Member Info for Garonne

Is a takeover on the cards?

That's a big buy. £900k! Sounds like the operational integration of our fuel cell system into ABB's high powered charger is going to plan in Estonia!

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.fool.co.uk/investing/2021/08/20/can-the-afc-energy-share-price-build-on-its-2-year-gains/&ved=2ahUKEwiWh4-s88HyAhVzolwKHY8ICzUQvOMEKAB6BAggEAE&usg=AOvVaw0xyHZwKG97J7JeK9JEbskL

It would be worse if we weren't being talked about at all. Some positives in there too.

Holders of PPS shares might disagree with the "sector wide" comment investmentpro. It's down almost 6%!

It was more tongue in check reference our current fuel cells Bumble but you make a good point about the forthcoming solid cell. If its power density is high enough why not market if for buses and other large transports, meanwhile our current liquid FCs are capable of charging battery powered buses in the here and now.

https://www.bbc.co.uk/news/uk-northern-ireland-58232029

Maybe AFC could supply zero emission chargers for the battery powered buses and fuel cells for the hydrogen ones! Looks like public transport could change to battery/hydrogen power quicker than we realise. Right time right place?

Disappointing SP reaction today. Sells almost equal to buys. Maybe the no show at the Motor Show upset a few punters! I think ABB will be dictating the agenda now and I don't suppose they like delays so I would expect orders as soon as the kit is validated. Hopefully we're finally on the way to a commercially bright future.

"The system that has arrived today highlights AFC Energy's existing HydroX-Cell(L) series of fuel cell systems, but plans are already in train for the incorporation of AFC's higher power dense "S" series of fuel cells in future iterations".

Sounds like good progress being made on the AlkaMem front if the "future iterations" comment is anything to go by. Having ABB on board with their significant resources and product development experience is clearly going to be a game changer for AFC.

Congratulations AFC on achieving this milestone. One assumes the operational integration with ABB's digital charger will be a formality and the validation process will complete as planned. This being the case, orders should follow pretty quickly. Looks like our ability to produce units has been constrained though hence our no show at BMS. Somewhat disappointing but I guess commercial delivery must be prioritized. Let's hope our recruitment drive is in full swing as it looks like it'll be all hands on deck from here on in. Well done AFC.

"Based in the UK, the Company's scalable systems provide off-grid, zero emission power that are already being deployed for rapid electric vehicle charging and the replacement of diesel generators for temporary power applications".

From today's RNS. Note the comment, "are already being deployed" Does this mean we're already replacing diesel generators somewhere? Maybe it's just referring to Extreme E and the provision of power for the paddock.

But highly likely in this case.

I wonder if they're stalling things until AlkaMem is ready. I think our commercial future depends more on it than using the liquid electrolyte. Happy to be corrected if this is not the case. BTW we must be due news on our HiiROC tie up.

You seem to have an obsession with the nether regions chippy. A bit odd!

Of course it could be just a coincidence that this purchase was made in a quiet news period but in any case the good bit is that Gary knows his investment will pay off handsomely at some future point.

I think it's safe to assume that there won't be any material news until at least September now. I guess that's why the SP is not reacting to GB's shares purchase announcement. I suspect this share purchase is a ploy to placate disgruntled investors while the wait for proper news continues. Having said that John Rennocks purchased £10000 worth of shares in November 19 and less than a month later they announced the motor show link up and show cased their new EV charger.

I see a biggish buy at the end for £29k so someone is confident.

Maybe we should descend uninvited en masse to AFC HQ Free. Snag is we wouldn't get past the security barrier at the entrance to the complex. I tried once and was turned away!

Well argued post Crocqman. TBH I've thought seriously about selling but FOMO has prevented me so far. As you say we all have different strategies and yours is definitely a sound one. I just wish I shared your calm demeanor and philosophical outlook pertaining to Q4. Snag is if we continue with ground hog day as you put it, until then, the SP might not be pretty.

Here comes the non invested Aaron to add his tuppence worth. So predictable.

That was an admirable thing to do Free. Is it time to form another one?