Member Info for Bananaman2

in the mean time we can expect greater dilution of AFC energy as they become cash strapped through failure to commercialise their world leading product. Starting the drawdown or issuenof equity at a lower price maximising the effect of dilution

I watch the news Chippyjo. Well aware of what is going on. Lost family members to COVID19 and I am certainly not a racist. Not that you said I was but it is a top story at the moment.

As for agony Aunts and griping, when you have a vested interest in a company that fails to deliver after constant up beat promotion of interested parties, NDA's and MOU's we are entitled to feel a little sickened when we see our investment eroded by the market price. Doesn't mean I am not sickened by the news.

Maybe you should try home schooling a 10 year old and a 14 year old. Wasn't ever expecting to have to do that whilst holding down a full time job . Certainly puts life into perspective, so please don't go down that road of trying to be insightful. We all watch the news and get what is really happening. Its affected everyone.

Surprised, that is exactly why I invested. I see this as an undervalued gem. £100m Mcap short term is a good start.

the Paragraf JDP could transform PVs producing a ce which is less than 1mm thick with an increased efficiency. They are not quite there yet but are working to commercialise the graphene PVs.

Fortunately the commercial product they do have has huge advantages over traditional PVs

however, here we go again with the drift down.

Massive buy at 9p on Friday and yet we can't stay above 8.5p

sickening. Absolutely sickening.

been very active on social media and LinkedIn with renewables sector.

Very positive

I hope so. Expecting annual report this week as well.

Of course they can 'penetrate the traditional solar panel market'

The commercial product is 1/10th of the weight of traditional solar PV' yet has the same power per m2. Its flexible nature allows it to used in a wider range of applications which are not rigid.

Also operates in the shade.

Company website in the link 'investment case' states that the sector is worth £75m per annum. This i feel is based on capacity and a installed cost of £1.5 per watt

7Mw is breakeven but they have at least a 20Mw capacity and arguably an additional 30Mw from Portugal licencing facility.

If they can sell 20Mw capacity, receive just £1 per watt, and have additional costs of £3m per annum we could expect a profit of £10m per annum.

Based on a PE of 10 the company could have an MCap of £100m and an SP of 33p.

But this is all assumptive. It is dependent on how the market sees the business. Figures can be manipulated. You could always take the best case scenario and get a SP of £1.66. But you need to do your own research and be realistic.

also due a broker note and over due sales of the commercial product. I would love to attend a shareholder event but I would rather have AFC actually gain commitment for at least one order. Even more important is the CE marking.

We are all clutching at straws now. We just need something positive and soon.

The reason it is significant is that traditional solar has proven to fragile and cumbersome for use in this environment. The oil and gas market is a prime opportunity for PVs of this nature to replace diesel generators as they are flexible and lightweight therefore removing the fragility and cumbersome nature seen in rigid traditional panels.

The system is proven to work on fixed or permanent roofing etc but for these temporary off grid construction facilities they obviously need to trial them first. Success here could open the flood gates for much larger order volumes.

First commercial order in respect of their strategy of diesel power generator replacement in the oil and gas construction sector.

Not the first commercial order

But the closing price on Friday was below LSE. its only going back to where it should have been.

I have a gut feeling that we will have some news this week. The silence has been too long. The pressure is building. Something good has to come.

Yep. Very positive. Could be an excellent in road. If SAF like it and roll it out across all construction camps I am pretty sure other will follow. There must be hundreds of site across the world that would be suitable for diesel generator replacement with verditek solar.

Because of the flexibility and weight they do not need to be isolated in a solar farm and can literally be placed on roofing of portacabins and tents.

Brilliant. Well done Verditek

RNS this morning regarding replacement for diesel generators on major construction sites

Ali Salman, MD of SAF Group, commented: "At SAF Group, we have been keen to deploy a green, clean alternative to diesel power generation at our gas transmission sites. Until now, we considered solar to be too cumbersome and fragile for use in our remote locations. We are excited to evaluate Verditek's new flexible, lightweight solution, which could lead to a much wider utilisation across all our remote gas transmission sites and other industrial applications within our group

The market is there. Just hope it is not infiltrated by other tech.

Pull your finger out AFC. The world is looking for the alternatives.

No dilution and I believe a relatively low rate of interest above base rate. Which at the moment is next to zero.

If any future acquisitions are as financially sound as Sapienza then it will be a great addition to the group and improve further their diversity and resilience to turns in the market conditions.

very easy to have on the back of a laptop keeping the battery topped up.

Absolutely. They will not even be 1mm thick if they can combine graphene with the capabilities of a PV.

We are talking microns

They have used them on tents so no, doesn't need a firm surface.

at £1.5 per watt installed I can't see an advantage in traditional.

My in laws paid approx 13k for 4.3 kw when you could get the full feed i tariff. I think the same system. May cost much less but even at 50% less it would still be 6.5k.

4.3kw of the lightweight Verditek panels which would take the same space on the roof but for a 10th of the weight delivering the same power density per m2 would cost 6.45k.

So why buy traditional ?

Yes, but it is equally important that not only is it lighter x 10 it does not require a larger area to generate the same power as traditional. It is equally efficient per m2 with 1/10th of the weight.

Flexible solar panels are not new but they have not been as efficient in terms of w/m2. Verditek Solar is different in this repsect and provide the equivalent efficiency.