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Hi Bumble, what purity of methane would be require for said applications? Old landfill sites have it that do not have grid connections or the volumes have dropped and running engines on site has become non viable ( just thinking aloud)
Hi - to be clear, I don't think anyone has disputed that H2 direct or ammonia can be used to supply the units. It should be a case by case decision. Clearly if you have a FC unit in the middle of nowhere supplying a phone mast for instance, then ammonia could be the most economical solution but yes, it'll come down to transport costs (not very often in this scenario) plus cost of cracker versus local site with easy access to H2 etc. I suspect each application will need to be analysed on a case by case basis.
Good to see some recovery today. I suspect a bumpy ride over the next few weeks until we get covid-19 under control.
Andle,
Absolutely!
They also have options to upgrade to Ammonia at a later date, once they've proven it on Hydrogen, or as they increase the size of their EV fleet.
Haggis.
I know what your saying there. AFC can supply a charger now for both scenarios or I’m guessing change an existing charge point to suit the cheapest supply method.
Hope the Dow recovers as don't need a freefall by tonight.
ITM also up, so a sector thing but we need a improved market conditions soon.
Energy sector like this shouldn't really be effected too much but you could see yesterday that it's sentiment overall -- ho hum
that's a unit trust not Shroders plc - give up -- or maybe they are as they are noth the largest....
Both names ( not AFC though)
Schroder Unit Trusts Limited (are or to be 10,786,304
registered in the name of Chase Nominees
Limited)
Schroder Investment North America Ltd (are 12,004,422
or to be registered in the name of Chase
Nominees Limited)
Must do some work soon.....
I did notice Chase and wondered if them, but couldn't work it out
But notice in another company this wording somaybe the same here?
Schroder Unit Trusts Limited (are or to be 10,786,304
Yes, coudl easily be the spike, soemthing big happening it seems in ownership
registered in the name of Chase Nominees
Limited)
Mucksy,
You said "majority shareholder".
If they got to that point they might as well go the whole hog and buy the rest of the company off the minority shareholders, us.
I don't think denora would buy outright as may have conflict of interest with some of there electrode customers
I can't even see Schroders listed here --- very confused ha
https://www.afcenergy.com/investors/aim-rule-26/securities/
muscorum, sorry
muscorum. maybe I read it wrong probably have...
Wed, 29th Jan 2020 16:21
Position of previous notification 10.087%
Resulting situation on the date on which threshold was crossed or reached 9.971%
Mucksy,
"I'm hoping that denora want a piece of afc and maybe they will only do as a majority holder"
In that case they'd buy it outright, and we would be given our money and told to take a walk.
Direct can mean held in their own name. Indirect can mean held in a fund or trust where they are a beneficiary.
Plus Schroders did as well last week --- what does direct and indirect mean. Indirect, one company to another and direct sold into the market?
I'm hoping that denora want a piece of afc and maybe they will only do as a majority holder
RA has between 6-6.5%. Once below 3% he'll go off radar...
Still the Russian contingent supported the company when it needed it most I guess, so we have to thank them for that.
Have they really sold that many shares - how many does Abramovich now own? Can't make out why he would be selling now after all these years with the future price.....
Aloso, that "gap" that came up at 26p before the surge up last week, there have been two more since but they mean nothing to me....anyone else?
I appreciate that but i have seen it before on news flow that sp rises and a large seller pulls the sp down what we really need is orders and even then it will need a hell of a lot of buys to offset all of ra shares of he wants to offload them
Haggis ....I thought the costs quoted by AFC were assuming the fuel cells will be running on Ammonia .....i maybe wrong .
muscorum,
One where an Ammonia cracker makes the cost of charging too expensive.
It's up to the accountants to work that one out, based on the cost of 'off the shelf' Ammonia crackers, plus Ammonia, plus cracker annua maintenance and wear part replacement.
Tinlode, don't get your knickers in a twist about BS being spouted though ;)
Hydrogen filled balloons, like Hindenburg, vented hydrogen when landing and height control, even back in the 18th century. I don't think any vented hydrogen burnt in air!!
A lot of false unqualified hot air going around about its danger.
Able,
What you are clearly missing here is that I'm not trying to get AFC to change anything, I am saying that Ammonia won't be practical or financially viable on smaller systems, but where space is available and bigger systems will be used it can work, but is still a decision that the buyer will make.
Suppose a site is on an industrial estate where Hydrogen is available, but the nearest Ammonia is 60 miles away. It may still make sense even with a bigger system, to use the locally produced Hydrogen. The decision has to be for the buyer, as it is they that will be paying for the fuel.