RE: Changed my mind16 May 2020 12:48
I agree Ghengis, but what is obvious from the article if not obvious before is that AFC will not be able to go it alone. Connectivity and compatability are key and AFC will need to be part of a consortium or approved network provider to deliver. What they bring to the party however could be substantial. The cost of an AFC fuel cell is largely covered by the capital cost in grid connection for a relatively modest charger at £120k. So in one sense the kit is free. Add in the ultra green credentials, the ability to solve accessibility problems re grid connection, and the fact that there is no additional load, either on the local grid or national power production, and we could be onto a winner.
Imagine if AFC partnered with a major energy company such as Shell to do this.
Or someone like eon.
Access to this market and that sort of partnership would see the SP literally rocket. I could see the MCap in ITM territory.