Member Info for haggismchaggis1

richlist,

That crossed my mind, but why use the word consolidate when there's plenty of other words that fit better, like "convert system deployment opportunities to sales"

That's the reason I'm wondering if it's a big hint.

Maybe the hint is that we have so many potential orders that they can be combined into one big outsourced manufacturing contract, gaining us instant economy of scale over assembly at Dunsfold?

The word consolidate has different meanings, so I wonder if this a hint at something?

The CEO Blog says "Several prospective customers travelled to Scotland especially to meet AFC Energy and witness the operation of our EV charger in real time.

Since the launch of our H-PowerTM EV charger three months ago, we’ve seen over 500 people visit the operation of the charger, in addition to the significant number of commercial enquiries received through phone calls and email from the UK and overseas.

Our focus however remains on working with several enquiries from the UK to consolidate system deployment opportunities, many of which have arisen over the period of the Roadshow."

consolidate
/k?n's?l?de?t/
Learn to pronounce
verb
verb: consolidate; 3rd person present: consolidates; past tense: consolidated; past participle: consolidated; gerund or present participle: consolidating
1.
make (something) physically stronger or more solid.
"the first phase of the project is to consolidate the outside walls"
strengthen (one's position or power).
"the company consolidated its position in the international market"
synonyms: strengthen, make stronger, make secure, secure, make stable, stabilize, reinforce, fortify, tighten, harden, stiffen, cement, enhance
"we have been able to consolidate our position in the market"
2.
combine (a number of things) into a single more effective or coherent whole.
"all manufacturing activities have been consolidated in new premises"
synonyms: combine, unite, merge, integrate, amalgamate, fuse, blend, mingle, marry, synthesize, bring together; More
join, affiliate, federate, unify
"you must consolidate the results of the audit into an action plan"
combine (a number of financial accounts or funds) into a single overall account or set of accounts.
"consolidated accounts"
BRITISH
combine (separate pieces of legislation) into a single legislative act.
"the Companies Act 1948 and subsequent enactments were consolidated by the Companies Act 1985"

Could go into auction and end up level, that would be an even better finish!

Overseas could also be TATA Power, as I emailed them details of the EV Charger. India grid is notoriously bad.

https://www.bloombergquint.com/business/tata-power-says-it-plans-to-have-700-ev-charging-stations-by-2021

Lots more pressure on the Government, Councils and charging providers. Especially relevant to AFC is this bit "we must ensure that all areas are served equally well".

Dame Cheryl Gillan MP: We must improve chargepoint infrastructure to speed up Britain’s transition to electric vehicles.
.
It’s time to remove the roadblocks to greener motoring and put Britain at the forefront of facilitating the use of EVs, writes Dame Cheryl Gillan MP.
.
It is vital that we should have a robust and expanding system of charging points and we must ensure that all areas are served equally well. With 125 rapid-charge points per 100km, the UK compares well with the European average of 25, but we need to keep up – and speed up the expansion.
.
Allied to this, we should look at the changes which electric vehicle use will have on electricity consumption and the demands on the grid.
.
https://www.politicshome.com/news/uk/transport/road-transport/house/house-magazine/110045/dame-cheryl-gillan-mp-we-must-improve

Sales of oil and coal for transport and power peaked years ago. Now loads of big funds are divesting from it because of climate change. You'd have to be clueless to think it has any upside in the future.

And as WB has said and been proven right for decades.

"be fearful when others are greedy and be greedy when others are fearful"

So, right now it's a time to be greedy and load up.

50 dead in Qom, Iran. Staggering considering they only had announced 12 as of last Friday.

Pandemic announcement soon I expect.

So it's market manipulation to kill the CFD's.

My post below from yesterday. I'd say I was definitely on the money with "may have just wanted to see the beast in the flesh before signing on the dotted line." bearing in mind the CEO Blog post today states "Several prospective customers travelled to Scotland especially to meet AFC Energy and witness the operation of our EV charger in real time.".
__________

Except that some customers were lining up for the EV Charger over a year ago, that's the reason AFC designed and built it. Those customers would have been kept appraised of the situation at every step, and may have just wanted to see the beast in the flesh before signing on the dotted line.

Also, some smaller fleet owners will have far less paperwork and no accounting hoops to jump through, with basically just the MD or CEO empowered to sign off a deal at very short notice.

And you have those like Welcome Break and Roadchef crying out for this solution.

https://afcenergyprod.wpengine.com/category/ceo-blog/

That's great Lucky!

I actually emailed AFC this morning asking for an update

That's great Lucky!

I actually emailed AFC this morning asking for an update!

"The technology recovers 80-100% of all materials found in lithium-ion batteries"

https://li-cycle.com/?gclid=CjwKCAiAhc7yBRAdEiwAplGxX-UBv9734ICbFeXAGA8IXUg2uMpFygo-EvDee7j-BpmOxURplRlITRoCDzQQAvD_BwE

The drop has nothing specific to do with AFC, it's market wide.

"London-listed shares plunged 2% on Monday as a surge in new coronavirus cases outside China sparked fears of a pandemic, sending investors scurrying for the safety of gold and hammering commodity-exposed stocks including miners and oil majors."

Nowhere near as bad a valuation drop as the others!

CWR -83m

ITM -80m

AFC -11.55m

Global drop?

Coronavirus about to be declared a pandemic.

CWR -11 3 percent
ITM -10.2 percent