Member Info for haggismchaggis1

DHL, a huge courier company, already going green by buying loads of EV vans. No doubt they will have depot's that cannot charge EV vans because they don't have power capacity, meaning a new substation on a 12 to 18 month wait, at a cost of millions. AFC can do a much faster solution at a much lower cost, and if their local grid gets upgraded by the owner at any point, the AFC system can just be moved to another site.

DHL are now working with ABB. ABB will be looking at all of the solutions they can provide to DHL, which will include FC EV Chargers.

"DHL Joins ABB’s Energy Efficiency Movement for Reducing Carbon Footprint"

"Deutsche Post DHL Group (DPDHL), a leading global brand in the logistics industry, has joined ABB’s Energy Efficiency Movement to reinforce its commitment in reducing its carbon footprint. This is an important step in DPDHL’s initiative to lead the logistics industry towards a greener and more sustainable future, with a commitment to invest €7 billion by 2030 to reduce its greenhouse gas emissions."

https://www.automation.com/en-us/articles/april-2022/dhl-abb-energy-efficiency-movement-carbon

I agree with the logic that no news is actually good news.

If PWC had any bad issue with the accounts or with S4 efforts to help get them signed off, PWC would have resigned by now, but they haven't, so all is fine, we just have to wait it out.

Well he sold out way blow the prices AFC has risen to since he left, so maybe he is kicking himself, a lot.

He is basically talking down AFC as a way of talking up PHE. "My car is better than your car", really? Not the sort of thing I'd expect to hear from someone in a senior position at a listed company, it's certainly not the attitude you'll find in any AB video.

I am sure he can see the AFC business model is not only a good business model, but that it has massive potential, he is just trying to convince people that the PHE business model is better, when there is no way to know that until they, and AFC are both pulling in tens or hundreds of millions in revenues, and there is something tangible to compare them on.

Suffice to say, they have Peel and a few agreements elsewhere, but they still have to commercially prove their system at large scale.

AFC has ABB (biggest EV Charger manufacturer in the World), Acciona, Keltbray, Mace, Altaaqa, Extreme E, etc and 50+ others in waiting. I think we are well ahead of PHE, so he will likely find out if the AFC business model works, well before he finds out if the PHE business model works.

Surely the 1,000,000 at 2.2p at 16:34 is a buy, as the bid has not been that high all day and certainly wouldn't go higher for a 1m sell.

It shows on ADVFN as a buy too.

A few selling out, but no big deal, as getting rid of stale bulls is a good way to underpin the share price, wave bye bye and carry on towards the higher prices as we go commercial.

As risk free as it gets!!

Our non-operating corporate strategy rests on four pillars: (i) our successful completion of the Ruvuma Farm-Out to ARA Petroleum Tanzania Limited ("APT"), a highly competent and well-funded Operator; (ii) our significant cost-cutting, which has reduced our operating expenses by nearly 75 percent over the past four years; (iii) our successful negotiation of the Kiliwani receivables and (iv) receipt of funds from our recent equity placing which are forecast to cover our running costs (before one-off and exceptional items) until receipt of Ruvuma revenue, planned for the end of 2024. This de-risking strategy has made Aminex a stronger company with a low-cost base and entirely carried position on Ruvuma, providing a solid financial position until the commencement of cash flow receipts from Ruvuma. It will also allow the Company to utilise its solid financial position to grow further.

Ruvuma PSA

It is essential to remind shareholders that the Farm-Out completed with APT in October 2020 carries the Company to material levels of production and revenue without the need to return to shareholders for any additional funding for the development of the Ntorya field. The Company holds a 25% interest in the Ruvuma PSA with a US$35 million carry of its share of costs. It is expected that the carry, which is equivalent to US$140.0 million of gross field expenditure, will see the Company through to potentially significant volumes

of gas production with commensurate revenues. The Farm-Out represents the culmination of many successful years of exploration and evaluation work by Aminex, which recognised the underlying value and opportunities that could be gained in the Ruvuma Basin. This non-operating position has become a cornerstone of the Company's de-risking strategy.

BG,

Certainly doesn't look like the Power Tower or Power Tower EV need any further testing in the field, as AB is clearly confident enough to start pushing commercial sales to new clients (those not already on AFC's list of 50+).

Nice find Telecom, thanks!

Fincantieri are also in a group with MSC and SNAM. MSC are currently looking at BioMSAR from Quadrise Fuels as a transition fuel so I know quite a lot about them. They want to get to Net Zero before 2050 and are pulling out all the stops. They are believed to now be the biggest shipping company in the world, having overtaken Maersk at the end of 2021 with new deliveries of vessels.

