Member Info for testpack3

Yellow. Goodbye. Good Luck.

TW plays a similar game as we do. He picks shares, and either recommends them as buys, or sells. I our endeavours, we simply try to identify buys. If we can successfully identify sells, then we can make money by shorting, which has been frowned on by all B Boards, but it is only the opposite of going 'long', and a way to make money. A short only makes money if the 'business' is no good. Now TW correctly identified SOU as a shorting target, and many on here would be millinaires if we had taken his advice. On the other hand, TW was effusing at length, and a 'stonking' buy with Fox Marble, when the sp was N of 20p. It is now 1,8p. For sure, TW was paid by FOX, and probably received much 'nosh' for his unwavering support. It would appear that The Failure did not play ball with TW iro this, and was probably too busy giving largesse to No 1 disciple. In a nutshell, anything TW says is a binary play, and he knows no better than the majority of us.

Not so much sentiment KTF. There could be massive dilution with a cash raise through share issue. There could be more considerable debt with equity raise in the money market. There could be insurmountable problems with the planned LG plant. The company could go into liquidation. WE already know that there were not a plethora of buyers interested in the company.
Yes, we have c0.5tcf in The Horst. How is that gas going to market.?. We have a marooned asset.
It is going to be a long, hard and rocky road for the sp to recover to double digits. However, there is a plan, there is an OnG man at the helm, instead of a bean counter, and I am confidant of a reasonable outcome in the next 2-3 years.

The Failure was seen Waitrose, 7Oaks.

tecjed1
'When is production set to start? (The part where you predict it will be £1 a share)'

I believe the timeline is infrastructure, incline commencement 2021, and first production first half 2022., so about 2 years.
A short space of time for a 20 bagger.

At the time of the 3.5M trade, the ask was over 4p. I suggest the trade was a sell, which would explain the fall in so today.

I have posted at length on this before. As a motor vehicle drive mechanism, H2FC are far superior to batteries, both in range, and considerable weight advantage. At present. H2FC have 2 main problems. One is the cost. I have not been able to get a price from any mfr for an 80KW FC. Second is the price of H2. The cleanliness of battery cars depends on where you charge them. In the USA, eg, California has only 4% of electric production from Coal, West Virginia has 95% from coal, so charging yr EV there is still a 'dirty' business. H2 produced from Steam Reforming Methane,( at present, the major source), produces CO2. The 'cleanest' method is by electrolysis of water, but that depends again on how the electricity is produced. PHE is a great step forward on both counts, since basically, H2 is a byproduct from the main consideration of the removal of plastic waste and tyres from society. Also, the DMG plant can be placed where the H2 is required, removing another significant cost of transportation. Since the end product of the DMG plant is a solid, which has uses, the operation is 'clean'.
I believe China is marketing a H2FCV in India which sells at under £10K. I have no details, but if any poster can enlighten me, v grateful. The main market for H2FC I believe, and it can dominate, with Govt. assistance, and can have a significant impact on meeting and exceeding Paris Accord CO2 levels, is in 7.5tonne vehicles upto HGV size, ships and trains. The high cost of the FC is diminished in these applications because of the higher cost of the product in the first place. HGV can be £x00000s, and trains and ships £millions. As far as I am aware, tho only H2FC V in UK are over £60K, with some over £100K. This will not dominate. But the outlook for PHE is v exciting as long as the first plant operates within parameters.

I mailed both Nahab and the CEO as a shareholder. And as you may know, shareholders own the Company. Another red flag is the 90+% owned by Nahab and family. As a SH I wanted to know what efforts are being made to repay debt, and also the 400M shares that can be exercised at 2p. You will not bother, but my posting history on other shares, PHE, RDSA and others, will show my long held belief in alternate fuels, esp. H2 in the drive to reduce C pollution. I will say that my track record is far greener than yours. I am not looking for a 'better' entry point, I am just informing people like you, who do not research shares thoroughly. More knowledge on a share makes for better investment decisions. May be you are a dart thrower? GL with this share, and look out for the RNS end of year about debt, when he may decide to push the decision back again. There should be some hefty sales soon by Nahab at these prices.

Don't concern yourself with TLeg and KTF. They were, and probably still are, idolisers of The Failure, and his chief disciple , whom I think, and hope, we have got rid of for good. Their input is nada, and, even if posters do not agree with your comments, informing them of some of the agenda for the impending AGM is good. Keep up the good work. I can agree with one of the numb nuts on one thing though, so good to hear nada of spam and its 2 munchers.

