RE: Even if Afc reported £2 million revenue increase that's still 361% increase on 6 months ago. If it's £4 million that is 822% revenue increase in 6 months. Way ahead of others such as ITM etc.29 Oct 2024 19:04
Well Peter Dixon Clark sat with Adam bond in last video & stated, cash burn is where it needs to be & should now remain more or less stable. So unless he wishes to loose all credibility, we can only go off what we are told. So as far as I'm concerned, I'll give him the benefit of yhe doubt. Also I believe the only reason for the revenue forcast dropping from between 5 & 6 million to 4 million . Was simply the fact that Afc expected to deliver the 200kw to ABB earlier than the contracted date of 2024 year end. Because it will now be delivered after CE marking & not early they realised that they would not have the 1.4 or 1.7 million off ABB to count in the figures before year end Oct 24. But it most certainly will be included in 2024/35 revenue figures.