Member Info for Bananaman2

Lutra, also !

Klunk. Love the level of detail in respect to the St Helena. There are some seriously good investigative and detailed contributions on here at times.

Wow, no need to get defensive. I have been invested here for 11 years. The SP hit 87p on the Ricardo news, its now sub 75p on the bid. If it wasn't being beaten down by a seller it would be much higher. You say the balance is in favour of buyers but that's what is visible and reported.

I am not sure you actually read my post as I am actually suggesting adding to my position. So if I was that bothered I would just move on. Unfortunately I am now emotionally attached to AFC and have no intention of moving on anytime soon. I find the market incredibly frustrating hence the comment about nothing priced in now for Ricardo. So please, read posts before jumping all over people.

Whether they are still selling or not, the SP is getting a fooking right kicking again today. Very disappointing and short sighted of the market in my opinion. Zero factored in for the Ricardo strategic partnership. In fact there has been a negative value applied to the collaboration. On the verge of adding a few more as the disparity is widening again and its not justified.

I guess the £10-£15m comes from the SPV finance package that would be agreed as part of the financial closure.

SNewby, there are more than 13 projects in the pipeline. The 13 projects referenced is in relation to DP's comment at the AGM stating that they expect financial closure of 13 projects in 2021. Not sure if that is correct, perhaps someone can confirm.

Yeah, this is a nice steady and stealth like pace. Happy that its not running away with itself. I really like EQT and think they are well advanced in respect of technology in the field. Good luck to DP this year as it really could be a busy period. I am sure EQT have been building a strong team in which to assist with roll out and delivery of the projects

The Chinese NIO EV can do 1000 km on a charge. Unfortunately its only sold in China I believe but demonstrates that they are getting there.

Good point Klunk. If I have this right its in August and in Farnborough. Not too far from where AFC are based and far enough into H2 that the ABB and AFC relationship would be well advanced

Could we see the 400Mw system stated as being available by 2021 on the AFC website which utilises the same 40ft container as the 160kW system. Haven't seen much mention of this but more focus on Alkamem development and the solid system.

Haggis. It won't just be the CAPEX and OPEX of the cracked ammonia required for the extra clean up. The Alkaline fuel cell developed by AFC has been developed to be low cost. I am sure there would be a reduction of at least CAPEX in the AFC over the Geopura PEM regardless of the fuel source. This has always been an objective of AFC energy and was one of the key metrics of PLACE.

I think its a strong reason why they are looking for diversification away from Oil and Gas which has perhaps started to become a lot more competitive due to a reduction in global EPC contracts over the last 5 years. The sensible EPCs are now looking at how to utilise their transferable skills and will be considering gasification and hydrogen projects as a viable revenue stream. The benefit for Wood in EQTs example is that Wood are not looking at a prototype. They are looking at a piece of equipment proven over a 10 year period. WtE projects will be growing over the next decade whilst Oil and Gas will be declining. Seems to be a very good diversification and potentially more lucrative going forward than oil and gas production from and EPC perspective.

He has liked a few posts recently from this guy

https://www.linkedin.com/in/matt-cook-86a5643

Wood are also currently carrying out a review of EQT's technology and the market potential for the equipment. They are looking a diversification and can provide plenty of transferable skills from oil and gas into H2 and gasification base renewables.

At the current SP its like a difference of 0.025p or £0.00025 to put it perspective. Even less of an issue if you shield any gains in an ISA.

I am not sure what I was typing but it meant to say ' it's not the end of the world'

Zamorano, that is a good find. HiiRoc very interesting. We do not hear much about this agreement between AFC and them. It would be great to see how their technology is developing. HiiRoc website doesn't give much detail.

Viable. Yes, that is correct. I questioned the stamp duty payment when noticed earlier last year. When I called Hargreaves Lansdown I was informed that although AIM shares are exempt from stamp duty, EQT is domiciled in Ireland and is subject to their 1% stamp duty. Its not the medical of the world, I expect a number of investors haven't even noticed.

It once ='d AFC Energy

No point in burning hydrogen. More efficient to use a fuelcell. Would be a waste of energy.

Sorry, number of shares in issue is not important. If EQT did a 1 for 10 consolidation we would have a 25p share price and 700m in issue. Whats the difference ?

Number of shares in issue. MCap is important. Base your exit price on a sensible market cap value and you won't be disappointed. If you are expecting to see £1 per shares you will be disappointed. If you are looking for 10p per share well your luck may be in. Would still only be £700m MCap without any further warrants exercised. Not unrealistic for a business with this pipeline of business and strategy.