Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Haha Jhonboy! What a made few days, I went for a coffee or two, I was on 15% down for the day portfolio wise, and now it's blue for the day, utter madness. What's the expression, if you cant stand the heat, get out of the kitchen?! Takes some nerves for the uninitiated to ride these rides.
I agree, it is an overdue correction. There was a lot of euphoria flying around, my pension which I have invested in funds went up 20% in December, that was my first sign. When kids on TikTok post videos like this: https://financialpost.com/investing/robinhood-couple-in-viral-tiktok-discover-momentum-trading-net-2000-return-in-one-month and share financial advice such as this "I see a stock going up and I buy it — and I just watch it until it stops going up and I sell it", you can start to believe it may be time to let the markets re-think their position!
The game stop group do not have the power to destroy an antire market segment, they use reddit to form a large group though they can affect one share price with their numbers, effectively a pump n dump.
This is a market correction, just got to ride it out. The shares that went up the most will likely correct the most. If you've got spare funds you may find a time to top up on something.
There are some with large holdings, some holding only afc, some young, some old, some maybe no longer here. I've seen my holding down 90% on paper having loaded up at peaks. We have many new Germans who are an excellent force in the new hydrogen economy. There will be people who bought on tradegate at €1.2, and plenty sitting on a paper loss having bought on LSE recently. I bought more at 70p recently, no regrets. Anyone holding for a long period cannot be accused of having an easy ride!
On a side note, for those who enjoy numbers/statistics; according to my calculations, if the s&p ends January above the price it was at the start of January, over the last 40 years, 90% of the time it had ended the year higher. Not that this will affect AFC, though may give an idea of market sentiment in the short term.
I'd guess the markets are down as they have all had incredible rises since the shortest ever bear market in history, despite the fact that the outlook has not improved much. Governments continue to pump money in to their economies, the U.S are still printing USD at alarming rates, much of the world is on lockdown or reduced productivity and the markets are hitting ATHs again. It can't continue like that forever. The question is where do you think your money is best placed when the markets turn? Have a look at the graphs of the major indices, quite a rush to the tops. Interesting video: https://www.youtube.com/watch?v=BIVqWNocWXk
Might be a king shot, but perhaps someone in the area knows of some webcam you can access? Best I could do: https://www.goandroam.com/webcams/uk/liverpool/
If we consider some posters to be Internet trolls, with their goals being chaos and control on a board, then we can see who is losing here. Certain people now have more mentions and embarrassingly more threads named after them than the company or CEO (slight exaggeration).
It has been said before, though it becomes more obvious everyday, stop feeding the posters you don't want to hear from. Debate is good, questions are good, balanced views are good, but obvious and deliberate winding up should not be encouraged, let it pass by.
As for shorting, who cares? The market is made up from both parts. No one knows when news might come, or what it could be. If we don't receive news from AFC we may see the price drift down, I'd imagine a red market week in general. People aren't stupid and without new news we are waiting on expected news and already signed deals, people who trade don't need to wait for this news, they can buy and sell and good luck to them.
I'm not going to go on too much now, but this board has changed its path somewhat over the last few months. I'll continue holding in the background and wish you all the best of luck.
And finally, as I can't remember if it's been mentioned too much here, Hitatchi ABB are probably the best fitted to AFC. You don't have to look far through this excellent website to see AFC could fit in to many of these pages: https://www.hitachiabb-powergrids.com/
The fact that ABB already have a good relationship with Avinor (the state-owned limited company that operates most of the civil airports in Norway), means I wouldn't be surprised if they are consulted on future airport plans. ABB performed a large upgrade of systems at Oslo airport, so I'm sure they would know how to integrate any further updates: https://www.hitachiabb-powergrids.com/references/scada-and-control-systems/oslo-airport
Haha finally! Thanks, yes I did know of this study, I know the company Nordic Unmanned quite well, interesting read. I'd imagine drones replacing some helicopters jobs at some point. You don't have to look far to find horror stories of LiPo batteries, and the results from this study were promising.
Batteries are doing ok, a project I have been involved in is testing them in Arctic conditions and also charging them using solar panels.
-73 is chilly! I've seen some cold temps on the way to Svalbard though I think you hold the record there. Noise rules are becoming more stringent at airports so you make a good point on the APU. The video on the first link I posted is worth a watch with a few words from manufacturers making battery aircraft.
