Member Info for haggismchaggis1

Pandy2,

I am not way too positive at all. Everything I post is based on the facts and logic, not rose tinted glasses. You should try logic sometime instead of gut feelings.

AFC -4.9%
PPS -7.1%
ITM -8.2%
CWR -9.0%

As said earlier, the drop has nothing specific to do with AFC, anyone peddling that garbage should be on your filter list.

BE -7.7%
BLDP -8.6%
FCEL -8%
PLUG -10.8%

The only one with an RNS today is BLDP with it's Q1 Results.
Revenue $21m (up 19%)
Order Backlog of approximately $99.8 million at end-Q1
Operating Expenses and Cash Operating Costs were $30.3 million and $26.1 million
Adjusted EBITDA was ($27.5) million, compared to ($14.0) million in Q1 2021, primarily a result of the decrease in gross margin and increase in Cash Operating Costs.
Cash provided by (used in) Operating Activities $41.7m

£10 could happen in 2-3 years. That's only a MCap of £7,350m. Look at the MCap's reached by BE, BLDP, FCEL, PLUG, CWR, ITM, NEL, PCEL, etc last year, which were achieved before the Hydrogen Economy had even started kicking in. Over the next 2-3 years there will be massive rapid growth in the Hydrogen Economy, and AFC have solutions that fit into several existing multi-billion pound power equipment markets, so £10 in 2-3 years is quite possible.

I have 70 shares on watchlists, only 6 are blue, nearly all the rest are red. The drop is market wide, nothing specific to S4. Some might be waiting for the Q1 trading update which SMS said would be here by month end, thus not as much support as there should be, based on the great results. Loss and debt are meaningless when compared to the huge growth, acquisitions don't come free y'know!

It doesn't matter how good the news is, even (as Devonian says) if the forward looking statements are clearly so specific that they would have had to have shown proof before Nomad sign off, the doomsters still have to talk the news down with baseless theories and claims made on ancient history instead of the future that has clearly been laid out before us by QFI, in the most transparent of RNS's I've ever seen from this company.

Therefore I am filtering Crownos and WongaFC, as I don't need to read their never ending baseless doom and gloom, I have much better things to read, such as today's fact based RNS.

Kev,

Spot on!

Far too many con men trying to make out the drop is something to do with AFC, when clearly it is not, and nothing has changed to the negative in the past year, it's all been positive. These con men just can't leave the market to do it's thing, and if they trade and win then good luck to them, but no, they have to post blatant lies and misinformation because they are so scared they might have traded out at the wrong time, so try to get the price down faster than the general market is falling.

AFC now even more of a bargain than last week.

Other trailblazers will be Mace and Keltbray, and the other construction companies AFC are in discussions with, and the Hire companies they deal with.

And outside of the UK, Acciona.

Plenty for AFC to be getting on with, before they create the second wave for construction clients.

Something wrong with ADVFN RNS feed. None of the RNS are showing up, even though an RNS indicator is showing. That might have stopped a few from buying.

BG,

My thoughts too.

Maybe ARA will take it, once they have the 3D results?

" The Company's cash balance of £5.6 million at 31 December 2021 is sufficient to reach revenue generation in H2 2022 subject to the conclusion of commercial project agreements. Non-project cash expenditure is currently around £240k per month."

So yes, Utah revenues should be flowing in 2022, plus cash from Morocco trial and America's trial, with possible commercial revenues from Morocco in 2020, then trial revenues from MSC. And Mexico back on the agenda.

There's the answer I was looking for:

"Market conditions and the economic climate for Quadrise are increasingly favourable, with potential customers under added pressure to reduce fuel costs, whilst also lowering emissions. Fuel oil-diesel product spreads are at very high levels due to the war in Ukraine and global supply constraints."

"Given the developments described above, we expect to convert our projects to agreements soon, and on behalf of the team at Quadrise, I would once again like to thank our shareholders for their ongoing patience and support, and we look forward to being able to announce further material progress soon."

