Member Info for testpack3

Under RnR , it is not permitted to report if a trade is a buy or sell. The trade is reported and if at the time of reporting it is below the mid-price, it is reported as a sell, and vice versa. There is a lot of nonsense spoken on BB's about MM's games. If the sp has dropped, it is fair to assume there are more sells than buys. Sometimes, a MM will have a large order to fill ( fill and kill basis), and may move the price to attract more buyers or more sellers, but there are normally more than MM on a share, unless it is highly illiquid, and they do compete with each other for business.

Good to see a 6% ( at mo) on no news.. Pretty sure it's not because Tim is on way to S. Korea, or may be it's because he's left the Country, and no damage control needed!

The 'bad' deal on the book is Brasil, which it is trying to sell. Brazil is a backward country in many respects. It's Govt is either far left or far right, the latter at present. CV19 handling in Brasil has been worse than that of Trump. I have lived in Brasil for a number of years, and have yet to see a Solar Panel, either commercial or private!. Hell will freeze over before it embraces EV's.

' Our technology is available now and can help eliminate plastic waste from being exported, dumped and burned”.

Where?

I believe the important phrase is 'Provided there's a supply of deals to be done'. We have to trust BOD judgment that it will always act in S/H best interest, and not buy for the sake of buying. The %age of debt to the asset purchased is critical. Not all 'green' assets are good assets. I think the idiom , 'Cash is King' has survived for good reasons.
We are not too far apart in our thinking. GL.

*applies. I'm not sure if this is in relation to my post, Maverick, but Aplos is apologies, not applies. Should have said Apols. Apols Maverick

https://www.letsrecycle.com/news/latest-news/plans-for-three-efw-plants-progress/

'New technology converts waste plastics to jet fuel in an hour'

For info' on jet fuel,Google title. I suspect the University who did research produced JF, since it is more 'sellable' than Gasoline or Diesel in USA.. However, the research shows a low temperature for the operating plant of 220dC cf c3000dC for Plasma Gasification plants. By tweaking the Thermodynamics of the operation, different products are available, and Syngas and H2 would be candidates.

The first link is large efw plants in S England. One would have thought companies like these would be the first approached by PHE for a DMG plant. They have the money, the land and the feedstock. In the case of Veolia, a multi-international company, HQ in France, have this 'on-board' and international sites are a given. I hope DR is heading S as from last week.

'I can only assume this originated from Testcrap? Thinking once again he’s gods gift no doubt. Give it rest fella, with the mount of energy you convert to waste, Dave Ryan could make. Fortune.'
lol. Insults again, testcrap. Is that all you have got? Oh BTW, you are a Fraud. Educated people know that God has a capital letter. Aplos to non-herd readers, these guys are cancel culture, Anomoly posted that he wants to be informed of any one who agrees with me, so that he can filter them as well. lol. Anomoly hasn't filtered me, as proved by mentioning a post of mine, when he posted on a subject not mentioned in any post following mine. That's a bit convoluted, but he's a fraud. HNC Graphic design at best.
Aghh Jmd-mcr again with his drivel about me be a paid ramper. I shut BigBrother up with one post. Same to you. I bet you , and your 8 'likes' £1000 each I am a S/H in PHE and bought at 0.9p. Put your money where your mouth is. ? I'm going up country shortly, and if you can pay for it, that would be appreciated. Sad life eh.lol. Lets see whose sad in your response.

ghhgdd';
'Using cash to fund purchases is all vey well but is hugely limiting when there are so many opportunities available. Debt is a valuable corporate tool, ESPECIALLY when it's structured like this is. I'd be disappointed in any management team that didn't use debt to fund assets like these.'
GLO is a Company that purchases 'green energy' assets in the main.. What does it need cash for. Only for the payment of Divi's. What do you do with surplus cash after divi is paid. ? Repurchase shares? I have already made a case on a n board that it is better for S/H to pay divi and not repurchase shares, except in the case when the Company offers shares in lieu of cash, then repurchase those.

I thought that was a carry on film, not monty python?

I can Kenneth Williams in my mind......

