Member Info for Daz9643

I agree Anneowl and along with the drawdown with a new company nobody has ever heard of, Thalion, none of this sits well with potential investors regardless of how good the products are technically.

i like the way they dropped the bid this morning to try and catch some stop losses and they got next to nothing

Gridserve has completed a huge co-location project for Warrington Borough Council. The 34.7MW solar and 27MW storage farm at York was constructed in five months. The council, which is also buying a 25.7MW solar farm at Hull, expects to earn millions of pounds in annual revenue from the two schemes, selling power and grid services from the York farm while using the Hull development to power its own buildings. Sleeving in its own power is expected to save the council around £2m a year. Subject to planning permission, the York site is also expected to be one of the first of Gridserve’s ‘electric forecourts’, battery powered hubs for ultra-fast electric vehicle charging.
Pivot Power also plans to deliver a network of electric vehicle charging hubs powered by massive batteries. The company was recently acquired by EDF Energy. Harper, who was CEO of Belectric before it was sold to Innogy, says further consolidation is “inevitable”.
I don't see us having first mover advantage, only in AB's world. In both examples above there's no need for customers to understand hydrogen, how you transport it, refuelling, safety etc.

Because they will run out of money early in the new year unless there has been income that we don’t know about. Yes they do have the drawdown available but twice already they have chosen not to use it and seem to make a point of mentioning it frequently that it hasn’t been used

I think you’ll still get your chance early in the new year when orders will be announced in conjunction with another equity raise

AFC saw it as an easy way to get a little bit more cash, so they obliged.

Yet you say they could have drawn down on 4m ? surely that would be easier ? the drawdown is already in place.

so why did they just raise £0.5m ? shows your intellect....

financially sensitive news is subjective

Why is it scaremongering ? The new website news was released on the 15th and on the 19th the RNS re; Equity raise. There was plenty of news that could have been released sooner but was held back.

Oh i've got a big pair Haggis, the onlt problem is their hanging about an inch lower now than when i first invested in AFC.

Jgbb, as i said already it looks highly likely that any good news is beig saved up to be released for the next fund raise as happened a month ago, there simply is no other logic to it, it's either that or sheer incompetence which i don't think it is from what we have seen as a final product, AFC clearly know what they are doing technologically, have we really designed an in demand product is still one question due to no orders being announced.

The problem is that while we wait others are doing, if a customer is shown the AFC system against the battery one I highlighted yesterday and that Rolec are pushing, customers understand batteries, they do not understand hydrogen, what are TUVA doing, where are the AFC tweets explaining the tech, if we hadn’t had the RNS and the roadshow to the outside world there has been no marketing. Things are moving incredibly quickly in the hydrogen economy and AFC react to everything far too slowly if at all.

So bloody frustrating Bumble, Chippy, that’s all

AFC is for temporary use, that’s why it’s in a container. In a few years the grid will be able to cope so it’s all only temporary. Look at all the other technologies in development, bidirectional charging so cars can feed power back into the grid at peak times. Bond said we had first mover advantage, with every day that goes by it’s looking more like non mover disadvantage

FYI Bumble, it was a Rolec tweet. I was criticised for saying I’d like to see our EV charger for sale on the Rolec website, ‘give them a chance’ you hear, well this is what happens....

Just seen an ad from Rolec for this off grid battery solution, looks like direct competition for AFC, what are AFC playing at !!!

The ‘equity raise’ RNS was 19th November, and by coincidence the amount was around the same as the monthly cash burn, my last calculations were that they would run out of money in February so I’m pretty sure we’ll be hearing lots of good news this side of Christmas along with another raise.

new article today -
A final planning application still needs to be ratified by Cheshire West and Chester Council in January, with Waste2Tricity hoping the 10-month construction project for its site on the Protos business park will be completed by the end of 2020

I can only assume TUVA must have been canned.

19th September 2019
Internet shopping giant Amazon has given a further boost to EV start-up Rivian by placing an order with the company for 100,000 electric delivery vehicles.

The fledging manufacturer is aiming to produce a range of go-anywhere 4x4 EVs built on its own bespoke platform, showcasing the R1 SUV and R1T pick-up at last year’s Los Angeles motor show.

Rivian has attracted high profile investments from firms including Ford, with which it is working on future vehicle development, and Amazon.

Opinion: will Amazon's electric van order disrupt the car industry?

The internet retailer invested $440 million (£350 million) to lead a $700 million (£544 million) investment round in Rivian earlier this year, and has now furthered those links with the massive order, which it says is the largest ever made in an electric delivery vehicle.

Amazon says that the first Rivan-built vans will go into service in 2021, with the plan to have 10,000 on the road by 2022 and all 100,000 in operation by 2030.