Member Info for Gitfinger

Here's a question for one and all......The £2.0M supposed sale to SHS under the terms of the JVA.

How many units make up this initial sale?

Is the £2.0M solely in respect of the sale of the capital goods, and if not, what is the attribution of the headline £2.0M between capital goods sales and support and H2 supplies?

Has a value been applied to the cost of "services" being supplied by Speedy?

Until we know the answers to the above, the Speedy deal carries very little credibility and it's just another exercise in ambiguity.

Daz

Looks like the wheels are starting to fall off the bus (oh, no, that's going to happen on Thursday, of course)...Here's a wizard new application....why not target Billy Smart and Gerry Cottle to see whether they want AFC to power their circus tents. Surely there must be some sales empathy amongst clowns.....

Garonne……I can’t wait for the pair to arrive in their big flappy shoes, in their EV which will have been charged by the now redundant extreme e unit, only for the wheels to fall off….but that will be fine, because they’re probably about to announce a H2 powered flying machine that will only take about a million years to develop. And the assembles acolytes will just lap it up!

Glad…….really suspicious, that……if you’re paranoid…… that’s a bit like saying Haggis and Stock just might be the same person……errrr….not a good example, that…..

Is the small cap network in any way linked to the large sombrero association?

At least Haggis / McStock is productive when he’s working from home though…..

Stock

Oh, get a grip! the "basher troll in the amply of the shorters" line is a complete myth. Anyone shorting this doesn't need the assistance of anyone on a board that no one takes any notice of. The simple fact is that the fundamentals determine the price, and not wishful thinking by a bunch of deluded fools.

Here's something to ponder....If the power of board sentiment had any power whatsoever, how come your relentless ramping (you won't call it that, so let's just call it upbeat speak) has done nothing to raise the share price, whereas, if the "basher troll" theory holds good, those malign souls in the employ of the shorters have been able to do a better job than the combined might of both you and the AFC PR machine? Either the fundamentals are not good, and the market knows it, or "me and my mates have got a bigger swinger than yeaow!" your choice....

Ahh...the old "you have no valid voice unless you waste a day of your life going to an AGM where you wont get any more substance (and that aint a lot) that is already available out in the real world......

Ask yourself this, unless you're retired, unemployed, or "working from home" (so, basically anyone who isn't really contributing to the economy) why would you give up a day's valuable pay / holiday to attend, when all of the rose tinted comments will be cherry picked and posted here, and any truly salient points will simply be ignored.

As for me, modest investment, doesn't owe me a lot, could put a few bob in the bank in the long term, but at present, just seems a lot more whiffy than it did when invested all those years ago... so quite happy to sit here an call the uncomfortable truth....The undeniable uncomfortable truth is that we DO NOT WANT BOND OUT because if he exits, then confidence will implode, and this could well go to zero, so we need to accept that, unfortunately, he's kind of the only game in town....Doesn't stop people feeling aggrieved about the performance achieved during his tenure, and the remuneration received for the singular lack of progress.

Simple reason we can’t see the Dunsfold facility…….to paraphrase Private Fraser…..

‘Have you heard the story of the old empty factory?…….och…theres nothin in it…..

Or maybe Les is morphing into Jim Bowen…..”great, lovely, super……let’s go over to the factory, and see what we could have built”……..actually, that one is so annoyingly accurate…..everyone wanted to win the car, but all they ever had was a speedboat…..all we ever wanted was a commercially viable fuel cell, and all we got was a prototype chocolate teapot cracker….

Alt..............

As if............

Sorry, my mistake, that's your alter ego who's the arch apologist

"what a load of twaddle. can't be ****d to engage further"

Good!

does that mean that you'll desist from you usual inane deluded apologist twaddle?

Is that when you set up your alias?

Pommybumble

What question? Nobody is asking you to justify your investment, and no one is trying to talk you out of it.

The point is, the sceptics are concerned about the significant gulf between the rhetoric and spin spouted by the company, and progress actually delivered. This concern is compounded by the complete lack of clarity in anything issued by the company, as has been illustrated.