I'm pretty sure it was 'Carry On up the Khyber', spoken by said Ken.

You post is spot on TheT, especially final para. mentioning Govt' involvement. The French have always supported their industries, and have often faced criticism, and The Law, when subsidising. Its answer has always involved 'one finger'. The French are particularly good with 'new disruptive ' technology. I'm afraid that The Iron Lady, was the main cause of the decline of British manufacturing Industry and Govt investment, with her 'Keynesian' philosophy of building wealth through the Service Sector. I posed a question a week ago, 'what would be the World rollout of DMG, and the sp, if a DMG plant had been up and running in 2019. No replies received. There are too many posters on here who are apologist for PHE and Peel management. It is a bad business model in UK.

to call PHE HQ and get them to reduce 'spread'. It's over 8% and there are lots more sells than buys. Not good enough.

Good post CBax, and more in line with the real World than the 2 rampers on here.
'Business performance for the year

As detailed in the Chairman's Statement, development of the Khemisset Potash Project continued during the period, with several significant milestones achieved.

Having received the results of the Scoping Study at the end of 2018, which confirmed the potential for a low capex high margin mine, Emmerson further strengthened the Project's economic value during 2019. Notably, with the addition of preliminary studies on two projects (the sale of salt by product and the production of sulphate of potash), Emmerson increased the NPV10 of US$1.14 billion over a minimum 20-year life of mine ("LOM") stated in the Scoping Study to +US$1.8 billion.

The Company also advanced key logistical, infrastructure, off-take, and financing options, all of which ensured the identification of the optimal development strategy and brought the Group closer to achieving its target of becoming a potash producer in 2021. These included amongst others, the signing of a Heads of Terms with a large fertiliser industry player regarding an off-take agreement, as well as an indicative offer for debt financing. Furthermore, the Company received positive results from both the environmental baseline study and the comprehensive metallurgical test work programme, and, as we look ahead to applying for our mining permit, we also consolidated several permits into a single, larger area, which will simplify this process. '
This is taken from Final Results 2020. And please don't say CV19 was a massive restriction. They flew to dubai in the middle of it..
Did any one read as far as consultancy Fees? Have a look, its item i6, or17 I think , in the Notes. They all did very, very well. When you are a Director, what are you 'consulted' about. May be the 2 Rampers can share their thoughts.?

It was what the RNS didn't say concerns me. It did not mention construction start, or any time lines for events that will de-risk our investment. Finance was 'offered' in 2019, and nothing sorted yet. A Company can have a HOT agreements on Finance without Planning consent.

ghhgdd, you replied
'I'm not sure why you think the debt needs to be reduced? It's mostly asset-backed lending that amortises, so there's no re-fi or contagion risk from the majority of it. Further, most of it is on a fixed rate, so there's no rate risk either!'
Amortisation is the process of 'paying off' debt over a time period. It still has to be re-paid. I agree that funding asset purchase is best through debt rather than share based fund raise, but it is debt. I would like to see a more concerted effort in paying off debt, so at least, significant part of future purchases can utilise 'cash in hand'.
Fixed rate depends on the rate. Not good if it's old debt at 10% p.a.

Bidens 'green' plan for cars is BEV, in as much as that is the only power source he has mentioned. He is not the brightest candle on the tree, but is magnitudes better than the previous incumbent. Hopefully, his science advisors will school him in the benefits of FCEV's for all transport. The article below is of concern for the FCEV and BEV;
https://www.carscoops.com/2021/05/toyota-only-expects-evs-and-fcvs-will-make-up-15-of-their-u-s-sales-by-2030/
It expects that 55% + of sales will come from Hybrids. It can't let go of the ICE. I believe this is because of money, and the loss of lucrative spare part and servicing income from ICE's which it will suffer with BEV and to a lesser extent FCEV . I posted in more detail on this a week or so ago.
60% of oil is consumed in the transport industry. 'At a stroke', Paris Climate Agreements on GHG emissions can be met and exceeded with commitment from Govts and Motor Manufacturers. The pluses for FCEV powering HGV, ships, trains, public transport overwhelm the downside, cost of FCells is a major downside for mass produced cars. The Chinese are well ahead of the World in attempting to reduce cost.
A note on Brasil using BEV, FCEV. Mankind will have landed men and women on a satellite of Jupiter before that happens. I made an error in an earlier post, in a reply to Ghengis about DMG in Brasil. I suggested that Brasil would rather incinerate plastic waste with oil as a fuel. In hindsight, it would use deforestation trees from The Amazon as a fuel.

