It seems as though PowerHouse may have some outside influences spinning the company upside down. It appears after many years of building and running a plant in Munich, with plans to continue there with a slight re-location. All of a sudden it is the wrong place and Brisbane is the now the perfect sight. I wonder if a certain convertible loan note holder, made some comments, that effected the boards decision?
http://www.powerhouseenergy.net/IRM...ofMunichSiteRelocationofOperationstoAustralia
Not sure what the plans will be on how to use the syngas. Probable for electricity to start with, as it is quick simple and proven, but in the longer term for a commercial plant, CH4 maybe the most advantageous in Oz right now, but you never know the old GTL may also get dusted off?
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It seems as though PowerHouse may have some outside influences...
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