Member Info for Daz9643

AFC sure know how to pick their partners !

Talk about low expectations ! A company losing £1.3m a month, ah but they’ve worked their little fluffy socks off, don’t push them to work too hard or they’ll cry. Grow up. AFC need to finally as has been promised for years ramp up the manufacturing and get units out the door, assuming of course the order book is real. I want to see shareholder value released from the ammonia cracker as Bond promised would happen in the near term, I want to see orders from TAMGO as Bond intimated in the near term.

Happy to let the AFC staff have a break 😂🤡. They’ve had a break for the last 17 and a half years ! It’s only been the last 6 months they’ve actually been busy, oh but the manufacturing was outsourced anyway. Maybe instead of having a break they should crack on with delivering the £24m order book !

Pandy, it does make you wonder what all the manufacturing staff were doing while waiting for the parts, for then to have all the manufacturing outsourced !

It will have been a large labour cost with people sat around doing nothing and a bigger cost paying for the outsourcing, so yes we had £4m revenue but I doubt there was any profit

‘He made two buy trades not just one, I wonder if that means we’ll see more buys from him in the next few days?’

No, but it means we’ll see lots more ramping from you

I hope AFC timescales are realistic now that Bond has gone, or we at least get an update if they are going to slip significantly

It could well be that nifty lift don’t want to rely on a sole supplier as that is always a business risk. As AFC found out to their peril with supply chain issues.

The problem is CN is that you see everything as done deals. When will you learn that 95% of deals/partnerships that are announced by AFC end in failure ?

With Bond gone hopefully that will change.

Take Niftylift for example, how do you know that AFC will be able to engineer their fuel cell to fit in a small space within the lifting platform, they’ve never attempted it before, you have no idea how complex that challenge is.

The United Nations' COP climate talks are "no longer fit for purpose" and need an urgent overhaul, key experts including a former UN secretary general and former UN climate chief have said.

n a letter to the UN, senior figures say countries should not host the talks if they don’t support the phase out of fossil energy.

This week the Azerbaijani president told world leaders gathered in his country for COP29 that natural gas was a “gift from God” and he shouldn’t be blamed for bringing it to market.

That came days after the BBC reported that a senior Azerbaijani official appeared to have used his role at COP to arrange a meeting to discuss potential fossil fuel deals

And to think Haggis used to ramp like crazy in the run up to this annual event.

CN, Alkamem was a big deal at the time, you won’t know as you weren’t invested back then, much like the ammonia cracker is supposedly a big deal now. Aren’t you interested to know what’s happening bearing in mind they built a new lab to work on it, then dropped it as a priority ? Or do you happily take on board the information given to you and never question anything like a baby ?

Launch of World-Class Anion Exchange Membrane Hydrogen Fuel Cell Test Facility.

Completed in 2020 and to date no tangible results on this big investment, what is going on with Alkamem, AFCs 3rd revenue stream lol ?!

What usernames do the think the directors are using ? Presumably you have some evidence rather than just a grudge that you don’t like repeated negative posts by the same individuals ?

Yes CN the trickle started 15 years ago and we’re still waiting.

The £4m revenue was generator sales to Speedy, they now need these out on sites earning revenue but the question is how long will it take before they will need to order now. Revenue for next year was predicted to be £11m. I wonder what that is now. Not enough information from the investor meet greet unfortunately.

I’m sure Trotter will answer on behalf of AFC 🤡

So because Speedy have exclusively in the uk, potential customers who are not customers of Speedy and want to buy a unit outright have no option to buy direct from AFC.

No hockey stick sales curve then, since now we have delivered the £4m Speedy contract and received some revenue from Acciona it’s clear the order book has gone down !

Dixon Clark said they wouldn’t comment at this stage in the life cycle when we would hit break even yet Bond did exactly that a year or so ago !

‘Investment in H-Power 30kW generators - rollout of initial Speedy Hydrogen Solutions' orders and, when placed, TAMGO orders;’

While in the investor meet greet we were told the first batch of generators was almost exclusively for the UK.

AFC have made £4m revenue by selling units into a joint venture that they own 50% of. Did you see the slide that showed what the revenue was made up of ? Generator sales. The only rental revenue was from the one unit that Acciona have. Good progress but a long way still to go.

Now Speedy need to get those units out on sites earning rental and AFC earning from Hydrogen supply.