Member Info for Bondy123

Whether the silence is based on advice from their advisors. I.e why release any news in to a falling market when you can release a string of good news when it is rising? Purely speculative and hopeful I guess, but a possibility?

DW - I wouldn’t base your valuation of these cells on the £4m paid by ABB. I would have imagined this has been costed at a premium to pay for AFC’s prioritisation to push the development of this through.

Yes DW, give it a rest for one day for gods sake!

Haggis, I think you actually put in more work promoting AFC on social media than Mark Bailey does. Just look at his activity on LinkedIn and you’ll see what I mean.

So we're outsourcing the development of our products now too?

Fair Play for reaching out to GB directly, Garonne.

(Insert questions here)….

Thanks Alt.

“But the L Series is still for sale on the AFC Website, if they were not specifying it to client requirements it would have been delisted“ - Haggis

Have you seen the website lately? It’s barely fit for purpose and doesn’t even feature the power tower.

Alt - is the power tower - in any form, a complete product in your opinion? I.e could someone buy one today and start using it?

Marley, that’s besides the point. Most communication that has been coming out of Adam bonds mouth for the past couple of years has been about manufacturing scale up, commercial orders, pipelines and so on. He raised £60m to forward this company to commercialisation, yet it looks like the money will be going in to further product development. What investors, and I hope I speak for most on this board, want to see is the glide path towards sustainable revenue and profits for this business.

Of course we expect them to continue R&D, but not before they show us they can sell what they’ve announced and complete products.

Even though they’ve launched the power tower, I don’t think anyones even seen one working. For all we know, it’s just a shell with a stack inside it that’s not even capable of being switched on yet. Not saying it is, but it would not surprise me. From our perspective, we’ve been told this product has been launched and ready to purchase. But is it really?

Does that not concern you, Alt? After all of these years, we are fronting as if we have a product to sell, but don't look like we're about to ship many out any time soon? At this stage I'm just confused as to where we are with it all.

The question is whether they are expanding in to an even bigger R&D org, or gearing up to be a scaled manufacturing business.

.......Says the Old Website which doesn't even feature the Power Tower in it's product section........

Haggis, what happened to the imminent orders in April??

Haggis, what happened to the MM's that were holding this at £500m Market Cap?? lol

What happened to that bounce Haggis?

That’s right there is a tech sell off accross the board, even apple has suffered considerably. Do agree that sales progress and some kind of update would be helpful though.

Cheeky boy that depends on what the manufacturing capacity is and what the units cost, both of which we don’t have… so As much as I’d like to think we could be profitable, we don’t really know what size order it would take..

Garonne is not a troll, nor a conman, I believe. He just dares to challenge the status quo here and that is ok as far as I’m concerned. Nothing he says is as bad as number claiming this is going to fall to the floor, or haggis, who claimed this had bounced the other day, and that MM’s we’re trying to keep this at £500m lolollll

To keep the £200m market cap, which is about 50 x on what earning this year will be, AfC needs to show soon that it will go from c.£4m this year to c. £8m+ next year. He’s got 6 months from me from here to demonstrate real commercial progress. I think that’s fair. If we’re still waiting for altaaqa, abb progress by then, i think it will be time to call it a day (for me). Glah, dyor.

This is market wide and the scary thing is this could be a drawn out period of downward pressure on the share price. Perfect storm of ongoing war, financial situation in Europe worsening, inflation and interest rates rising, retail investors selling out to cover new costs of living. In all fairness a new website isn’t going to do jack to the share price, only commercial progresss will. On the positive side, we have a good amount of cash to ride through it but the cash pile needs to be augmented with sales soonish for the company to maintain its market cap.