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PHE contracted MDKL with the build of a pilot plant, a full size plant and talk of a further 12 "full size" 2.5m kilns.
Q1 What happened to the completed MDKL pilot plant which was shipped out Aug 2023.
Q2. There must have been quite a plan in progress if a further 12 "full scale" kilns were going to be produced, what was/is the plan.
Q1
Patent - Australia funding- Castle
Protos - Castle/ Test Centre 💰💰
12p ,,,,,PHE GLOBAL
Never seen so much news on waste to energy / biochar etc etc. Seems like it's on everyone's lips and minds.
Surely phe can promote what they're about and capatalise on all the noise.
Again we agree Patx. There was the recent interview where Paul talked more about phe could be more raising revenue from licenceing and involvement with project / engineering work going forward as opposed to anything else.
Probably be something that will end up being whatever is the easiest and/or the most profitable.
Like you say, every council area will have a landfill with many places already having separated waste collection. Could in time a % of UK plastics end up in a place like protos where phe benefit financially.
Time will tell
A sizeable market indeed in the UK as every council in the UK could be approached if the trials are successful this is what I envisaged when I bought in.
Hi Red
This is what I've been saying about United Hydrogen for the past few weeks or so.
They are not a conglomerate in the true sense of the word.
It's all smoke and mirrors. I'm sorry to have to say that, but ever since I watched that interview with Richard Allan a while back that's the conclusion I came to.
Lot of effort made there red. I'm unsure what to make of the whole UHL thing.
It certainly looks like they are looking like a kind of "one stop shop" for all things hydrogen related.
I'd imagine, like anything else, some of the horses running under the UHL colours will do well, others might not. As for phe then their part is to prove their process, what becomes of the NH framework agreement we'll need to wait and see.
Going forward, I'd think if phe can concentrate on the UK market following a successful commissioning, with work/orders/contracts coming in then that's still quite a sizable pie.
I've been looking in to this for my own benefit, prior to committing to investing, so thought I'd share it. This is only my personal impression, I’m certainly not saying it is fact so please DYOR.
To me, it appears UHL conveniently have a named / branded company covering almost every market / aspect of the hydrogen industry; with a couple of duplications. A few seem to be more progressed and have employees; others appear to be shell companies with only a website and maybe not even a direct employee?
As an example - https://pwrh2.com/news/ – signed a deal with a Chinese Fuel Cell company for exclusive distribution rights. There’s one image on the website of the product (would expect a lot more), no sales info, no company reports, only one news story, no contact names, no updates, no PR and so on. To me it looks dormant.. There is however a buy it now button? The one news story reference the below:
“We are very excited to secure this PWRH2 deal”, says UHL Chairman Richard Allen” – thought he was head of NH2?
“….as it prepares to begin delivering products to market in Q1 CY24” – where are the sales?
“UHL is targeting $US500m in revenues in year three and will seek to take PWRH2/PHGL public on a global securities exchange within the next 24-36 months” That’s a lot of sales, AFC are planning £27m over 3 years – the FC market is not yet that advanced!
“With the first generators expected to be delivered to customers in Q1 CY24” I guess not, as the news would be on the site?
“as it approaches an anticipated North American listing in Q4 CY23” – This was 7+ months ago
When you look at the individual company websites, they’re all built from the same Wireframe (including United Hydrogens); same design, menu’s, links, landing screens, pop-ups, information and so on.
The sites mainly appear to have launched in 2023 but very little in the way of updates on most. Here’s just a few of the sites:
https://pwrh2.com/
https://purebiochar.com.au/
https://nationalh2.com.au/
https://buyhydrogen.com.au/liberty-hydrogen-profile/
https://patriothydrogen.com.au/
https://iconicev.com.au/
https://freedomh2.com.au/
https://voyagerh2.com.au/
https://unitedhydrogenlimited.com/liberty-hydrogen/
If UHL are pulling together start-ups or already developed hydrogen sector companies then maybe these businesses would already have an address? Virtually all are registered to 15 Lime Street.
All very strange. Maybe this explains the delays from NH2 committing to placing an order. If PHE have done any due diligence on them, they’ll know this and a lot more; but appear not to comment. One for the AGM.
I don't know if AUS have the equivalent of the Companies House Webcheck service, but it would be interesting to see the names of all the directors, owners and people with significant control or shareholdings.
Of course I may have got this all wrong, so please DYOR
Can't remember who, but someone posted a while back that the "seller" was not connected to the recent warrants.
