Member Info for haggismchaggis1

The prospectus will most certainly list the AFC agreement. Who will read the prospectus, ii's and HNW's, and many other investors. AFC's name will reach all of them.

ABB readies electric vehicle charger business for $3 billion IPO next year - sources

Swiss technology group ABB plans to list its e-mobility division on the stock market next year in a deal that could value the fast-growing business at about $3 billion, according to three people close to the matter.

The e-mobility business, which makes fast chargers for electric cars and buses, is benefiting from a global boom in battery-powered vehicles.

https://www.reuters.com/article/abb-mobility-ipo/abb-readies-electric-vehicle-charger-business-for-3-billion-ipo-next-year-sources-idUSL5N2OD2LJ?rpc=401&ABB readies electric vehicle charger business for $3 billion IPO next year - sources

Envision AESC, who already operates Europe’s first battery plant in Sunderland since 2012 manufacturing batteries for the Nissan LEAF and eNV200, will build a new gigafactory on the International Advanced Manufacturing Park (IAMP) after an investment of £450 million ($621 million). This plant is independent of the new plant in Douai, France, and will supply batteries for up to 100,000 Nissan EVs per year.

The factory will have an initial capacity of 9GWh but it could reach 25GWh by 2030 thanks to a future investment of £1.8 billion ($2.5 billion). The potential capacity for the more distant future is 35GWh, which would match the Tesla gigafactory in Nevada. The Chinese company plans on manufacturing Gen5 battery cell technology providing a 30 percent increase in energy density thus offering more range.

https://www.carscoops.com/2021/07/nissan-announces-uk-based-ev-factory-and-new-electric-crossover/

Going by the price I'd say the market is putting greater weight on the big resource increase and over double the 3D Seismic required, than the increase in time to drill it.

Price may go up nicely long before 2024 or even before late 2022, as there will be other news on Seismic, spud date, drilling plan for the whole area, and potentially the Tas Gov paying us what they owe us so we can get back to work on Kiliwani etc.

Farm out agreement 11 July 2018:

"Acquire, process and interpret 3D seismic over a minimum of 200 km(2) within the Ntorya area, which is understood to be the first time 3D seismic has been acquired onshore Tanzania"

"The Company will retain a 25% interest in the Ruvuma PSA which includes Ntorya's 1.87 TCF (311 million boe) Pmean gas initially in place (2017 RPS Energy Consultants Limited report) and which is expected to be developed without the need for new funding by Aminex."

Ruvuma updates today:

"3D seismic acquisition over 454 km(2) on the Ntorya location, under the Ruvuma PSA, expected to commence third quarter of 2021 and continued progression of well planning activities for the Chikumbi-1 exploration and appraisal well, for which Aminex is fully carried under the terms of the Farm-Out Agreement"

"In addition, APT has performed a re-interpretation of the existing 2D seismic dataset and considers the Ntorya gas reservoir to be the product of a stacked, high-energy, channelised sand system. Moreover, their revised mapping and internal management estimates suggest a mean risked gas in place ("GIIP") for the Ntorya accumulation of 3,024 Bcf, in multiple lobes to be tested and a mean risked recoverable gas resource of 1,990 Bcf, which will be appraised by the planned seismic and drilling programme."

So, we may have got another delay, but our target looks way bigger than it did! And still the potential for oil to be trapped in this huge area in one of the levels.

The Daily Mail of investing LOL!!

Sensationalist BS headlines, distorted facts, clickbait to lure punters to their paid for research, complete lack of real research, no grasping of company target markets, I could go on, and on, and on, but if you think The Daily Mail is garbage, why would you believe anything in The Daily Mail of Investing??

He is clearly talking about AFC Energy here!!

https://www.surrey.ac.uk/news/surrey-contributes-major-advance-alkaline-membrane-fuel-cells

That is a news item from August 2020.

We know that mechanical strength and stability were identified in the record breaking 1000 hour test as needing improving, and that AFC and the professor have been working on that (as per the info in the recent results RNS).

Now we are building an S-Series prototype, so I would say that they must now be happy with the current iteration of Alkamem, else they would not be moving to the next stage with it yet.

If Alkamem is now at Prototype Fuel Cell stage, it means it is also most likely at the stage where it can be used in prototypes for other uses, by prospective buyers (excluding Fuel Cell use) or licensees of it.

Not sure if this was posted before, but watch the video in full, or skip to 5m 47s to hear about AFC. I messaged Fully Charged Show in April, suggesting they do a feature on AFC's EV Charger, now they have been mentioned again by Nico Rosberg so maybe we will see that happen, although they may be holding back for when the ABB EV Charger is ready, so it can be a news item for Fully Charged Show.

https://www.youtube.com/watch?v=gOrUxsnfGv0

The Electric Vehicle Charging Infrastructure Market size is expected to be worth around US$ 150.20 billion by 2030, according to a new report by Vision Research Reports.

https://www.altenergymag.com/news/2021/06/24/ev-charging-infrastructure-market-worth-us-15020-billion-by-2030/35378

13thmonkey, absolutely spot on. That is why a £500m MCap is so important, not to massive Fund Managers but to the smaller funds that are limited to buying companies worth £500m or more, so that they do not become owners of a huge percentage of any company.

