Europa are delighted to link with I3E and look forward to early September Serenity appraisal spud. Watch the full video here.
Excellent video, highly informative and enjoyed viewing the trenching . Does anyone know if they go over the exposed surface quartz with a metal detector given the very nature of how the gold in this region is found in pockets within the quartz.
Yanis - Post 8:53
There are some fair points in your post but I doubt splitting the RNS's would have substantially altered the current share price. I am well aware of GGP and its RNS's. For me GGP and Alba are not in the same place but I also accept that for others they would take a different view to mine.
Whilst I like to be kept informed, I take the view that when a company issues too many RNS's then this can be detrimental and introduce investor fatigue and a cynical view relating to the desperation regarding a company. A company should know its likely news flow and sometimes things are packaged together so that when the real earthshattering news is released it is not just regarded as another bit of spam but has impact.
Of course, as investors we will have diverse attitudes which is good as it can provide discussion. In my case I am very happy with ALBA's RNS's but understand your point of view.
I have been impressed at how ALBA has gone about its business during 2020. I find the RNS releases informative both about past events and also future actions planned to be taken. In fact, I would say that some of the RNS's are some of the most informative that I have read. I am neither a geologist or a mining expert but the ALBA RNS's have made it easy for me to understand what and how they are identifying targets and future possibilities. I wish some of the other companies I am invested in were as transparent. The share price has dipped but for me this has represented an opportunity to add to my existing holding. Due to the nature of the gold pocketing in this region, I have been more concerned with the length, breadth and depth of the quartz than anything else, exactly what the company has been investigating.
I would assume that most of us would always want additional information to make our investment decisions but a company can only disclose so much. On that basis I consider ALBA PR to be pretty good. All investors can close the gap in their knowledge by undertaking their own research, sometimes this takes you to places you never had thought about before. I know that every day I am still learning whether it is reading up on quartz, various potential mining techniques, or just how reliable the stone crusher is likely to be.
Like most on this board, I am looking forward to the sample results being announced, and hoping that they meet my expectations.
Kenny100 15:39 - I agree with you but my fear is that this will not be as co-ordinated as it could be. DEFRA, Environment Agency and it Scottish & Welsh equivalents, also Councils need to understand the technology and the process. With a co-ordinated approach to planning, licencing, permitting and construction this could be fast-tract but it will not happen without positively pursuing this route and being proactive in the process rather than allowing things to happen piecemeal.
jackthe 14:09 - I suspect the £500k licence fee is for contract one with Peel and the UK market. Once the first DMG is proven, then I would not expect the licence fee to stay at this level outside the UK. The licence fee should be variable depending on the market, demand and the ability of the PHE sales team to maximise profits for shareholders depending on the ability of PHE to provide sufficient technical employees to deliver in a timely way to match demand.
After the first DMG is proven to work then the DMG will have been de-risked. In effect I would expect the licence fee for contract two and each subsequent contract to increase in value either with a higher fixed licence fee or/and a percentage of turnover. Peel and its finance partners should make significant profits from the DMG but they are taking the initial risk and have probably been able to exploit this to maximise contract advantage in the UK.
I understand the need for PHE to provide Peel with a very attractive return on investment, however, I do not expect the licence fee to remain the same for non UK contracts, including where/if there are certain connections to PHE. PHE Directors will need to focus on maximising returns for all their PHE shareholders and therefore they will need to be market astute and realise the opportunities that will be presented.
IMO PHE should have a great future but DYOR.
Crocqman 10:48 - IMO very positive, strengthening the company and its opportunities. The only change I have been concerned at was DR but having given this some thought, I eventually decided that the change was a positive change. This is no reflection of DR as the CEO, it isn't. I have a great respect for DR and his abilities. The basis for my thinking is that PHE was running a very tight ship and DR would have been pulled in all different directions. A small but growing company, A huge job to handle along with the need for his engineering expertise. With DR relinquishing his role as CEO he can now direct/concentrate his efforts towards making the first DMG an engineering success and building a younger engineering team to eventually take over or at least expand the company with further innovation and increasing instalations. I am sure that this change will not have come about without its compensations.
As long as DR continues to commit to the installation of the first DMG then I am fully supportive of the changes. I would like him to continue as a consultant to PHE in the longer term, I hope this is what all parties from main investors to directors also envisage.
Dr.A - Good to know you are here as well.
