Member Info for Bondy123

MPO, whys that? Also, if that's the case, why are you here?

I can certainly see AFC with a market cap of £1-£2bn in the next couple of years.

AFC never follows Ceres and ITM, it often lags I find. Different companies that are at different stages of their lifecycles. I wouldn't read in to it too much.

Tenbagger - because we do actually have commercial contracts to fulfil. There is already a commercial unit there which has experience.

We need scientists to keep the products ahead of the curve.

MPO this is quite possibly the dumbest analysis I've ever read. You can't value a company just by looking at the share price.

I'm going to ignore your speculation, Alt - but point out where I have been 'bashing', all I did was post a link to a similar company that had some news and challenge Haggis on whether AFC need salespeople or not. All I'm saying is I know AFC have sales people, but it would be a positive sign if we saw them recruiting for more as part of this hiring push. There's no need for name calling.

Staggers, it would be an option to explore. We need to align ourselves to scalable green ammonia suppliers. If we're in parralel markets, then they would have no issue supplying it for a fee.

Haggis, who are you calling a numpty?

AFC do not need sales people? What planet are you living on? To have a scaled business, you need new business sales people and people to manage and service existing accounts. Yes, initial sales you can get away, but we are looking for signs the business is scaling it's commercial effort. More commercial folks = bigger pipeline and higher prospect of orders.

So the fact they have a novel approach to creating green ammonia is irrelevant?

Compared to some of the rubbish you put on this board, I'd say it is pretty good information.

https://www.prnewswire.co.uk/news-releases/gencell-achieves-a-significant-scientific-breakthrough-in-its-innovative-green-ammonia-synthesis-development-project-833983031.html

Of course, Jim. AFC differences aside, I think everyone would want peace in Ukraine. Puts things in to context.

No sales jobs then Haggis?

Probability of an update next week = highly likely.

Ginner - you might have stunbled on to something here. Can you email the company and ask them to clarify!?

Again by Motley fool this morning in the context of the current environment. Always take Motley fool with a pinch of salt, but this time it does play in to the point I made recently.

"These are testing times for stock market confidence. The largest military campaign since the Second World War has sent UK share prices sinking in recent hours.

Market volatility has been particularly severe for penny stocks as traders sell smaller and more financially vulnerable companies.
The immediate outlook for penny stock prices is packed with uncertainty as the crisis in Eastern Europe worsens. But as I recently explained, I plan to continue investing in UK shares, despite this near-term risk.

I’ll keep taking a long-term view and search for quality companies on course to deliver great returns. With some decent research I’m confident of finding top stocks that will deliver strong eventual returns, despite the impact of near-term market volatility.

AFC Energy
Take AFC Energy (LSE: AFC) for instance. I expect profits here to balloon over the next decade as demand for low-carbon energy soars. This penny stock not only manufactures hydrogen fuel cells, but it uses renewable sources to produce the gas rather than fossil fuels.

It’s been estimated that hydrogen cells using the latter emit larger emissions than coal and gas compared with AFC’s ‘green’ hydrogen. As a consequence, it threatens to become more and more unfashionable.

I am worried that AFC Energy probably won’t generate profits for many years. In that time it might be forced to take on lots of debt, or even tap its investors for cash.

Still, as a long-term investor, I could be persuaded to accept this risk and buy it. Research house Facts and Factors think the ‘green’ hydrogen market will be worth $1.42bn by 2026. That’s almost double its valuation in 2020.

I believe AFC’s sinking share price provides an opportunity for me to grab the stock at a bargain price. The energy business fell to fresh 14-month lows in recent hours and has halved in value over the past 12 months.

Also - the Ballard product wont be able to take Ammonia (ad it is a PEM fuel cell), so will likely work with larger ships requiring higher power density, but will also need X 4 space than the AFC one to store the hydrogen to run it. Running on Ammonia is the key difference here.

In light of the appalling events of the past few days, diversification of the energy mix, away from hydrocarbons is absolutely crucial. Germany already mentioned Hydrogen, but I really hope this will now be the time when the sector regains some of the momentum of early 2020. I really hope governments get behind the production of green hydrogen / ammonia etc, and technologies like AFC, ITM, Ceres and others much sooner rather than later. Perhaps a selfish want considering other more important things, but I've never wanted this technology to take off more than now, and it's not just because of what it would mean to me financially.

War has broken out in Ukraine, stock markets expected to open ‘sharply’ down. Fml and screw that Putin. It is highly likely that all stocks will drop hard in the coming days. I guess if you think this is not the start of ww3 and that Afc will still pull through, a real buying
Opportunity might present itself imminently.

Forget Back up power, AFC just need to start selling product regardless of market, otherwise we will become insignificant amongst all of the competition.

This year, AFC need to prove;

1. We have products that the market actually wants, that are competitive with PEM, SOFC or other Alkaline based fuel cells.

2. That AFC is able to sell / lease those products in quantities greater than 1 at a time.

3. That it is able to produce those products at scale, with consistency and a high degree of quality.

4. That it is able to deliver on committed contracts and can become a reliable supplier.

5. That it is finally able to move away from being an R&D house to a commercial organisation.

Surely the above is what is needed to return 'shareholder value'.

Does anyone ever wonder what De Nora got out of their collaboration with AFC? I highly doubt any development work they did on our electrodes was for 'free'. Did they get to use our alkaline technology in the products they provide to market (allowing AFC to focus on fuel cells for off grid power, ev charging etc), whilst they get to use some of the proprietary tech for electrolysis.

This is completely speculative, but I don't imagine they would have worked with AFC for a few years for charity. The reason I put this out there is that some of the language they use around alkaline, most effieienct etc, sounds like a number of AFC's key usp's in the fuel cell field. Is it that they have effectively taken the IP for electrolysis? Again, could be completely wrong / speculating, but I find it odd that De Nora would have done anything just to help us along, and there was never any mention of a commercial agreement between us.

I know there was the promise of them being our preferred manufacturing partner for electrodes, but why would such a large company trust that AFC was going to make it worth it's while? My hunch is that there were components to the agreement that we are unaware of. I think it's a fair question to ask AB what De Nora got out of the relationship, and whether we gave them any exclusivity on the use of our tech? IMO - Sensible responses only please.

Southern : "Could the cracker be miniaturised to provide 400+ miles per tank?"

I'm sure there was a throwaway comment from AB at some point saying they may be able to do away with the cracker. who knows.