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Thanks richlist, slide 21 of presentation. Still there.
Bumble B and Eadwig,
Yes, the £5-10,000 per Kw price range for the current size of EV charger was mentioned last Friday in the presentation. Unless the presentation on the website now has changed the info in the slides it should still be in there.
I suspected some of the Friday presentation info might have been taken out though, so it may not be there now. Not sure about this.
Bumble B "Eadwig, the £100k per 20 kW system is supported by the WH Ireland broker note Nickel Investor started copying onto this site yesterday"
Ah! Well I am here looking for that after your post on ii alerted me to it. So many different threads its hard to pick things out . The search continues
Eadwig, the £100k per 20 kW system is supported by the WH Ireland broker note Nickel Investor started copying onto this site yesterday. It refers to a cost of £5,000 per kW. Multiply that by twenty and you have the £100,000 figure. Was that figure mentioned at the investors day last week richlist?
Richlist, " it must take a bit of time to arrange funding and sign off on £100,000 "
Many of us are thinking that council fleets and use in park and ride etc would be excellent customers. They would not only need plenty of cash in their capital budget (likely long ago assigned elsewhere) but they are also required to put orders of this size out to tender to a minimum of 3 suppliers.... I'm not sure what they do if there aren't 3 possible suppliers.
I'm guessing we wont see any orders from the public sector until next year, I.e starting April and even then cash-strapped local authorities may well need additional, probably ring-fenced, funding from Westminster to allow for this type of outlay.
I haven't read the AGM document, but i can't imagine that is where this price has come from. Can anyone direct me to a source for these figures, please? (My experience is AGMs are all about voting on resolutions and little else).
Morning Haggis, whilst the small charger is completed and the medium sized charger is sufficiently completed that they can predict a launch month, it sounds like there is still a bit of redesign work to complete on the 400 kW ev charger, which will have different sized stacks, according to the presentation last week. The income is going to come from the larger models which can charge more vehicles so this work is not to be dismissed. After that the next priority will be on getting the high power system finished and the diesel generator replacements designed and tested.
BumbleB,
The work to get the EV Charger ready for the release and multiple presentations would have used up all of the company resources. That's done and dusted, the charger is off soon on its roadshow. Staff can get back to other work such as the flow battery, because work on the bigger EV charger versions won't require all of the company resources, it's long term stuff.
13thmonkey
If they draw down any cash from the facility, they MUST put out an RNS because the drawdown facility is convertible to stock in the company. That would be a regulatory requirement
There has been no such RNS, therefore they have not drawn down any cash from that facility.
Correct ....it was my error in my previous post about Stamford Bridge ...sorry for the confusion.
Klunk - RA= Roman Abramovich
Yes that is true Notes but there is still just under six months of work to have them ready for sale
I know some of use are commenting on comments, but the original link was to an april 2019 presentation, not december.
Seance. The models we saw on Friday are around the £100,000 mark somewhere. The 40 you want will be available for delivery in June, but better get your order in quickly if you want to be in the first batch.
Seriously, it must take a bit of time to arrange funding and sign off on £100,000 and if even limited planning permission is needed people may want to get that sorted before committing to signing anything (although a contract could be subject to planning permission I suppose). I don't think contracts will be instant even if customers are very keen.
RA
Guess so ...maybe RB can insist his players and staff use EV s...
I believe that they have stated that stadiums could be an EV charger target site ?....any body know if Stamford Bridge have any EV chargers in their car park ?...just a thought .
Cheers chippyjo, lets see what the next few trading days bring!
Haggis, re not taking anything from the draw down, that was 7-8 months ago, but I don't recall an RNS on the subject.
Seance, the moulding tools for the flow plates were described as satisfactory a few weeks ago. I don’t know if that is good enough or if improved moulds would be better - and they could have been delivered now. The stack compression tool is still being worked on by GB Innomech.
seance, tooling was procured at a cost of circa £200000 and samples were deemed satis. Just needs the order i guess.
Haggis, I welcome your enthusiasm, but the ev charger is not finished yet. The small system is ready, but the ore commercial medium sized model will not be available until June and the larger one a year later. After that there is the Hi Power Cell in 2022. The other half of the hydrogen battery seems likely to involve sorting out the electrodes for the old lower power systems, they don’t have a warranty yet and De Nora have work to complete on this.
Exactly, roll on tomorrow then, or Thursday! Are the flow plates ready for manufacture?
Chippyjo,
The Hydrogen Battery should be along very soon, now that the EV Charger is finished.
As for orders, there were over 50 companies represented at last week's presentation, that's 50 buyers that were interested enough to send staff to the presentation. You can bet there are way more that didn't attend the presentation because it was inconvenient, or too far to travel, or they couldn't spare the staff, etc.
Out of all these buyers there MUST be several that will order very soon, once they have the budget signed off by senior staff. Contracts could be in the post today if these buyers are in a hurry to get their own fleet EV charging in place, which I think is extremely likely.
If there are no orders, it may put the BOD in a difficult position. They have headed down this path and shareholders will expect to see orders based on their market research.
Seance, of you want 40, and are not just throwing in pedantic meaningless comments that you know full well nobody here can answer with 100% conviction, as the people that can and will, phone AFC.