Stock, a complete optimist would agree with your view. I’m not saying they’re not complete, all I’m saying is I’ve not seen any with the customer or heard anything to suggest they have been delivered.
Also, remember what was delivered to abb was a set of two stacks, not a completely fabricated unit. I agree that timescales suggest they should have built them (particularly since they’ve built a while cracker In that time) and they should be in the hands of customers, but for whatever reason, there is no evidence of it.
I look forward to seeing evidence these systems are at least reaching the end customers in a reasonable period of time (i.e no later than this quarter)
I'm sorry, but this is false. There have been other instances, Juelich, for example, where they haven't reported on a non-delivery, or breakdown of a partnership (many examples here) at the time of it happening. Perhaps in year end updates etc, but there's no proof that the Acciona unit has been delivered, and for that matter, the Speedy and ABB ones either. Of course, I hope that they have, and if not, have faith they will be imminently, but I for whatever reason, I feel the need to point out this is potentially misleading.
With that said, I agree with your points that most of ADE's 'predictions' are there to manipulate bulletin board frequenters. Suspect he is a shorter for Helikon that is panicking. There's lots of great momentum here, and I am happy that there is likely to be a positive outcome for the company imminently. DYOR GLAH.
Stockcheque, with respect, this type of post is just as much junk as what Ade posts. To all normal people - treat these types of posts with caution. Do not base your investment decisions on what people write here. Go with your own (off bulletin-board) research. Good luck.
Fantastic News today. AFC Energy is finally commercial and selling units of it's product.
It's a massive milestone in the history of the company. Adam Bond and his team deserve to be congratulations for bringing us here. Commercial traction will only grow with other partners across Geo's (i.e Tamgo) as a result.
Enjoy peeps, and top up while it's low! (IMO, DYOR)
Still here, still super excited for the prospects, Garonne. I see you’re still here bashing every day, how sad.
Lots of fantastic progress this year, speedy, tamgo, cracker etc and I am sure acciona / Abb is all in hand. AB has actually done a good job this year. Wishing holders and the company luck.
He actually didn't say any of that, Derek. He said he's paid the tax obligations for his exercised options and that he has never sold a single share. AB has over 3m shares and has another 3m to vest, his aim has been to accumulate them.
He has openly admitted that there needed to be a pivot in the way the company approached the market from trying to create a product and taking it to market, to going to a market and creating a product, which they have done now.
It certainly was reassuring. I think the points made on either side were fair considering the long time AFC have been listed. Also, you're right the questioning wanted to focus on the negatives, than all of the positives that clearly exist around the company. AB was articulate in making his argument - even when the topic of Geopura was bought up.
I liked the points AB made about holding a significant amount of stock and not selling a share, that he is confident of meeting revenue forecasts a la Zeus etc, and that he's confident that people will be able to hire units from Speedy this year. Also, there's more institutional investors than at any time in the company's history. Overall - impressed. Looking forward to hearing more from the company.
Adam Bond was indeed in top form - shows those that would be shorting AFC know nothing about the company really. Yes there has been disappointments in the past, but Afc is about to realise its potential. Roll on the next few weeks and we’ll done Adam.
Brilliant Coverage for AFC. For those who are new to the company, here are some pertinent points about AFC;
1. They were recently granted funds from the UK Government.
2. They have done a deal in the UK with Speedy Hire for UK distribution in the construction industry, having had their products tested in the field with Kier, Keltbray, Acciona, Mace Dragados (on Hs2) and others.
3. As well as Hydrogen fuel cell products (which convert hyrdogen to power with no emmissions except water and heat) they have a cracker technology which converts Ammonia in to Hydrogen under development.
4. They are partnered with one of the largest electrification companies in the world, (ABB) and are developing applications for Data Centres, Electric Vehicle charging and Marine.
5. They have over £20m in the bank (before the grant).
6. They have set up a Test facility in the EU at Stade, Germany, working in partnership with Air Products - one of the largest Hydrogen suppliers in the World.
AFC is the Real Deal, and the next few months are going to be very interesting indeed. IMO DYOR.
So much to look forward to;
1. Announcement of 30Kva Delivery to Acciona
2. Announcement of 200kw delivered to ABB with testing results
3. Announcement of CE marking of the 200kw unit
4. Announcement of incorporation of JV and associated structural changes.
5. Announcement of first 30 kva system delivered to Speedy Hire JV.
6. Potential announcement of partnership for cracker development.
7. ED Appointments
8. Follow on orders from Speedy, ABB or Acciona.
9. Manufacturing partnership.
10. Any other left field commercial news.
@Helikon crew, you are playing a very, very risky game! Good luck to whoever initiated that trade. IMO, DYOR, etc.