Member Info for Bananaman2

No. AFC are beyond the testing stage. They are now at commercial application stage starting with commercial trials.

AB has taken the company from a bad place where the tech was not ready, developed new partnerships with key players such as De Nora and found markets for the technology.

Moving from R&D to commercial business is incredibly difficult. Most CEOs are one or the other. AB has now got 75% across that bridge and 2021 we will be over.

Knock him, call him what you like but he ain't done a bad job. We are now waiting for the infrastructure to catch up to support the tech. It will, but in the mean time AFC have started to develop their own hydrogen using green energy so things are not too bad. We can charge cars anywhere not just in a service station or at home.

I get the sense that this will be a significant move next year. 2021 will be the year AFC exceed a £1 SP. The world will be looking for the energy transition to clean up the environment and support new jobs by developing the sector further.

Its very difficult to see where the world is going at the moment. Some say gold and commodities. I cant argue with that but renewables, hydrogen and Green tech should be a prominent sector and play a major part in the global recovery. Especially those companies that are now making the commercial transition and moving away from R&D only.

Looks like things are moving in regards to EV chargers

From the RNS

'AFC Energy launched its first H-Power system in December 2019 and is now working with multiple sporting, commercial and strategic partners interested in the use of fuel cells for rapid EV charging with Extreme E providing a high profile, real word showcase from 2021'

I don't think it will take much more to get a re-rate in the market valuation of AFC. For years sceptics have stated they need commercial orders. This year we have had 3. Doesnt sound much but these 3 orders are validation of the tech in various applications.

The RNS reiterates the point that behind the scenes AFC are working hard with customers to integrate the technology for EV charging. I would expect that with government regulation and incentives the diesel generator replacement market will be heating up as well.

Quite possibly Yellow. We have had Roman Abramovich so why not Lewis Hamilton.

You can make a joke of it but the words AFC Energy came out of the mouth of the greatest formula 1 driver of all time. Now that is an endorsement if ever AFC have had one. I am not sure LH is interested in buying shares. He is not exactly a business man in the general sense but he is in to technology and racing and this is exactly the purpose of his endorsement of the AFC tech.

Maybe this will have the same effect that RA had when he bought in. SP touched all time highs back in 2010 because of that.

My god your short position would get burnt.

There are plenty of companies in the sector with lots higher MCaps and produce a much higher negative revenue than AFC.

Let's praise the tech, get behind them and we might be surprised. This time last year AFC were heading up to 30p. Since then they have 3 commercial orders and the SP 50% whilst other sector peers continue to rise.

25p should not be unrealistic.

Phats. Where are we heading ? I am sure you said 30p by end of July or August. I personally agreed, but the media storm never happened.

Could we possibly be making some progress ? Right place, right time, right sector, wind behind us, commercial product with large scale deployment in the new year.

Starting to get the AFC buzz again. Glad I have only added to my holding over the 10 years hope it starts to pay off for us all.

Praty1. Maybe he did get a cracker just a little too early. Had the feeling myself that I chose a cracker 10 years ago when there was an article on AFC in Shares magazine December 2009. I bought January 2010. Only recently started to realise that I got it right just a little too early. Things are moving quickly now in H2 sector. With all the buzz around hydrogen production someone better point out that its just as important to find a use for it. Power or heat.

MIKODX, I agree, There is no way this should be 18p. It touched 19p and has again fallen back. Market wants blood by the looks of it.

'Wider adoption from other event organisers'

How about Formula E ??

Well done Dibs61. Its painful waiting for the JV confirmation. I guess the SP is a reflection of historical sentiment towards CGNR and some disbelief that the JV will never get going.

Clearly AAZ are very interested in the resource and the JV, they have included this in many presentations. What is not too like about Clontibret ? With 517k Oz if Au rising to around a 1m Oz (due to an increase in cut off price ?) further exploration is only going to add significnatly here.

Within 36 months i would expect th resource to be many multiples of current size, and whilst the JV will result in a 45% share to CGNR it will be of a significantly larger resource of an increasing gold price.

£10m MCap is so disproportionate, when the JV is confirmed by RNS it will be too late. Imagine trying to by at 31p that day ! hahaha good luck !

What suggestion is that ?

Pulling fingers out of butt's?

signing of contracts

Or both?

There is lots like this across the board. Its sentiment. Postitive sentiment will return here once the JV is confirmed and the RNS is released. That way it is official and all the sceptics will dissappear.

It is frustrating but I am sure you have all been told that patience will be rewarded.

Beyond needing an update. This needs some contracts. Since TWs slanderous articles in the summer it seems VDTK get nervous at the thought of sending out any positive vibes to the rest of the world.

We have had a 75kw order and a research note. Both of which done more harm than good to the SP

Patience is probably wearing thin for some and moving their capital elsewhere with a view that there are possibly shorter term options that will provide a better return.

I have missed too many good rises from selling through lack of patience. I have also paid the price for holding to long and seeing nothing for my patience and trust in the BoD to deliver (AFC 10 Year holder)

The jury for me is with the former at the moment but they really need to pull their fingers out their butt's and get a move on before we drop to lower lows.

Lots to come. Lets have something delivered for the market to chew on. Much longer and it won't be 1 big order needed it will need to be a stream of them.

An update. We need more than an update. This is getting dismal. Ever since TW got on the case. I surprised someone hasn't taken the guy out yet. I am sure he must have upset a few people in his time.

Yeah, an update is long gone. If all we get is an update between now and November there will be some very unhappy investors

Good find. Pretty much supports what was discussed here previously.

Eqtec gasifiers as either prior art and therefore Aries patents are invalid

Or

The Eqtec patented gasification equipment is not infringing on the patent of Aries as there is a significant difference.

Either way, Aries do not have a case and their patents are a 'Waste of Energy

I favour the former to be honest with Eqtec invalidating the patents of Aries. This would send a message regarding future claims.

Needs to get above and stay above 12p first. 17 may be a tad optimistic.

Prophet. Where do you get the price of $25 per kg ?

I also noted that a project with Ewergy was to receive planning before the end of the year. That would still leave a pipeline of 20 odd just from there.

You are probably right Newboy. They can always do that when we start to pull out heads out of COVID. An interview on either platform would reach a much wider audience.

There could be much more to discuss by new year and in the mean time us believers cam continue to accumulate at this level.

What i also took from this is the considerable savings for businesses to deal with their own waste rather than perhaps pay for it to be dealt with. Any producer of mine carboniferous waste can utilise the advanced gasification process to generate heat, power or syngas to utilise on site. Classic example being the terracotta producer in France mentioned in the interview.