Member Info for haggismchaggis1

BP,

Ignore the trolls, we know they are talking out of their rectum.

KM,

That's because there's more than one person using that login. That was easy to work out when their new login was created and they asked LSE to delete all their old posts, and then on the new login the English was miraculously better than on the old login, but now the English changes depending on whose turn it is to post.

And they are not just here doing it, they are also on wallstreet-online.de board posting as 'redeemed', and twitter and LinkedIn posting on AFC's feed, AB's feed, and the feeds of other staff like RK where they repost AFC news items. This group trashing AFC day in day out is probably on other German BB's as well like those linked to Tradegate.

That's some dedication to their cause wouldn't you say!!!!

https://www.wallstreet-online.de/forum/afc-energy-diskussionen

Auditors have staffing issues, have had for a while. Just look at POLY for example. It's nothing to do with TOM.

"While the audit process has yet to be concluded, the Directors have been advised by their auditors that the audit is substantially complete and that there are no material audit issues causing this delay."

"While the audit process has yet to be concluded, the Directors have been advised by their auditors that the audit is substantially complete and that there are no material audit issues causing this delay."

That means there is NOTHING to be suspicious of.

What an absolute load of garbage.

BB2,

Makes no difference really, despite what the con men might want to hype up fake negativity on, because AFC have a liquid cooled 100kW membrane based Fuel Cell system, that is what matters, not which membrane it uses.

S+ Series is what AFC wanted and S+ Series is what AFC have got.

Alkamem is just a 'nice to have' alongside that, simply for the potential to sell it separately. It does not determine the success of AFC, the S Series and S+ Series does.

Nothing appearing on RNS so far today. Keep those fingers crossed for later or tomorrow then.

Only 8h 14 minutes to see if AEX and ARA met over the weekend and have an update for us.

Sweet dreams, even Crude dreams if you like, LOL!!

No writing off in this that I can see. It clearly states dry-dock during April-May.

"The MSC Leandra to is scheduled to dry-dock in Q2 2023 in readiness for testing in H2 2023"

"The MSC Leandra is scheduled for dry-dock during April-May 2023, during which time it will be inspected and installed with equipment designed to reduce emissions and improve vessel efficiency."

https://www.investegate.co.uk/quadrise-plc--qed-/rns/interim-results/202303290700055434U/

That does not mean entering dry-dock at end of April or end of May, it means the total time in dry dock will span April-May.

I doubt it would have dashed there if it's not going to get into the dock for weeks, it would have stayed where it was, or docked somewhere else on the way, until it could then just chug to Dalian with a few days to spare. No point having it stuck out at sea for weeks.

Looking at this map I'd say it's just in a queue with a group of other vessels. Why would it weigh anchor that close to significant other vessels and movements unless it was waiting to get the go ahead to enter dry dock, surely if it was going to be weeks it would be much further out where it's not causing congestion to the port.

https://www.vesselfinder.com/?imo=9313943

Zoom out on the map. Down from the Leandra is the HUAHONG16 and a couple of others. They are well out of the way of traffic and other vessels. If Leandra was not going in for weeks I'd expect it as a minimum to anchor out where the HUAHONG16 is, not right near the dock entrance in a queue with other vessels.

31/03/2023
"Oil will rebound after recent banking turmoil as demand from top consumer China is set to soar, but worries around economic growth will keep both benchmarks hovering below $90 this year, a Reuters poll showed on Friday."

"A survey of 45 economists and analysts forecast benchmark Brent crude would average $86.49 a barrel this year, down from February's estimate of $89.23."

"OPEC+, which comprises the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, is likely to stick to its deal on output cuts of 2 million bpd until the end of the year, which could add to upward price momentum, the poll showed"

https://www.reuters.com/business/energy/chinas-demand-comeback-help-oil-weather-banking-crisis-2023-03-31/

And the surprise announcement today!

"Opec oil producers announce surprise cut in output"

"Several of the world's largest oil exporters have announced surprise cuts in production in a move which is expected to push up prices."

https://www.bbc.co.uk/news/business-65157555

Press article that's free to read:

https://www.bbc.co.uk/news/business-65157555

JB,

Nice surprise, thanks! That will put some upward pressure on prices when the market opens.

Acciona definitely want the S Series, and there's a 100kW available right now for them.

1 June 2020 (Original Acciona agreement RNS)
"As one of the world's leading construction companies with a multi-gigawatt portfolio of renewable energy investments across the world, ACCIONA, through its construction business line, has entered into an Agreement with AFC Energy to conduct field tests of a containerised 160kW H-PowerTM system at one of its Spanish construction sites. In addition to a containerised H-PowerTM fuel cell system, ACCIONA will be supplied with a Battery Energy Storage System (BESS) and ammonia cracker."

16 December 2021
"A delegation from ACCIONA visited AFC Energy in November 2021 with the intention of confirming their preferences for system deployment with a focus on high energy density."

9 March 2022
"An example of this has been ACCIONA and Jülich who have been engaging with AFC Energy on our new product portfolio expected for release in 2022. Due to previously communicated delays on each site, an opportunity has arisen to review product deployment for each site with a particular interest in the new S Series systems which are expected for early deployment in 2022. These changes in delivery demonstrate the importance of power density and flexible fuelling to end users who have been willing to delay their timelines to leapfrog to a solution better suited to their needs. "

Telecom,

OK, after much musing over this, I think the 100kW will go to Acciona next, in fact it might already be with them.

