Member Info for testpack3

Deadly silence.

Just a small technical point. The no. of 'shareholders' is not falling fast, it is the no. of shares in issue which is falling through the 'share buy back' scheme'.

Theoretically, the MC should remain the same, since the co. fundamentals remain the same, and hence the sp should rise to maintain the same MC.

I am disappointed the 'bought back' shares are not cancelled, rather than put in Treasury, where they can be reintroduced to the register at any time by BOD approval, either 'given', or 'bought'

Thorpe;

'may lodge an appeal'

I did not see those words in the RNS. A poster mentioned before, sorry, forget who it was, that it was being referred, not appealed.

'· Environmental approval for the project referred from regional level to the national Commission Ministérielle de Pilotage (''Committee'' or ''Ministerial Committee'')'

There is a difference between being 'appealed' and 'referred'. Unfortunately, the outcome may be the same. I'm hoping that it is simply a case that the Regional boys are wary of any backlash from National boys if submission granted, and then environmental issues ensue.

I have asked EML for a description of the 'brine' applications, which was news to me, since I do not recall brine being mentioned before. I previously mentioned the use of sea water to negate 'water' problems. It appears EML is not able to contain water on site and there are run off problems to the surrounding areas. Their submission of deep ground injection of brine was dismissed. The revelation, to me at least, that our engineering company has close ties with the regulating authorities, seems to be as useful as water wings on Michael Phelps.

I suggest PHE had had technical difficulties in the past with the thermodynamics of the operation in the TCC. Thermodynamic considerations are Temp and Pressure. To be able to control these metrics, and have differing Thermodynamics in a relatively small space of a TCC, is no mean feat. Both temp. and pressure will migrate, with some ease, to areas of lower temp. and pressure to maintain equilibrium. Naturally there will be optimum thermodynamics to yield the desired product. The operation is anaerobic, and one method of attaining a temp differential in a zone is to inject a chemically stable gas, such as Argon, to lower the temp, and increase pressure. This would have to be a continuous operation since equilibrium forces are paramount. It has had 10yrs plus to think about these technical things, and the only problem that PHE is facing now, is to build the damn thing, get it treating waste plastic successfully and sell it.

One final thing on Patents. If a company employee invents an 'operation' at a workplace, the ownership of the rights belong exclusively to the company. This was the situation some years ago, and I haven't read of any changes to that.

Yes Kim, I sold my remaining 25% following that RNS. I will now stick with my sentiments I have expressed on here, to buy when/if EISA is issued. The rice may well hit 15p, with 95% of the risk removed. Buying now may simply be a case of throwing good money after bad money.

GGG & Ideas,I have sent my mail to the Regulators on AIM , and copied EML.

Fraud. You had my post of yesterday deleted. here it is. sorry to other posters for this, but he said he is leaving the Board, which he has stated many times, but keeps an eye in to remove posts he doesn't like, like this one;

' When facts are on your side, argue facts. When the Law is on your side, argue Law. When you have neither, call yourself a Dr,

Like others, I think it's a relatively cheap way to distract from their incompetence. All of us would much prefer a statement laying out the actual correspondence from the regional Authority on why it was unable to proceed with EISA application, and what were the perceived obstacles to the companies 'water' solutions. It is not disclosing trade secrets, It would have RNS a Patent application had it invented a solution to transform mining. If must be aware of PI concerns about the running of the company, and yet, again, it decides to do nothing, except buy shares in numbers, well below what some PI's hold. If the Board bought 1/2 million pounds worth, I would buy more.

Again, as has been mentioned, no timeline on the referral to National level. One poster thinks it will only be 'days' before it is approved, some think it could drag on for months, or until reservoirs are full. ( most unlikely this year.)

It is a sorry state of affairs, again brought on by this incompetent BOD, who insist on Mushroom Management.

Aandi;

'Here you go testpack. Research notes from the past 3 years' ( I changed your effort at humour)

No Aandi there were 2 items from 2021 which were EQT statements. Not RN.

The earliest RN you posted was Nov 22, ( 8 months ago. lol), Cannacord, with a 2p price target. It certainly appears to have it's finger on the pulse. As I have repeatedly suggested to you. RN are toilet paper.

Chisler. You have joined the Herd. I'm disappointed.

