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Whatever Git. Bend it how you like.
Or look at it another way, Daz could have assumed that you were responding to their last post, which is entirely logical and reasonable….being able to spin the situation to fit your narrative takes some kind of weird thought pattern, but then again, you still believe what the company says, so I rest my case….
Pommygit,
I see that JeffMills has not posted on ITM since he got all his posts ramping ITM on this board removed on Tuesday, so hopefully permanently banned.
Now I find it extremely interesting that Garonne is now ramping ITM on the ITM board, go see, right after JeffMill's last post is Garonne's.
So I conclude that JeffMills is the same person that posts on here as Garonne. And now it appears he is also Daz. He is probably Ade1234 as well, in that case.
I'll try.
I replied to Garonne who said "Looks like yesterday's event was a damp squib despite haggis' weeks of telling us it would mark. a pivotal point" Accidently to Daz
Who replied with "About 15 years of experience being an AFC investor Pommy !"
Leading me to conclude that Daz/Garonne are one and the same poster. Why would Daz answer for Garonne?. Obviously the question was for him
Pommygit
Can you explain the bit about Daz having two user names please, as I just don't get it....You posted referring to Daz, and Daz responded. You said you meant to direct it at Garonne, and in some parallel universe, your mistake indicates that the person you directed the comment at responding means that he's someone else in disguise......That all seems a bit weird to me....
Nice one McStock
"No mention of selling the Nitrogen has been made. Currently it has to be seen by us as a waste byproduct. To change that, the Nitrogen would need some gas clean up to get rid of any Ammonia residue, then need a separate compressor (which consumes power) and cylinders to store it, and logistics to come and collect it and redistribute it. That is another whole new level of complexity to add to what AFC will be doing, and I don't see they are interested in going down that road whilst still rapidly growing the Fuel Cell and Ammonia Cracker sales"
BUT HAVENT THE PEOPLE SELLING THE CRACKER GOT SOME RESPONSIBILITY FOR SEEING THAT THE BY PRODUCT OF THEIR PROCESS IS DISPOSED OF IN A SAFE AND ENVIRONMENTALLY FRIENDLY WAY?
Now you've got me thinking that, actually, we could be some way further off comercialisation that we had originally thought.....thanks for that, I guess that's the problem when you stray away from the trusty cut and paste and write your own twaddle....any thoughts on how the by product will be disposed of?
For pity's sake Garonne. You have posted that the market (presumably that's what you mean) sees yesterday as a damp squib 21 minutes before the market opened. Just absurd behaviour.
Chunky 200K, 300K, 500K trades so far, today.
Oops meant to post that to Garonne. Goes to show you're using two usernames though. Who'd have thought eh?
About 15 years of experience being an AFC investor Pommy !
What do you base that tosh on Daz?
Looks like yesterday's event was a damp squib despite haggis' weeks of telling us it would mark. a pivotal point.
P.S. they again don’t even get a simple presentation uploaded on their website after a day like today, that’s how professional their IR/PR is , probably Dixon or Bond trying it since they visited the bar after everyone laughed about their presentation skills
AFC has posted a lot you two 🤡 of which 80 % did not materialize - that’s a fact - AFC the Bayern München of the AIM - won nothing this year
Afc also stated in the "Investor Meets Company" presentation that after Tax credits the cash burn is only £1.1 million per month. Which is enough cash to last 24.9 months. So thats over 2 years from now.
30silver,
No mention of selling the Nitrogen has been made. Currently it has to be seen by us as a waste byproduct. To change that, the Nitrogen would need some gas clean up to get rid of any Ammonia residue, then need a separate compressor (which consumes power) and cylinders to store it, and logistics to come and collect it and redistribute it. That is another whole new level of complexity to add to what AFC will be doing, and I don't see they are interested in going down that road whilst still rapidly growing the Fuel Cell and Ammonia Cracker sales.
30silver.
I wouldn't even be thinking about funding or who is funding, as AFC have enough cash at the current burn rate to last a long time. As per the recent results RNS:
£17.5m for 12 months is £1,458,333 per month
£27.4m closing cash position is 18 months and 3 weeks cash
From 31 October 2023 that is enough cash to last to the third week of May 2025
Even if costs increase a little this year, the cash runway will still be very long, long enough to bag a huge number of sales agreements to push the price right up, so if they do need some cash in late 2024 the price will be way higher than it is now.
The Ammonia Cracker has been set up as a separate business, which raises the question of WHY. The obvious reason for doing that would be to either float it of in it's own IPO, or sell it to a huge Ammonia Producer, Electrolyser manufacturer, energy major, etc.
AFC have stated in one of the videos I posted a link to, that the Ammonia Cracker is, according to Ammonia industry experts, worth much more than the current market cap of the company. So AFC could sell the Ammonia Cracker business later this year for a few hundred million and it won't even matter about funding, as that would provide huge capital for Global rollout of the Fuel Cells.
Yeah trust fatguy stockbscheckzero who is or was never on any event as he is to fat to get out of his chair and sits 24/7 at his computer and knows what broker or investors think - lol - look at the volumes traded and the pps level since month and from where it came , does that look for you like huge interest or trust in AB or AFC ?
@StockCheque - good to hear that there's support from the Brokers, Institutions and HNW's as they'll be the ones the company needs to go to in the future for funds, in my experience of AIM it's never the PI's who fund the big raises. It's really interesting, I was initially concerned about it being a threat to something I'm involved in, but they are clearly going after the diesel generator market, and that's go to be a good thing.
@Snork - I think that's always the way isn't it, such a shame but then I find watching complete strangers shouting B*LL*CKS at each other on the internet quite amusing, it's all water off a duck's back to me.
One thing that I'd like to know, is with the Ammonia Cracker - once the Hydrogen is cracked from the Ammonia, what happens to the Nitrogen? Presumably it's compressed (to liquid form) and then sold?
30silver,
I would ignore the BS on here about the CEO, the brokers, ii's and HNW think he's doing a great job, it's just that the bashers on here have nothing left to attack the stock with so try to use the CEO as a whipping boy to bash the stock.
The CEO has taken this company a long way, all the way from R&D to multiple system sales with ABB, Speedy Hire revenues, soon Acciona too.
As for the usual BS about how much he's paid, the remuneration committee decide that, and they know that if they wanted to replace him they would have to pay the new CEO that much or more, so there's absolutely no point moaning about it, as that is what the CEO of this listed company will always be paid.
The 30kW is finished and now in production
The 50kVa for Acciona is likely already with them or on the way, as we were not told about their trial one until months after they received it, so they want to keep it quiet until they are happy for it to be news
The 200kW for ABB was, a few weeks back, just undergoing final wiring. I suspect an update on completion of it soon, as it must be undergoing Factory Acceptance Testing now or very soon.
Thank you so much. Once I have finished my glass of Rose (in St Emilion today) I will start my education!
I'm afraid, 30Silver, the chances of a sensible debate on here are slim. Two sides which is good, but most spend their time shouting the other down, which isn't.
Tweedly,
What you claim to be 'recycled' mostly isn't UNLESS it is used as a reference for the NEW information or point I am trying to make.
And what is 'recycled' to you, is not to anyone that is new here or missed it because it was drowned out by the bashers BS posts or the troll pumping his own stock on here recently.
Hey @Gitfinger - thanks for the info, I'll defer judgement on the CEO just yet, although I'm currently watching the YouTube clip from a month ago, and f**k me if he doesn't use 200 words when 5 would do.