Member Info for Bondy123

I think is fair value looking at IP of the cracker alone. If the fuel cells can get some sales traction, then double that in my opinion.

Constructive - I make you right - this is a big project for AFC.

I hope so, I'm still 10% underwater.

Around 500k shares red hornet

I'm not going to! Just checking. I personally feel £250 Mcap is where this is heading.

I can sell my whole holding - @14.14 the bid was 17.16

Saudi Arabia’s flagship NEOM Green Hydrogen Project has crossed a major milestone, with 80% of its construction work now complete across multiple sites, according to project partner Air Products (NYSE:APD). The sprawling project includes a large-scale green hydrogen production facility, solar and wind power farms, and an integrated transmission grid. The entire complex is expected to begin operations within two years, positioning it as the largest renewable-powered ammonia production facility globally.

This makes me wonder whether that S&P 500 company is actualy Air Products. Just WOW if it is....

Https://oilprice.com/Alternative-Energy/Fuel-Cells/Saudi-Arabias-Giant-Hydrogen-Project-Reaches-80-Completion.html

2027 - around the time our crackers come on board...

£250m Market Cap, Minimum - Clean Energy Tech in the hydrogen space. £0.25-£0.30 Feels about right for where it is now, then when sales and orders are confirmed in the next year, sky's the limit.

The SP has risen from 6-16p in just a few weeks. It's only at £133m market cap - It is worth £250-£500m on the tech alone IMO, i.e, this could still go a fair bit further.

The difference is, we can now take scaled orders. We have enough systems for people to trial them for 2025, and by 2026, we’re going to be knocking them out like hot cakes. This means that orders can come this year.

Https://cleantechnica.com/2025/06/11/frances-e520-ton-co%E2%82%82-problem-hydrogen-is-too-expensive-for-transport/amp/

I can validate that - I can sell a tad under 500k in one go....I couldn't even sell more than 50k in one go earlier this week..

Broken 15p this is on the moooooove

I'm sorry but you are just plain wrong in your assertion that electrolysers are effectively only competitive in countries like Saudi. The UK has vast wind infrastructure at this point which is all grid connected.

Your first sentence was along the lines of 'these cracker companies like ITM and CWR need to be worried...ultimately because AFC has a cracker. All I am saying is that I would not be worried if I was senior leadership, or an investor in one of those companies about AFC. Overall, the market will be big enough for all that can prove their technology. I've not looked in to CWS much but I know ITM have proven their technology and are in a completely different stage of their development, and good luck to them. AFC have their own applications and all I am saying is that is is a bit of a false comparison. Also I disagree that crackers cannot operate here, where we have plenty of wind power.

Constructive, as much as I would like to vote up your posts which are trying to paint afc in a positive light I disagree with your post that electrolyser manufacturers have to worry. I say this from a position where I am not invested in any electrolyser company.

The cost argument doesn’t stack up. Electrolysers make electricity from water available where they are placed. So although the upfront cost may be high it gives you power end to end, I.e from input to output. With AFC’s cracker you have to supply ammonia to it which needs to be manufactured and brought to the system, both of which have a cost to the end customer and and also opens up the question to the colour of the ammonia being supplied to it.

Both crackers and electrolysers have their place. As an example, a remote application such as a quarry or a building site may be best supplied by cracking on site, whereas a gas pipeline by the coast may be best supplied by an electrolyser, dependent on where it is. Remember in the uk we have excess wind power that can support electrolysers.

More than that - they already know the potential, they just don’t have the technology themselves..

Which would also possibly explain the pause on current production. If AFC can put existing platforms out on trial and demonstrate the initial demand, a manufacturer could license the tech, as another option and become the manufacturer / distributor?

Unless the fuel cell system / technology is sold to a manufacturer that could make the economies of scale work.