Member Info for haggismchaggis1

In case anyone is wondering who Bronte are see their info below. It looks to me that they are so far detached from the UK market that they have no idea about AFC valuation, AAFC cash position, AFC progress and expected news flow. Deciding to short a stock AFTER it has dropped due to nothing but a tech stock sell off is really dim. When tech stocks drop like they did, the first think that happens is value investors look for the bottom to pick up the cheap stock (which we can see is happening with big buys going through). This is a totally different scenario to shorting a bad company, there is nothing bad about AFC, it has years of cash in the bank (so no need for placings any time soon), it has commercial products (L Series now, HFC available in Q1), big partners, and over 50 qualified sales leads as of 6 months ago, so it is not a specific shorters target for any reasons related to the company, only because it is a tech stock that dropped with the rest, and that tech stock drop has now stopped, with good stocks creeping back up, and AFC is showing signs (with several big buys) of being one of those recovering.

"A global funds manager founded by John Hempton and Simon Maher. Bronte advises a US domestic fund, an Australian wholesale fund and a Cayman Islands fund for non-retail investors. Client funds are invested in global securities including stocks, bonds, options and currencies. Short positions are consistently used to (i) reduce portfolio volatility and (ii) obtain enhanced performance."

https://au.linkedin.com/company/bronte-capital-management-pty-ltd

Senza,

Yes it is. Looking at ADVFN volume, buy volume has now exceeded sell volume, having been the other way round since 10:47.

Images named 'Neom-Setting-off1-web.png' and 'Neom-Setting-off-2-web.png' from April 2021.

https://www.multisourcepower.com/news/supporting-the-hydrogen-economy

Maybe prior or during the NEOM event they will tell us the what, where and why!

6 months, maybe even 6 weeks :)

"The HFC will be deployable in Q1 2022 running off direct hydrogen"

The HFC, because it being made available on Lease and just needs a Hydrogen cylinder (the simplest logistics you can get, it's available everywhere), could IMVHO easily create multiples of the 50+ sales leads.

The HFC, because it being made available on Lease and just needs a Hydrogen cylinder (the simplest logistics you can get, it's available everywhere), could IMVHO easily create multiples of the 50+ sales leads.

As AFC said....

"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"

SuperStarr,

Their hands are tied with so many MOU's, NDA's etc. No point putting out loads of RNS about clients they can't even name. 50+ qualified sales leads says it all really, and that was last June so likely to me many more now.

She's part of the furniture, the only way she'll leave AFC is by retirement LOL!

My view of it, based on the PR we have seen so far from both sides, is that Extreme E can publicise the AFC Fuel Cell system, and AFC can publicise Extreme E (which they have both done many times). There are probably just caveats within that to ensure neither do any publicity that is out of context. This is a far simpler way to do things than working out who pays who how much for each mention of their brand or trademarks.

Biden Administration Announces Electric Vehicle Charging Action Plan to “Fast-Track” New Infrastructure Law Investments

The Biden administration is moving to implement the new electric vehicle charging station programs and $7.5 billion in new federal funds provided by the Infrastructure Investment and Jobs Act.

In mid-December, the White House announced an Electric Vehicle Charging Action Plan to “fast-track” new infrastructure investments.

The action plan outlines the steps federal agencies are taking to implement the new electric vehicle charging programs and gives new details on timing, criteria, and opportunities for states, localities, and private sector stakeholders.

https://www.jdsupra.com/legalnews/biden-administration-announces-electric-1762910/

Why do you feel the need to repeat everything haggismchaggis ?

I don't, I only click on the Post Message button once, and two posts appear. I'll try the trackpad instead.

RE "Has the HFC system been tested and validated by 3rd parties or just AFC lab work ?....when do you see results of testing being released ?"

Don't ask questions that only the technical director can answer, it's pointless, all it will do is create loads of baseless replies. If you want answers to questions like that, email AFC.

