Member Info for Bananaman2

Tradegate marches on at opening this morning, touching 22.5p

At least someone loves us.

Can't get my head around why they are happy to pay a little extra before and after LSE market hours yet it always follows suit during.

All a bit cloak and dagger if you ask me but this is how it is.

You may well see a holding RNS today. If a new entity has bought placing shares and they are admitted to AIM at 0800 this morning then technically at 0700 they do not own the shares

I wouldn't expect a TR1 today as the holder has a certain period of time to notify the issuer (AFC) that they have a significant interest. This may go on for days yet.

taskmaster. Thanks. I am sure we have drifted away from the main point or there are some wires crossed.

I do not think the EV charger is an at home solution. I was trying to make a point that charging at home could not be done at a fast enough rate and that everyone charging at the same time could over burden the distribution network.

The EV charger is a rapid charge solution for range conscious EV chargers where it is difficult or costly to upgrade the network to service the requirements of customers.

To add to this, the EV charger may be a great option for companies like UPS who have recently order 10000 EVs. Many will require charging simultaneously at rapid charge rates. The AFC system is perfect option where network upgrades are costly due to location or other. The AFC system also provides flexibility to allow additions for growing fleets.

With rapid chargers available in work carparks or service stations etc. Home charging will not be such a burden on the grid as less home charging may be required.

We cannot simply rely on just one option. There are also solar systems that are available although possibly not with ralid charge rates as you would need a lot of panel space to ralid charge one vehicle.

Enjoy your evening. Some great posts today, good debate

Related to rapid charge rates

https://www.h2-view.com/story/hydrogen-fuelling-in-a-green-environment/

If I could find the H2 piece that Tom Pollard put together it states it in the article.

I have actually lost the point of this subject.

Seem to be missing the point somewhat.

When petrol and diesel engines are no longer produced people will have to drive EVs or an alternative. Presently their is capacity to deliver charge from local distribution for the limited number of EVs and PHEvs. This number is growing exponentially. As a result more vehicle will require charging from more locations.

Either the DN needs upgrading or an alternative solution is required for future demand.

FCI. Correct.

And that is why a true EV with a decent range would have to charged away from home. Not sure what the size of a Tesla is now but let's say 100kwh. You could never charge this overnight.

A 24kwh battery is more likely a PHEv such as a BMW 330e. These are just a company car tax gimic and good for short trips but the sort of mileage you are talking about are not possible from 24kwh.

There will be fast/rapid chargers everywhere but as the up take in full EVs is growing there will nees to be a whole new infrastructure. When you need 100kwh delivered in 30 minutes you need a lot of power. Equivalent of an additional 400 houses demanding 0.5kw from the distribution network at once.

Imagine several vehicles requiring the same power at one location. The infrastructure to handle the future demand is not available and that is where the AFC charger comes in.

Flexible, modular solution at a comparible cost to rapid charging from the grid. Can be moved if not required or sold off as an asset.

So if you have a PHEV with 20kwh battery and
a charger capable of delivering 3Kw you would need to trickle charge the PHEV for 7 hours to fully charge it.

The average usage for a residential property for argument sake is 0.5 to 1 kwh. Charging a 20kwh battery would still take the same unit of energy however the power rate would be dependent on the charger. So even a trickle charge of 3kw (rate) per hour for 7 hours could lead to a dramatic increase in demand on the distribution network if every house up the road needs and additional 3kw of power throughout the night.

A bit like everyone opening the taps in every bathroom all at the same time. Potentially not enough pressure in the water main to accommodate.

Depends if you want to trickle charge or rapid charge.

Even 3kw per hour is the equivalent to 6 houses. If every house up the street all want the same throughout the night its a lot of additional demand.

To facilitate a fast or rapid charge it would have to be 10 times this. Obviously charging in less time but nothing to stop the entire street all placing this demand on the distribution network at the same time.

*local distribution

ChilpyJo. That is correct, NG transmission and loc distribution. It is the latter which would require upgrades at considerable cost to provide or make available the required power for EV charging at home or specifically rapid charging network

I want, you make a valid point. There are many possibilities for strategic partners.

We (LTHs) may be surprised next week. Surely there will have to be a TR1 once the shares are admitted to AIM.

Richlist.

CWR had a JV with Weichi power prior to Wechi taking a stake in the business. I don't think number 1) is therefore applicable and De Nora could purchase a percentage of the business at this stage due to the nature of the joint development agreement.

Maybe someone else can clarify ?

Research. It was more like an interrogation.

Only joking. I was very great full to the posts of some on this board prior to buying in.

Feeks, Parob, Martyh have been very informative and produced some excellent research.

Regardless of Aputure buying in or not I am sure they will have been greatful for the honesty and steer towards available info

Does it not fall under MAR (Market Abuse Regulations) ? Insider trading etc ???

Can a director actually buy shares in the business knowing that a material change to the SP due to significant news may occur within 1 month of buying that shares?

Thought there was rules against this ?

Chippyjo. I am sure it is out of our hands but if the market perception of AFC becomes very positive due to the initial funding and subsequent capital will be or should be at a much higher price. In which case the additional dilution will have little affect on the end result if buying in at these prices.

Look at Ballard Power. $4.3bn MCap. Revenue around $120m per annum with a loss of approximately 30%.

If AFC can crack it with the initial funding and infiltrate the market with gensets and EV chargers there should be cash positive as they have taken years to develop a low cost solution for customers.

This can only drive the price up by increasing the MCap. 33% dilution by way of a placing at a very enlarged MCap is a whole lot more cash in the bank to move to phase 2.

All we can do is wait and see if AFC have attracted a strategic partner from the fundraise and that will provide more indication of the intention of how they will play out their new holdings in the company.

Take a short sighted 10% or let it run to 1000%

Thats brilliant. I am a big cyclist, road bikes and have seen a number of electrically assisted bikes more recently.

That looks fantastic. I guess the same system is to be used in the EAV ? What a great idea.

Really is ideal for inner city riding.