Battery technology is moving fast now so I think we will see some interesting advancements, especially with new advanced materials being developed. I'll mention BYD the Chinese car company again, their new battery is a step ahead of the rest: https://www.byd.com/en/news/2020-03-30/BYD%27s-New-Blade-Battery-Set-to-Redefine-EV-Safety-Standards
And if we look further in to airports, much of the ground equipment will need to be updated. Perhaps not a concern for all of you, though deicing trucks are a big part of everyday life here. One of the major problems with updating airports now is finding a way to reduce emissions from ground equipment. Biofuels are being used, though they can't be used on everything, heating of the deice fluid for example. Another link: https://www.prnewswire.com/news-releases/aero-mag-unveils-the-worlds-first-electrically-powered-aircraft-de-icing-truck-301195627.html
Once you start electrifying ground equipment as well as aircraft, there is no way around the need for a local power supply for the airport.
I believe we will see some larger electric aircraft quite soon too. Norway say they are aiming to have all internal flights flown by electric aircraft by 2040. The first commercial flights are planned quite soon. This is certainly an area where the grid may need bolstering. The aircraft would need to be charged between each leg during passenger loading etc. Perhaps a battery connected to the grid and potentially a hydrogen generator... More info: https://avinor.no/en/corporate/klima/electric-aviation/electric-aviation
Indeed nice to see a bit of a positive turn to end the week, especially as many ended in the red. The interest is still there, and quite rightly so.
Despite some of the bickering, I'm sure if the share price reaches some of the predictions from an older thread, we will all join hands in the stone circle at Glastonbury, form a ring around the AFC generator and sing Kumbaya.
Have a nice weekend!
Hi Anne, I meant to add that. Nel could almost be seen as a bargain using these calculations. On the other hand, AFC looks like even more of a bargain providing they get some sales in this year, I'd like to imagine the order book filling up after that. This won't be projected sales either.
"Herøya represents the first industrial-scale production of the most efficient
electrolysers on the market, at a game-changing low cost. The Nel team is
continuously working to drive down the cost of hydrogen, where scale-up is key,
and will continue to assess the exact timing for the next expansion step. A 2 GW
production capacity of electrolysers would represent a potential of four-to-five
million tons of CO2 reductions for our customers, or ten percent of the annual
CO2 emissions in Norway," says Jon André Løkke, and continues:
"Nel uniquely covers both PEM and alkaline technologies, each with their
respective advantages, and we will continue give them our full support and equal
priority. The technology roadmap highlights our priority on large
-scale products, continuous improvements, and lowest total cost of ownership for
our customers. The hydrogen industry will become increasingly competitive and
Nel therefore needs to continue to invest in organization, technology, and
equipment to remain in the forefront of the industry."
Price and ultra-fast fueling is key to outcompete diesel
Nel has delivered more than 110 hydrogen fueling stations (HRS), H2StationsT, in
13 different countries. The global HRS market is expected to grow by 30 percent
annually towards 2030, with 11,000 installed fueling stations, in addition to
solutions for fueling of private trailer parks, trains, ferries, etc.
"The only way to transform heavy-duty transportation is to beat diesel at the
pump. In addition to green hydrogen reaching fossil parity at production, we
have to enable fast fueling of hydrogen in a reliable and cost-efficient manner
to be able to beat fossil alternatives. Nel has a technology roadmap enabling
fueling in 10-15 minutes of a heavy duty truck to achieve a range of 1,000 km,
and we are in a good position to continue to lead the hydrogen fueling
industry," Jon André Løkke says.
Reiterates strong market outlook
Nel reiterates the confidence in the long-term potential for the industry,
supported by the "green recovery" outlined by various governmental initiatives.
The company aims to capitalize on the opportunities by leveraging on the
position as a technology front-runner, continued high focus on safety, global
presence, scalability, cost leadership, strong financing, and preferred-partner
status for industry participants.
"Large opportunities also represent major challenges for Nel going forward, as
maintaining a leadership position requires large investments, rapid expansion of
the organization, and execution of large-scale projects across the globe in an
increasingly competitive environment. In 2021 alone, we will add more than 100
new colleagues, deploy over 25% of the capital raised in 2020 in plant,
equipment, and technology development projects, and add more capacity as
required by the market. The Capital Markets Day will unveil how Nel will address
these challenges, as an emission-free fut
a summary of some information from the NEL capital markets day happening today. Of course not AFC related, thought interesting reading for hydrogen market outlook:
(Oslo, 21 January 2021) Nel ASA (Nel, OSE:NEL) today hosts the Nel Capital
Markets Day 2021, outlining the target of producing green hydrogen at USD 1.5
per kilo* by 2025, to outcompete fossil alternatives. Cost reductions through
scale-up of production to multi-GW scale, growing the organization to add
capacities and capabilities, and investing in technology for the near- and long
-term are crucial components in ensuring that Nel continues to be the global
leader in the hydrogen industry.
