RE: Tax Cut On Red Diesel26 Sep 2023 12:17
JN
what precisely are you on about? If the company were to announce that it had an order to deliver £10M worth of product on commercially viable terms then OF COURSE that would have a positive effect on share price, and OF COURSE I would be absolutely delighted. The problem is, though, in order to even get such an order, the company would need to be able to demonstrate that it actually has a commercially viable product that can actually deliver what it says on the tin, which, to date it has spectacularly failed to do.
If you recall, way back in the day, the initial; idea was that the fuel cell offering was meant to be an on demand supply, which would act as a mechanism that could turn a non on demand energy supply (electricity from renewables) into an on demand supply....which would be very elegant......Turbine > electrolyser > H2 > fuel cell > electricity...absolutely lovely and as green as green can be.
From these dizzying heights of aspiration, we now have very modest units that aren't capable of producing anything of note without the aid of a battery storage add on, meaning that the unit has effectively gone from one demand to what is to all intents and purposes, a trickle charger. This change in tack is in fact quite material, and fundamentally alters the nature of the offering, not that anyone in the uber camp is likely to either have noticed, or be prepared to admit it.
If and when the company gets a commercially viable order, then I'll be the first to say well done, but until the company passes that acid test, then I'm afraid the jury must surely be out.......
Oh, and B3..........broken record time again........you really are starting to sound like an obsessive loon.....there's no evidence to support your contention that I don't know how one of these things works, so I must have deleted something.... how about something that shoots down your contention was found and mysteriously deleted....cuts both ways fella.....