"City cancels order of 50 hydrogen buses after realizing electric buses make so much more sense"

"The City of Montpellier confirmed that it cancelled an order for 50 hydrogen fuel cell buses after realizing that it would be cheaper and more efficient to order battery-electric buses instead."

https://electrek.co/2022/01/11/city-cancels-order-50-hydrogen-buses-after-realizing-electric-buses-best/

"City cancels order of 50 hydrogen buses after realizing electric buses make so much more sense"

"The City of Montpellier confirmed that it cancelled an order for 50 hydrogen fuel cell buses after realizing that it would be cheaper and more efficient to order battery-electric buses instead."

https://electrek.co/2022/01/11/city-cancels-order-50-hydrogen-buses-after-realizing-electric-buses-best/

News from 1 hour ago

"US stocks shed early loss, rise as tech stocks gain ground"

https://www.heraldsun.com/news/nation-world/world/article257209087.html

News from 1 hour ago

"US stocks shed early loss, rise as tech stocks gain ground"

https://www.heraldsun.com/news/nation-world/world/article257209087.html

Klunk,

The HFC works on Hydrogen.
The HFC does not use Alkamem (I confirmed this myself earlier by re-reading the HFC part of the RNS)
In the future the HFC will work on cracked Methanol
The HFC CANNOT run on cracked Ammonia
The HFC uses the same stack as the S Series, therefore it is NOT designed to be a 2-5kW system, it will be virtually the same cartridge power as the S Series, 10kW, and fitted into systems with one or multiple cartridges, the same as the S Series will.

The S Series works on Hydrogen, but AFC are working on a BIG version of this for later in the year.
The S Series uses Alkamem
The S Series will also work on cracked Ammonia
The S Series CANNOT run on cracked Methanol

The HFC has been produced for these reasons:
1) To offer a Fuel Cell powered by cracked Methanol
2) To offer an rapidly available Hydrogen powered Fuel Cell whilst work on the BIG S Series progresses, and prior to integrating a Methonol Cracker into the system, at which point the systems already leased out can be swapped out for Methanol based systems if desired

The S Series WILL go ahead because:
It is the ONLY compact Fuel Cell that AFC can offer that will run on cracked Ammonia
ABB have paid £4m to get a 200kW S Series
The S Series is AFC's only Fuel Cell that is based on AEM (Alkamem membrane) technology, which has big advantages over PEM, especially being much cheaper but the same or better performance

In the longer term only a small percentage of AFC systems will run on Hydrogen, the vast majority will use Ammonia or Methanol, because that is the cheapest way to fuel them, and has many other advantages over Hydrogen.

Hydrogen based systems are being offered at this stage as a quick way to fill client needs for a compact system with zero emissions. Clearly there is huge implied demand from clients, for AFC to fast track production to the level of having said systems available for deployment this month.

Klunk,

The HFC works on Hydrogen.
The HFC does not use Alkamem (I confirmed this myself earlier by re-reading the HFC part of the RNS)
In the future the HFC will work on cracked Methanol
The HFC CANNOT run on cracked Ammonia
The HFC uses the same stack as the S Series, therefore it is NOT designed to be a 2-5kW system, it will be virtually the same cartridge power as the S Series, 10kW, and fitted into systems with one or multiple cartridges, the same as the S Series will.

The S Series works on Hydrogen, but AFC are working on a BIG version of this for later in the year.
The S Series uses Alkamem
The S Series will also work on cracked Ammonia
The S Series CANNOT run on cracked Methanol

The HFC has been produced for these reasons:
1) To offer a Fuel Cell powered by cracked Methanol
2) To offer an rapidly available Hydrogen powered Fuel Cell whilst work on the BIG S Series progresses, and prior to integrating a Methonol Cracker into the system, at which point the systems already leased out can be swapped out for Methanol based systems if desired

The S Series WILL go ahead because:
It is the ONLY compact Fuel Cell that AFC can offer that will run on cracked Ammonia
ABB have paid £4m to get a 200kW S Series
The S Series is AFC's only Fuel Cell that is based on AEM (Alkamem membrane) technology, which has big advantages over PEM, especially being much cheaper but the same or better performance

In the longer term only a small percentage of AFC systems will run on Hydrogen, the vast majority will use Ammonia or Methanol, because that is the cheapest way to fuel them, and has many other advantages over Hydrogen.

Hydrogen based systems are being offered at this stage as a quick way to fill client needs for a compact system with zero emissions. Clearly there is huge implied demand from clients, for AFC to fast track production to the level of having said systems available for deployment this month.

junior3564,

Did I say that, I read my post and I don't believe I did, so stop trying to put words in my mouth just to suit your mind games.

Unlike the scum blatantly scaremongering on here, I am giving people the 'heads up' to watch the market carefully if they don't want to miss the bottom, and as I clearly stated IMVHO, which I'm sure you fully understand means In My Very Honest Opinion, then I am clearly not telling anyone to buy.

As proven in the past 2 weeks, one day AFC underperformed CWR and ITM, the next day it outperformed them. Get a grip!