Member Info for Daz9643

It’s great news being awarded this £4m grant but it doesn’t change a thing. The fact that the government has recognised AFC doesn’t mean anything, they know nothing about AFC, only what Bond has presented which we’ve all known for years is always hyper over optimistic and comes to nothing, communication with shareholders continues to be insulting despite multiple announcements that they agree and have a new communication strategy, still no sign of sales, no update on the ABB system or the Acciona system, nothing on Juelich, urban airport, etc etc. the shorters are well aware of all this and will probably be increasing their short today while all the mugs here post ‘topped up at these crazy low prices’

No Heath, someone drove into the side of me going through a red traffic light and wrote it off. Got a newer more fuel efficient diesel Kia now, no lithium mining involved in its production, and no greenwashing involved when I fill it up.

The planet is burning and Bond still can’t sell a single power tower.

For anyone that is following Altaaqa -

Thrilled to support the spiritual journey of Hajj 2023! Altaaqa, your local power rental solution, is honored to bolster the national grid during this sacred season with over 90 generators, a total capacity around 50 MW of energy across various locations. Under the unified contract, we're not just providers, we're strategic partners in this profound experience.

So much for our strategic partnership ! Still no hydrogen fuel cells being offered by Altaaqa, what are AFC doing ? What is Bond doing ? What is the point of these strategic relationships when nothing comes from them ?

See you’re spamming the ITM board as well, you’ll disappear in a few days as quickly as you appeared

Of course it does, it’s job done for them without having to buy a system

Bumble, this comment from Bond -

Commencement of scale up of manufacturing process for AlkaMem® anion exchange membrane

Was deliberately worded to infer that Alkamem was ready for mass production - so who is distorting the truth ?

Also from the 2021 half year review -

· Current book of over 50 qualified fuel cell deployment enquiries - the majority of which represent multiple order potential.

· BK Gulf appointed as mass producer of fuel cell system balance of plant in Dubai.

Outlook

· AFC Energy expects to announce multiple new system orders in the second half of this calendar year. FAIL

· On track to complete design and system architecture of the integrated ABB / AFC Energy high power EV charger unit by the end of June.

· On track to supply first fuel cell system to ABB site in Q3 for physical integration with high power EV charger.

· Following COVID related delay, AFC Energy fuel cell system now on track for dispatch to ACCIONA in Q4 2021.

· Multiple new product releases expected for second half of this calendar year. FAIL

· Juelich fuel cell system for German micro grid on schedule for completion in Q4 2021. FAIL

· Receipt of first commercial scale ammonia cracker for system integration next week that significantly advances competitive upstream fuelling strategy.

· Strategic collaboration in maritime sector under discussion.

· Assembly and commissioning facility at Dunsfold Park opens this week, incorporating office space for new engineering team.

· Recruitment of new product engineers, manufacturing and field technicians, fuel cell and polymer scientists, and commercial staff expected to continue with on average of two new starters per week.

· Commencement of scale up of manufacturing process for AlkaMem® anion exchange membrane ("AEM"). WHY ? IT’S BEEN DROPPED ! FAIL

· Preparation for delivery of full prototype high power dense AEM fuel cell by calendar year end.

Adam Bond, Chief Executive of AFC Energy, said:

"AFC Energy continues to make great strides as a leading clean energy business, now with the successful deployment of our hydrogen power technology, the signing of international deployment partnerships and the recruitment of a world class Executive Team all essential elements in positioning ourselves for future growth.

Our oversubscribed fundraising puts the business in a robust financial position, allowing us to increase investment during the remainder of the year in the people, technology and product development needed to grow our order book and commensurate revenue. LOL FAIL

With carbon emissions now returning to pre-pandemic levels and the UN stating that 2021 is a 'make or break year' in the fight against climate change, the need and demand for our emissions-free energy solutions has never been greater. In the year of COP 26, our growth plans are central to the ongoing decarbonisation of key global industries."

WHAT GROWTH PLANS, THE HOCKEY STICK ?

-ENDS-

Was great to get an RNS that they’re contemplating building units in Germany lol, but only after paying expensive consultants to tell us if it’s a good idea.

Sector rises keeping AFC above water at the moment

Wake me up when we’re at 60p which was my original but in price about 10 years ago

This is going to be the oddest shape hockey stick, I can’t see it catching on anytime soon.

Yes AFC love paying consultants, they’ve designed 3 or 4 new websites and a few years back gave us a new product line and of course ch2rge lol, they told us we needed to target the EV charging market but still, years later don’t a commercially available EV charger, only an EK charger, and it’s taken so long the market focus is now construction, so yes let’s welcome the results of the study.

Clearly another Bond diversion tactic because of zero uk sales he’s trying to give the impression that it’s all go in Germany.

Made me laugh msggiesdad bash bash bash 😂.

‘As a consequence of this decision, AFC Energy is also commissioning a study into the potential co-location of development and large scale contract manufacturing facilities in Germany to support the growth in system deployments. ’

What growth in system deployments in Germany or Europe ? Growth from none to one soon ?

What was the point of the hanger at Dunsfold, that was for large scale manufacturing, then we heard the new CFO say they weren’t sure whether manufacturing would be done in house or subbed out, now manufacturing will be in Germany. Oh I forgot, large scale manufacturing was also going to be done by Altaaqa. Wow Bond is so busy doing all these deals that he’s forgotten he needs some customers first. All this infrastructure to make chocolate teapots.

Off now to check the air products social media for their news on this massive agreement to supply hydrogen to AFC for testing new products, a few bottles a month ?

Love AFC, love AB, love Robin.

Sorry, I mean loathe 😂

19/05/2022

Hydrologiq Deploys First 30kVA Hydrogen Fuel Cell Generator

Hydrogen-powered generator starts tour of UK in Aberdeen. This is believed to be the first deployment of a 25kW fuel cell generator anywhere in the UK.

This deployment is supported by a grant from the UK government department BEIS. The trial started 2nd May 2022 and will end Monday 30th May 2022.

Google it, AFC nowhere, plenty of hire companies and fuel cell companies though going back a few years. First mover advantage 😂.

In the investor meet interview when asked about the poor sp performance Bond blamed it on high inflation and money leaving the growth sector so you may as well just read the FT rather than coming on here thinking anything AFC do will influence the share price.