Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The headline story from this week's Moneyweek Magazine is on 'The Hydrogen Economy'. No mention of PHE, but people are starting to wake up to Hydrogen being a fuel for the future and hopefully soon they'll wake up to Powerhouse Energy within this space. Once I've got a moment and have digested the article I will precise to this forum.
GLA
Yellow won't be able to tell you why.
You may Bec able to say with hindsight that you should have sold at 1.7p. But if you believe in the PHE story do you really want to relinquish your shares for 1.7p. It's a nothing statement worthless. We need to sit back and relax and let Powerhouse develop. GLA
Thank you. I would concur with your thinking. ATB Alan
Hi Myfirstmillion
Your post is a little ambiguous. Are the units you are using in GBP or pence.
Please confirm.
Thank you
Alan
Paul Ryan did mention Institutional Investors being interested in PHE in his proactive interview. This is bound to have an big inpact to the Share Price as they will want our shares. IMHO everything is shaping up very nicely here.
GLA
Onto the Operational Update from the AGM
https://www.powerhouseenergy.net/wp-content/uploads/2019/08/PHE-AGM-Presentation-14-August-2019.pdf
Another question is how much engagement is there with the UK and governments around the world who are committed to solving plastic pollution and climate change to raise the profile of the technology and what it solves worldwide not to mention the added benefits of it generating energy.
Thank you Stokey12
It will be interesting to see how the deal is structured, the percentage to Powerhouse vs the percentage to W2T and whether the companies have received some initial payments. What is the timetable/plan for delivery for the 11 sites. Is there any royalties from the usage of our technology i.e. Annual fees based on the amount of energy produced. Given the confidence in the due diligence what marketing has been done to other areas of the UK that need to deal with the waste plastic issue. How is the Toyota due diligence progressing. This AGM could be a game changer for PHE and show it's true value to the market. IMHO I don't believe that PHE is a £8M market cap company. Looking forward to seeing the AGM presentation and outcomes. Excited. GLA and all the best.
Starbuck And your evidence that gives this point of view. Only the board know whether Heron-1 will be plugged and abandoned. If you're right and there's oil below the surface then why would they be so quick to take this action when the delay could be easily resolved.
However you may have something that you want to share with this board. I look forward to your post.
Thanks for the reply. Still optimistic about MATD as result of the belief that HERON has oil. So in my mind Mike needs to resolve this as soon as possible and this will bring real confidence to the market IMHO. Hopefully this good news will materialise next week and we can continue the positive trend that was happening before Monday's RNS.
ATB to all long term holders.
I agree that we all need to stay calm and not jump to the wrong conclusions. It was a major disappointment for us all to see that Heron has been put on hold. It seems like there are issues that are outside of PM control. We need to sit and wait for the hold up to clear, we all hope that this happens sooner rather than later. The next RNS everyone will be on baited breath and if it's positive then I truly have gut feeling that Heron will strike oil and this has caused some of the current situation. I would like some form of communication from Mike that indicates how this is being resolved to give some positivity to the market and to leveate the concerns. Hopefully we will receive an RNS that the drill bit is turning and things are back on track.
Let's stay positive and believe in MATD as long term holders. Have a good weekend and good luck all.
Alan
Have just listened to the BBC programme and I can't help feel that Dave Ryan has missed an opportunity as there didn't seem much in the way of enthusiasm for the DMG technology and the impact that it will have on cleaning up the planet from plastic pollution. I feel that Dave Ryan was trying to communicate this when he talk about the world's rivers, however I don't think that he got this across to the fellow contributors to the debate. I still think that the work being done by Powerhouse Energy will be taken up as part of the solution to waste plastic once the technology has been fully proven. I think that we ultimately need someone who is more media savvy / business minded for PHE to really take off as a global company.
Just my thoughts as an investor and beliver in PHE. GLA
Interesting post and right to highlight to PHE holders. However what I will say is that PHE with a Mcap of @ £8M compared to ITM Mcap of £101M makes me think that when there's news flow from PHE, then the upside will be huge.
IHO GLA