Member Info for Daz9643

That’s not an AFC unit you 🤡

CN read the 2023 year end results, it stated we had £27m in orders, fast forward 6 months and we’ve got a £26.2m order book. Stop posting rubbish.

Filter me then you 🤡

Christ never gives up 😂

Must have been total fiction, since in the interims it was announced,

‘Our rapid inventory build-up, accelerated since the fundraise, means that in H2 FY24 we will complete delivery of the first order. We expect additional orders within H2 FY24 and, supported by the recent fundraise, are building further capacity to deliver them in the coming months.’

With the already ‘rapid’ inventory build up and being ‘accelerated’ since the fundraise you’d have expected the revenue forecast to increase yet it has gone down !

Why ?

I believe it’s because as above, ‘in H2 FY24 we will complete delivery of the first order. We expect additional orders within H2 FY24 ’. I don’t think they actually have any other orders yet other than the £2m from Speedy so I’m guess If they don’t place the further £2.7m order the revenue for the year could be just the £2m plus whatever from the Acciona rental. But, by the time we know the results Bond will have conveniently left the building.

Ah the old 15 year startup nugget again.

Here’s 10 hi tech companies started in the last 15 years, go figure…

1. **Snowflake**

- **Founded:** 2012

- **Turnover:** $2.6 billion (FY 2023)

2. **Rivian**

- **Founded:** 2009

- **Turnover:** $1.66 billion (FY 2022)

3. **UiPath**

- **Founded:** 2005 (significant growth after 2009)

- **Turnover:** $1.06 billion (FY 2023)

4. **DoorDash**

- **Founded:** 2013

- **Turnover:** $8.83 billion (FY 2022)

5. **Robinhood**

- **Founded:** 2013

- **Turnover:** $1.36 billion (FY 2022)

6. **Databricks**

- **Founded:** 2013

- **Turnover:** Estimated at $1.3 billion (FY 2023)

7. **Coinbase**

- **Founded:** 2012

- **Turnover:** $3.19 billion (FY 2022)

8. **Stripe**

- **Founded:** 2010

- **Turnover:** Estimated at $14.3 billion (FY 2022)

9. **Nuro**

- **Founded:** 2016

- **Turnover:** Not publicly disclosed, estimated around $50-$100 million in 2022

10. **Ginkgo Bioworks**

- **Founded:** 2009

- **Turnover:** $478 million (FY 2022)

We were moving into the commercial stage in 2018 !!!

AFC Energy announced that it has completed a three-year plan on Wednesday as the fuel cell producer transitions into commercial production.

And still people fell for it AGAIN buying in at 15p believing they were getting a bargain

Bond does exactly that CN ! Have you not read previous years RNS’s ??? We had an agreement with Altaaqa years ago to containerise our fuel cell ready to sell into the Middle East market but apparently it failed because there was a piping issue ! How Bond kept getting away with these throw away comments is beyond me. And nobody questioned it ! The ABB system delayed by a year, why ? A software issue, no I mean wiring, no I mean we had to replace some parts. But you carry on believing the BS if you like, meanwhile continue watching your investment shrink while you could be getting 5% in a bank account

Production is not accelerating, did you not watch the investor meet ? 4 units per month with no plans to increase that for the foreseeable future

It’s a 6 month lease so I’m the words of all LTHs, ‘MORE PATIENCE REQUIRED’ 😂. Plus it was delivered a year late.

Yes it does all mean nothing in terms of revenue. We need units in the field being hired or units sold.

CN do you actually believe what you post ?

200kW delivered ? When was that ?

Acciona unit purchased ? When ?

Which tier 1 construction company has bought or leased a unit via Speedy hire ? Not saying they haven’t but there’s no proof yet.

How much is the niftylift contract worth ? And is it just an R&D contract at this stage, ie proof of concept ?

TAMGO contract has no value and still no orders yet.

Ammonia cracker delivered ? When ?

Please don’t go on.

You mean like Juelich, Alkamem, Dutco, Southern Oil. Either incredibly bad luck or total incompetence. The market and the SP suggest the latter. A new CEO could bring success.

Agreed but all I’m doing is stopping the misinformation with you indicating links to Niftylift on LinkedIn that are nothing to do with AFC as the posts refer to MEWPS that already run on hydrogen fuel cells provided by intelligent energy, not AFC

Niftylift already use hydrogen fuel cells provided by intelligent energy, 2 hours ago their CTO posted this on LinkedIn -

Great to be working with Niftylift as their fuel cell supply partner and supporting the excellent work they are doing to introduce zero carbon emission technology solutions for the construction industry. Take a look at Niftylift Ltd's multi-award winning Hydrogen-Electric MEWPs are running on our fuel cell technology.

The Speedy contract is worth £2m, they haven’t placed the further £2.7m order yet.

What evidence do you have ? Other than Bond saying it ?

How much of what Bond has previously said has been true ?

The question is still why are Speedy not broadcasting these units on customer sites as they are prolific on X.

If the target revenue for this year hit the £6m top forecast and we know they can ship 4 units out the door per month that indicates an average value of £125k per unit, and we know revenue for the first 6 months was £400k so 3 units out the door, possibly ?