Member Info for haggismchaggis1

Kmolloy101,

I'm not sure how you work out that €0.20/kWh is "being slaughtered"?

Take an example of a petrol car doing 50mpg, which is pretty much the norm these days for cars similar in performance to a Zoe, Leaf, i3 etc.

1 UK gallon = 4.546090 litres

€1.69 * 4.546090 = €7.68

€7.68 / 50 = €0.1572 per mile.

An EV does 4 miles per kW (some cars (BMW i3) and/or careful driving will get you 5, flooring it all the time or driving at high speeds will get you 3, so using 4 as the average.)

€0.20 / 4 = €0.05 per mile

So for 10,000 miles per year, the petrol cost is €1,572 vs the EV at €500

Using reverse calculations, you would have to be paying €0.6288 per kWh just to be paying the same per year for electric as you are for petrol.

Using reverse calculations, to go the same distance in a petrol for the same cost as the EV, you would need to be getting 157.2mpg.

Therefore, your statement that "I have a phev and am getting slaughtered with electricity prices for charging it so been honest there is no difference to petrol." looks to me to be incorrect. I doubt your PHEV gets 50mpg and if you're not getting 4 miles per kWh from it then you either need to stop driving like a boy racer, or ditch the PHEV and get a proper EV.

"The next race will take place on October 23 in Sardinia, and the RMS Saint Helena has already delivered the electric SUVs to their destination."

https://www.autoevolution.com/news/high-performance-electric-suvs-to-conquer-sardinia-in-upcoming-extreme-e-race-171659.html

More pressure on people to move to EV's, especially big fleets (including those that can make use of AFC based EV Chargers) where the cost must be making the owners cry in their beer.

"Petrol prices nearing record high"
The RAC said the average price of a litre of petrol at UK forecourts has reached 140.22p.
Ministers have been urged to consider cutting VAT on fuel as petrol prices hit a nine-year high.
https://www.standard.co.uk/news/uk/vat-rac-petrol-prices-government-b960808.html

I can't see the Government cutting VAT on fuel when COP26 is only 2 weeks away, they would get slaughtered by the press and organisations like WHO, Greenpeace, Extinction Rebellion, etc.

Big fleets won't wait to see if fuel prices will drop, they will be rapidly working out how quickly they can replace as much of their fleets with EV's as they can. Those already on AFC's and ABB's client lists should be bringing forward their plans.

Countdown has begun, 10, 9 , 8 ……..

Only 10 trading days to COP26. Journalists have now started to ramp up coverage related to the event, so this week would be a good time for AFC to produce their first climate related news.

WHO are also on the case with a new report, well worth a read this one.
https://www.who.int/publications/i/item/cop26-special-report

TBB, that would be great free publicity, especially considering the category, which a lot of investors would latch on to.

Maybe the huge success with Extreme E can secure us the win, alongside COP26 focussing judges minds on Climate Change? I've not looked at the other competitors apart from Highview Power so no idea how they stack up against AFC.

"Commercial Technology of the Year"

AFC Energy
BHE Compression Services
Group14 Technologies
Highview Power
Micatu, Inc
Project Canary
Viridi Parente
W Power, LLC/Wellhead Energy, LLC
ZincFive

https://www.spglobal.com/platts/global-energy-awards/finalists

https://twitter.com/AFCEnergy/status/1441307735572635654?form=MY01SV&OCID=MY01SV

Ufufuo, spot on!

The payment from TPDC is enough money to keep AEX from struggling, and allows AEX to go back and rework KN-1, which clearly they were holding back on until payment was made. It also removes the uncertainty hanging over AEX, allowing the MCap to go back to a more realistic valuation.

Look at what has happened to gas and fuel prices this year. The boot switched to the other foot. Tanzania has to import much of it's energy needs. Holding back on the KN-1 etc work until payment is received has clearly been a good plan, as we have finally squeezed the payment out of TPDC.

Considering the huge rises in gas and fuel prices that are directly hitting the Tanzania economy, they will be begging us to get KN-1 back online, and to get work on KN-2 etc back on track.

Gas prices
https://www.wsj.com/articles/oil-price-jumps-above-80-and-natural-gas-races-higher-turbocharged-by-supply-shortages-11633943832

The news below may also have helped get the payment out of the way of Tanzania's gas ambitions.
"Tanzania races to develop natural gas reserves [Business Africa]"
https://www.africanews.com/2021/10/14/tanzania-races-to-develop-natural-gas-reserves-business-africa/

I did pay 4p for these a long time ago, but closed my trading account over a decade ago and now only since then have only held certificates in all my stock. At the time I closed the account I had already top sliced other stocks and took out my original investment in my portfolio, so all of my stocks became nil cost, hence I can wait as long as it takes for these companies to be successful and give me the big returns. As far as AEX goes, once Ntorya is developed these will be worth much much more, and if they find the lost oil then it's a jackpot stock.

BB2,

RE: "To be fair though, he isn’t saying all of those results will come off. He has said which ones AFC expect to achieve, the others are possibilities."

I have no idea what was posted as I have them on filter, but from your post it would appear that some con man is trying to twist my words to make out I've said something that I have not, which is probably one of the reasons I filtered them.

As you say, I clearly stated 'expected' (because that is what is stated in RNS) or 'possible' (because we either know from AFC or it's Patents, or believe from discussions on here, that AFC are working on these, and AFC have said that there will be multiple products released in H2, so logically these have to be considered 'possible', just as I stated).

