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Reading these reminiscent posts brings back some memories. I'll only say that I think I made the cardinal sin of becoming emotionally attached to this share, it took me some years to sign up to this board and join the debate, I guess I'm glad I did that.
It saddens me that some names on here are no more, only Stumbler comes to mind right now. I believe he was an older gentleman, hoping for a retirement bonus. It's a shame he and others are not here to share in these positive times.
Hi MP0818. I'm not sure you were looking for an answer, though medium long term is directly translated from Norwegian, it generally means from 3 months to years, I'm not sure of a comparable English expression.
The post is more to show people that AFC is talked about in other countries, though I will be sure to sign up for an online education on ramping.
I'm not a technical trader, though I enjoyed reading my email from my Norwegian website that gives daily analysis on various stocks: AFC Energy Plc has broken the ceiling of the falling trend in the medium long term, which indicates a slower initial falling rate. The price has broken through the ceiling at 26.91 of a rectangle pattern. A decisive break will signal a further rise to 40.73 or more. The stock is testing the resistance at pence 28.60. This could give a negative reaction, but an upward breakthrough of pence 28.60 means a positive signal. Positive volume balance indicates that buyers are aggressive while sellers are passive, and strengthens the stock. RSI above 70 shows that the stock has strong positive momentum in the short term. Investors have steadily paid more to buy the stock, which indicates increasing optimism and that the price will continue to rise. The RSI curve shows a rising trend, which could be an early signal for the start of a rising trend for the price as well. The stock is overall assessed as technically positive for the medium long term.
Even not being a very good chartist, the resistance is obvious on the charts. What I really enjoyed was the recognition of the 28.6 resistance level, though we all know the reason behind this. After seing the late reported trades today, I as many others have already said, am particularly excited to see what tomorrow brings.
Nice thought, though was this anything to do with Advent Technologies? https://www.advent.energy/
Decent article, thanks. Some of these articles do annoy me, there are always so called sceptics who manage to list a load of obstacles without any other useful input or other ideas. Why just sit on the sidelines and be negative.
Listing the dangers of hydrogen is fair enough, but we've seen enough crazy accidents caused in the world of oil production. Energy/electricity/power is dangerous and always will have risks involved.
Green hydrogen is achievable, the question comes down to money as always. We've seen what people are willing to sacrifice during this last year, I'm not saying we should be living as many have during 2020, though if people genuinely want a change for the better, they have to first look in the mirror and start at home. Apologies for the unplanned near Micheal Jackson quote there, had to change the sentence at the end! Public opinion is changing by the day, and if working at some kind of hydrogen power facility pays as well as working offshore, I'm sure there will be plenty of people willing to train in that field!
As always BB, your educated assessment seems most reasonable. For me, I try to forget his involvement now. He may have been beneficial to anyone who decided to sell shares in the subsequent rise is SP after investing, alas, I was not one.
For those looking in to Mr. A and his reasons for exiting, I wouldn't read in to it too much. The reasons I believe are mainly tax related, plus some other perhaps diplomatic reasons.
Remember he moved to Israel a couple of years back: https://www.google.com/amp/s/www.timesofisrael.com/chelsea-owner-roman-abramovich-immigrates-to-israel-after-uk-visa-woes/amp/
He's exempt from paying tax there, and as has been previously mentioned, Russia UK relations are perhaps not the best. I doubt he is aware of how many shares he still holds in AFC, he'll be trusting one or his accountants to sort out the money in the most economical way possible.
I'm a little overwhelmed by all the information and new posters on here, I can't keep up. I was going to write a summary though I'll leave that for now. The only thing I'll say is this is the first time I'm happy to have little communication from AB/AFC. Something is happening behind the scenes, we normally always have an update after such big news. These small snippets such as this post on LinkedIn have me wondering, in a good way.
Thanks to all those who have posted some great information on here over the past couple of days. So much going on and so much potential. If all falls in to place, we may have to apologise to AB and Co, as they may have been dealing with everything at exactly the right pace, and in the correct order. All the best.
Haha! We've seen enough market movement this year. I'm not saying it will happen, though nothing surprises me. We're still in discussions here about whether or not to drill oil in the Arctic.
Another side step, we've been looking at how to make airports "greener" here. Unfortunately it looks like money talks at the minute, especially after covid, and bio diesel will be the route many will be going. This route is much like a plug in hybrid, and will cost more money in the long run. I won't bore you all with the details. My suggestions of trialing hydrogen have not yet been picked up, though with the recent government announcements of a nationwide hydrogen economy here, I think we may get some traction soon, maybe 5 years.
Had to jump in on this off topic subject, one thing I'm scared of: Trump says I've had enough, everything is corrupt against me, I quit. Pence takes over, when Biden takes over, pence can pardon who he likes as is tradition for a president ending their term. Pence then pardons Trump from any legal action that may be brought up during his time is office. It is possible this way, look at Ford and Nixon....
