Member Info for haggismchaggis1

Boonco,

Not sure what you mean buy "says it all", but the Hydrogen economy is going to happen, billions have already been allocated to it, mega Hydrogen projects are under way, places like the UK and Germany will be injecting Hydrogen into the gas grid because it massively reduces the countries CO2 emissions, I could go on and on.

AFC have a niche product for off-grid power
The UK construction industry won't be using cheap red diesel from 1 April 2022, and AFC is competitive in that situation with on site gensets using white diesel
The local grids cannot provide enough power for many fleet users that want to swap to EV's
Many parts of the world are also turning to Ammonia for power
Shipping is looking at using Ammonia or Methanol
I could go on and on...

Boonco,

Not sure what you mean buy "says it all", but the Hydrogen economy is going to happen, billions have already been allocated to it, mega Hydrogen projects are under way, places like the UK and Germany will be injecting Hydrogen into the gas grid because it massively reduces the countries CO2 emissions, I could go on and on.

AFC have a niche product for off-grid power
The UK construction industry won't be using cheap red diesel from 1 April 2022, and AFC is competitive in that situation with on site gensets using white diesel
The local grids cannot provide enough power for many fleet users that want to swap to EV's
Many parts of the world are also turning to Ammonia for power
Shipping is looking at using Ammonia or Methanol
I could go on and on...

"Britain’s gas grid to be ready to deliver hydrogen across the country from 2023, energy networks announce"

"Blending 20% hydrogen into the gas grid will reduce carbon emissions by the equivalent of 2.5 million cars a year, without any changes needed to be made to people’s cookers, boilers or heating systems, ENA says."

https://www.bdcmagazine.com/2022/01/britains-gas-grid-to-be-ready-to-deliver-hydrogen-across-the-country-from-2023-energy-networks-announce/

Even if we had news at XMas and would have been higher:

1) We would still have dropped with the sector an other tech sectors
2) Shorters would have still jumped on the wagon, but even more so with a higher price and no results yet available to show revenue or profitability levels
3) This board would still be filled with con men shorters and day traders
4) Garmoan and DW would still be posting the same garbage they have posted for years
5) Some would still be screaming for communication, when AFC do not control the market, or the sector, or even their own share price, so have nothing to say that would make any difference
6) AFC do not issue "there's nothing wrong here" RNS just to appease private investors that do not understand how the market works
7) AFC believe that communication is best done by news whenever news is worthy of an RNS ONLY. A share price drop in line with the market is NOT an RNS situation.

I've no idea where the £550m comes from, I guess we'd have to read the report to find out what that refers to, but this is one of the reports on the Panmure website.

https://panmure.com/hydrogen-and-the-fuel-cell/

If you click on the link and enter your email address they send you a download link.

It's an investment report, so they'll not put it on Research Tree I'd guess.

Excellent! Thanks Chucky!

GFY garmoan.

GFY garmoan.

As many have said, it's just a transfer of wealth from the PI's to the ii's.

ii's do not looks at a drop like this the same way that PI's do.

The majority of PI's look at it as losing what they had gained, because most only have short to medium term targets.

The majority of ii's see it as an opportunity, because they all have long term targets such as pension funds, and buying now for dividends later when profits are rolling in.

Me, I'm with the ii's, but with a large holding bought at 0.8p I don't need to buy any more even at this price, neither would I sell any if I had a trading account instead of certificates.

As many have said, it's just a transfer of wealth from the PI's to the ii's.

ii's do not looks at a drop like this the same way that PI's do.

The majority of PI's look at it as losing what they had gained, because most only have short to medium term targets.

The majority of ii's see it as an opportunity, because they all have long term targets such as pension funds, and buying now for dividends later when profits are rolling in.

Me, I'm with the ii's, but with a large holding bought at 0.8p I don't need to buy any more even at this price, neither would I sell any if I had a trading account instead of certificates.

Get well soon Jimmy!

Get well soon Jimmy!

“No turning back" (a must read)

https://thedriven.io/2022/01/19/no-turning-back-soaring-ev-sales-in-china-signal-tipping-point-for-global-energy-transition/

In parallel with NEOM City, another one! Fuel Cell off-grid power generation for the construction would be a perfect fit for building this (or any) sustainable city, and Altaaqa are in the right place to supply that.

"$490m Sustainable City to be built on Abu Dhabi’s Yas Island"

"Construction will start in the fourth quarter of this year and will be completed in 30 months."

“Aldar today has a 2050 sustainability criteria and this partnership adds a lot of value to the table and allows us also to grow in achieving UAE’s sustainability agenda,” Mr Habib said.

The UAE aims to become carbon neutral by 2050 and plans to spend more than $164bn on a number of clean and renewable energy projects that are in line with its goal to reduce emissions and protect the environment over the next three decades.

"The new project will have elements related to sustainability, including provisions for vertical farming, a reduction in water consumption, sustainable mobility and waste management."

https://www.thenationalnews.com/business/property/2022/01/18/aldar-to-launch-490m-sustainable-city-project-in-abu-dhabi/

In parallel with NEOM City, another one! Fuel Cell off-grid power generation for the construction would be a perfect fit for building this (or any) sustainable city, and Altaaqa are in the right place to supply that.

"$490m Sustainable City to be built on Abu Dhabi’s Yas Island"

"Construction will start in the fourth quarter of this year and will be completed in 30 months."

“Aldar today has a 2050 sustainability criteria and this partnership adds a lot of value to the table and allows us also to grow in achieving UAE’s sustainability agenda,” Mr Habib said.

The UAE aims to become carbon neutral by 2050 and plans to spend more than $164bn on a number of clean and renewable energy projects that are in line with its goal to reduce emissions and protect the environment over the next three decades.

"The new project will have elements related to sustainability, including provisions for vertical farming, a reduction in water consumption, sustainable mobility and waste management."

https://www.thenationalnews.com/business/property/2022/01/18/aldar-to-launch-490m-sustainable-city-project-in-abu-dhabi/

After the USA close:

AFC -6.2%
CWR -8.9%
ITM -3.9%
PPS -7.9%
BE -5.4%
BLDP -2.8%
FCEL -5.2%
PLUG -2.4%

Kev,

AFC never PROMISED anything.

Alt,

Nothing happened between AFC and Iain Thompson, as per his blog it was his decision, a 'lifelong dream' that he realised after a push from Ollie Holloway, not AFC.

Whilst its taken a few weeks to set the business up, this is the realisation of a lifelong dream and I’d like to take the opportunity to thank a number of people that have helped me to get to this point. These include:

Jeremy Hague at Cloud Accountancy, handling all of our finance back-end with the minimum of fuss;
Asgoo Pirbhai and the team at Reach Marketing, delivering their usual swift and quality job on my initial marketing; and
Ollie Holloway at Seven Coaching, giving me the push that I needed to go it alone.

Alt,

Nobody knows if ROLEC are still in the game or not. AFC working with ABB does not include any exclusivity.

"The agreements do not license ABB or AFC Energy's background technology and reflects a commercial model for system deployment leveraging the mutual capabilities of both companies working in partnership. There is no exclusivity afforded to either company under the agreements. "

AFC will supply Fuel Cell systems to any EV charger manufacturer that want's them, whether that be ABB or ROLEC or anyone else.