Member Info for Garonne

"Market development and engagement is positive and growing, as we have unique products with a positive health economic and clinical outcome."

So said David Budd. That bit sounds good. There's clearly still massive potential but sales are what we need!

No pleasant surprises unfortunately. SP back down I guess.

I think your imagination is running away with you again Jim and as for Alt, well! If there's a glimmer of hope that there might be good news, I'll take it. What's the issue with that? I think all long suffering shareholders deserve a break here after years of having smoke blown up their a**** by you know who. Now let's see next week if there's anything to the big trades good or bad.

Something must be brewing. Maybe news is coming on ABB's AEM high density 100kw charger. If that turns out to be the case we'll be off to the races.

In this brave new world of higher inflation and higher interest rates and a shrinking economy the only way the SP gets airborne from here is on the announcement of hard sales. I fear LTHs are locked in until that happens, if it ever does!

"Expected delivery in latter part of the year of ABB's first milestone of 100kW high energy dense S Series Liquid Cooled fuel cell system run on Hydrogen"
From this year's interim results. Would the second half of November quality as the latter part of the year? See the meaning of latter below.
"occurring or situated nearer to the end of something than to the beginning" We've been here before i.e. waiting for big news from AFC only to wait and wait and .......

Either Bond is really unlucky and all his nailed on expectations for orders fell through unexpectedly or he's been deliberately misleading shareholders for years. He's certainly had more than enough time to prove he can deliver said orders but unfortunately has completely failed to do so. Unless we get something significant in the next days or even weeks, he must go, along with his inflated remuneration package.

"AFC Energy expects to announce multiple new system orders in the second half of this calendar year."
Just a reminder of Bond's boast from the June 2021 mid year report. We're still waiting!

Half way through November and no sales, no news on ABB's AEM solid cell nor any other eagerly awaited developments. (Altaaqa for one) It's fine time Bond started earning his considerable corn and finally produce the long talked about, by him, sales!

This isn't looking very promising. All recent gains wiped out even when the sector (with the exception of ITM) is going up. I fear Bond's chickens are coming home to roost!

Up 6% on Tradegate! Will it last?

What a ramping fool!

I just hope AFC are completing high power systems using AlkaMem as you suggest Alt. I wish I shared your optimism!

I fear you could be correct Anne. Is the dream fading fast?

Interstitial! I like it Anne. Any views on AFC's current position?

It amazes me why some on here seem willing to accept AB's AFC narrative at face value despite obvious failings so far. What has he or AFC done to deserve this reverence? To me AFC is more than ever a complete gamble with no firm evidence to date that it will succeed. Power towers running on hydrogen from methanol sounds great but when will they be in a position to manufacture and sell enough of these devices to make a profit or the high density "S" cell? Everything with AFC is manyana and that's the big problem.

I guess it depends if you need the money sooner rather than later Rpw. If the SP recovers to £1.60 it will likely go higher as such a recovery would no doubt be indicative of progress being made in the business around profitability etc. but ultimately it's your decision and a profit is always worth taking.

The pressure's on Bond to reveal ABB's 100KW high density solid cell. This is late 2022 after all so it's due around now. (See below from last year's EOY operating report) If this clear expectation is not achieved the market will punish AFC heavily. Personally I have grave doubts that it will arrive on time or at all! If it does, however then AFC will succeed and reward shareholders accordingly. There's an awful lot riding on it.

"The AEM "S" Series platform is being accelerated through the ABB sale agreement, across each of the "air cooled" and "liquid cooled" platforms with early delivery of a 100kW liquid cooled system expected in late 2022, and a 200kW liquid cooled system deployment, integrated with an Ammonia cracker, pencilled for early 2023. It is this product platform which will form the basis of all larger scale, high power dense systems expected to be delivered across the "S" Series where Ammonia is considered the low-cost hydrogen carrier of choice, including data centres and maritime."

Adam Bond, AFC Energy's Chief Executive, said: "2021 has been a transformative year for AFC Energy"
I'm not sure Adam understands the meaning of transformative!

I thought last year was meant to have been the transformational one! Lol