Member Info for testpack3

Nothing 'new' in the interview, and as LedZep kindly informs us, with his onsite knowledge, a little fraudulent with the 'construction has started' quip.
I don't know if Tim is naive in H2 production methods, but when the interviewer stated that electrolysis was a 'popular' method of H2 production, Tim continued with the high energy input and high cost of electrolysis. Two points. It may be 'popular' in school labs, but commercially, 95% of H2 is produced by steam reforming of methane. Grey H2. It is known as Blue H2 when the C emitted in the process is captured. Many international companies are spending fortunes on electrolysis, and, certainly, the costs will tumble, with one manufacturer expecting the price of H2 to be below $3 /Kg. A few companies are also reporting good results with plastic eating microbes. Tim and Peel, the clock is running, but in the Boardroom, the coffee smells good. lol.

( Should be too late) Yawn.
Having a MOU is nothing more than 'if I find another supplier, the MOU is offski'. I doubt is Toyota has any firm agreements to collaborate without having an easily exercisable exit clause. Industry tends to continue collaboration with parties 'first on the scene'.
The initial MOU with Peel for a DMG plant was signed in Feb. 2017. 4 years on, and a completion date of Q1 2022. 5 years, I am sure that some on here think that is 'Operation Warp Speed' lol. The blame must lie with our BOD for signing an exclusivity agreement, and although it has 'get out' clauses, we should have had a DMG plant up and running by now, and 'ruling' the World on waste to energy. However, PDMR and others will always find excuses.

The ultimate goal is the removal of Greenhouse Gases, and besides CO2 there is Methane. Methane is 25X more effective than CO2 in trapping heat in the atmosphere. There are millions of tons of Methane 'frozen' in Tundra, which will be released if temperature rises thaw this frozen Tundra.

One of the biggest pluses as I see it, if we go down the most effective route of decarbonisation, the move to BEV and FCEV from ICE is the elimination of pollutants in the air we breathe in urban environments. The fumes are high in carcinogenic material, especially diesel ICE. Besides saving The Planet, it will make for healthier people. Soon is not quick enough.

This is why holding/trading shares on Aim, new technology companies, is a risk. It would have been a difficult decision, when the sp reached 2.7p, to sell. A RNS could have dropped anytime with several MOU to order conversions, and the sp goes N . It would also have been easy decision to buy with the reasons as above. The more prudent investors will always take some profit off the table, de-risk, and if applicable, buy back later, and either buy more shares than they sold with the proceeds from the sale, or buy the same amount of shares and pocket the profit. It's good fun, and that's why we are all here. You pays your money, you takes your pick. Decisions, Decisions. GL all.

Must be a typo. , not possible 15 months to construct unless Chuckle Bros are contractors. Might be timescale for the whole of the Protos park. Also at odds with statements on completion date by PHE directors. Would have hoped senior mngmnt from either company would have corrected this, if typo, before publication. If not typo., then it's becoming farcical. I tried to sell some shares this am, to de-risk a little further, and was not able to sell!!. Must be lots out there trying to sell.

Synxs. Thnxs for the explanation, and good luck with Dyslexia. It reminds me of a Mark Twain quote;
' I find people most boring who spell a word exactly the same every time they use it' ( or words to that effect.)

I wouldn't believe that Peel are deliberately slowing progress at Protos, however, it is not attempting a 'record breaking' solution. A link was posted to a peel web page showing 'accomplishments', and I briefly mentioned their 5 yr construction of a land based wind farm of 18 units. I found the Taiwan 7Km offshore Yunlin Wind Farm development, of 80 turbines. The jack-up ship arrived on site last July and the micro-piles were constructed. The first turbine was installed a few days ago, and completion, and grid connection is expected December this year. There are developers, and there are developers.
For the umpteenth time, it is a poor business model, imo, with Peel solely responsible for the DMG roll out in UK., especially since DR is on record stating that overseas contracts are dependent on this successful FOAK.

Z-cars. I don't believe it's a matter of competition, but important to get a DMG plant as FOAK, up and running, to showcase the technology. Previous post from me have stated , imo, that H2 production is not key at moment since there is no market. Unless of course we believe in the 'Field of Dreams' scenario of 'build it and they will come'? The important event is removal of non-recyclable plastic waste. As a few have posted, there are more companies than one can shake a stick at, designing plastic removal systems, whether they are biological or chemical. Although at present there is huge amounts of plastic waste, some being incinerated, some in land fill, some stock piled, it will not always be the case. There will come an inflection point when demand from disposers outweighs supply . It is important therefore to be a company at the forefront with established contracts. At the moment, a gate fee can be levied on waste plastic. It is possible the disposers in the future will have to pay to receive the waste, and hence he gasification products will be the profit centre of the business.

Thnks that info. z-cars. Would obviously be interesting to know if Peel have been approached by a n other. Alas, will never know. I assume you're a Toffee, and looking forward to Blue hydrogen.?

Synxs. I'm afraid you lost me with;
'The average industrial building of 50ksm in the UK take around 6-8 months to construct.'