Sounds like QFI just said what I said on Friday, happy days (excluding the doomsters of course).

RNS
https://www.investegate.co.uk/quadrise-fuels-intnl--qfi-/rns/operational-update/202205090700056997K/

SCIR RNS today.

Commenting on the update, Tom Reynolds said :

"Ruvuma Operator APT continues to move the work programme forward to better characterise and enhance understanding of the potential resource, and we remain excited about the schedule of work on our Tanzanian assets as we approach key operational milestones.

As previously communicated, the Company is progressing discussions and exploring options with interested parties for possible divestment and/or farm-down of Scirocco's interest in both assets, while maintaining our funding options in the event we retain our 25% interest in Ruvuma at the time of drilling CH-1.

The priority of management remains to progress the ongoing, material discussions on the sale of the company's interest in Ruvuma, to remove the funding requirement and to achieve our stated strategy to pivot to sustainable energy and circular economy markets, where EAG represents a robust, scalable platform primed for growth in an exciting sector.

Another piece of news we already discussed weeks ago at length and decided, but he knows that. It's just typical basher modus operandi to keep posting old news.

He knows full well that there is room for loads of FC companies, even now with BLDP, FCEL, Bloom, PLUG, PCELL, Johnson Matthey, and more, and all the unlisted ones, they aren't even making a tiny dent in the market for Fuel Cells. AND on top of that, AFC the only one that can use Ammonia or Methanol for dirt cheap power, without expensive gas cleanup step, that is our clear advantage, and the reason we have ABB, Acciona, Mace et al on board.

Ignore the con man!!

Alt,

Great, thanks!

My 118 not far off then, and those 120 will all be trained within a few weeks, with the other 30-odd feeding in over the rest of the year.

Excellent, thanks Troajan!

3.5p sounds like a good short term target for traders, but should the MSC and/or Morocco agreements hit the wire in the next couple of weeks I'd hope for 6p to 7p before some consolidation and then carry on moving up as projects progress towards trial results, then commercial agreements.

6p = MCap £84.42m
7p = MCap £98.49m

The 3D Seismic could indeed be done very fast, and high definition.

"Africa Geophysical Services secures 150,000+ Stryde nodes for seismic projects in the Middle East and Africa"
8/16/2021

"Provision of such high numbers of seismic inventory like this is made possible by the cost effectiveness and efficiency of the Stryde system. To handle such large inventory in the field, the Compact system will enable up to 13,000 nodes to be prepared in a 24-hour period."

"And once out in the field, a greater number of nodes can be deployed in a survey, at less cost, with less resource but more speed, reducing both the environmental impact of seismic imaging and the health and safety risk."

"Deploying more nodes creates higher trace density, which produces a much higher definition picture of what lies beneath the ground, enabling oil and gas companies to maximize their existing reservoirs."

https://www.worldoil.com/news/2021/8/16/africa-geophysical-services-secures-150-000-stryde-nodes-for-seismic-projects-in-the-middle-east-and-africa/

AGS are doing the Ruvuma 3D Seismic survey:
https://newsbase.com/story/ags-set-to-launch-3d-seismic-study-of-ruvuma-in-mid-december-229291

Calling someone 'Napoleon' is a great compliment, what a successful chap he was!!

https://successstory.com/people/napoleon-bonaparte

Marley,

No need to train up 150 staff.

23 June 2021
"significant recruitment programme to grow our workforce from the 40 staff in post today to around 100 by the end of 2021"
"Recruitment of new product engineers, manufacturing and field technicians, fuel cell and polymer scientists, and commercial staff expected to continue with on average of two new starters per week."

The people being recruited are already technically experts in their field, so maybe 4 weeks training is all they will need. Based on 100 at end of 2021, the last of those would be trained by the end of January.

The 50 new this year may only be 1 per week, and they'll be trained in 4 weeks, so by now we would (if AFC's recruiting has been that successful) up to 118 staff, with 3 of them still in training, one finishing in a week, one in 2 weeks and the other in 3 weeks.