Member Info for Garonne

If it was AlkaMem they'd have said so Bumble and the SP would have responded accordingly.

Why did they not say so then Bumble?

What I'd like to know is why some posters on here seemingly knew, before it was announced that AFC had delivered the 100kw unit to ABB and that includes the ever odious Jim? It stinks!

No mention of AlkaMem in today's announcement Bumble. I'm assuming therefore it's not being used in the ABB unit. Maybe you disagree?

What's not of much value is AFC's SP Bumble, that's the uncomfortable truth.

Escala, how did you know ABB had the 100kw unit before it was announced?

OK Bumble. The positives were that we've still got ABB on board, the 100kw high density fuel cell was delivered and works and the 200kw system is on the way later this year, which will hopefully lead to selling ABB 10 of them at a discount. Here's a question for you Bumble. Why did the market not reward this news today?

Well, the market was clearly unimpressed with today's announcement. Turning an agreed £2 million up front into a £2 million placing didn't help but what's another 10 million shares amongst friends when there's already over 730 million in issue already?! It's clear ABB are calling the shots here. I bet Bond is shocked at the lack of market interest in today's news. It looks like this will be nailed to the floor until we get proper sales so more months/ years of waiting and it'll make future placings all the more difficult for him. It's all so disappointing from the great hope that existed only a couple of years ago. I'm dreading results day now.

Market unimpressed so far. The 20p placement will not be helping. ABB are clearly calling the shots and as usual PIs get disadvantaged and wasn't the 200kw iteration due around now not later in the year?

Yes!

Wow! It was delivered in October! I got that wrong but why the silence until now? It all sounds good but a bit disappointing with the issuance of 10 million more shares at 20p to get the £2million! But I concede that it does show commitment from ABB. Let's hope the 200kw iteration gets delivered on time and works as designed. Could we be to turn a corner? Makes you wonder how some on here seemed to know that the delivery had already taken place! The extended silence on this was unacceptable. Let's see what the market does.

Up 8% in OTC but down 5% on Tradegate. Odd!

There are lot of rampers on here who've been predicting a SP in the pounds for years. Unfortunately all said predictions so far have not materialised. It hasn't helped that the CEO has been grossly exaggerating the company's short to medium term prospects for years either and now his credibility with the market is in tatters, which partly explains the current pathetic 20p SP. For the company to succeed they need to change the Leadership and maybe then the SP might have a chance.

*sniffed at!

Maybe you're right Daz about the news being priced in as Jim said our SP is actually doing better than others in the sector. Maybe we shouldn't be so hard on AB et al because as Jim implies, a 20p shareprice is not to be sniffed under current market conditions!

Don't worry! Apparently ABB already have the 100kw solid cell according to Jim. He believes this so it must be true! I guess we'll be getting an announcement any day now confirming this with a subsequent positive SP response. Hopefully we'll get to the £1.50 Jim predicted for the end of 2021. Can't wait! I really hope he's not just making it up.

https://oilprice.com/Energy/Energy-General/Scientists-Find-New-Way-To-Make-Hydrogen-Directly-From-Seawater.html

Or a bit of honesty from our CEO and delivery of some commercial traction athansius. I mean an ammonia cracker in 2025! Sounds a bit AlkaMemesque!

So Jim's trying to suggest that ABB have had the 100kw cell for months! He's just making that up in a desperate ramp as there is absolutely no evidence to suggest that that is the case. Does anyone seriously think we wouldn't have been told if this had happened? He has assured us previously that by this year's AGM (wonder when that will be) things would be much rosier cause AB said so at last year's AGM! Jim unfortunately is just a deluded fool with a penchant for abusing others who don't agree with his rose tinted view on AFC.

What a load of nonsense Escala! I'd like nothing more than to see the SP soar due to AFC selling copious amounts of AlkaMem membraned "S" fuel cells producing mega watts of clean, green electricity. Unfortunately, that is far from the case despite many utterances that it would be so from the decidedly slippery Adam Bond and so to pretend that AFC are even remotely on target to achieving their stated goals is disingenuous. I therefore call it as I see it i.e. abject failure so far. If they did deliver for ABB I would of course re-evaluate my opinion and concede that I was completely wrong. BTW are you a doctor Esacala?