This is a building, say, 500mtrs x 100 mtrs.. I'm not sure if your post on construction times was aimed at me, since there are a few who have posted under the heading. In particular, I don't think 5 years from planning for a wind farm of 19 units is 'impressive'. I would go as far to say, if the contractor you know of, that can construct a 50kmtr2 warehouse, ready to 'move in' in 8-9 months, had been given the contract for the Protos Park. The DMG would be up and running now? Please remember, the plant is modular. Units can be constructed 'off site', taken to site, and 'bolted' together. Since we know from the Planning Application where the units are situated, services can be 'in place' on the concrete pads, and then connected to units which will have services already in place in them. In essence, not too dissimilar to a wind farm.!!

btw Synxs, this is not a criticism, just out of interest, is English your 1st language?

FlyingHorse; from earlier;
'There has been a tremendous amount of planning with Peel. All the contractors are lined up. This will take off very fast in June. SP will take off on the news.'

Where is this info. from?

NutHazard posted end of last week 1) DR says timescale for DMG plant is Q1 2022. The plant is modular, and one would hope that the components have been ordered for some time. The chosen contractor will have been given a 'required by' delivery date, 2) Worldwide companies with MOU with PHE for DMG plants are waiting for the outcome of Protos.

No. 2) therefore is at odds with a poster who said PHE will 'fly' in June - Why. ? What news is expected that will make this share fly?
The news I would like to hear, that would see a significant rise in sp, is a DMG plant up and running before DR's timescale.
Bad decision to be in the hands of Peel in UK.

A poster also stated earlier that, paraphrasing, PHE is not tied to Peel in UK. My understanding is that Peel have an Exclusivity agreement in UK.?

I don't understand the comments that the BOD don't have us PI's in their minds when making decisions. As SH's we own the company, collectively, and have votes, when presented to us, on BOD recommendations. Naturally, SH with significant shares have more sway. The BOD's prime objective is to increase SH value, and obviously that is done with SP increase, dividend and bonus payments. It is also widely accepted that the the first objective of a BOD is to secure the financial wellbeing of themselves and family. It can be successfully argued that this is best done by the Co. being successful. However, many BOD have done very well with failed companies. Ask Gullible Energy for proof. Although one can find salary payments, and bonus payments in Corporate documents, pension payments are a little harder to find. When you see a Director taking shares in lieu of salary, you can guarantee he/she is putting the maximum allowable amount of company cash into his pension pot. And of course, in T/O situations, there is Golden Goodbye.
For clarity Rumbler, the 'idiot herd' who you refer to in a post, are the posters who only want to hear 'good' news about the company they are invested in, since it confirms their investment decision. Easily provable by seeing 'recommendation' for posts which say ' have a feeling this share is going boooom'. Laughable.

Hi again NH, this quote from DR, copied from your post below, says a lot I fear,;
' So that day is probably not far away now and obviously is the focus of my attention.'

This is in relation to our plant being built.

Probably not far away - Is he talking with Peel?
Probably not far away - Tim has said Q1 next year. Is he talking with Tim.?

I know this quote is from Jan 21, so when he said not far away, where did he get this guestimate - reading tea leaves.?

'Focus of my attention' Really Dave , Focus more or I will be believing you are about to focus all of us. Said calmly, and composed and not 'table banging' Dave. Is that ok Picton? lol

Hi NH, informative posts stating the goals and rewards. Yes much depends on Protos, but I hope that PDMR's are working assiduously with the foreign markets you mentioned, to get a project up and running before Protos. If the technical aspects have been satisfied, as we are led to believe, the construction is straight forward, and the plant is modular, sitting on concrete plinths. To be the FOAK in environmentally friendly plastic and tyre disposal must be a huge plus, not only with companies, but also Governments worldwide.
I've just had a quick look at NH's link to Peel, track-record. The first one mentioned is Frodsham Wind Park in Cheshire. I quote;
'Consent for the wind farm was granted by the Secretary of State in 2012 and since it has been operational, it has helped to create an energy cluster in the area with Peel NRE’s Protos energy and resource hub next door specialising in plastic recycling, hydrogen generation and energy from waste.'
Really. The author must be under the assumption Protos is built.

Frodsham became operational in 2017, so 5 years from planning to commissioning. Again, the turbines are modules affixed to a concrete base. Yes, you have to build the turbines, and I have no idea delivery times, but I assume they can be installed and grid connected as each one is delivered. I doubt 19 were delivered in one hit. I may well be wrong, but 5 years doesn't appear to be 'rushing'.

I lost interest after reading the first one, and hope I missed a 'nugget'.

