RE: 300%21 Feb 2022 16:29
Curly,
If they could do that, they would have done it by now.
As per the results last June:
"Our commercial strategy is predicated on entering world class partnerships and collaborations with key global companies to extend our footprint and to generate significant future sales. Our route to market is largely through these strategic collaborations, which have the potential to secure large multi-system sales to meet their customer demands for zero emission power generation."
"The Directors are working with advisors and partners to establish the best means by which the Company will be able to disclose details of its order book and its commercial pipeline in order to provide confidence to the market of the Company's prospects. Working through distribution partners requires us to be in full alignment with the deployment potential across each distribution channel and whilst many of these discussions remain confidential, we can confirm that at this time, we have a development book of more than 50 discrete, qualified deployment enquiries, many with multi-system order potential. The value of this book could be significant pending the quantum of final system orders; however, providing a value against this opportunity runs the risk of materially underestimating, or overestimating, the actual size of our pipeline. We believe however that the number of live opportunities currently under development objectively demonstrates the scale of opportunity which AFC Energy is presently generating through its distribution partners."
And in the December trading update we were told that the HFC would be available for deployment in Q1 2022, so I believe we will see sales from that very soon. I do not see it as a time to be concerned, or panic into selling, at this price and with the HFC about to go commercial, it is a hold and a strong buy.
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