Nice to see some news from AFC, and seems to bode well for the future.
I've enjoyed reading the private investigation work some of you have done on LinkedIn etc. I've retired from being an AFC detective myself, though I believe many of the clues leading to a strong case.
I think we can all agree now that there is work going on in the background. 2021 has potential to be a great year, it won't take much after this one, though exciting times ahead.
Another Norway Post for you all in afraid. The government have just passed a law here that says all housing associations in Norway (not sure what you'd call them in the UK), will now have to install an ev charger for every parking space, the cost will be shared by those living in the association. This affects well over 300,000 houses, and is part of the 2025 target when Norway will cease selling petrol and diesel cars.
I'm not sure I could see something like this happening in the UK, though it is interesting to see the aggressive stance being taken here to achieve these targets. Combined with the recent hydrogen announcement here, I see things picking up fast here. We already have electric ferries, I don't think h2 trains and boats in everyday life will be so far off here, still hoping AFC may have Norway on their radar.
I understand frustration with the silence, though I don't think they can harp on about it too much at the minute, and I'm not sure how beneficial it would be. EE is a great platform to show off for AFC, though that time comes when the race starts/is nearing the start date. they should make the best use of their air time. I don't believe AFC's future plans lay too heavily on this type of market, this could perhaps act as a springboard in to the car charging/electric racing market etc if this route proves to be successful. If they were to continue to mention EE continuosly now, it may seem a bit desperate IMO, and besides, they have other more significant demonstrations coming up, with larger markets.
EE is still a little way off, and the hype will probably begin after Christmas. Yes there are logistical matters and time frames, though we have to imagine that these are all being managed in the background, the organisers of this event have plenty of experience in these fields. Of course it would be nice with updates, though we can't expect an RNS about nothing. I'm pretty sure the management teams at EE and the other projects AFC have signed up for, know how to keep on top of their chosen suppliers, and as of now, the updates from EE suggest all is running on time.
Although we can't expect a nothing RNS, it does annoy me that they would create the CEO blog, and just leave it empty, this could be used to prove that AB is alive to the doubters, and not spending 30mil down the pub! I'd personally just like the occasional positive update on there, we're busy behind the scenes and excited about the year ahead for example.
I'm sitting in the background most of the time now, waiting until January, though as always, regularly checking for any news etc.
Just to add another country to the list, the Norwegian prime minister has announced that Norway will not only be a hydro producing and oil selling nation. The government will put out tenders with the plan to have full scale hydrogen production at several hubs all along the coast line. They have dedicated billions to the project, and will use private companies to build the infrastructure, though ultimately the entire project will be government controlled (this is Norway!).
Switched on guy I agree, though I South African selling something South Africa can produce. I'd like to think that if we see hydrogen being used in every day life in say, 10 years, that platinum can be replaced. There will be more companies/scientists looking in to composites and what the new technology allows us to do with them, plus more money being thrown at the hydrogen economy now. I honestly think that by the time we are living in a world where many people use hdrogen on a daily basis, platinum will be redundant in this market.
In my opinion; priceless. If it goes well Acciona they would have no reason not to sign a very large deal with AFC, perhaps become a partner as mentioned earlier? Why look for another supplier when you've just had a successful test on site... When that generator is on site and Acciona post a remark about their satisfaction with the results, we can be looking at being potentially the first market leaders. A lot can ride on this trial in my opinion, extremely lucrative.
Previously I'm not one to move the subject away from AFC on here, though I now believe there is relevance in sharing information within our market place. For one, I believe it helps build a bit of confidence when we lack that here (it can happen often!), and two, most of us believe in a better future, so we can look at the bigger picture and remember that the world is moving the way we would like to see it. Quantafuel are another company (Norwegian) with massive gains today, perhaps the Norwegian equivalent of PHE? I'm not invested in these companies (unfortunately), though it is nice to share good news within our sector.
We've been here longer than many of these companies now seeing huge gains. Let's trust that the experience gained over these years will pay off, perhaps we are the tortoise and there are many hares'?!
I saw a Swedish paper have driven 2 cars from Stockholm to Nice, one diesel and one electric, and compared the price. I've uploaded a snap of the article here: https://ibb.co/BZMNLB7
It's a little disappointing as they've not picked the best cars for the job, well perhaps the diesel as it is quite an economical model, though the Jaguar ev is hardly game changing in the ev world. The ev ends up costing 3 times more in fuel, no tolls or such are added to the equation though. I wasn't really sure what to take from this article, though perhaps we have a long way to go to encourage people to make the move to EV. Many people can't afford a new cheaper family sized EV, let alone a Tesla.