Member Info for Wabu

Rumours? Cannot see anything on here, no RNS and nothing I can find on Twitter . Maybe some good news tomorrow?

Dr.Anomaly. It's funny how people start insults so quickly. Its not guesswork! It's physics/ chemistry. I wonder why I bother to try to help. Also the figures of Hydrogen are right off PHE brochure! They say out of 35T/day of plastics they get 2T/day of Hydrogen. WHich is about 6%. WHich is probably realistic.
Just look at the chemistry. Let's pick some popular "plastics": Polyethylene (PE) is C2H4. PVC is C2H3Cl. And PET is C10H8O4. A MW of 28, 62 and 192! With such tiny amounts of Hydrogen. So at best PE, the amount of Hydrogen in PE is 4/28th! THERE IS VERY LITTLE HYDROGEN IN PLASTIC.
I am an engineer and have lots of experience with reforming methane and this is a very energy intensive and expensive way and the only "waste" being carbon, which requires sequestration, and a load of other chemicals that is mixed in the feed.

To my mind the way to deal with waste plastic is to keep the Carbon locked in the polymer and re-purposed into something else. After all the plastic molecule is very stable and takes hundreds of years to break down, which is why plastic waste is such a problem to the environment.

I would be pleased to accept an apology Dr Anomaly or please feel free to correct me. Please note how I have not resorted to insults but just facts and chemistry.

There is very very little hydrogen in Plastics. By their own data there is 8% of the feed stock of waste plastic is Hydrogen. Hydrogen has no market at present except they can inject it into the National Grid gas network. But has to be at high pressure and very clean. This is very expensive and energy intensive. They mainly make electricity... and many of these small power stations are not economic. The main problem is they release the carbon to the atmosphere as CO2. SO they are not even environmentally friendly. I wish them well and hope you investors succeed as I am an engineer and this is what I do for a living, but they need to be more honest about who is going to buy their technology.

TBH I am thinking of selling, AIM seems to yo-yo so much these days, it's tempting to day trade! So I guess are lots of others which just exacerbates the yo-yo!!

are we due a report? I see last years was on 10th Dec...

All we hear about recently is the money spent by the government n PPE and I trust Autg was actively selling the masks as a british supplier

I hope they sold all their masks as suppliers to the people who got the orders, when all the money was flying about!

Adrianz, thanks. So like a "lease" for the right to extract?

I am a long term holder and suddenly I see talk of a court case. What is it about? Can't find an RNS on the subject.

I have £3k in this "share", does anyone know how many shares were issued in Lionsgold? Whilst this tally thing goes on they are just spending our money without ever asking us! I guess it's marginally better than going bust!

Not with a debt of £250M! They will have to dilute with a share issue I would have thought. But a well organised one can send the shares flying EG Rolls Royce?

Gosh a sensible BB. I am a holder of SHI as I believe it is undervalued but the elephant in the room is Brexit. Corona is still not fully priced in IMO. If you walk round the high street nearly all business is doing badly. working from home is going to massively affect the commercial property market. Is aerospace every going to recover? Oil and gas is going down. Then Brexit is going to massive and devastating on all international businesses. So what is left? Yes, very undervalued builders in the short term and Pharma. I was in lots of builders but sold out at a loss. Sold out of Oil and gas at a loss. I am waiting for a FTSE drop to reinvest like I did in April this year and so I have saved my SIPP from disaster. So the question is, will SHI rise before the inevitable fall with the rest of the FTSE in November/December/Jan?

I have way too much invested and the thought of "averaging down" makes me feel ill! If they can get the oil out of the ground how do they get it to market? There is no pipeline and no train line, so only trucks? 1500 barrels a day is like 10 trucks a day. Is that really a strategy for a large oil company?

I sense doom, will this ever be re-listed? Has anyone called them. email address?? I lost everything on Tally. I wonder why I bother with AIM

I am a holder but every night the SP shows as a rise of 10% then drops again. Could do with some idea of what sales of the masks. But sales in the car industry are picking up abroad i heard.

what does TSI do? They have a few investments, what do the directors do to justify their pay on a daily basis? In the accounts they paid themselves £191,000 in 2019. To do what? Their twitter account is suspended. There is no email address to contact.

The problem is that lots of shareholders got lots of shares at 5.5p a few weeks ago in the funding and so 7 or 8p is a nice profit on those shares, so take it. I know I did.

Can I ask two questions on the long term viability of CASP?
1. Is the oil/ gas sweet or sour (Sulphur content?)
2. Is there any real demand for "new" oil in expensive parts of the world in the light of global warming and the vast known reserves already supplying?