Ive sold my smallish holding with gain, a nice profit. Im a big believer in PPS products, and market, however, there are 2 major crunches coming.1) The Nahab family can convert 400m warrants at an exercise price of 2p. 2) There is £100M owed to Dr Nahab, and the settlement date has been pushed back, and back, and presently, according to RNS, the settlement is by end of this year. I suggest you mail Dr Nahab, or the CFO and wait for a reply. I'm still waiting. GL

You posted this in April 2019
'I have looked closely at the timelines for TE10.
whilst I have no direct O&G experience I can read and make logical deductions.
TE10 is taking MUCH longer than TE9. I think therfore it is likely to be positive. it would be abandoned by now if it were not.
secondly I simply don't believe an operator like Schlumberger would have forgotten to order necessary equipment. indeed the rns of January 28th said design planning and procurement for testing nearing completion. Note: procurement nearing completion. But on April 2nd we are told we are still waiting for tubing. that's either a monumental f&ck up or a lie.
with Millions at stake Schlumberger would not make that sort of mistake, indeed, if they DID they would have air freighted the tubing in within days.
So, what is going on? I have asked sound, they won't comment.
either the whole Tendrara thingis a figment of JP's immagination or iwe are close to a sale.
I know which I believe.'

And you want posters to believe you have an idea of what is going on. lol Take a break, suggest 4 years.

The recent price rise I believe is owing to the divi payment which goes ex on the 4th. Its the first 1/4 payment of 3.32p ps. The question is this, 'will the price fall more than 3.32p on Friday. decisions, decisions.

FAO Micks 1985
I quote you again.'
Using your logic, anybody who believes in religion is an idiot. That would be millions around the world. Or is just Christianity you can mock?
You are an idiot I believe. I did not say what I have just quoted from you. If you can attempt to get whatever brain cells you have in gear, I will explain slowly, since I believe you cannot read quickly.
I stated that Trumps base is right wing Christian who take Genesis literally. No mention of 'religion' per se. The Pope, Arch Bishop Cant, and million of other 'Christians' believe in Evolution, The Earth is c5B yo, and do not take Genesis, or The Old Testament literally, unlike the 43% of USA voter idiots who do, and support Trump. Got it. BTW. Do you believe The Earth is c10,000yo, and we all came from Adam n Eve.? If not, what do you think of people who do? And finally, , do you think The Earth is flat.?
Sorry for off topic if any other poster reads this, but this guy called me Islamaphobic and anti-semitic. I object to that, and he should apologise after I corrected his weird reading of my original post. Energy, Climate, and The Planet will be a better place without Trump.
'

Micks1985. I qoute you in ref; to my post
'Islamaphobic and anti-semitic in one post. Well done.'

My post mentioned the USA Bible Belt, which is right wing Christian, no mention of Judaism or Islam.

If you believe in Adam n Eve, Noahs Ark, and the earth is about 10,000yrs old ( Genesis), then you are an idiot.

Trumps base is the right wing bible belt. 43% of vote age Americans believe in Genesis verbatim. Noahs Ark, Adam n Eve, Lots wife going salty etc, etc. So they are idiots. This 43 % ( Gallup poll every year since early 50's.) will vote Republican venif a pig is put forward, and basically, that is what they have now, and a intellectually corrupted pig. Besides this, he is also financially, morally corrupt. All provable. and out of his own snout, or own deeds. He is not capable of avoiding crisis of his own making, and these will be his downfall. To deflect from his disastrous handling ( in company with BoJo) of CV19, he is attacking China, which always goes down well with bipartisan support. However, this will scipper his trade deal with same, and hit the USA farmers who rely on Chinese sales. Now, with the Idiot attacking China over HK, and threatening action, the Chinese may well stop USA imports into China, which amount to c$350Bpa. It only exports $5B to USA. Fera not operastar, the more he tweets, the deeper the hole, He will have his 43%, but the 57% will defeat him. Thats why the idiot wants to ban postal votes, since he knows his base will always get out and vote, but not so the Dems. Biden isn't a good contender, and has many failings, but, anything other than a true idiot. Apols for off topic, but it does have much relevance on future USA Energy Policy.