Juelich have very likely already seen it working at IAV (as only being 4 hours away), and when they say they won't be ready to take it until H2 2023 that could be as long a wait as December, so I'd say it would go to Acciona who can likely take it straight away.

"The liquid cooled technology, referred to as the "S+" Series was delivered to Germany for independent validation in October 2022"

So has it been away from AFC for 5 months, my guess is not at IAV that long. I suspect maybe up to 3 months of testing to validate longevity, then discussions with ABB E-Mobility on the financial agreement and 10 x 200kW systems. So it could have been shipped to Acciona in January or February, whilst terms of agreement were negotiated with ABB.

BB3,

Looks like you've uncovered his blatent pump n dump whilst he was busy selling out. So not just hypocrisy and incompetence, it's blatant deceit.

Check the below two posts from garmoan on AFC BB the same day that he was ramping AFC on the RR BB. Lies lies lies, that's his sad life in What3Words. You couldn't make it up, as they say!

07 Apr 2022 16:35
Yes 1john. It's looking like apart from the PowerTower and charger there's not much else on offer at the moment. What the heck do they do all year? AlkaMem was touted as the holy grail back in 2019 when it clearly didn't even exist and it still doesn't in commercial form! Ricardo and BK Gulf going nowhere after much fanfare when announcing cooperation with them. Is this all done deliberately to enhance the SP temporarily? Will this company ever succeed commercially? I'm starting to think it's been set up to benefit a few not the many! No chance of a re-rate anytime soon based on today's offerings. Disappointing as ever.

07 Apr 2022 21:11
Johnny, wrong I'm afraid. Sold half my shares at 35p in January at a big loss as I was fearful of a total collapse as the SP was tanking. I still hold the rest which remain heavily underwater so I'm qualified to be unsatisfied with AFC's performance which has been dire. There was nothing coming from today that changed my view and judging from some of the feedback it's clear Bond is not forthcoming with satisfactory answers about future commercial prospects. The lack of clarity on AlkaMem is concerning as it implies they haven't got it perfected even though they're meant to have an S cell ready this year as per the ABB deal, which depends on AlkaMem being commercially viable. I don't believe this will happen. We're being strung along I feel. Also, I thought today's early announcement about the EV charger was cynically timed to placate AGM attendees. He couldn't even announce any sales of it. In fact he's never sold anything! Does that not concern you johnny? Maybe you've got too much blind faith in AFC. I hold and am not happy about that TBH as AFC are taking far too long to monetise their tech. It could be that they never do. Have you considered that johnny? It is good when they announce new developments such as HFC and the Power Tower but it's a far cry from Bond's own musings of 50 qualified enquires many with multiple order potential by the end of 2021! TBH I don't trust the guy and with good reason. I don't know why anyone would.

"Oil will rebound after recent banking turmoil as demand from top consumer China is set to soar, but worries around economic growth will keep both benchmarks hovering below $90 this year, a Reuters poll showed on Friday."

"A survey of 45 economists and analysts forecast benchmark Brent crude would average $86.49 a barrel this year, down from February's estimate of $89.23."

"OPEC+, which comprises the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, is likely to stick to its deal on output cuts of 2 million bpd until the end of the year, which could add to upward price momentum, the poll showed"

https://www.reuters.com/business/energy/chinas-demand-comeback-help-oil-weather-banking-crisis-2023-03-31/

Telecom,

Yeah, I was thinking that maybe after the IAV testing, the 100kW could go to Jeulich. It's already in Germany and only a four hour drive from Juelich.

It looks like ABB are holding out for the 200kW, so the 100kW is free to go anywhere now, and Juelich already have their order in, including the down payment they made last year. And it's not far from when they were expecting it, so it could be stored at IAV for a couple of months and then delivered to Juelich.

I wonder where else it could go in Europe post IAV testing. Acciona maybe.

Who gives a toss about traders?

The more this company adds to it's bank balance, the more it takes stock out of the market, the more in pays dividends, the more long term investors it is attracting, continually underpinning the price as it rises.

I don't give a toss about traders, they come and go even when the price is rising, they are just noise that I can ignore, whist concentrating on the long term upside.

The long term chart has a rounding bottom. The price could well follow up the right hand side of the curve. The long term fundamentals back it doing this too.

https://www.investopedia.com/terms/r/roundingbottom.asp

https://ibb.co/j3d9JXm

The price drifted out of the 12 month long term trend, but I can see it creeping back in there, as it was market-wide issues that caused the drift, not anything specific to UJO, and those issues are already dissipating.

https://ibb.co/1G3Ztff

RNS 29 June 2022:

"Discussions with Al Taaqa Alternative Solutions for a distribution agreement has continued with valuable insights received on the end user demand which can be summarised as a >100 kW system supported by flexible fuelling solutions. The relationship is ongoing and we are currently evaluating these requirements into our product roadmap and looking at ways to accelerate the timeline whereby we can deliver to their needs."

https://www.investegate.co.uk/afc-energy-plc/rns/interim-results/202206290700085510Q/#

We now have a 100kW system and we have independent test results from IAV too. I think the physical 100kW is what was needed to get the Altaaqa distribution agreement over the line, the independent test data adds more weight to the business case. I'd say both parties would want the deal in place well ahead of the 200kW being available, especially as the 200kW is just more stacks and bigger BoP, it's NOT new technology to the 100kW it is just making a bigger version of it.

I doubt very much that link has anything to do with this subject, so I for one won't be clicking on it.