Member Info for Wolveshaveeyes

Happy New Year Kenny.

Please keep up the posting on this and other shares you have an interest in. I for one appreciate your posts and links, just as I also appreciate both for and against arguments that make me think.

BR

Wolves

Dr.A Have a happy and prosperous 2021.

I completely agree with your post 11:33 today. As a LTH I have watched my percentage share in the company be whittled away through various placements and the W2T takeover. I have been both included and excluded from some of these placements. When I have been excluded I have tended to buy additional shares on the open market to the value of what I would have invested direct. Whilst I support the need for raising these funds I object to how selective some of the raises have been as I believe they should have been completed as Rights issues. (I also accept that at times PHE may have struggled to obtain the full funding by just proceeding with this singular option.)

At the last AGM I voted against Resolution 10 as a point of principle and to send a message that at least one shareholder was fed up of being constantly diluted. My position on this hasn't changed and the BOD will have lost my backing if they do anything other than offer shares on the basis of a Rights issue if further funding is required.

Wolves

Hi Telephoneman , Happy New Year to you and all other LTH's and investors.

The warrant's that were provided to Peel could be exercised for about £10m limited by time. They are currently at a very attractive discount to the current SP. Assuming they will be exercised, do we know if the £10m is to be used for general operational cash burn or will they be used for R & D or investment opportunities?
ATB

Wolves

NFLT 14:05 - I haven't asked this specific question for several years, however when last it was asked I was informed that the tech could be smaller. The issue would be the economics of it being smaller in terms of feedstock and also monetary income streams. There are some waste streams with considerably higher gate fees but these also come with increased / more onerous compliance and monitoring. There may also be issues with the method of feed and a redesign to cater for specific feedstocks during gasification.

I suspect that once the first commercial DMG is operational a full review we be undertaken of the current DMG offering and the feasibility of a larger unit would be considered. It would be interesting to know if the Peel agreement has additional terms to it that the licence fee per annum for each Peel DMG increases in comparison to the DMG inputs and outputs.

Wolves

Castlepaul13 Post 07:38 & 10:42 - Your 07:38 post implied dividends in 2021. As there is only one DMG currently expected to be built and operational by the end of 2021, this implies income of £0.5m + engineering fees + misc. A year of additional losses? Dividends IMO highly unlikely for a few years yet but very happy to be proved wrong.

Thank-you for taking the time to explain dividends to me, professionally completely unnecessary in my own case but maybe helps some new investors reading your post.

Your 10:42 post included "Traders investers are not interested in dividends just a quick buck". This is again ambiguous as I agree with your sentiments on ST traders however LT investors will base their investment decisions on both increases in the share price but also dividends along with a whole string of other measures such as KPI's, forecasts, BOD etc.

Wolves

Castlepaul13 Post 07:38 - You wrote "We might even get a dividend". Please explain your logic to suggest such an action by PHE.

Wolves

Hydrogen cars - look up

HYDROGEN-POWERED MIRAI by a very well known multinational company.

Wolves

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.

Wolves

Frac-sand, link below worth a read.

https://geology.com/articles/frac-sand/

Wolves

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.

Wolves

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.

Wolves

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.

Wolves

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.

Wolves

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.

Wolves

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.

Wolves

PETROTEQ ENERGY ANNOUNCES THAT UPGRADES TO ITS OIL SANDS PLANT AT ASPHALT RIDGE HAVE BEEN COMPLETED

as per Petroteq website today.

Wolves

LabFan - Thanks for the link and now a couple of other posts make more sense to me.

Content & timing issue!

Wolves

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.

Wolves

LedZep - Fantastic news, another piece of the jigsaw being completed. As always, thank-you for the updates.

Wolves

I'm sorry if this has previously been posted.

https://www.siemens-energy.com/global/en/news/magazine/2020/repurposing-natural-gas-infrastructure-for-hydrogen.html

Wolves