Member Info for Bananaman2

Lolmcshizz, contrary to popular belief, no. A fairly obvious statement but one to settle the nerves of investors that start to listen to the cries of 'I will buy back when it is back in the teens' or 'you can make more money if you trade this' or 'I've been here so long I know a lot about AFC' and preceed that with a statement of deremping.

Taking a breather. Nothing goes up in a straight line. But on dips and hold as ReoninV has said.

Orders may well be imminent. Certainly not a share to short at the moment. Imagine whats going to happen that day !

Well if you want to buy around placing price you may well get your opportunity. Very disappointing to hear absolutely zero from Verditek. A complete absence of anything news worthy for what equates to months. very frustrating seeing the value of a green tech investment static when the majority of other businesses valuations have risen over the last few weeks as investors see value in their products.

Shame that's not happening here to be honest but it looks like its going to take good news to budge this upwards. Where the COVID stock money ? it is looking like a very good buy price if you have the faith to sit it out and wait for some good news to drop.

ChippyJo, This was exactly my thought. The world is a big place and the immediate market potential for diesel generator replacement is massive. Ideal for festivals, construction sites etc. For any environmentally conscious companies trying to make an impression the fuel cell system is the closest direct replacement for diesel power in respect to its compact size and flexibility, meaning it can be moved if required.

In respect to large fleet drivers running new EV's be it large delivery vehicle or just employees company cars, the EV charger version of the H Power system is ideal, especially if it is accompanied by an electrolysers and solar to generate its own fuel to support ammonia cracking.

The world is a massiv place and AFC have demonstrated that there focus is not just the UK. 100 systems per annum may not be all that we see over the next few years and the new facility will have to grow to regional hubs.

As you say, they don't develop a facility to deliver 100 plus systems per annum and have a partnership with BK Gulf for the BoP of 100 systems plus per annum if they though they were only going to achieve sales of 1 or 2 systems. Clearly they are in advanced stage negotiations with interested parties.

Southerhay, possibly. Unfortunately I have only made the recommendation for AFC and their ability to replace dirty, noisy diesel power for construction site hub locations. I perhaps would not be allowed to participate any further in the process as its a conflict of interest being a share holder and all that !

Cannot elaborate anymore than it being for carbon neutral construction. But what I have learnt is that there is significant interest from plant hire companies for diesel generator replacement not only for power when using a fuel cell system but the other valuable waste commodity of hot water. Using this for heating and hand basins/washing increases the efficiency of the fuel cell system as hot water and heating could come from this rather than wall mounted electric heaters.

This is likely to be very big globally and if you read one of the later RNS's I am sure AFC mention global plant hire companies.

I can assure you that one of the distribution networks has reached out to AFC regarding temporary power for diesel generation replacement for major infrastructure construction projects. AFC and Geo-Pura

Hi Stumbler. Do you post on ADVFN as SCRUTABLE ? Only there is a poster of a similar age with same holdings. Used to hold Verditek as well ?

Good to see your still looking in .

Rishi's economic forecast is not great. Picking renewables is probably a good hedge against a downturn. It really could be the biggest growth sector and provide many opportunities for employment.

Is that a fooking joke ? -12% on opening ?

He made a comment in the morning which stated 'someone is sucking off the shares from the big dumper'.

Now to some this was quite funny if perhaps a little childish.

Still makes me laugh.

DW got upset last week. We tried to have a laugh with him but he didn't see the funny side. He got upset and told us he had enough.

My largest purchase was at 6.6p so topping up at this level doesn't hurt the average too much.

Its because I topped up this morning. Only had a grand but it still passes me off to think I could have got a few more this afternoon for the same outlay

I could second the impatience and boredom. Yet I continue to hold.

Come on Conroy and AAZ. How are you going to be drilling this year if we only have 4 weeks until Christmas and you have not confirmed the JV yet ?

Get on with it

gmevans, I agree with you. Not sure EQT will ever reach £4 a share but you probably meant the percentage gains or MCap.

5p is £340m MCap and is not unreasonable with a little success and financial closure of a few projects

10p is £680m MCap and is not unreasonable with revenue from completion of at least one project

As the pipeline is so big 15p is £1bn and with projects under construction which EQT will receive revenue from the design and build plus enduring revenue from energy sales, operation and maintenance is also not unrealistic.

Now that would be a good target 12 - 36 months down the line. Who knows, maybe sooner !

And still only valued at £68m @1p so a long way to go from there once reached. With the pipeline of business, MOU's and the pipeline of commercial opportunities returned in just H1 2020 alone EQT is going to be a monster. £130m MCap would not be unreasonable right now. With a few financial closures we could be looking at £300m plus as EQT could very quickly be a break even and profitable business.

I don't know much about charts but EQT has looked very unloved and undervalued at 0.5p for months. Great to see some interest and a rising SP.

Oh great idea MPO818. AFC have generated revenue of £1m this year. Next year will be much more. These companies are driven by sentiment. Just look at the value of ITM and their revenue.

So effectively the MCap has dropped by around 1/6 as a result of the reduction. So needs to rise by 20% today to be back to par of yesterday.

Fantastic news.