RE: ABB and Ship fuel cells23 Sep 2023 12:51
Bond said at the AGM that it didn't work due to problems with its structural integrity and I don't believe it's anywhere near, something he also confirmed as he explained it was either wait (he used an arbitrary date of 2030 as an example) for AlkaMem or go now with something else to start the revenue flow. In any case I suspect its development is dependent on Professor Varcoe from Surrey uni and other highly qualified scientists in the field, finding solutions and making it reliable through probably further years of extensive research, not AFC. Bond sold it to the market, even patenting a name for it, when he probably knew its chances of appearing in a reasonable timescale, were minimal. I believe that's the main reason the market distrusts him so much and the SP has tanked.