I am simply inviting you to put a valid counter argument to our position, and the sad fact is the no one on the Uber side of the fence is prepared to do so.

I'm really glad that you are happy with your investment, and I respect you right to express this. Conversely, I am not happy with my investment, and I reserve the right to express this. The difference is, I provide evidence to support my position, so I would respectfully suggest that, unless you are prepared to back up your counter position, your authority is compromised, and accordingly your status as a gullible fool confirmed.

Construct.....yeah, go on, go for it, release your inner Haggis!

That's just about the level of the Ubers and their ramper mates, ask a tricky question or make a statement that can't be validly countered by bluster and skewed interpretation, and lo and behold, they simply resort to insult.

Ah, the old "why should I explain why the numbers stack up when they don't" routine......so basically, you can't answer the question in a way that gives the answer you want.....Well, you believe what you want to believe, but just let others believe what they want to....difference is, the doubter's stance is supported by a couple of unfortunate tings caled, er...facts, and a previous history of a complete and utter inability to deliver on overly optimistic rhetoric...

Wow, just WOW!

Really looking forward to that. let's have a symposium on making energy expensive ammonia to put onto ships so that we can use a cracker that doesn't exist outside of a lab to crack the hydrogen out of it (don't worry, it only takes about 1/3 of the energy in the ammonia get the H2 out......Hmmmm.... what are we then going to do with the H2? Well' we could burn it in an internal combustion engine, burn it in a turbine, or alternatively, put it into a fuel cell that can only provide sufficient charge if supported by a load of batteries....which means for maritime use, the current iteration of fuel cell is not in any way viable.

Nice one, what a great evolutionary cul de sac to go down...never mind, it keeps the "Jam Tomorrow" boys happy.....

Construct

"Afc have Customers coming out of our ears, lining up for our Technology. Tier 1 construction companies etc ! The intrest in the Ammonia cracking technology is phenomenal, visits by major copanies every week. We have Fantastic partners"

Err... that's not quite right, is it? We have no customers, all we have is a bunch of people expressing interest; even those who trialled an amazing tower of power didn't actually pay for it, because the consideration was paid "in kind" for "marketing services" . The ABB contract is a joke, because all we've actually seen by way of income from this one is £600K out of a much touted headline contract value of £4.0 M. Expressing interest is one thing, placing orders is another; big talk about Speedy, but what are the actual terms of the JV? We know that Speedy are providing sales and admin support, but what are the terms for this? is this possible the "consideration in kind" that will be used to pay for the cells if and when finally delivered? We don't know, and until we do, statements like your earlier one are at best delusional, and at worst, a deliberate attempt to mask a problem with a lack of commercial viability for the company.

Pommy

Have you ever thought about actually taking a dispassionate view on what the company has said it's going to do, and what it's actually delivered in the past, rather than just going "la la la...I don't like what you say, so I don't believe you!"

As an example, look at the ABB deal; this was trumpeted as the great "next big thing" and great play was made about the wonderful £4.0M contract. Even when the accounts were published last year (you know, the ones which were late, because the company "had to take advice from their auditors" over the matter of deferred income) everyone here assumed (or, was in fact led to believe) that the element of the contract which want discounted by the share giveaway would be released as income in the current year, and the Ubers used this as justification to say that all is well and on target. What now transpires is that the amount of contractual income wasn't released in 2023 as anticipated, but has been kicked into the long grass, apparently to be released as a discount on sales to ABB, which are, of course non contractual, and indeed haven't even been factored into the pie inn the sky £27 Million....

Answer me this.......in your opinion, are AFC, under the terms of the contract entitled to receive the balance of the £1.4M deferred income upon achieving milestones, or has the contract been altered so that it form a part of the discount structure? No matter which way you cut it, the company has been less than transparent in respect of this particular contract, and it's things like this which generate the climate of suspicion that you are so afraid of.