day. Too big a hill to climb now. Starting to look like EQT and end up bumbling along at 0.3 or lower and forever. They still have to build a FOAK then get it to work. I think it’s significant that Paul Emmit doesn’t show as holding any shares and he’s the person supposed to be organising the first build.
What he's saying is we need some potential customer to commit to a pre agreed price in two years time before we start building a FOAK. WTF?
Someone said is this a time to buy? I think its time to say bye bye.
PHE bid should be giving regular updates on these “projects”
JV with HUI in Konin
JV with HUI in Longford - payments made to HUI
South Wales TEC - presumably now paying rent for the lease
Protos - how the new full ownership is facilitating progress
And the mysterious claimed and denied “agreement” with National H2