Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
Haggis certainly puts in the hours copying and pasting irrelevant nonsense, if only he put his effort into finding out when AFC will start delivering the £2m order to Speedy and when they will be able to deliver the £27m order book
5th may 23 - moneyweek article
AFC Energy (Aim: AFC) is a "flex fuel cell" manufacturer of alkaline fuel cells, which uses nickel in its electrodes. There are competing methods of making hydrogen fuel cells, and AFC's alkaline fuel cells have much cheaper components than the proton exchange membrane (PEM) fuel cells that ITM Power (see below) makes. The downside is that its alkaline technology is less energy-efficient.
Recently AFC announced a successful field trial of its first prototype methanol fuel tower with Acciona, an engineering company listed in Spain. The company reported revenues of £2m in the year to 31 October 2022, and this is forecast by brokers to rise to £11m this year and then jump to £140m two years later, when the company is expected to break even.
So brokers were expecting revenue of £11m last year but was actually £200k and only predicted to be £6m this year.
Next level EV infrastructure scale-up — this is the way to do it ⚡👍
As we look towards 2025 and the rollout of the first public #MCS chargers on highways, Florian Naegele, CCO & President EMEA at ABB E-mobility, held a highly appreciated keynote speech on the first day of the Nordic EV Summit.
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3. A move to industrial-grade reliability and total cost of ownership. Time is money, especially in commercial transport.
4. Seamless interoperability: Industry-wide protocols need to mature to ensure smooth integration.
5. Systematically planned grid expansion.
6. A broader data exchange to fully integrate #EV charging with any business.
When we overcome these challenges, we will pave the way for a more sustainable and efficient future in zero-emission heavy-duty transport.
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Tennents, I have watched the Q&A and did understand the words thanks.
Erm, so, the, one of the reasons we like the 30kW generator size is it doesn’t require, you know, tube trailers of hydrogen to be delivered to site daily to replace fuel that, you know, has been consumed the day before, erm, with the size of the 30kW generator and and and the sort of the numbers of generators were looking to produce over the next year or 2, there’s certainly enough hydrogen in the uk to cover the demand, we’re working with blah blah blah and as some of you may know we’ve bought a couple of hydrogen trailers to move hydrogen around.
So I’ll ask again, how are AFC going to supply hydrogen to hundreds of sites ?
And what’s happening with the fuel tower ?
We’ve been told that hydrogen is not energy dense and ammonia is a much better carrier but we still don’t have any answers, I really believe this will be the biggest hurdle to getting units on sites.
I was referring to the small number of units they already had, not the £2m worth of generators being delivered in the next 3 months, so you really think Bond is going to be driving his refuelling tanker around the country ? But what are they going to refuel when they get to site ? I understand if they drive the hydrogen storage vehicle to site and leave it there but no sites have hydrogen storage do they ?
"Despite heavy investment, the cash position at £24.7m was SLIGHTLY BETTER than our estimate for £26.9m, demonstrating GOOD DISCIPLINE."
How is having £24.7m left in the bank SLIGHTLY BETTER than having £26.9m left in the bank ???
I won’t waste my diesel to attend, I asked my questions at the Q&A only one of which was answered satisfactorily.
How are AFC going to supply hydrogen to site, do any genuine investors know because AB doesn’t !
The problem for me Garonne is that the AFC statement included a caveat that the figure quoted included committed and uncommitted orders, while the broker simply quoted an order book of £27m with no caveat so my additional question submitted to the Q&A that wasn’t answered was what steps were AFC taking to stop the misreporting by their brokers.