Nice one Test Pack, i once worked with a chap in R&D who built himself a catamaran in the bottom of his garden, sailed it across the atlantic to Brazil, turned it upside down and lived in the hull for several years in the jungle, weird thing is he was a test engineer...............are you that chap?

lol. Unfortunately not, and I'm jealous. If I had been him, I would certainly have tried to get a TV series called BigRudder.
Not heard of this, any timescale Ghengis on this.? Of course the Atlantic coastline of Brasil is several thousand clicks long, and landfall would probably have been in the N, near Recife.

Of course, your comment, I would suggest, is better aimed at PHE, rather than moi. Out of curiosity, I have telephoned Comlurb, the 'refuse' people in RdJ. Unfortunately, it is a municipal company, not private, and so 'backhanders' would have to be 'sorted'. Roberto was 'slightly' enthusiastic, since all plastic waste is landfill or incinerated. Unfortunately, he asked me an effing silly question, 'where can he see one , and the cost? How effing dare he ask these questions when we have only been developing for 10 years. However, nearer the time, sometime next year, I will ask PHE about exclusivity agreements for DMG in Brasil. It will also need a change of Govt here, since the present El Presidente ( it's Spanish and mocking) would rather incinerate all waste with oil as fuel. May be I could sign a MOU now, after all, Peel have had one for 4 1/2 years, and no contractor signed up yet to build.

Thanks for the 'boy' compliment' The beach is Sao Conrado - not particularly 'upmarket'. since it is adjacent to the biggest Comunidade ( Community - new name for Favella) in the State of RdJ, Rocinha. A dangerous place, and where the film, Children of God was filmed. Worth seeing, if you can get an English version, or learn Portuguese. The beach is though, the 'landing' area of Hang Gliding, Wingsuit, from the nearby spectacular mountains. The Beach Club though is very upmarket, and has been the source of a few CV19 outbreaks. I think social distancing was limited to penetration.

The clock is ticking. Did you notice their 'start' date, 2022. I bet Doosan have a management plan, since the first Objective has been set, 2022.

Bigbrother. Apt monica. Are you the pig by any chance. Your post is flawed in every paragraph. Like so many posters on here , you have not mentione one line I have written to substantiate you diatribe. I have written at length on the positives of PHE 's technology, but I am not a fan of it's management, or it's business model in the UK, effectively, having no control of the rollout of FOAK. I always give constructive criticism, and have suggested many times that a better way forward was to have built a stand alone DMG ( yr comcents on that please). I gave a simplified version of a Management Action Plan using a well know MBO technique for having FOAK working much sooner. Ask yourself a simple question, and I would appreciate a reply, where would the roll out of DMG be Worldwide, and the sp if a FOAK had been built and successfully working in 2019?.
I am a SH here , first bought at 0.9p, and I have stated this before. The way to silence you, and others who accept without question all PDMR's actions is this. I will bet you cash, £1000 I am a SH and can give you a screen shot of my IG holdings, the offer applies to anyone. It will pay for my forthcoming trip if 5 or 6 of you take up the offer. Please. I enjoyed the piece when you said;
'Who appear to actively crave attention ( not the good doctor or many of the other lucid contributors on here ! )' hahaha You also noticed then. The 'good doctor' (lol) will not be happy with you.
Not finally, there will be another post. These take me 20 or so minutes to post. No big deal in a day. Filter List. The Cancel culture. ''We don't want to hear peoples views who disagree with us. I am a herd member, I only want to read 'nice' things about my investement.'' Congratulations, a true believer in democracy, and with 18 herd followers. Mission accomplished Bigbro. Back to the Farm with you.