RE: Cash runway1 Jul 2025 15:40
I agree, a very intresting read. But as I suggested to Afc Energy Plc. Any problems regarding Afc having enough capital to get them to mid 2026, can be overcome by them requiring deposits on orders for the Ammonia crackers, fuelcells & Hydrogen supply to customers.
There is also the enormous cash contribution of our new S&P 500 company who will be reimbursing our costs for speeding up production etc.
New contracts have also been signed with Tier one customers for fuelcells , such as the 5 contracts upto the end of march. So there will probably be alot more by now.
Also CEO John wison did say on last video presentation that future customers will have to show some revenue commitments to Afc for gaining access to their products & that, it was now not good enough just to sign NDA's to gain access to the technology without cash commitment.