Member Info for Aputure

30% was the forecast profit given at the AGM. To reach 1GW capacity they will be using 5MW stacks as soon as they can; they’re in development at the moment but not sure they can even test them at the existing site. £0.5M/MW is forecast cost for 5MW stacks assembled into a much larger unit. So £0.15M profit equates to £300M annually in 4 years time. At a conservative P.E ratio of 20 at that point, as it is a tech stock and still be a growing company, that equates to a £6B market cap. However, how many of the sales would be part of the JV with Linde? Most I would think so conservatively divide that figure in half and you get a £3B market cap. Those figures are contingent on max capacity in the aforementioned timescale and assume no further dilution. Once the new factory is online and operating well and demand continues to increase they will then consider building other factories which may require fundraising and dilution. I have excluded support and service contracts as they are unknowns and delayed revenue. If one added 5% to the sale cost then that would be £3.15B market cap. I prefer to be conservative when assessing future prospects.

Apologies if already posted, however I also went on their LinkedIn page then S Morris' page and they have been selected as a promising startup in San Francisco this week https://cleanandcool.org From S Morris: 'Independent testing last year by SGS confirmed conversion >99.9%. And this was with a reduced reaction chamber (for filming and sample extraction)'

Toneman I don’t see either going bust; the market is enormous, and there are very few players with McPhy being another.

Yes AREVA H2gen are just PEM.

Spicemerchant - I mean as in their own tech/IP. I thought they started as an alkaline electrolyser company and most of their products are alkaline; I thought they outsourced or merged with another company for the PEM; is that correct? Will see if I can find PEM timeline as though they mention PEM on their website they mostly focus on alkaline.

No, McPhy make alkaline elctrolysers.

Stena drillship didn’t work on Carapa, that was for Joe and Jethro; Repsol DXL Valaris is on Carapa.

Yes, I posted that info a few days ago; that could be anywhere between say 20th and the 31st October.

Where does it say 17th October?

Thanks for name change clarification. https://www.guyanastandard.com/2019/10/24/ramps-logistics-clears-rowan-jackup-rig-for-repsols-carapa-1-well-on-kanuku-block/

I found my answer, no it isn't, it's Rowan EXL II.

Is this the drilling ship Tullow used for Carapa, or just Jethro and Joe?

That was a UT trade so I wouldn’t look into it too deeply.

https://youtu.be/zwfQraZqQzU

I followed turbo genset decades ago, and it seems they have an interesting solution for BEV chargers. Not sure how many sites this will be useful in but it may ease the constraints in certain areas. They are now called turbo power systems but are no longer listed on AIM. They have a product called DC share that equalises the DC supply between substations: https://turbopowersystems.com/tps-appointed-as-project-partner-in-joint-venture-to-create-a-smart-network-of-rapid-ev-charging-hubs/

At 10.55am, the bid/ask was 18.6/19.6 so that was a sell.

And even a high power charge point would not refuel as fast as H2.

That’s not a dual listing; it just correlates with the AIM listing.

Doesn’t look like a dual listing to me and have found no record of it; I used to own dual listed shares and it was clearly indicated. The time disclosed is Central European time so will look like its an hour later. European investors will be purchasing AFC on the LSE.