focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
skins4 : That would be a nice RNS to receive, especially as it states their contract lists value!
What I found more interesting was they were also awarded :
"London Stock Exchange's ("LSE") Green Economy Mark in recognition for its work in the renewables sector"
(https://www.lseg.com/resources/media-centre/press-releases/london-stock-exchange-launches-green-economy-mark-and-sustainable-bond-market)
Did I miss AFC Energy being awarded this too, as we're on the list as well.
(The Waste to CO2 producer PHE aren't, which I find appropriate)
Southernhay, what’s wrong with speculating about what this detail of “micro-alkaline water electrolysis” from the RNS actually means?
Some have hypothesised it means we can run the fuel cell for free from just the Sun - at least for some short period of time - and I’d like to know if that’s likely to be the case or not.
If it is the case, why on earth isn’t this being explained in more detail as it would be far more interesting to investors than a SUV race across ecologically fragile landscapes.
You can brand this bashing if you prefer, but I find the unending flow of meaningless comparisons to ITM from someone who can’t wait for us to be worth £1B+ yet only appeared last month, to be verging on the opposite end of the scale which some might call ramping.
So let’s continue speculating with the facts we have and the ones we can infer, isn’t that what people come to these boards for?
nothing wrong with trying to decipher their vague hints in the RNS with some empirical facts fella.
By my reckoning, they need 16 panels and 12 hours of sunlight to make 1kg H2, which I strongly suspect isn't anywhere near enough to drive the fuel cell to charge the batteries full.
So,... What exactly is the electrolysis for, come on man have a questioning mind ffs or go back to Facebook and never question anything you are told. :p
Seems you'll need about 54 kWh of electricity (via solar panels) to produce 1 kilogram of hydrogen with most modern electrolysis systems. Please correct me if this is wildly out....
The size of the PVs demo'd on the roadshow were a standard (a rough guess) 280W, which are about 18kg each and with dimensions 1m x 1.6m.
So, some questions :
- How many kg of H2 do we need to charge the systems storage battery?
- How many 280W solar panels would you need to produce just 1kg of H2 in 12 hours (best case hours of equatorial daylight) ?
I agree 100%, SUVs - electric or not - are an environmental disaster.
The cost (and I'm not talking financial here) of shipping all this crap around the globe is shameful and certainly outweighs any green credentials they're crowing about.
"Batteries are great for storing energy but need to be charged rapidly.
The fuel cell can deliver large amounts of power very quickly."
This is a misunderstanding, the reason the batteries exist between the fuel cell and the vehicles are because it allows; charging vehicles at greater rate than the attached fuel cell could provide, managing the variable power draw of vehicles charging profiles without needing to scale up and down the fuel cell output, letting you run the fuel cell continuously at it's peak efficiency.
New EVs can charge at tremendous rates now, a 50kW 10ft container fuel cell would be underpowered for even one vehicle, but if it's continuously charging a huge battery then the system as a whole can charge two or more vehicles easily.
And if you have a very large solar farm, just charge the storage batteries, don't suffer efficiency losses from the solar - hydrogen electrolysis, and then additional losses from hydrogen back to electricity in the fuel cell.
Why use solar to produce hydrogen to then create electricity in they fuel cell to store in batteries ready for charging vehicles, when you could just use solar to charge the fuel cells battery storage packs directly?
I also question the green credentials of shipping vehicles and teams and fuel cells to the Amazon.
Nevertheless about bloody time AFC, well done on attracting your first customers!
Thanks for confirming that richlist and bananaman2, I'm relieved I'm not going mad, but sad to see the risk is as I had originally thought.
I'll be voting no on all counts I'm afraid, not that it'll make any difference to the outcome.
Sorry, I retract that 40% nonsense, the third admission would only be from the current ~570m to ~670m shares in issue, a less painful 15% dilution. Maybe it was a bad dream but I was sure the share issue was at risk of ballooning to 950m?!
Will try to get more sleep :)
I'm not happy about the prospect of going from ~500m to ~900m shares in issue.
If we ever reach the MCAPs of Ceres/ITM, that kind of dilution would lose me about ÂŁ800k in share value.
But I think anyone realises that DeNora haven't been working for free all these years, and will want their pound of flesh eventually.
Dedicated sales team, but using two guys who run a company offering all kinds of consultancy services, but not sales, and neither do their LinkedIn profiles suggest they have any experience in sales...
Seems odd to me.