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Stokey - the bankruptcy information re patents is public knowledge; I can’t remember if I posted the link on that before.
Southerhay - Yes that has been my thinking ever since I came across ITM 12 years ago...cost was the main reason it didn't happen, along with very little regulatory support as government has been continuously lobbied by fossil and grid suppliers that centralised power is necessary. Yes, it is still necessary of course, but for me distributed generation and storage is the way forward and especially community based generation, distribution and storage in addition to local, in situ, generation and storage. That is more efficient and resilient too in terms of energy security; it should ultimately cost less as well after the initial investment. However investing money into our old housing stock ensuring it reduces the demand in the first place and overhauling the new build regulations makes the most sense, economically and operationally. Unfortunately there has historically been very little support for passive or retrofit passive homes and the building sector has not been regulated in a way that encourages those homes.
Indeed Rouley, that appears to be the case; I just had a cursory look for images of fluidised gasification units, and coincidentally enough, many of them show a generic diagram with a cylinder, an inverted cone and various fuel and air inlets in the same layout as described in the infringement claim...if this is the best Aries can come up with after 6 months of pestering Eqtec and it's partners, then I am more confident than I was before in this claim failing to prove any merit; we'll find out soon enough; it does smack of desperation on the side of Aries, with regards to a potential competitor on their own soil.
I am no expert on patents or indeed gasification, however from reading the infringement claim, Aries are claiming that they have a patent on, as gpanner alluded to, the shape and location of the different elements of the gasification unit. It would be useful if someone on here was familiar with gasification units. There are certain parts to the gasification unit that are needed for it to work; the claim doesn't seem to specify a unique proprietary process.
MMGames - ITM rose from 20p in April last year to 360 in June this year. At 20p, ITM was valued at £65M. AFC is currently valued at £150M. ITM raised 58.8M and secured a JV with Linde which was the trigger to it's current value including the confirmation of their 1GW factory. The understanding around needing to generate H2 and the subsequent policy shift was also instrumental. Unless AFC has substantial news and contracts as well as synergistic partnerships in the next few months then no, £2.60 is not going to happen in your time frame. It does looks as if AFC is finally on the right path and I look forward to the contracts pertaining to construction sites and genset replacements; that is the news I am looking forward to in the near term. The micro electrolyser is also intriguing but we will find out soon enough if that is a 3rd party unit (most likely at this point) or a one off AFC made unit.
ITM don’t make alkaline electroysers so not going to be them; I don’t see why AFC can’t make a bespoke electrolyser; ITM experimented in fuel cells but didn’t sell them. It depends if AFC have already tried making electrolysers; if not then yes another company such as McPhy is possible.
And a £7.5M increase in mcap from the Arden note in June.
Got 83.9% but couldn't afford to apply for many.
Yes and No. I have filled and killed shares many times; in my experience the fill and kill fails after 10mins if you put in too large amount of an order (i.e. MMs not willing to offer X amount of shares at the limit you specified). If the shares are there however a minute after you placed the order then they'll get filled. I haven't filled or killed a VDTK order.
In general or for VDTK?
I've being trying to purchase some, but no luck.
Since divesting PV Crystalox and Renesola, some time ago now, I've wanted to invest in a solar related company; this may be it.
And don’t get me started In Stephen Voller; anything he was involved in collapsed. I remember the creation of Cella Energy and critiquing the concept; the idea was doomed to failure let alone the management.
Feeks - I looked into setting up a cargo bike ice cream business too; discovered that there was an ice cream 'mafia' or cartel if you will! If you haven't already check out the Velove Armadillo as that was the vehicle I was thinking about purchasing. It's a great bike; very comfortable, high payload. I tested it a few years ago now in Gothenburg; they've gone from strength to strength.
Yes, I also know about Solbian but dismissed them due to their exorbitant prices.
Feeks- Yes, I contacted Revonte a couple of months back as wanted to know if they sold individual units not just OEM or direct to the manufacturer; sadly they don’t. The smooth transition through the gears is very appealing so you can set your desired cadence regardless of topography and the power assist will alter accordingly. I did find out however that you need battery power to operate the transmission, so if you run out of battery you can only use one gear; that was the situation back in May at least when I last spoke with them. On the plus side that does mean that solar would be even more useful as you don’t need much power to operate the transmission.
Forgot to say, time of year makes a huge difference in the northern hemisphere; EAV haven’t been running a whole year yet; Nov last year for DPD, so too early to say but 6 months through winter, spring and early summer is a pretty good indication which one can extrapolate over a 12 month period.