Member Info for Bananaman2

Sorry guys. Didn't mean to repeat the calculation . Just got excited to think that may have been the last of it.

At 2.66%, AB held 18,042,916 when notified AFC of the reduced holding.

It has to be Norma offloading the remaining and for once we should be pleased that its a sell and not a buy. SP could be free to move up now. Possibly the best news we could have.

I am invested in PHE but have reduced my holding and added here.

The other thing with EQT is the fact that they have more than proven the equipment having over 100k hours of operational data. Not sure PHE can even compare to EQT on this.

So why are PHE valued at over £100m vs EQT at £33m ?

PHE do not have the range of feedstock that EQT have. As long as its carboniferous I believe EQT can gasify it.

PHE only gasify waste plastic and tyres

Rendj, I think it is just a standard assumption. The figures rely are just potential and guess work just to highlight what it could be worth and put it in perspective. This RNS confirms AFCs position to sell and build hundreds of these systems per annum.

It is becoming real and perhaps worth the 11 year wait.

Athansius, using the same PE and estimated profit I had the same figure.

Doesn't include Alkamem sales and is very much a finger in the air value as there would perhaps be significant economy of scale for the high power density cells but does show the massive potential of AFC.

Now for some orders to work on. Why have capacity for 100s of systems a year if you didn't think you would have the sales to meet it.

Reaffirming intentions of manufacturing over 100 systems per year.

200Mw of the high density system. Anyone care to hazard a guess of the turnover that would generate ?

I seem to remember AB stating the 20kw system had a price of roughly £100k, so £5k per kW. Regardless of economy scale for the S system that would still be some revenue.

Now they just need to close the disparity gap a little before announcing any multiple system orders and closing it completely.

Another real positive step forward and loving the low cost manufacturing strategy.

That is correct. What is your point ? How is that related to the type of waste which either PHE or EQT can gasify ?

The video link from the EQT site utilises municipal waste, it is relevant to EQT but perhaps not so much for PHE.

Maybe but the PHE gasification system does not deal with municipal waste as far as I am aware. Only nonrecyclable plastic and tyres ?

Whereas the EQT gasification equipment is more advanced in respect of feedstock and can deal with multiple types of carboniferous feedstock including municipal waste.

So if waste2tricity were to deal with it they would perhaps have to use EQT gasifiers not PHE DMG technology.

That is not negative post towards PHE as I hold both.

Are the whales buying ove the weekend or is it just small time PIs ?

Looking at the rises over the last few weeks they have been instigated after asow.weekend or a fall. As the IIs return on Monday morning they start to mop up the weekends activity and push the process back up.

Looking forward to seeing where this will be by January 2021. A very good chance that BTC will set and ATH and be sitting in the 20s. Would be nice to think ARB is set free and also sitting in the 20s by then as well.

Yachtmaster. Thats correct, yellow hated AFC up until recently and plagued the board with negativity. Something changed and yellow saw the light. The AFC yellow is much better to have around. Funny thing is yellow more or less changed his view at the bottom and is now almost a ramper of AFC.

They will be SPVs ( Special Purpose Vehicles) ready and waiting to be asigned for the related projects in the proportions applicable to the companies that own the project.

I kind of agree with Lunsam, the purchase of Billingham will be fairly large. Lossobly greater than £10m going by Deeside which has a 20Mwe capacity in comparison to the 25Mwe at Billingham.

Here is an extract from the Deeside exclusivity RNS

'The proposed purchase price for the Project will be £4.6 million plus a further amount to be calculated based on a formula linked to the final planning achieved and a detailed financial model of the Project (subject to a maximum further amount of £5.4 million.

EQT will need to pick their project ownership carefully. Ideally owning everything would be the best way forward but would require very careful financing to ensure the maximum return and minimum payback.

Wow. I love a good SP prediction. With ITM touching almost £2bn and not even close to break even yet there is no reason why in a few years down the line, EQT being high profitable, providing a sustainable solution to the world's waste problem and ITM perhaps valued closer to £10bn as the global green focus and economic recovery really kicks in that EQT could not also be worth £bns

Around 15p is a £1bn MCap.

Would love to break 1p first though

Do you think his selling will stop red-hornet or are you saying Norma will fully close their position.

Whats the difference between under 3% and not on the major shareholder register and not holding at all. We and everyone else will not know when and if they ever fully sell out.

RA saw a good investment 10 years ago. Like many of us he was perhaps 10 years too early. Surely his advisors can see that Norma could make a decent return on the remainder whilst not now being on the major shareholder register.

Who knows, perhaps AFC did not want them to hold a significant percentage and kindly asked them to reduce. Its kind of funny, the biggest impact on the AFC share price was RA buying in. It could well be that the second or even the nex trigger impact on the AFC share price or at least the trigger is RA reducing or selling his holding.

Cheekyboy. Very good point. Hadn't thought of that.

He could of course drip feed the market on the way up. Why offload at 27p when the market is rising. Thought he was savvy ?

Do we think RA will completely sell out or just remove Norma from the major interest register ?

Its actually still about 17m shares. Fortunately if the intent is to sell out we may have a news rich period to soak it up.

RA selling down and almost out.

ITM are now at £1.955bn MCap. This is very good for the sector and UK green tech sector

Yep. That is FOMO kicking in.

Enjoy the weekend.

Quite possibly, AFC and AB in particular seem to be pretty buoyant at the moment. I have a gut feel there will be several more pieces of news (or the jigsaw) before Christmas, setting AFC up nicely for a transformational 2021.