"Green renewable hydrogen is set to outcompete fossil alternatives, and Nel is
placed in the centre of this transition. We're today launching our target which
should enable our customers in certain markets to produce green renewable
hydrogen from a large-scale Nel facility at 1.5 USD/kg from low cost renewable
power, already within 2025. Achieving this would allow green hydrogen to start
to reach fossil parity, representing one of the most significant achievement for
zero-emission solutions and a carbon neutral planet," says Jon André Løkke,
Chief Executive Officer of Nel.
Nel's Capital Markets Day 2021 (CMD) outlines the strategy and ambitions towards
2025, addressing the current hydrogen market of 70 million tons, which, by the
Hydrogen Council, is expected to grow by 8-times by 2050, largely based on green
hydrogen.
"The hydrogen market is already large, but with only a fraction served by
electrolysis, there are significant opportunities to turn the existing market
green. In addition, we see a regulatory landslide across the globe, with the EU
and the US pledging hundreds of billions of dollars into their zero-emission
programs where hydrogen serves a vital part as the energy carrier of choice. The
growth will not only come from industrial applications, but also from
transforming the current diesel-based heavy-duty transportation to run on zero
-emission and cost-efficient green hydrogen. These developments require low-cost
electrolysis and ultra-fast fueling, both areas where Nel is the global leader,"
Løkke adds.
Taking electrolysis to GW-scale
Nel is expanding the electrolysis production to accommodate large-scale projects
by constructing a fully automated manufacturing facility at Herøya, Norway. Test
production of the first 500 MW production line will commence in the second
quarter of 2021 with start of commercial ramp-up in the third quarter 2021.
Based on the secured facility at Herøya, Nel today outlines the potential to
expand the production capacity at this facility beyond 2 GW annually.
Maybe not popular but some interesting Chinese firms. Check out: https://www.autocar.co.uk/car-news/new-cars/chinese-firm-byd-begin-european-expansion-norway if they come to the UK soon. the BYD Tang is a great family car.
I've signed up for pre order of this coming this year: https://www.motor1.com/news/446467/hongqi-e-hs9-china-suv/ I couldn't resist. They are all excellent value with great tech.
ABB are indeed the market, and they are really investing in the future too.
I see the markets reacted well to Biden in the USA today. I think his impact should not be underestimated. I've only visited America once, and I was blown away by the waste there. So many gas guzzling cars, everyone drives everywhere and not an EV in site. I was quite angry, making many efforts myself to change my way of living and then travelling back in time 30 years.
They will change their ways in the USA, and the market is as of now almost untouched.
And to add as I've said before, when AFC begin assembly for the sales (that will come), there is a bigger market right now for their products, and it will only grow.
There is a building site next to my house now, they use special diesel powered contraptions to melt the snow/ice and thaw the ground before they can dig, I've counted 7 of these, wasteful comes to mind.
There are others missing too, this has mentioned the big names people are becoming familiar with. Nel have recently been awarded a new target of 45nok from the Bank of America, a 50% increase, and a 5nok target from a Norwegian bank. I no longer listen to any recommendations from banks or such, they are as bad as rampers or shorters, I use my own head only.
I believe the deal with ABB is now fairly priced in in the eyes of the market, though if we have a seller in the background that may be holding the sp back. Much of the hype around the prices in some of these big names is based on future revenue potential. As has been pointed out, a good deal of the increase in the nel price has to do with Nikola, and who knows what may happen there.
My point is that we don't need to be mentioned with these names yet, we are not at the same stage as some of them. I don't think we need a load of investors jumping on board because of a news article, we don't need an over inflated share price. I think the sp here is doing well, do I think we are undervalued in the current market/future potential; yes.
I'm driving a 2015 model s this week, about a 390km range. The cars being released this year are pushing a 600km range. The efficency of diesel and petrol engines did not move this fast. In 2 to 4 years I may be charging my ev with 500km charge in 15 minutes from a hydrogen fueled ev charger, then AFC will have news articles, purely with their name and no hype, just facts.