' It is not a rejection, they were unable to approve' oh dear Chisler.

You apply for a loan from a Bank, the reply is 'we are not able to approve the loan.' So Chisler, it's not a rejection because it did not say 'we reject your application', when do you think you will receive the loan? I'll give you a clue, try again when you meet heir requirements.

For all anyone on here knows, the correspondence to EML might have said 'rejected', but EML would spin that.

You are correct in that it is not being appealed to the highest authority, only referred since it is unhappy, obviously, with the 'locals' decisions. So, EML believe it was rejected. It is obvious that the Regional Authority has both the power to award, or reject the application. The only +ve spin I can put on it, is that the Regional Authority are fearful of the consequences from National Govt, if it awards EISA, which it was inclined to do, and then problems ensue with pollution and demands on local water. So, it is passing the buck.

You see MtsticMat, it's about thinking, something you are clearly very bad at. Also, Mystic, earlier you posted;

'Plenty of great people on this board who show their intelligence by being polite and aware of themselves.

You lack this basic function. Which makes you come across as a huge twat, I'll keep being me and posting as I do.'

Polite and twat in the same post. Sums you up perfectly.

Fraudanomoly aka waterooohaah. Posted a diatribe of a 3rd former attempting to join an 'obnoxious fool' club. Application successful Fraud. It included this;

'" Yet your ceaseless self-promotion suggests less of an enlightening lighthouse,''

Says the fool whose avatar was DrAnomoly. Has been twigged and so changes it. Guilty as charged fraud. You are the fraud, narcissist and promoter of the many guilty PDMR's at PHE who you 'bootlick' ( it is the polite version), and bend over to please. You have no business acumen, and because I stated on this board, the same day that PHE RNS their transaction with Peel, that it was schoolboy mangmnt to hand the building of FOAK to a third party, you are so disappointed that I was proved correct, that you resort to a diatribe which says more about your lack of business understanding than mine. You are obviously jealous of my properties in Brasil, one in Copacabana, t'other in mountains, that you can't bring yourself to believe it. C'mon down Bob and I'll show you.

MysticMat. BTS put you in your place with his post. Not forgetting, the water is still the problem, and if Authorities gave OCP a License to mine and EISA, if EML did not take them to Court, S/H's would. You are very naive in business dealings.

MysticMat. Your comments show a deeply jealous streak in you, and also an admiration of my analysis. Get over it Mystic, it's called being educated. You probably have an account on another BB and have reposted my post, obviously without the credid. lol. Also the sp put your 'i expect this to hit 3.7 -4.1p in context. Clueless, but I've known that for a long time Mystic.

Aandi still touting useless research notes, which are biased, and paid for by EQT. I wish he'd publish some from 2,3 4 5 years ago, and we can see how laughable they are. The target of 1.3p is 60% lower then the sp of 3 years ago. I.3p sp would give a MC of c£150M. Aandi will now roll out the' pipeline of orders' to show how that can be achieved. Laughable Aandi.

The BOD got carried away with the panacea of H2, especially touting Hydrogen filling station at Protos for cars. Incompetence, and not having finger on pulse. It should have stuck with basics, and touted DMG as a 'green' method of disposing of waste plastic with a product of Syngas which can be used for electricity generation. Simple. H production can be an 'add on'. It should have made a concerted effort to 'sell' DMG to waste collectors/recycling plants. But no, it thought, and it must have been discussed at length, it would place the building of FOAK, and all other DMG plants in England, in the hands of a 3rd party. Laughable.

Some of The Herd ( and some new members), are still trying to put a +ve spin on the RNS. Such as ' it was not a refusal'. oh dear. The statement released by EML;

Following a recent evaluation meeting, the Commission Régionale Unifiée d'Investissement ("CRUI"), the regional investment authority, was unable to approve the application, and consequently the Company has exercised its right to refer approval'

Plse note, 'unable to approve'. This means 'rejected'. it's very simple. The actual notice from the Authority may have said 'your application is rejected', but EML would not state that. When did EML receive this rejection? A few days ago, a week ago, month, 3 months ago?. This incompetent BOD will keep their snouts in the trough as long as they possible can.

Has a problem with disposal of brine been RNS before? Where has the brine come from? There are salt deposits to be mined, is EML drawing water from these deposits? The most cost effective method of eliminating salts from brine is Reverse Osmosis. For mine lifes of 20yrs, possibly build a steam generated electricity supply plant. 2 birds with 1 stone.