I've been invested here for a few years now and have gradually been increasing my shareholding. The same applies to Quadrise. Both companies have appeared to struggle to get the correct technology and business opportunity over the line but I believe that they are just in the process of jumping over it and I'm looking forward to the future with them.
One aspect of Tomco that I am still unsure of is if they are continuing to explore any parallel technologies. Every thing appears to have gone quiet in this respect. Can anyone update us on this?
Depending on how the current plans go it will be interesting to see if Tomco looks to procure or obtain the rights to more suitable land either on its own or in partnership.
Mainmane - I am with you regarding Utopia, there was a distinct lack of info and my research wasn't very informative. If anyone can add to the knowledge base regarding this company and the directors I would very much appreciate it.
Regarding DR I am extremely happy to see him focusing on the engineering side again at such a crucial time in the process for Peel and PHE. He will have offloaded some if not all of his CEO activities and can now concentrate on getting the first DMG operational from the engineering perspective.
Dave I believe is in his fifties. Building a team (younger) and passing on knowledge and skills was always necessary for the forward ongoing future development and multiple implementations of the DMG. DR knew/knows this and I believe planned for this, thank goodness for timely forward thinking.
If I have any disappointment in 2020 regarding future DMG's it is that I am unaware of Peel submitting any additional planning applications. That said there was a lot of work getting the first application agreement and I suspect that a lot of work and liaison has been undertaken with various relevant planning departments prior to eventual final submissions.
I'm sorry if this has previously been posted.
Mkx007, I'm still here and holding.
No point on commenting at the moment except to say I am a little disappointed at the current Truspine SP. Saying that, I'm certainly not phased by the dip and the Truspine RNS release was positive and I believe still on target.
I'm in Prim for the long run and looking forward to the new BOD living up to my expectations. I'm not expecting any fireworks though.
LedZep - Thanks for the info, very useful. It will be interesting to see if the completion of the sub station is the catalyst for the finance package and initial infrastructure work to be announced for plot 10b.
LedZep - You have certainly been my eyes regarding the site, thank-you and please continue to provide the updates. Work may already be started on site before cctv or a delayed camera feed is put in place.
Two question regarding the site.
1. Is the site completely barren or has some infrastructure been added already such as electric cable supply and fowl sewer to the edge of the plot?
2. Is there any main trenching dug in the direction of the DMG from the electric sub station being built (on the site of the substation)?
Ijr1 - I think it has the potential to be more than that. I'll try and explain my logic.
The White family own c.26% of the share capital. They appear not to have sold any of their shares going into the last fundraise and why would they now?
The smaller players in W2T that wanted to cash in their shares will probably have done so by now leaving the more significantly invested via W2T to hold their balances looking for an even better payday.
There was always a small but significant number of PHE shareholders that can be regarded as LTH and although there may be some play within this group I suspect that many are holding their shares for the big bang senario. I'm here for the dividends.
If Peel is looking for partners to fund the first project with them and spread risk, the information that potential partners may receive could possibly trigger an excitement to be invested directly in PHE based on a risks returns basis.
Will Waste Management companies need influence or leverage if the PHE plant is successful. Where would they fall in the pipeline of UK rollouts?
As more information regarding the DMG becomes available in the public domain and the interest in waste plastics increases I would expect an ever increasing number of smaller investors to come on board. We are already seeing new posters claiming to have bought shares for the first time.
In addition PHE have extended their BOD with very specific knowledge relating to government and a wide field of contacts.
Don't underestimate this, especially with a Government that will need to find considerable revenue streams to finance an ever growing public debt. What better way but to find a jewel to work with. They probably just don't realise the true potential yet.
PHE are now on record that they believe they have sufficient cash to see them through. Therefore the source of new shares via the company is drying up. The only new shares should be sources and reasons already known and are in the public domain. I do place a small caveat on this as there may be additional shares provided to companies for contracts instead of cash.
Based on the above IMO the number of shares actually available to the market will gradually decrease as I for-see the majority of shares will be held in deep pockets.
If Peel commits fully before the year end, then I really believe we could see a couple of pence above 4.
This is not investment advice, it is only my own opinion.
Please do a bit more research around the DMG. I'm really not sure that mice have anything to do with the PHE plant. I think you may have been lured and taken a nibble at the Stumble trap.
On a more interesting note I have been fascinated at the apparently slow marketing of DMG in the USA. I can understand that there are huge issues with potential liability if something went wrong but why have we not managed to find a large partner willing to lead this?
Has anyone got any valid explanations that maybe I have missed? I'll be very interested in any brainstorming around this point.