Excellent webinar5 May 2023 22:04
It was a real pleasure to see the webinar this lunch time and get a solid contemporaneous account as to where AFC is.
I get the sense of genuine commercial traction, and a lot of relationship building that will lay firm foundations for construction and EV in the near future, then data centres and finally marine. Institutional investors are coming on board, and AFC seems to be having regular conversations (which yield results) with some of the biggest players globally in multiple areas eg some of the world's biggest ship builders and the world's second largest construction company. The plant hire companies will soon be on board and discussions are on going.
I am also only just beginning to appreciate how big the NH3 cracker story might be. This could be the best cracker tech available and it will stand alone as a product (eg to re fuel hydrogen lorries) as well as supplement H2 power generators. No wonder they have set it up as a separate division. There must already be value attached to the IP and I will be very interested to see how the brokers value AFC now. Remember that before their valuations were based pretty much on EV only and were pre power tower, never mind pre cracker.
I think we might all agree that AFC had made errors in the past, but the pace of innovation and pipeline development in the last 12 months has been staggering. AFC has a very talented team, whatever you think of the CEO, and the new CFO seems a very safe pair of hands.
I do not expect some on this board (and we all know who they are) to change their tune (which is mainly for their own perverse and selfish gain), but speaking for myself I am more confident about the direction AFC is taking and that it will get there than I have ever been before.
Should anyone feel this is a ramping post, please look back at my posting history and you will see that I am anything but a serial ramper.