PCE pinnacle vrb limited

FFHappy to chat, but lets first clear the air. The hc community...

  1. 40,150 Posts.
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    FF

    Happy to chat, but lets first clear the air. The hc community is varied to the extreme ... some timid souls soak it all up in the shadows without ever posting ... some talking heads have blasted through 30,000 personal posts (most being of dubious quality, although Goblin should remain anonymous lol)... some have poor expression but great ideas ... some have great tips .... and others you can sense are just fine people ... we are an eclectic (sp?) bunch. So, tolerance is a good thing maybe.

    Your questions:

    1) "should PCE have bought the UCG project ability without the technology itself (albeit that it seems Ergo are now on PCE's side)?"

    Definitely I say ... management of penny dreadfuls are a waste of space and opportunity if they are not open to business opportunities wherever and however they present. They should be grassroots innovators and shouldnt be afraid to make mistakes. Grasp an opportunity (eg ucg) and make make it happen (eg deal Ergo in) ... Field of Dreams sort of stuff.

    2) "will DR Len actually do more than ensure his stake comes out of escrow and make all shareholders extra value and (finally for now)"

    On balance I would say yes ... Its been his life's work I recall and he seems prepared to back himself ... if his work at Linc was flawed, why would Ergo rekindle the relationship? I think it unlikely that they view Dr Len as a soft touch for a few million dollars in project fees ... It would make more make sense to me that Ergo should have a long term view to earn ongoing licensing fees for a long term viable project.

    3) "what's it going to take to get a more realistic value into PCE than current rock bottom lows. (At todays price even a simple VRB distributor like PCE was looks to have been valued more highly. For evidence take the issued capital and a respective share price and you get around $10 million for the VRB business alone, and $7.5 million for BOTH the VRB business and the UCG business! UH?????)"

    The market probably is baulking at an apparently split personality being at the moment ... the market is dazzled in the PCE headlights at the moment lol ... at first take, batteries (albeit very expensive ones) and oxidising coal deep benath the earth doesnt seem too compatible, even though the stated aim is to use the VR batteries in conjuction with ucg power generation. My view is that ucg is capable of earning research fees, govt grants and industry backing and is scalable as a viable long term green energy source. Flog the battery business and concentrate on ucg I say.

    Cheers
    Poyndexter
 
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