Been a gradual fall since they were added to the market however, wondering if that is actually what's going on here as they are cashed in?
Does anyone know how this can be found out?
J
Well said, Jancux
Maybe it's just me, but if there are no relevant new facts, only private opinions without background are posted here. That has no added value for anyone. It's not a problem if nothing is written in a forum for a while. And especially not if there is nothing important to write.
Nobody can influence any stock price through posts in a forum!
Another £79k sell on the board last thing. This stinks.
Scooby
I'm not going to pretend my knowledge of PHE's revolving kiln extends to knowing about its association with biochar or not. So unfortunately I can't answer your question. There are other and better posters than me who can answer the intricacies of PHE technology.
I'm more focussed on the bigger picture which, if I'm honest, I'm more wary of now than I was this morning. The concerns I've had about the National Hydrogen tie in, and which I've been questioning on here now for the past few weeks, seem ever more relevant tonight.
Hopefully, someone with a good insight into the specifications of PHE technology and also that of Patriot Hydrogen can assuage any concerns about National Hydrogen going with their technology.
I can't help but feel Emmitt is being kept in the dark here. This is the downside of the chosen business model we now have: waiting on others to feed us information.
UHL are doing an IPO themselves, which muddies the waters even more about the NH2 financing; are they going to finance it themselves? I felt Williams looked on edge / guilty during the interview posted on here.
Might have been nerves and I am wary of how some city types make money out companies. Take SYME as an example, some on here may know it well, seems as corrupt as hell!
You can register for company and IPO info here, which might be of interest regarding UHL's plans. Seems they have will excluded castle from participating in it.
https://unitedhydrogenlimited.com/register-your-investment-interest/
Wonder what the difference is between NH and Patriot then Red.
Looks to be 2 businesses offering the same thing from the same conglomerate. I'll need to have more of a look out if interest at what all UHL is covering.
I don't know what others thought. But if UHL are the conglomerate head, and NH are part of that conglomerate I'd fully expect that to be the address for correspondence etc.
They are raising funds to progress their idea/business. Phe is part of their plan, in time if everything comes together there will be sites doing what they are selling potential investors.
Nothing strange with that, in my view anyway
National Hydrogen mention have a market for selling on Biochar, presumably others will
https://nationalh2.com.au/biochar/#:~:text=When%20hydrogen%20is%20produced%20through,way%20back%20into%20the%20atmosphere.
Yup each to, lots to contemplate. Until we've got some figures then trying to value anything is pretty much impossible.
Ps, if you think the kiln is close to your year 11 art class clay model, I'll not be getting you to fix my heating lol.
We have a framework agreement from a pokey little office. Not what most of us thought is it ?
I've alrrsdy looked last week after the UHL link surfaced.
Google map street view a great invention.
Ah, I see Patx.
Suppose an office only needs to be big enough for a few work stations, a meeting table, toilet and coffee machine lol.
At the end of the day it's a central business address, in these times of working from home I'm surprised it's actually so grand, must cost a bit to rent in Sydney city lol
Have a look for yourself
https://www.realcommercial.com.au/leased/property-15-lime-street-sydney-nsw-2000-504445412
It’s leased, is 133 sq mtrs floor space. Was expecting something more than that.
Hi Scooby,
I agree. A lot of noise on here which is entertaining at the least but very very speculative. That being said the investment as a whole is very speculative, massive risk but great potential for reward. Issues surrounding kilns, pricing, supply chain and not to mention being at the beck and call of the client for future projects. I initially invested due to owning a central heating business and realising that at the time it was looking like we would use hydrogen to heat our homes (still a possibility but probably not), manufacturers had designed pure hydrogen boilers, the trails that’s were taking place… then the business model changed regarding royalties moving forward and in all honesty no one has the answers to how much this will net powerhouse moving forward… there are no figures hence why I believe the share price is so low. I was looking at this for a 5-10 year investment and to be honest I do slightly regret not selling my investment to buy back in at what they are now, as I was 28k up at its peak…
I will be purchasing more but I do feel like until a clear plan with numbers and monies exchanged takes place, we will see sideways movement. 70% jumps in a day is not normal so I wouldn’t be stressed about the fall back. I initially thought it would drop back to a Penny after the huge rally.
It’s all a bit vague at the minute, potential projects and good news surrounding the business but currently nothing set in stone. Until money is exchanged and real contracts made, nothing is certain in life, other than death and taxes. Even the kiln is questionable, I’m sure I made a clay pepper in year 11 art in something not much smaller ;D