Member Info for Gitfinger

"Long and strong........ABB has the data and keeps adding shares....."
At your expense, fool! as stated earlier, they were contractually obliged to pay the £4.0M, but AB "negotiated" a deal where, rather than pay the further £2M for the unit they had committed to (assuming that the unit could in fact meet the performance criteria), they actually got 10,000,000 shares in YOUR company diluting YOUR holdings.

Mucksy
Its a bit like Stockholm Syndrome with him.
Love the dilution.......long and strong and all that.........

Daz
I kind of disagree. They paid £2.0M and will in due course receive an asset of indeterminate value. They paid an additional £2.0M and received 10,000,000 shares in AFC. In addition to this, they receive a discount on units that they ultimately buy from AFC, but there is no binding purchase requirement.
Compare and contrast this with the contractual requirement, which was a payment of £4.0 payable in stages culminating on the delivery of the finished article. So what they actually have is 10,000,000 shares in the company for free, plus of course the discount on the maybe deliverable units.
I am struggling to see how this can be spun up as some kind of victory, and it makes me wonder why these concessions needed to be made.

So it could just be a new iteration of the L series then?

Can someone point me to where it states that the recently deployed cumulative 100kw unit is using alkamem?
I can’t see that the RNS refers to it, simply that it’s the S+ and the website doesn’t appear to state that the S+ uses liquid cooled technology……just for the sale of clarity and certainty.

Ubers getting an attack of the thin skins again……could it be that it’s finally dawned on them that the ABB thing isn’t all it’s cracked up to be?……Hmmm let’s just compare the original deal with the new improved one negotiated by AB…..Andy the result of someone in charge of a sellers market, is it? Let’s give away a load of shares rather than just take the cash, and offer bulk discounts, just in case they might order something…..

Jimmynan
Or he might just have made it up.

B3
So you just made it up then…….either back your earlier comment up, or desist from making comments that you’re not prepared to back up….

Haggis. So what’s your definition of the word within the context of the RNS?
B3. Care to share your possible other explanation?

If the unit runs in a steady state and accumulates charge in a battery, then that's fine, but the question really has to be at what rate in can continually provide that charge. If it isn't capable of providing a 100KW charge on demand, then it cannot correctly be regarded as a 100KWh capable unit.
The original USP of the fuel cell was that it was going to be an on demand supply, but if its now reliant on batteries, one would question why bother to use the fuel cell at all, and simply go straight from renewable to battery storage.....

Daz
I get that, but the RNS is a regulated document, and I'm just a bit concerned about this new word brought into the equation, which could indicate a new way of establishing the benchmarks.

Well that's nice, isn't it?
You are quite happy to use a phrase which has its origins in a derogatory phrase for those unfortunate to suffer a genetic malfunction as an insult.
Nice chap......

Sorry, but this thread was started with a specific question about a phrase used in the RNS which could have significant ramifications, but the thing seems to have been sent off on a complete tangent. Back to the question in hand, what on earth does "cumulative" mean within the context of the RNS?
Any thoughts, anyone, or are you happy just to accept it at face value?

Seg
Please don't use the word "mong" it is actually quite offensive to those with family members who suffer from the affliction to which your phrase perjoratively refers.

Can anyone explain the meaning of the word “cumulative” in the RNS. This isn’t a word I’ve seen used before in the context of power generation (is it not usually KWH ratings ?)and just wondered what it actually meant….
Any input greatly appreciated.

RH
All a bit touchy, aren't we?
Why are you so defensive when anyone dares to suggest that the road to financial nirvana may be somewhat longer than we've been lead to believe?
It is, at the end of the day, a share in a little AIM listed stock, and as we all know, AIM can be like the wild west at times, why are you so emotionally invested in the share? what collateral fiscal damage would it cause you if it fails?
Just asking........

M3
I reckon you might have called that one right……there was a harbinger earlier in this respect

RH
Ever thought about getting a grip?
The last post was so full of supposition and presumption it beggars belief. How do you know what anyone else is invested in, what they bought at, what they sold at? Answer, you simply don’t know, and it’s all just guesswork…..just the same as anyone knowing exactly what commercially viable product the company actually has on its shelves at the moment…..
Which brings me to the point about valuations…..Rampmaster Flash Haggis keeps going on about the off balance sheet value of IP……Surely IP is only worth something if it relates to a product / innovation that can actually be sold….in the words of the kid in the back seat (yup, that’s what we are, passengers without a clue where the driver is taking us)….are we nearly there yet? At which point, our very highly paid chauffeur is likely to say “we’re nearly at the village I said we were going to, but I’ve found a much better one further down the road” so as it stands at the moment, no value in the IP……

A bashing tag team…….as if we haven’t had a ramping tag team in operation for a long while….only difference is the so called bashing tag unit can put forward a reasoned argument, whereas the Uber tag unit can only spout their love for the team, the product, the CEO, the office water cooler etc, and post irrelevant articles with only the most tenuous links to any form of economic reality…..
But you don’t like the reasoned argument approach, so try to shut it down…… I wonder what ever happened to the boy who dared to state that the emperor was, in fact butt naked?

We all know about green ammonia, blah blah, but it’s future tech. So we have a fuel cell in development whose USP is the ability to run on cracked ammonia, and the cracker is in development, and the green amonia production capability is but a gleam in the scientists eye……..hmmmm…..cusp of commerciality..
Now that’s a cracker……