RE: No Bounce21 Jan 2019 17:20
Seems AFC has reverted to the usual pattern. Three steps forward and 2.9 steps back.
The more I think about it the more I think last weeks announcement was without any substance. So they can charge a car....of course they can - it simply confirms that they can produce electricity. But:
No PLACE
No manufacturing agreement
No progress on Southern Oil
No other partnerships mentioned.
Lots of vague promises from Adam about commercialisation, new applications (could that be anything that requires electricity Adam?), jam, blah blah blah.
Nothing about funding, finances,
I made the mistake of getting excited at the end of last week. Then the SP went into the 8s. I should have realised how mistaken that was.
I think we will struggle to raise funds. We will then probably get taken out for our IP at some lowly price.
Anyone here involved in FlyBe?