Where We Are21 Jul 2022 09:16
Full Disclosure - I've not been AB's biggest Fan and I am not claiming to be now. My main goal is to make money from the SP increasing, and realising the potential of this tech over the long term. I will be taking a view both mid-late next year (when I predict we will have c.1 year cash left), or, all being well and progressing as stated and, will continue to hold over the long term.
The reason I am declaring this is to separate myself from some of the obvious bashers on here. For me, as long as they get these orders out to the constructors in the next couple of months, that's great, and they should try and max the publicity from this. The other milestones are completion of the Methanol and Ammonia cells, delivery to other partners. And any further confirmation of commercial progress will push the share price, as this is ALL commercial progress.
DW - I'm not really concerned with whether they can produce 100 units today as, to move the SP, they don't need to produce them today, they just need agreements. We have a factory fitted out and staff clearly recruited in to it, so I have no doubt they have enough to take initial orders. The obsession with Bond takes away from the achievement of other leaders at the business such as DH.
They have done well to get agreements out to some of the leading names in construction. If I was watching from one of the plant hire companies, when these news releases came out, I would be straight on the phone wanting to be the first plant hire company helping to go green. It makes good business sense over anything else.
This daily bashing is not doing anyone any good. I also don't believe it is affecting the SP if thats what you think its doing. Give it a rest for a few days, and if there's no progress in a few months time, I'll have a moan with you. Until then, have a kit kat!