Oh dear, westie is in his shell. Hopefully, he's at HQ banging on some doors. Of course not, don't be silly. I'm very pleased I sold 75% a couple of months ago, and I'm sorry for the posters who have been 'topping up' recently. You had plenty of warnings. As for reducing average at this low price, remember, it still costs you cash and increases your total investment. Beware of 'Death Spiral'. I will still maintain that if ever EISA is approved, sp will hit 15p. That is a good time to buy since unless BOD are complete muppets, £2 will be achievable within 30 months. Ok, so you make £1.97 ps, I 'only' make £1.85. Whose carrying the risk?

Just seen the RNS re' PDMR buys. lol. A weeks wages. It's a red herring. Trying to reclaim some respect. Too little, too late.

Bertmonkey. Listed below is a short selection of posts on PHE with some technical information.

3 July 14.29, 27 June 14.44, 22 June 14.51, 16 June 14.31, 15 June 14.52,

8 June 14.56, 6 June 18.04.

There are more if you extend the search.

At day 1 when PHE announced the collaboration with Peel, I posted that it was schoolboy mngmnt to put the building of a FOAK in the hands of a 3rd party. One of my main problems with fraud anomoly is that he was fully on board with it, and using his fake PhD ingratiated himself with the BOD and lauding their CV's and expertise, A dimwit when it come to Management. maybe you have noticed from my posting times, they have a pattern. pm UK time, morning in Copacabana where I live. Fraud thinks my houses here are imaginary. This is taking jealousy too far even for a dimwit.

I post on fraud anomoly to warn other investors that he is a serial ramper on PHE, and posters should do their own research, and a good starting point is to read and disect the last 10 years RNS. There's not 1000s.

Mjallan;

'Has anyone looked at this explanation as to why H cars may not be the solution.'

The presenters main criticism is storage. He explains that for a 300mls journey in a V8, it would need c450 ltrs of storage space for compressed H2 gas, and c300 ltrs of liquified Gas. Both, not practical in cars, but suitable if you have large machinery, such as a JCB earth mover. He suggests a conventional tank would only give 50ml of travel for a V8. I have explained in some detail in previous posts why car mfrs are keen on developing H ICE. Simple reason, profit. The majority of car mfrs profit is derived from franchised dealerships on new car sales, maintenance and spare parts. Maintenance on Electric powered motor cars is much simpler, and few spare part requirements, apart from suspension. An EV has no clutch or gearbox. A Tesla has driven 500,000mls with no spare parts fitted to motor. The future is not HICE but H fuel cells, and primarily for LCV, HGV, ships, trains, buses and commuter aircraft. At moment HFCV are too expensive for the vast majority of buyers because of the Fc price.The presenter mentioned HFC as an alternative to HICE, but main criticism is that they are boring. He is a petrol head, and need grunt. For an xtra few £s, he can have a 'grunt' fitted through the speakers. The HFC market is painfully slow since there are only a dozen H stations in UK, and a few more in USA, with Eu slightly better. There has to be a seed change in Govt thinking on GW, to incentive the infrastructure for H filling stations. Naturally, the H should be sourced by electrolysis using 'green' electricity. USA produces of 90% of H , with 95% from Steam Reformed Methane. This is C intensive and not the way forward, but obviously suits Big Oil.

I have maintained from early days with PHE that H is not the driving force for DMG, but sales emphasis should be placed on production of syngas and then electricity. H production is an 'add on' for specific customers.

Fraud anomoly. But I'm not a narcissist like you, and I'm more qualified. Numpty

MysticMat. Clearly can't think for himself and uses the words, phrases I use in my posts. eg. Oddball, childish. You also copied my sp predictions which I posted in January. I dare you to try and post something original. lol

Try again;

'What's your salary, Jim?'

I pretty sure Jim is not a BOD member of a publicly listed company. Such people work on behalf of the owners of the company, Jim, you, me and thousands of others. Their salary is not a trade secret, and is published in the company accounts. Questions on bonuses and thresholds are fair questions, and only avoided if BOD is embarrassed.

Jims salary, if not a BOD member of a PLC, is privy to him, not you try again.