George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Yet again they have responded to customer and market demands. Showing how diverse their product range is. Multiple system configurations accepting multiple fuel types. I cannot see how this kind of innovation does not set AFC as the world leaders now. I cannot think of another single fuelcell developer that has such a diverse range to cater for a multitude of customer requirements. Most are very rigid in design and looking at only one or two markets. AFC have also considered price and have as far as I am aware attempted to bring to market what will be a high density power system with the lower cost per Kw for the system and across the the life cycle due to low cost fuel options.
It's an additional product which is incredibly mobile and versatile. The larger systems are Ideal for stationary power such as construction site establishments where there is a large constant power requirement. The large system can be used for charging site construction EVs, lighting and general power requirements. The power tower on the other hand can be positioned closer to the work face or perhaps in designated areas on specific floors of new build construction. I would imagine any construction company would have a mix of both. Its a great addition not an either or situation. It's a have both scenario.
Plus another gap in the market. PEM will not compete with this. Too expensive and only run on 99.999% H2. AFC alkaline HFC is an absolute winner.
But its not a Russian company as some have perhaps tried to demonstrate.
No reason for this silly price. I understand a drop from the teens but sub £2 is senseless.
I don't think your analysis is simplistic Athansius. It's not possible to compare two companies in this sectornusing anyone one metric. So any analysis is justifiable. I agree that if AFC were to be 70p right now then you could argue that given the CWR figures that would be fair. My gut feel is that CWR having the highest burn rate after spending many millions on their facility have a longer way to go before they will be profitable. Whereas if AFC turned over a similar amount I don't think they would have made a loss.
AFC will be profitable before CWR and any other fuel cell company.
Actually laughed out loud at this.
'Johnnyboy you know we will never meet so the fact you are trying to sound hard just makes you sound weak.'
Don't know why.
The government does support a green revolution. We have many kms of hydrogen infrastructure in design and moving to development.
Hynet, which I have linked here many times as well as East Coast Hydrogen. Maybe the not so well known H2 infrastructure but progressing well and only a little behind hynet
https://hydrogeneast.uk/east-coast-hydrogen-launched-in-north-east-england/
https://hynet.co.uk/
Certain it doesn't end there either. This is huge investment supported by UKGov and in most cases local industry. Currently utilising fossil fuels for hydrogen production but ultimately driving towards green hydrogen. 10 years time and the energy mix will look very different.
Up 4% down 9% up 8%.
What is this market ?
Pure guessing game for anyone trading this.
Up and down like a *****s knickers
Very overlooked IT. Have a few of these in the PF. NAV is performing reasonably well. Not reflected in the SP. Pathetic market presently. Even ITs with real value or companies with excellent performance are being marked down. Nothing seems 'safe'
Some proper c**ts post on here now. Where has this ade ***** come from ?
If you consider revenue streams for AFC its quite a range.
EV Charging, Diesel power generator replacement, Data centres.
Potential for green hydrogen generation through AFC developed electrolyser.
The list of customers is increasing rapidly.
ABB, Altaaqa, UAP, Mace, Extreme E, Keltbray, Acciona
Any others ?
Rooky,
Exactly. Its not about multi system orders. Its about multi customer orders. That will lead to multi system orders from multi customers. No company will order multi systems without trialling and looking at logistics. I dont even think construction contractors will ever buy these. I do think plant hire businesses will. Right now it is the contractors that are showing the plant hire firms that this is the direction they want to take, to utilise HFC's and move away from dirty diesel.
That will be Mace, Keltbray and Acciona all using this kit this year. I am expecting several others to join them as they find out that PEM systems are just not flexible enough for them. This will encourage plant hire firms to buy the HFCs such as Altaaqa although they a most likely working on a purchase agreement now as part of the MOU signed last year
Gitfinger. Its not an MOU its a lease. This is a commercial agreement. I am am not sure how many on here work in major construction. I would expect not many. Lease will be the way forward for any major construction company. This will eventually be between the construction company and the equipment hire company. Until the zero emission tech is established then it will be a lease between end user and AFC. As the RNS states, Keltbray and AFC will both work with local plant hire businesses to encourage the transition away from diesel fuelled temporary power.
Every construction contractor is looking at ways to deliver zero carbon construction. Solar and wind are not viable options as they do not provide the required level of instantaneous power. Hydrogen fuel cells are the best alternative to diesel power. Now the subsidies for red diesel are being removed from April it will start to become very cost competitive over a project life cycle. This may look even better for AFC energy systems when utilising methanol or ammonia. PEM systems are just not practical for this type of utilisation. They're expensive to build and can only use high grade hydrogen. AFC's are the answer.
Expecting a few more lease contracts to be delivered in the short term. Every construction company is looking to deliver construction using zero carbon technology.
With red diesel subsidies being removed his technology will start to be cost competitive over a project life cycle. I've seen the figures.
Is this a guessing game? Who'd have thought a month ago POLY would be struggling to break £2
Not really a risk is it ? Just taken the liquid system all over the planet. Tried and tested in all conditions with overwhelming success. I would be pretty confident they could utilise the AFC HFC system to run a festival in the UK.
My opinion is 700-800% over the next few years.
£2 is not flying. This should be well over £14. Its caught up in something which has absolutely nothing to do with them. Genuinely a great business. Not putting aside anything. I'm long with an average of £13.21. I can see some buring scumbag traders and shorts. Probably the same individuals making statements about this being blood money or some other BS. It's those traders/shorters that are trying to benefit from the situation. I can't believe where this has gone for such a great FTSE company. Shame but I will remain.