Member Info for Bananaman2

Jgbb, AB said as much in the highlights of the operational update.

'Progression towards delivery of a large-scale assembly site for AFC Energy system build and integration in advance of multi-system orders'

You don't need a assembly facility if you have nothing to build. AFC have manufacturing partners for the component and many will be off the shelf. So assembly is all that is needed. From a manufacturing perspective this is the most cost efficient way of producing a system. You have to have a good supply chain and AFC have already developed this.

I am looking for 20p end of year price target. Ornoff the back of December operational update early Jan. I assume that Bitcoin stops for no festivity Christmas included ?

Get the new machines up and running and BTC to 20k, 50p will be gone by March.

ARB are demonstrating a strong desire to keep ahead of the game, reduce costs and continue to expand and grow the business.

£1 may not be unrealistic some time next year.

What is your time target for the 100p plus. Certianly think it's feasible based upon Argo's desire to continue growth and not just sit back. Another 4500 of the best machines on line by March 2021.

I had a target of 20p by year end and 50p by March based on those metrics mentioned. It goes without saying revenue will continue to come in but margins are likely to improve.

Gino. When ARK se their stake in stonepark to Glencore they will not need to dilute to pay for drilling on the gold target. At £3m I would expect a 200-300% rise on positive drill results at stonepark and that would still only value ARK at £9 - 12m.

After those results are in and should ARK not sell their stake then any dilution will be at a higher price anyway and will minimise the effect to shareholders.

Bobby. Yes they do.

And 480k gross profit for a difficult mining period.

November likely to be 50% higher revenue based upon a 15% reduction in difficulty and a $4000 per BTC rise over October.

Replace the retired machines and away we go again.

And what do we do with stored hydrogen with no means to turn it into power ? Combustion is not the answer.

Low cost efficient fuel cell is.

FCI, as do I.

This disparity has often been stated as existing due to lack of commercial contracts or feasible partnerships. I think AFC have proven that they can generate income, albeit a little behind in regards to commercialisation in comparison to the ITM and CWR products but they are now getting there. This may be due to the fact that they have spent the time to make the product a low cost option so it could well be profitable before the aforementioned sector peers.

In respect to partnerships, we all know that CWR and ITM have these from Bosch and Linde. To be honest, I would rather AFC had strategic partnerships such as those they have with De Nora and Acciona and Extreme E. AFC do not need the dilutive effect of major organisations at the moment. It may have slowed progress to commercialisation but they are now catching up.

So the only thing missing is perhaps a little more uptake from the market in respect of a contract or two, which i feel will happen before 2020 is out reading yesterdays RNS, and for the sentiment of the market to become postive towards AFC and realise that there is a huge market for their product and the world is now starting to transition to clean energy hydrogen power technology.

Not just Greece but the Balkans, Bulgaria, Spain etc, UK (Billingham, Deeside) and USA (North Fork)

I am just not informed of the 'Inspirit' tech and how this would be a worth while collaboration for EQT

https://www.lse.co.uk/rns/INSP/possible-new-application-and-collaboration-vtfwkzsfw8cydbk.html

Sounds like EQT with reference to USA, UK and Europe but its not possible to tell.

Interesting that someone is making a comparison between ITM, CWR and AFC suggesting that AFC look like a value option in comparison. Gap will close next year in MCap.

A few more sales and it most certainly will.

Yeah, that's exactly what Extreme E thought when they decided to run the project in some of the worlds most remote locations.

That would really showcase the benefit of EV's wouldn't it ? Not providing a charger for the cars in the artic. Not quite a simple as plugging into the grid is it. Believe it or not, there are some places not as remote as the artic, or rainforests etc that still do not have a distribution network or even require an expensive upgrade to allow the transition to EV's.

So if companies are not looking at how to meet the requirement for a cleaner environment, companies like DPD, or Waitrose, ASDA, Tesco, UPS etc, companies that will be looking to transition to EV's at some point in the near future, what are they looking to spend their money on ?

Had they read past ' Our mission is to help the world.....' they would have perhaps realised that lenlenlen.

Its a fairly obvious mission statement for a gasification business that creates energy from waste.

WeylandYutani, absolutely correct, but I do not hold 242 quidsworth,

I only return for my daily fill of what you chaps are up to. Its brilliant !

Daz, welcome aboard the AFC supports train.

AB has actually delivered these statements and more is to come. 'Shareholders' need to stop running the guy down and get behind him. A bit like Alejandro Agag and Lewis Hamilton.

Oh my god. Sentiment people

SENTIMENT

MP0818, You should know by now then that the AIM market trades on sentiment as much as substance.

AB has provided the substance. 3 contracts and revenues in excess of £1m plus a £32m oversubscribed placing.

Its our job as shareholders, including you and DW to provide the good sentiment and change the opinion towards the company. If you cannot get behind AFC now then you never will. I dont knownwhat more people want to hear.

3 contract wins for 3 different formats of the H Power system. Ongoing trials of Alkamem with positive results. Securing a production facility for mass production to meet the demand of expected orders. >£1m in revenue. All delivered in some of the most restrictive times in my life, without furloughing any workers.

Come on, get behind it or think about changing your investment strategy.

DW, the market likes nothing at the moment. After 10 years of holding AFC shares I couldnhave told you the market would not react to this mornings RNS. Take what you want from it. Next year will be very good and I get the sneaky suspicion that there is more to come this year.

I dont understand why people can't just get behind the company. AB has released a positive update yet some still moan.

Oh, my 3 favourite topics. Each one has not stopped climate change being the biggest issue we face, hasn't stopped AFC making progress in developing the solid and liquid systems and Alkamem hasn't stopped AFC signing 3 deals this year with more to follow shortly and in the coming months.

AB is perfectly capable of writing his own RNS he is a fairly intelligent guy and very articulate when it comes to discussing the AFC products. If you don't believe me just ask Alejandro Again, Lewis Hamilton, Acciona and Julich.

We can keep slating AFC but let's be honest, £1m in revenue under the 3 global conditions you mention doesnt put them far behind ITM.

Next few months will be transformational

'The pipeline of opportunities under development continues to grow and the Company is now working with both prospective UK and overseas customers in the advancement of several new multi-order initiatives and further announcements will be made in the coming months at the appropriate stages'

'The growing number of enquiries for our system are increasingly highlighting and validating the market opportunity for the Company in its key target markets of construction, temporary power and ultra-rapid EV charging, where we hope to be confirming a number of these relationships to the market shortly.'

Shortly and coming months.

Before 2021 we could be hearing significant news. Reiterates comments made in earlier RNS releases that there is a lot going on behind the scenes. Things are starting to come together.