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Tower CEO gives give operational update on Njonji development well Watch Here

Exclusive: InfraStrata CEO confirms 6 parties interested in offtake agreements
Tower CEO gives give operational update on Njonji development well


Afc Energy Share Chat (AFC)



Share Price: 5.60Bid: 5.60Ask: 5.74Change: -0.07 (-1.23%)Faller - Afc Energy
Spread: 0.14Spread as %: 2.50%Open: 5.64High: 5.72Low: 5.60Yesterday’s Close: 5.67


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RiskyBusiness1
Posts: 692
Opinion:No Opinion
Price:5.67
If
Today 11:38
they don't get the longevity then reducing manufacturing costs further will be key. Also what about the water element this never gets mentioned. I really don't know why but this seems to go under the radar.
 
richlist
Posts: 154
Opinion:No Opinion
Price:5.67
RE: Longevity
Today 11:15
Yes Daz, the difference between electrode longevity alone and in the stack is an 'elephant in the room'.

I was not sure from the AGM presentation whether they really decay faster in the stack, or whether testing had not gone on for long enough to know. For single electrodes they seem to have a way of 'accelerated testing' which predicts how long they will last while testing for a shorter time than two years. This may not work for electrodes in the stack, so just takes them longer to know.

However, the recent update did say this.

Electrode manufacture: recent test data has indicated that the partnership with electrode manufacturer Industrie De Nora will lead to significantly lower build costs for the fuel cell while increasing the longevity of the electrodes. The composition of electrodes for commercial deployment is now being finalised in anticipation of first customer shipment to Southern Oil.

· Flow plate and stack manufacture: the selection of a manufacturing partner for the production of the fuel cell flow plates is at an advanced stage and the Company expects to provide an update in the coming weeks. The Company has completed the plate design to optimise flow of gases and liquids to the electrodes.

AFC Energy has established further improvements in electrode longevity and cost reduction through its joint development activities with Industrie De Nora and is in the final stages of confirming an electrode pairing for the Southern Oil project in Australia. These electrodes are expected to be supplied by Industrie De Nora to AFC Energy in Q1 2019, subject to agreement on the terms of a Strategic Electrode Supply Agreement.

The Company expects to finalise its appointment of a mass-produced flow plate manufacturer by the end of 2018, following an international competitive tender. The process is expected to result in further cost reductions on a "per part" basis relative to earlier cost modelling conducted by the Company and reinforces the decision by AFC Energy to outsource this key manufacturing activity. The design of AFC Energy's new flow plate has all fuel cell components integrated within a single sub-assembly, which is expected to deliver not only material improvements in system performance, but also a more streamlined and robust quality control function to help eliminate potential failure modes.

Any reduction in costs is as good as extending longevity for the final cost of the product. They also say they have improved flow of gasses/liquids over the plates. That could mean that electrodes last longer in the stack.

You are correct that it would be nice to have a number for where they are now, but perhaps if that is improving all the time they dont want to be specific. Certainly, if they have improved cost/longevity from the AGM they must be below the 10c mark by now. That must be low enough to make a competitive product for some applications.
chippyjo
Posts: 2,669
Opinion:No Opinion
Price:5.67
RE: PR
Today 11:09
Think these two PR guys were the unnamed investors?
Daz9643
Posts: 106
Opinion:No Opinion
Price:5.67
Longevity
Today 10:04
I had a discussion on here with someone some time ago and disputed whether we had even achieved 2 years yet, they said yes, I said no. I've just looked back at the 2018 AGM and it mentions >2 years on small scale systems, and well in excess of 1 year on large scale systems, therefore I'm surprised there was no further mention of this in the recent update as it is fairly key to the whole system.
richlist
Posts: 154
Opinion:No Opinion
Price:5.67
RE: PR
Today 09:41
I found an advert for office space at the TUVA address of Monument Place, 24 Monument Street EC3R8AJ.
I did not find a raft of companies using a letterbox as their registered address as you sometimes do.

A 90 sq m office space there cost £100,000 a year in rent and £29,000 a year in rates.
If they are renting an office there it could be a smaller space, but it doesn't look like they are setting up in the spare bedroom with a shoestring budget. They seem to have an impressive shopfront and look like they mean business.