I'm Sure Aggreko will not just be looking at a system with Nedstack in isolation, they will be monitoring the entire FC market. Nedstack is PEM and everyone that's read AFC's RNS knows that AFC's will be lower CAPEX and with Ammonia much lower OPEX, so there is huge potential for AFC to replace the Nedstack FC part of the generator once the Acciona trial has proven our system on a building site.

You wouldn't be taking on 2 people per week and heading for a 100 headcount unless you had a pipeline of 'virtually guaranteed' sales lined up that was of very substantial value. AFC has always been very conservative with staffing numbers and only taken on staff that were actually needed, so you can be sure that these extra staff really are 'needed' at AFC.

"Recruitment of new product engineers, manufacturing and field technicians, fuel cell and polymer scientists, and commercial staff expected to continue with on average of two new starters per week."

"To meet the growth in demand for our systems and to accelerate the development of all three of our technology pillars, we have also begun a significant recruitment programme to grow our workforce from the 40 staff in post today to around 100 by the end of 2021"

In May 2021 I posted this:

With reference to the following excerpt from the Platts S&P article:

"The ammonia still has to be cracked on site by a small 'cracker' unit, but Bond said: "watch this space, maybe we'll be able to get rid of that at some point."

I do not believe he is talking about an AFC cracker here, because he says of the cracker "maybe we'll be able to get rid of that at some point" which means regardless of whether it's purchased or an in house product, they will no longer need it.

This leads me to believe AFC are working on a Direct Ammonia Anion Exchange Fuel Cell, utilising Alkamem, which is an Anion Exchange Membrane.

https://iopscience.iop.org/article/10.1149/1.3428469

Today AFC stated:
"We continue to invest in our product lines and during the course of 2021, we expect to make further announcements on new product applications and configurations that we will be bringing to market. These products are in direct response to customer enquiries and we believe will further add to the value proposition of alkaline fuel cell technology and its key role, alongside other fuel cell technologies, in supporting a sustainable future."

It would be great if one of the new products is a Direct Ammonia Anion Exchange Fuel Cell.

Some may remember I posted last December about the Alkamem testing done by Professor John Varcoe at University of Surrey.

At the time I posted info which stated they needed to increase the mechanical strength and stability of the Membrane, and that they had solutions to this which they were going to test going forward.

Low and behold, AFC state today "Development work on AlkaMem® in 2021 has focused on enhancing the membrane's mechanical strength and stability in order to improve its end performance and we are continuing to prepare the membrane for third party uses in 2021."

Thus proving that DYOR is worth the effort.

Great news, great publicity for Ex E across all the F1 websites and news pages. I'm sure a lot of people will be looking through the Ex E Website to find out all about it, with potentially many that can see uses in their business for AFC EV charging or off-grid power.

I messaged Fully Charged Show a few weeks ago suggesting they look at AFC and Extreme E. Maybe they will get to AFC at some point, but in the meantime this tweet appeared today.

https://twitter.com/FullyChargedShw/status/1402236045756964865

Fully Charged Show have a huge following including many in the EV industry, such as EV car manufacturers, EV charging companies, etc.

How better to showcase your brand new zero emissions EV Charger than to use it yourself on your own big fleets.

Garmoan is just another one constantly peddling negative spin and as you say, repetitive posts. I said the same back in January and of course he/she got all offended, but then carried on doing exactly the same.

There is absolutely no sane reason to moan about the exact same thing nearly every day, including posting those moans on completely unrelated threads. They are either a manic depressive, or it's all part of their game to try and keep the price down and brainwash all the sheep into selling out. Take your pick!

Either way, I finally filtered them about 3 months ago, as their posts are of zero interest to anyone looking to hold the stock long term. If they think they can affect the share price by posting negative crap on here, best of luck with that LOL! (unlikely to happen really), it doesn't affect me either way, as I'm here for the £'s per share and a multi-million ROI.

ABB could be one of the first buyers of AFC Fuel Cell Systems, for it's own use.

"ABB to completely electrify 10,000-strong fleet by 2030"

https://www.zap-map.com/abb-electrify-vehicle-fleet-by-2030/

Win a trip to an Extreme E event, hang out with the team, watch the race, ask lots of probing questions about the AFC EV Charging System!! Hop to 2 minutes or watch the whole thing anyway, as it's all very interesting.

https://www.youtube.com/watch?v=RUpuHj3xueI

sb1987uk....

The most interesting part of the study remains: Which energy has the best efficiency and is the most cost-effective for driving e-cars? Battery or hydrogen operation?

With battery-powered e-cars, only eight percent of the energy is lost during transport before the electricity is stored in the batteries of the vehicles. When the electrical energy used to drive the electric motor is converted, another 18 percent is lost. This gives the battery-operated electric car an efficiency level of between 70 to 80 percent, depending on the model.

With the hydrogen-powered electric car, the losses are significantly greater: 45 percent of the energy is already lost during the production of hydrogen through electrolysis. Of this remaining 55 percent of the original energy, another 55 percent is lost when hydrogen is converted into electricity in the vehicle. This means that the hydrogen-powered electric car only achieves an efficiency of between 25 to 35 percent, depending on the model. For the sake of completeness: when alternative fuels are burned, the efficiency is even worse: only 10 to 20 percent overall efficiency.

https://www.volkswagenag.com/en/news/stories/2019/08/hydrogen-or-battery--that-is-the-question.html