The H2 production company, SGH2, mentioned in the article, has, I believe, one working/trial plant at a Military facility in USA. The big red flag for me is the working temperature of 7000dF. This is far higher than than the gasification temp. in the DMG plant. 7000dF requires a considerable energy to achieve, and some very expensive refractory materials to contain that heat. I believe. as previously stated, that PHE should spare no expense in getting a foothold in USA now for DMG technology. Trump is promoter of all things Carbon, and is in the pocket of Big Oil, Coal etc in USA, as is most of the republican Party. Once a Democratic President is elected in November, the 'green' Obama policies will return, and H2 will be at the forefront. The Red Flag for H2FC vehicles is the cost of FC. With 'high cost' investments such as HGVs, ships, locomotives, then the cost is proportionally much less, and less prohibitive. Alas, with cars, it is the major expense. I'm sure much of the price is manufacturers 'profiteering', When there are more incentives to mfr FC vehicles, and more competition in mfrg FC's, coupled with the inevitable cost reductions through better technology at time goes on, then I can see FC vehicles the 'go to' option in the Western World.

Yes Indeep, I'm sure that the success of SOU, for us SH's is very much 'fingers crossed', since there is nothing we can do, except exert some pressure through the efforts of Trellis and SAG, and more importantly by exercising our votes. Every SH, should be in contact with his/her agent, to ensure they have the necessary forms to vote at AGM/EGM's. We have about 60% and if we do not exercise our right, the proxy on our holdings will be exercised by The Chair.
The 'inactivity' at SM is baffling to all of us. Over 2 years on a Farmout, with 'many interested parties' and nada. It's a binary play, either it's worthless, or there is 'behind the scenes' activity to secure it as cheap as possible. This would mean there is again subterfuge at BOD level, which, with GL I would be very surprised and disappointed to learn.
There is however, no need to 'cross fingers', I believe, on the gas in place at Tendrara. With a 1km salt cap, the geology, the location, it would be surprising if there were not many more Horst discoveries to be made. The big question is by whom.
Where we do need to 'cross our fingers' is in the hope that there are no nefarious deeds to be done to acquire our assets at give away prices. We can exercise our voting rights to vote down any unacceptable offer, but if the BOD cannot finance the business, then bankruptcy is the inevitable, and all the major player can divide up the spoils. So for me, it's fingers crossed that Graham is an honest dude.

TruthfulO.
A little of what you wrote earlier;
' Afterall his pay packet was linked to the share price performance for quite a while, and when the remuneration committee realised the share price cannot be driven by their own hype, they resorted to implementing other performance measures to ensure their troughs remained full. None of these bonus payment related performance measures were disclosed to the market or investors - not even when questioned.'

I did mail the Chair of the Remun, Comm. re bonus payments - no reply. I mailed to The Failure, and said that he was 'independent' of RC judgements. I asked him to inform me of the parameters of the award scheme. he replied saying that this could onlt be done to all SH, and not just to me. I therefore asked him to release a RNS giving details of these parameters. No reply.
So, if any poster thinks your comments about The Failure are a little harsh. I can testify he's mislead everybody, and will continue to do so in whatever company he's in., and it was 'all boys together' to feather their own nests. I wish him nothing but bad luck.

It's no surprise to me to see the sp moving in the right direction. The main reason I believe, supported by the new optimism on BB's, is what I have been posting for several years, and receiving much flack from posters who now agree with me, is the main man is an OnG man, as opposed to a bean counter, and as it transpires, his 'great strength' was as a negotiator, and he was shockingly poor at that. However, The Failures disciples are still here, with only one Judas to my knowledge, and no, it's not him I shall refrain from naming, good riddance to bad rubbish. I can hear the disciples sharpening their lack of wit now. As Trellis has warned us, it's a long, rocky road ahead, but there's an appetite at Board level to implement plans for a successful future. As others have commented, a MCap of less than £20M must look attractive to suitors, but nothing has transpired, and although the 'part' sale is still under consideration, with a 'lack of interest', the way forward is to 'go it alone' and retain our 45%ownership. Remember when I was advocating this 'go it alone' approach after The Failure notified us of his 'deal' (lol), He who shall not be named, was saying, 'can't be done, what about the dilution, Tendrara needs a Major', and his usual bull s**t, and his mentor does a deal with an unlisted company with no cash. You couldn't make it up. But, as poster said earlier, lets not mention The Failure and his cohorts again, it leaves a bad taste with most of us.

Thanks Trellis for good work. No need to make comment on his detractors.
Graham is an OnG man, and such a welcome relief from the previous a hole, The Failure. Where The Failure, and this is surprising, since he was allegedly a bean counter, was eager to issue shares to pay bills, etc, with the obvious, damaging, long term effect of dilution, Graham , rightly, sees equity raise without dilution, as a much better alternative.