I doubt someone like Julian Tanner would start a business with James Kennedy unless he had confidence in him. Nor sign up to a costly office without confidence their business can pay for it.
sharesport
Posts: 1,206
Opinion:No Opinion
Price:5.67
RE: PR
Today 09:13
The change of PR approach is interesting particularly with a general commercial update with several strands having TUVA at the bottom of the RNS. Lets hope we can push on from here and get this over the line.
mucksy
Posts: 2,165
Opinion:No Opinion
Price:5.67
RE: Powerup
Today 08:55
Was ment to be a smiley face but obviously cant do them on mobile
mucksy
Posts: 2,165
Opinion:No Opinion
Price:5.67
RE: Powerup
Today 08:55
Ok itsallBill 😀 we probably last to see them unless its some of the ones we have already seen fro couple years ago
ItsallBull
Posts: 502
Opinion:No Opinion
Price:5.67
RE: Powerup
Today 08:41
Mickey!...i meant Mucksy 😊
ItsallBull
Posts: 502
Opinion:No Opinion
Price:5.67
RE: Powerup
Today 08:39
Mickey, I am assuming the images are to follow and a later date, but when, your guess is as good as mine.
BumbleB
Posts: 6,908
Opinion:No Opinion
Price:5.67
RE: Powerup
Sat 23:03
This was the last one. I don’t remember seeing it, but could have missed it. I assume the pictures are in a report sent to eu.
mucksy
Posts: 2,165
Opinion:No Opinion
Price:5.67
RE: Powerup
Sat 22:05
How fo you get to see pictures as it says on fig 1 south view etc
mucksy
Posts: 2,165
Opinion:No Opinion
Price:5.67
RE: Powerup
Sat 21:57
The final power up project was posted mid year is this a different one ?
BumbleB
Posts: 6,908
Opinion:No Opinion
Price:5.67
RE: Powerup
Sat 21:32
Me neither Itsallbull. There should be a poster on the Alkammonia project next week.
Notes
Posts: 1,491
Opinion:No Opinion
Price:5.67
Strange trades
Sat 21:11
Showing on ADV_N at the moment... loads of single figure trades @ 10p range..?
iWantThatOne
Posts: 635
Opinion:No Opinion
Price:5.67
RE: PR
Sat 20:18
Great info Richlist. A PR company that intimately understands what a battery is and how AFC’s world works must be worth its weight in ...., well, hydrogen.
Eddietheo
Posts: 783
Opinion:No Opinion
Price:5.67
RE: PR
Sat 19:53
* their!! You can see why I would never be a PR a man!!!
Eddietheo
Posts: 783
Opinion:No Opinion
Price:5.67
RE: PR
Sat 19:52
Well done Richlist!! ... perhaps there first lesson should have been to tell BOD to announce they had been appointed!!!
ItsallBull
Posts: 502
Opinion:No Opinion
Price:5.67
RE: Powerup
Sat 19:39
Don't remember seeing that one BB.
BumbleB
Posts: 6,908
Opinion:No Opinion
Price:5.67
RE: PR
Sat 18:14
Richlist, I am impressed by the description of Tanner in your link. New company, I would go easy on the criticism. I wonder what AFC is getting? Better value for money, and or improved understanding of the subject matter?
athansius
Posts: 177
Opinion:No Opinion
Price:5.67
RE: PR
Sat 16:06
Thanks from me too Richlist...that's really useful research.
BumbleB
Posts: 6,908
Opinion:No Opinion
Price:5.67
RE: PR
Sat 15:39
Thanks richlist
richlist
Posts: 154
Opinion:No Opinion
Price:5.67
RE: PR
Sat 12:46
Hmm,
So if it is these people, they are a new company registered a few days ago with two directors,
Julian Stephen Guy Tanner aged 55 (60%)
James Donald Sim Kennedy aged 35 (40%)

Julian Tanner looks impressive.
https://innolith.com/#innovation
Currently CMO of innolith, but has a degree in chemistry, wrote a book on International Public Relations, was founder of Axicom, grew the company and worked for large clients. He sold this company to WPP but stayed on as CEO until 2016. He is now CMO of Innolith, a company with a novel large scale battery. Looks like he already has a job, but perhaps he retired too early and wants a new big challenge.

James Kennedy
Has worked for Axicom and is on Linkedin as a self employed PR man. Looks like he has worked on campaigns for big companies.
https://www.linkedin.com/in/james-kennedy-3603277/

They could be a formidable team.
Notes
Posts: 1,491
Opinion:No Opinion
Price:5.67
RE: PR
Sat 12:06
Right so our new PR fella’s name is Julian Tanner at TUVA and his mobile number is 07733717995... I’m going to text him now and let him know how ****e the website is and if he has any idea when I’ll be rich...
It might get things moving if we all drop him a line... a bit like an AFC suggestion box.
I bet he changes his number by Tuesday LOL
Notes
Posts: 1,491
Opinion:No Opinion
Price:5.67
RE: PR
Sat 11:45
He had a feather quill in his top pocket at the AGM and there was a distinct whiff of pigeon... LOL




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