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What then is the price per unit for ABB? Is it market value of £4M with a 10% discount or is it £2M with a 20% discount as £2M they paid was for shares? If it's £4M then means £36M pipeline.
Slightly disappointed at the revenues. Appears we were all but giving away the power towers. I suppose this is more understandable as they were trials but still...
Would be interesting to know also what figure they have on a power tower for sale to hire companies.
Does the sheer volume of posts you make highlighting the "potential" have any bearing on the accusations of ramping? You also didn't address the often ludicrous links you make that have no basis in reality.
Your line of argument that any one who accuses me of ramping is a deramper is pathetic. Whilst I find the usual morons irritating, you are worse by far. A pompous, arrogant, patronising oaf of the highest order. Anyway that's my tuppence worth and I await being called a deramper (despite not mentioning the worth of the company in this post).
https://www.hellenicshippingnews.com/all-set-for-the-arrival-of-hydrogen-at-the-port-of-valencia/
Interesting this was also announced today.
I wonder if acciona are involved:
https://www.h2-view.com/story/spain-set-to-approve-first-four-green-hydrogen-projects/
"Last year, AFC Energy supplied Kier with its ‘Power Tower’ clean hydrogen power generator unit on lease, replacing its diesel generators in a bid to reduce its carbon footprint."
https://www.h2-view.com/story/kier-and-protium-to-conduct-feasibility-study-on-hydrogen-transport-potential/
Half year report:
"Successfully achieved Approval in Principle "(“AiP”) in December 2021 from international certification agency DNV for Ammonia based fuel cell and cracker system for cargo ships in conjunction with ship builder, VARD
AiP receipt has led to multiple new enquiries from ship builders interested in exploring auxiliary and propulsion systems ."
Would be surprised if the initial order from Ocean infinity incorporates our systems as that order was placed by them in November 2020.
The contract for the additional 6 was signed February 2022. I would have thought if AFC systems were part of this then an RNS would have been warranted at the time?
As per last annual report:
The Remuneration Committee (the Committee) ensures remuneration arrangements for the Executive Directors and employees are aligned to the execution of the business strategy and effective risk management, for the medium to long term. The Committee does so within the agreed terms of reference, considering the views of shareholders. The Committee, chaired by Gerry Agnew, is currently exclusively composed of independent Non-Executive Directors. During the period the other member of the Committee was Joe Mangion and the Chairman also attended meetings. The Chief Executive Officer is invited to attend meetings where appropriate. The Committee usually meets at least twice annually, and in the past year met six times; each member was able to give 100% attendance. The Remuneration Committee report is split into the following three sections:: • a summary of the work completed by the Committee in the period; • the Remuneration Policy (the Policy) which sets out the Company’s approach to Directors’ remuneration; and • the Annual Report on Remuneration which sets out the remuneration paid to Directors in the period.
Not enough to stave off the effects of thick Lizzie anyway...
Remind us who "owns" the factory in which they operate in Slovenia? Where did the $1M MGC received go?
I repeat, she is on the graft polymer gravy train with Roby, milking mgc dry. See her companies House appointments as I posted above.
Another Roby acolyte, graft polymer increasingly spreading its tentacles here: https://find-and-update.company-information.service.gov.uk/officers/vWUsDDGEMxVbRnxUPFOC3k7JDro/appointments
No flat earther here. Merely concerned r.e the structure of the deal between AMC, mgc, and graft polymer and potential benefits to Roby and absence of benefits to us. I am obviously in no way disputing the conditions attached to the options. You did not address the concerns I raised r.e the structuring, merely pointed out he has only satisfied one of the conditions thus far....
Not much of a tweeter tbh, leave it those better qualified!
Both facilities listed at: Emonska cesta 8-1000, 1000 Ljubljana, Slovenia. So we're paying another company to manufacture our product in our factory and making no money from the deal?? This seems ridiculous, starting to wish I had listened to the Aussies on here shortly after listing
*their
More so that the purchase agreement by mgc from graf was designed to do exactly that. We seem to have received a £1M for Artemic yet we pay the company that owns the delivery system the same total amount? Therefore artemic is worth £0 and grafts delivery system £1M? The result ; Roby in line for a payday and mgc realises no net benefit.
Also curious if our and there Slovenia site is one and the same, will check later...
From garftpolymer annual accounts? It's most recent filing for them on companies House dated aug 11: https://find-and-update.company-information.service.gov.uk/company/10776788/filing-history
Just seen on graftpolymers annual accounts on companies House that one of the milestones required for Roby to get a large share options is generating €1M in revenue, funny timing that...
I seem to recall a few posters a year or so ago calling Roby's probity into question, anyone got more info r.e this?