Rumbled, you make a good point, and I would refer you to a post of mine, a little while back, saying that, IMHO, OCP would see us a prime T/O target.
I have to laugh at Westie who changes opinions like wind direction. He posted earlier;
' You're right gents in that the environmental permit is vitally important. No financier worth their salt is going to commit cash without this final permit. '

He forgets the comments by Directors that finance will be arranged before end 2020, and then Q1, 2021., All of which Westie lauded. With the above statement, and permits were not in place. what he is now implying, is that Directors must have been foolish in thinking serious Financiers would finance the project without permits. For once I agree with him. The governance of this company is laughable. I still hold shares, but drastically de-risked from earlier holding. In profit as well. I remember well the post mentioning Broker forecasts of £3 a share when in full production. Westie would now be happy with 20p in a T/O scenario. What about the NPV of 100s of millions. . lol. It's a good job I'm filtered by aforementioned since he wouldn't understand the logic. And I shall close with the time lasting Rhett Butler quote from G W t W, 'Aye up, pubs open luv, tara'.

Good stuff NH. In your opinion, are any of these overseas projects likely to go ahead without a commercial plant in operation?

If the answer is yes, do you believe the project conversation rate to firm commitments for DMG plant will benefit from an 'up and running' commercial plant. ? cheers.

btw, I'm not knocking dra whilst he is away, the comments just made, I've made to him on previous occasions when he was present, but he regurgitates the same lies about my posts to please his many followers. I have never abused him or name called him That is for children. Diddums.

Now to the Tweet. This timescale is not from Peel, I suggest, since it's not been issued in a RNS. It's his best estimate ( guess), to at least get some news out. Why the 'sooner the better' this plant is operational, I believe, is for the following reason. I do not see H2 production as important at this stage. There's no market. When we have public transport, trains, HGV's running on H2FC, they will do what they do now, fuel up at their depot with H2 supplied by a national supplier on contract. H2FC cars will need local filling stations, which PHE, with a network of Plants, could provide the H2, or even have a filling station on site. However, because of cost, mass market H2FC EV are a long way away. Hope I'm wrong on this, and we are all driving FCEV in 2-3 years. Syngas can be used to provide energy to run the plant, and excess electricity sold to the Grid. The crucial element is the removal of plastic waste and old tyres, Syngas and H2 are useful by-products. When Tim states Q1 2022, is he talking about being commercial then, or built, and then the commissioning and testing starts ? There are hundreds of companies Worldwide, researching and developing technologies to deal with waste. Businesses to the starting line first will win the race. The starting pistol has already been fired.

BlueToff. Just a quickie - The reformation is a noun and specifically means the 'move to Protestantism away from Catholicism'. Reforming is an adjective, which qualifies a noun. No published paper will call reforming tubes, in a reforming furnace, reformation tubes. Some manufacturers call the reformer tubes. F horse. You are in the same stable ( intended), as dra,- inability to understand posts. I have said many times I am a big fan of H2, a big environmentalist, and want to see the end of plastic waste, a believer in Global warming and the huge threat to our planet. I am not a fan of PHE's business model in the UK. Having its production future in the hands of a third party, Peel. This was one of the reasons i was at odds with dra, he is a Peel apologist. The other thing I objected to, was when he stated we knew nothing about Corporate Governance. I informed him that a good Lawyer can obtain a subsidiary Ltd Company in days, and a SPV in hours. He accepted this, reluctantly, and stated 'we should hear something then in the next few weeks'. I replied saying that puts this news about the end of April. Well, we havn't had a RNS, but a Trump like tweet from PHE giving a time line. I shall expand on this under a separate heading.

BlueToff. Afraid not, the act of reforming results in a change. Reformation invariably is used in the religious context. ie The Reformation. Is he now saying he a medical degree, since he states his degree in not scientific, but that's the impression I had from his posts on the technicalities of the DMG process. It's obviously not Theological because of above. And his inability to debate, and only throw insults, convince me it's not a medical degree either. This reminds me of when he said 'my Doctorate', a PhD in academia would be called a D Phil, and one gained through research in industry would be called a Doctorate. Could be a Law Degree? I shall await The Court Summons.

apols, for duplicate post..

On another note. 60% of oil supply goes into transport. If, by 2030, the developed World was running EV.s, and H2FC for LWGV, HGV, trains, ships, public transport, this woul, meet all of Paris agreements, and some.. H2FC in cars are too expensive cf the total cost of the car. Only for high end models, but Chinese mfrs are working to bring affordable H2FC vehicles to the masses. We should all be having the goal of having a H2FC car, since a EBV needs charging with electricity from a power station, which, even fired with NG, is a major C emitter. A better PS would be Nuclear, but that has its detractors.

So he has a date of Q1 2022. At least its a date. I believe most posters were banking on it being sooner. If another plastic consuming system beats us to the market, second or third place is not the place to be. We can hope that Poland and Oz can bring a commercial plant to market sooner.
You can guarantee there are boffins working day and night on plastic eating microbes with H2 as a by product. If that microbe can also excrete Buckminster Graphene nano-tubes, worth, say 1/2£m per Kg, we will have a big problem, In 12 months though, unlikely.

Interesting to see RDS working on HFC for ships. RDS has been diversifying from fossil fuels over the past 2 years, and have a progressive CEO in BvdB. It is definitely seeking contracts for H2 supply, being the Worlds largest producer of H2 from Steam Reforming Methane. The message to Tim is The Clock is Ticking.