Note Fuel Cells are mentioned:
https://www.fincantieri.com/en/media/press-releases/2021/msc-fincantieri-and-snam-to-partner-for-world-s-first-oceangoing-hydrogen-powered-cruise-ship/

"MSC commits to net zero by 2050"

https://www.google.co.uk/search?q=MSC+commits+to+net+zero+by+2050

And we all know SNAM own a third of De Nora, who make AFC Energy electrodes.

"8 January 2021 – Snam, subsequent to the obtainment of the relevant antitrust clearance, completed today the acquisition from Blackstone of a 33% stake in Industrie De Nora S.p.A"

https://www.snam.it/en/Media/Press-releases/2021/Snam_acquisition_De_Nora_completed.html

This all sounds a bit fishy to me! :-D

"Don't the 'em your name Pike!" :-D

Aim,

"no to expect 100s of orders"

Maybe don't expect them and then you won't be disappointed if they don't arrive, but it is certainly within the realm of possibility for AFC to see 100's of orders this year, for a mix of HFC and Power Tower systems, especially once these are proven in the field by Acciona, Keltbray, Mace, and anyone getting them under NDA.

The construction industry is huge. In the UK the Red Diesel ban and Diesel shortage is likely already causing the construction industry a big headache. AFC have the solution and can tailor make it to suit clients requirements. Methanol Power Towers will be available later this year too (which means sales of it this year). This is additional to companies looking at doing their part to get us to Net Zero, and to increase air quality around sites, and to reduce noise around sites.

Mace could possibly convince a hire company to buy loads of systems, which Mace would agree to hire them all as soon as AFC deliver them. As per the AGM presentation it says next to Mace "Strong relationships with Plant Hires", there is obviously a reason AFC decided to tell us that.

MPO is certainly on of the con men on here, he's either talking AFC down or trying to talk my posts down just in case I spread some positivity. He's no better than number, ade, daz, garmoan, etc.

Eh?

This thread is about Glycerine at Leituva, can you keep it on topic, thanks

Matherdj,

If that's directed at me, check every post I've ever made, and you'll see that I have never flipped from positive to negative, it's not something I do. Go on, check my posts.

Heath,

Having a different opinion is all well and good, but what is it based on? I'm guessing not the $20bn a year market, plus the booming multi billion EV Charger market, Data Centers, Ports and Marine, etc, and the valuations reached by the loss making AFC peers. And of course, AFC's low operating costs that should see it become profitable. The market loves profitable companies.

I'm always open to a well constructed argument, but gut feeling is worth nothing.

Feel free to keep my post and get back to me in April 2025 to either congratulate me or tell what a plonker I was, I will accept it either way.

Great find P1, thanks!

Heath,

People don't need to be skeptical, they just need to DYOR and come to their own conclusions. I give them pointers, nothing more, no promises or guarantees, the same as any brokers analyst in fact.

At least my info is well researched, unlike the con men that just pluck a number from the air that suits their chart and trading position.

It's not a dream. I wouldn't post it if I didn't believe it, and if it wasn't based on the analysis of facts.

Some of AFC's peers have already surpassed the MCap that would make AFC £8 to £10 per share. None of them are even making a profit yet either.

£8 = £5,872m MCap
£10 = £7,720m MCap

Plug Power went over $32m in late 2021, and they have never made a profit. Also look at the MCap highs of Ballard Power, Fuelcell Energy, Bloom Energy, Nel ASA, Powercell, Ceres Power, ITM Power, none of which are profitable or low cost like AFC.

£8 to £10 is possible in 2-3 years when replacing Gensets in a $20bn a year market, before we even consider EV Charging, Data Centers, Ports and Marine, etc etc.

"We are highly motivated by what 2022 is to bring with a number of company firsts expected, as we continue to deliver on a technically and commercially viable transition initially away from the $20bn diesel generator market, underpinned by the collective aim of achieving a near term Net Zero future."

https://investegate.co.uk/afc-energy-plc--afc-/rns/year-end-operating-statement/202112160700058027V/

Steve,

These boards are full of con men talking their own book. Subtle deramps and ramps to hide the fact they are trading, but soooooo easy to work that out, do they really think everyone is daft??

And it did recover. Could possibly have recovered more, but then again we could have the results RNS on Monday, who knows!

Today 14:27
Posts: 4,742
Price: 324.00
No Opinion

SFOR often recovers later in the day, lets see ...

Max is just a con man, you can't believe a word he posts.