News flow in Q4 (the short and sweet version). Some of these have been announced as 'expected' in H2 or Q4 by AFC, others are possibilities.

Sales of FC systems (expected)
S Series 'membrane' FC, full scale prototypes (expected)
FC System delivered to ACCIONA (expected)
FC System delivered to Juelich (expected)
Ammonia Cracker (possible)
Alkaline Electrolyser (possible)
Redox Flow Battery (Alkamem) (possible)
Salt Water Battery (Alkamem) (possible)
Direct Ammonia Anion Exchange Fuel Cell (Alkamem) (possible)
Chior-Alkali Plant (possible)
Fuel Synthesis system (Alkamem) (possible)

1p, 1.5p, 2p? All possible now this uncertainty is off the board, an Kiliwani and other work can progress.

This could be a trigger for a Songo Songo area JV to progress. 2017 "Aminex plc (LON:AEX) told investors it is re-evaluating its interests around Songo Songo Island, in Tanzania, to identify new drill targets. Any gas finds in the area could feed the gas plant on the island, the company noted."

Could also be a trigger for KN-2 to go ahead. 2019 - "acquisition of new seismic and to support the transition of the Kiliwani South exploration prospect into a ‘drill-ready’ target."

Great news! Onwards and upwards!

FCI,

Do an intraday chart of AFC and PHE, same story, both shoot up and then trade sideways all day. CWR and ITM been fairly sideways since their little rise today too.

Now do a chart of a year for AFC, the price is approaching the upper resistance line from the triangle, we just need that extra bit of momentum to break through it and we'll be away.

BB2,

Is chippy still making false claims? I thought we had cleared that little 'error' up a few days ago? Anyone reading the RNS can see it was the company news flow that made the price go up, especially the expectation from the upcoming EV Roadshow. The negativity and doubt caused by the investor group just held back the price, once the group had finished interfering, confidence in AFC was able to grow back.

Another crypto pump n dump idiot, filtered.

This arrangement looks to have potential for AFC, possibly via Altaquaa. The partner profiles make for interesting reading too. I've sent it to AFC.

https://www.investegate.co.uk/release/gnw/scatec-partners-with-fertiglobe-and-the-sovereign-fund-of-egypt-to-develop-green-hydrogen-as-feedstock-for-ammonia-production-in-egypt/20211014070000H2309/

And "Similarly, the build of our 100kW system for Forschungzentrum Juelich is progressing well, with this deployment also planned for Quarter 4 2021"

From the Half Year Results: "Juelich fuel cell system for German micro grid on schedule for completion in Q4 2021"

BB2,

Ah yes!

From the half-year Report dated 23 June 2021: "Multiple new product releases expected for second half of this calendar year."

Bearing in mind that the second half of 2021 started just 8 days after the RNS, AFC must have been HUGELY confident of the product releases happening in the time frame advised. Product releases can be held back from the market until the company decides they are ready to be released, so as we have not had any new products in the last 3 months, I think they must be timing them for COP26 or something.

Top of the list: S Series 'membrane' Fuel Cell, which AFC said would see prototypes released this calendar year.

Half year results RNS:
"Preparation for delivery of full prototype high power dense AEM fuel cell by calendar year end. "
"We believe there is likely to be strong backing for our S Series fuel cell technology once our first prototypes are ready later this year, and we are already in discussions with multiple ship designers, power providers and ship operators who are exploring the adoption of alkaline fuel cell systems onboard new and retrofitted ships as part of their commitment to achieving 50% greenhouse gas emission reductions by 2050."
"The opening of our world-class AEM research and testing facility at Dunsfold in February directly supports our roadmap for demonstration of a pre-commercial prototype of our new S-Series fuel cell stack in the second half of 2021"

Next in the list would Acciona delivery: "At the request of Acciona SA, our fuel cell system will now be deployed to a construction site in Spain in Quarter 4 2021". So Acciona may be timing their delivery for COP26 publicity too.

Here's a left-field one that could possibly be released. I'd expect it to be a JV between AFC and De Nora, due to their World leading Electrolysis and Chlor-Alkali knowledge, so under NDA.

Chior-Alkali Process and Plant
https://patentscope.wipo.int/search/en/detail.jsf?docId=GB137555604&tab=PCTDESCRIPTION&_cid=P21-KU9PDY-47204-1

Then there's an Electrolyser, which can also be reversed to be a Fuel Cell to balance renewable energy. You'd have several stacks set up as electrolysers (with Hydrogen storage buffer), and depending on the wind/solar/etc output level you'd reverse some of the stacks to make them work as Fuel Cells, to top up the power coming from the renewables.

FUEL CELL OR ELECTROLYSER ASSEMBLY
https://patentscope.wipo.int/search/en/detail.jsf?docId=WO2019069095&_cid=P21-KU9PDY-47204-1

Another possibility: In the Alkamem launch PR, AFC said Alkamem was suitable for 'Fuel Synthesis'. What is 'Fuel Synthesis' I hear you ask! Just have a read of this! And it can be done by extracting CO2 from the air or from the sea!
https://www.researchgate.net/publication/342018086_Fuel_production_using_membrane_reactors_a_review

Other things AFC could release are:
1) Ammonia Cracker
2) Redox Flow Battery (Alkamem)
3) Salt Water Battery (Alkamem)
4) Direct Ammonia Anion Exchange Fuel Cell (AlkaMe

Crapto can also drop just as much in a day, you're welcome to the high blood pressure of that market.