RE: Speedy JV22 Aug 2023 13:04
Bright
products = fuel cell generators for construction sites and 200 kw fuel cell to open up marine, data centres and off grid charging . Bespoke system design
Yup, you got me there....remind me, how far down the development route are we on any of these, and how are the sales lead progressing?
Place= construction sites, extreme E races in very challenging climates
Yup, you got me there.....anyone placed an order for a kettle boiler yet? what about H2 ICE generators? you know they're being worked on, right? As for EE, well, that went well, didn't it?
Promotion = numerous articles in many trade magazines which influence key decision makers. Visits by various delegations including a Japanese one
Yup, you got me there....don't forget the web presence..."coming soon!" "available to order!" and all that....as for the decision makers, they will make the decisions based on what the thing can do, and at the moment, that aint a lot.....
Price= at the moment it’s the great unknown however we were told that they were seeking to reduce the costs of production by 50% and to also use carrier fuels as hydrogen prices are high in the UK compared with some parts of Europe.
Yup, you got me there......lets face it, if the company were to miraculously get an order for 50 amazing towers of power with a 50KW output, then the CEO's remuneration cost per unit would amount to £16,000 per unit.... the going rate for a 50KW genset is £16,000.....numbers simply don't stack up.....and that's assuming that the company could develop and sell 50 such units..
If I was as unhappy about the way that Afc are doing business I would sell up and move on. Your fixation on the discounted deal with ABB is just boring most readers of this board.
Just as the Ubers see it as their right to protect all potential investors from a cabal of posters who all work for the evil shorters (oh, really?). I feel it is my destiny to continue to seek clarity in what the company is doing so that the veil of spin and obscurity can be lifted...
At the moment I’m frustrated that the share price is so low but I recognise the progress that has been made. The matched government grant of up to 4 million pounds plus the speedy hire jv adds to my confidence that this company has a great future. Of course nothing is guaranteed but I’d rather invest my money here in a green energy company than collect dividends from fossil fuel and tobacco firms. Maybe that makes me a muppet in your view but names never hurt me.
And there we have it. We are all invested here, as opposed to the BFP portfolio because we hope that the tech will make a difference, It may well be that the current developments are transformational for the company, and if they are, then great, because we may then see a share price recovery, but the history of this company is a litany of overpromise and under delivery, coupled with many "next big thing" diversions leading nowhere, so it is understandable that those with