Member Info for Daz9643

Yes Alt I have admitted to trading in the past, I also admitted that my last buy was at 65p, if I really wanted to talk the price down to buy in cheaper I could have bought in again recently at 29p but I won’t be putting any more in here, so please don’t keep accusing LTHs of lying just because you don’t like to read negative posts. The truth remains that for years AB has been telling us we’re on the cusp but sales are always just a few months away

Kev, LTHs have every right to moan, or more accurately call out AB for his years of failing to meet any target ever. Unbelievable that several years ago we were targeting companies that had surplus hydrogen but then found out they have such cheap electricity supply it wasn’t economic, then AB in one of his interviews boasting how great ammonia is and how abundant it is and now telling us that customer feedback is that they don’t want to use ammonia, you couldn’t make it up. EV chargers were the big push but now not even mentioned, now it’s diesel genset replacement. You want to talk about AFC products ? Fine, go look at our partners websites and see if any of them are highlighting our products. How many Ev chargers have Rolec sold ? Why isn’t our charger on their website ? This was a big deal when it was announced and now nothing, you have to question why.

I don’t check in much any more as there’s nothing happening on the sales front, just wondering if we’re still accelerating towards sales, still on the glide path to sales, building systems to put on the shelf, gaining commercial traction, the pipeline still growing, juggling multiple enquiries ?

The HFC does not accept ammonia ...?
So the L series is proving too big with limited power output but has a USP that it can run off ammonia which is readily available and much more energy dense than hydrogen, which will probably be dropped as we’ve had no interest despite 50+ leads in the pipeline for god knows how many years, and the new S series is higher power in a smaller footprint but doesn’t accept energy dense ammonia so will require more frequent refuelling, correct ? And is still in development so once again we are not commercial and still an R&D company

I don’t understand why Acciona can’t still trial the L Series, the whole point was to get real world data and feedback of the system in action. Another AFC product consigned to the scrap heap in the car park, another product designed and built that nobody wants. AB told us the USP was that our system can run off ammonia yet the new product accepts various fuels so if it’s not running on ammonia we lose our USP ? AB mentioned the HFC will be deployed this year, so December then, great...

I have just watched the video however (I don’t normally bother with any of HAggis’s links) and it is very positive to see Mike Randall speaking in such a bullish manner, He comes across as genuine and knowledgeable unlike Bond.

SIlly question for Haggis, if that were all true why can’t AB sell any ? We’re in the middle of a climate change crisis, an energy crisis, we’ve got the holy grail of clean energy but Bond can’t make a sale. We were told from a previous fundraiser it was to be used to get products on shelves and would get us to break even, there’s no sign of either of this yet.

So even if it’s correct which I doubt AFC have lots of empty containers, whoopy do. Along with an empty manufacturing facility, an empty order pipeline (or at least one that still months later not communicated despite promises), and a CEO who continues to make statements that turn out to be, well, empty !

Can’t remember if I’ve ever seen forecasts directly from AFC so was good to find this from Citywire published last week
AFC Energy (AFC) is an industrial fuel cell power company developing low-cost alkaline fuel cell systems using hydrogen to produce zero-emission electricity, focused on developing large-scale applications. With a market cap of £264m, effectively nil 2021 revenue, with £4.6m and £11.4m projected for 2022 and 2023, it is burning cash at about £12m each year. The company is working with Switzerland’s ABB, who were big backers of its recent £36m fundraise, on an EV charging product as well as in the maritime industry, and with Spain’s Acciona on replacing diesel generators with hydrogen.

Well he told us we were on the cusp 3 years ago so you decide.

FFS no one cares about the HFC, it’s a gimmick

Wow ! Haggis thinks AFC don’t have any business development teams and enquires go straight from CEO to projects, that’s a new level of stupid.

I’ve said before we must still have technical challenges, otherwise does AB really want to be known as the salesman who couldn’t sell the holy grail. I would imagine he knows we’re really close and hence the factory and more staff in preparation for final sign off.

All the better when we finally get news, Mace also said early 2022, I take AB comments with a pinch of salt, much better coming from our prospective customers. Feb/March arguably still early 2022 for me, I know it’s been said countless times before but a little more patience required as ever !

Same as most here cheek, hoping for the best but running out of patience. ABB did a webinar on data centres today, did anyone see it, was there any mention of AFC, seeing as we are actively involved ?

1John, if you want a football analogy, AFC a are a Jewsons league team and AB thinks he can win champions league.

If tomorrow it was announced that Elon Musk was to be the new CEO of AFC what would that do for the SP ? It would sky rocket because he gets results. AB I’m sure is working hard but he is clearly lacking experience somewhere in getting products over the line.

Was tongue in cheek, totally not surprised HMcC fell for it.

Scientists make major breakthrough with nuclear fusion in quest for virtually limitless carbon free energy. Come on AB see if you can sell anything before it’s too late !

Agree Seance, I don’t think it will be pleasant reading and there is little good news to even try to spin this time. I’m not interested in big announcements any longer as so far all big announcements have faded to nothing due to Bonds inability to deliver anything. It’s really unbelievable that we still don’t have a production ready product that people want to buy after so many years and so many £millions wasted.