Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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That's what happens when there is no news, expectations fail to come to fruition, board members are overpaid compared to results, promised changes in behaviour fail to materialise, websites are out of date and the PR team non existent.
The constant slow downward direction of the sp is as annoying as the drip drip of a bloody leaking tap.
Good for Ceres itsallBull.
News of contracts, not the usual, 6 - 12 months down the line drivel we have been getting for years!
Actual, contracts with deposits, that's what this needs. The SP is diabolical and if this BOD cannot deliver then they should leave and let people in that can deliver!
Nevermind eh, hopefully hear something in the interims tomorrow.
Itsallbull
Meanwhile back at AFC
zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
Ceres and Doosan
https://www.google.com/amp/s/www.proactiveinvestors.co.uk/companies/amp/news/223883
Shell have recently announced the first 150kw EV charger on a forecourt that can 80% charge a EV in 10 minutes. They have plans for a super fast 350kw charger. With the expected increase in the number of EV charging stations around the world, as long as AFC can finish their commercial product with Rolec hopefully we can still achieve multi MW orders despite chlor-alkali taking a back seat.
Interesting point, BB, you’d expect far fewer stacks to be required for a given EV charging site (car park, service station, whatever) than for a large power station or chlor alkali plant, hence higher cost of maintenance too when refreshing them (more labour intensive). Greater longevity would definitely help mitigate this. On the subject of what income might be expected from this product, I’d hope to see a broker note setting out their analysis as soon as the final Rolec contract is signed. I imagine there might be a license payment up front followed by a fee per unit or fee per hour’s usage, which surely would be estimated by both parties, so the data would be available.
BumbleB ...Surely we are all optimists ...not much point investing in AIM if you're not.
ment to say 100kw fuel cell . It was a pem type most of it in a shipping container .
The 100k fuel cell /ev charger demonstrated at gfos last weekend i'm told cost £100,000 . Afc cash burn is apprx 4million per annum .
Hi athansius. People always call me an optimist. In reality I just don't like wild claims based on very little or boredom, or making up information to move the share price one way or another.
As to re-rating I honestly don't know, I tend to avoid share price predictions.
I am just voicing thoughts I have had of late. The old business model was based on MWs of electricity production. That meant many more stacks being produced, bringing their cost down. At present I do not have any clear idea how many stacks would be produced for ev-charging, and how the income will compare with the old business model., but my guess is that installations will be smaller. It would be useful if they could produce a note outlining the income they expect from the new business strategy.
If they are anticipating producing fewer stacks that might explain why there has been a need to make them last much longer. They were not talking about 4 year longevity back in 2010. Or is it that costs for competitive energy sources, such as solar, have come down?
I was at the goodwood festival of speed recently .Siemens had an ev charger powered by a fuel cell , loganenegy helped them . Knowing Siemens there is definately a business case for it .
Daz,
Lot’s of if’s and but’s as always with AFC and never any clarity or facts to make the SP rise, but hopefully, as you say, if all the dots join up, who knows. We live in hope.
If a re rate is to happen, what do you think it will be at?
*should include
IMO when the EV charger is released in Q4 it will be the first time in 12 years that we have a finished product for sale that doesn’t require an engineering study each time we get a sale, it there is a market for it as AFC keep telling us there is then the product release RNS shouldn’t include announcements of sales, if it doesn’t then we have been strung along yet again with false promises. If all is good and TUVA pull their finger out then a re-rate is inevitable
A realistic, although somewhat less optimistic post than your usual BumbleB. Are your concerns re AFC rising (your cited reasons are wholly understandable)? Do you see a re rate in the SP any time soon?
Hi Barnacles. Your posts interest me. I welcome your positive outlook on the company, but you have been saying generally similar things since early 2018: in which time the share price has more than halved. In that time the company have abandoned the old business model and announced new markets, such as ev charging, for which there is no evidence of market size or profitability. Furthermore progress in developing the stacks, which is clearly making progress, is happening on a much slower timescale than the company ever admit too, and funding is now based on a somewhat precarious model. We seem to have lost the interest of the wealthy Russians who have not participated in recent fund raises. You seem well informed about the company. What informs your optimism.
I listened to the May 19 proactive investor video again today from AFC’s website and thought it was good to get into perspective what is coming up this year. Besides Southern contract, we can also expect announcements on EV charging joint with Rolec who have a massive charging point customer base, plus revealing a joint product with AFC that they will take on a roadshow across many countries to their customers. This has massive potential to boost the share price. My bets are got this to hit big in October and we should see a steady increase between now and then. There are also more announcements in the offing on license agreements and some of AFCs own licensing for commercial spinoffs of their technology. I reckon this could finally be the step up to Commercialisation that we have all been waiting for.