Member Info for haggismchaggis1

SR,

Agreed. The contagion is only relevant to those holding bonds that they are losing money on, so a few banks and institutions might lose a bit of money, but that is normal and it'll get absorbed by the big profits they have been making. That's the whole point of UK and EU forcing banks to have enough cash behind them to avert contagions like the SVB issue.

QFI may not need any cash, as Morocco just needs to go to a commercial supply agreement and then it has good revenues. If it wants to top up cash after that, it will have loads of options for funding, as the risk level will plummet.

BB,

Nice! Sounds like AFC are gearing up big time.

Nejc

The first Ammonia ready ship was delivered over a year ago.
https://www.offshore-energy.biz/worlds-first-ammonia-ready-vessel-delivered/

Then there's this one:
https://www.rivieramm.com/news-content-hub/news-content-hub/mol-and-mitsui-win-aip-for-ammonia-powered-bulk-carrier-74739

There's a few others on the build too. VARD have a design for a Fuel Cell powered coaster that runs on cracked Ammonia.

MAN, Wastrila etc are redesigning engines to run on Ammonia or a blend including Ammonia.

So the designs are already out there.

However, Ammonia and Methanol are not going to displace MSAR and bioMSAR in container shipping for a couple of decades, due to the lack of global bunkering for those fuels.

Interim results last year were announced on 28 March, and in 2021 on 29 March.

Going by the update on 23 February, the Morocco trial should definitely have started but might not be completed by month end, although it's quite possible that one of the fuels will have completed it's trial I'm thinking maybe not, and certainly not both, as QFI said ".... the Company is now finalising the trial schedule with the client and anticipates fuel trials to commence prior to the end of Q1 2023", end of Q1 being the end of March of course, so may not start until close to the results date, unless the client can/will fast track them.

MSC trial would be progressing on several fronts. Just because the ship is not in dock for the work needed, does not stop the many other work streams from progressing.

Utah, TOM have extended their deal deadline to 31 March (a shorter extension than previous one's suggesting the deal is very close to sign-off), so there could be good news on that front close to the results (or hopefully a lot sooner).

Other projects have probably not moved much since the business update of 16 January, but there could always be a surprise.

Not forgetting:

New lease agreement signed with Taylor Woodrow, civil engineering division of global contractor Vinci Construction UK, for H-Power Tower deployment in Bedfordshire alongside National Grid site

New lease agreement signed with Colas Rail for H-Power Tower deployment on the Signaling Framework contract at the Gloucester Area Life Extension Project

Growing order book supported by increase in customer proposals

The H-Power Tower deployments to date, coupled with a growing pipeline of deployments contracted for 2023, highlights the clear role hydrogen is set to play in supporting the decarbonisation of hard to abate industries such as construction.

https://www.investegate.co.uk/afc-energy-plc/rns/h-power-tower-deployment-update/202303090700043564S/

And:

Feedback from customers such as Acciona, Kier Group, Keltbray and Mace-Dragados has been good, says the broker, while Vinci-arm Taylor Woodrow and Colas are among new customers.

Like Acciona, Vinci could be a particularly important relationship for AFC Energy, given its size and scale, adds Peel Hunt.

AFC Energy also expects to achieve a major reduction in system capital cost over the coming months hence Peel Hunt is maintaining a buy rating and target price of 195p.

https://www.proactiveinvestors.co.uk/companies/news/1008596/afc-energy-getting-good-feedback-for-hydrogen-generator-says-peel-hunt-1008596.html

BB3,

The con men must think everyone here is stupid enough to believe their deliberate misinformation (which is market abuse by the way), lies and distortions.

I recollect 4 Power Tower systems being deployed.

Acciona
Keltbray
Kier
Mace

The con men know this too, but post misinformation in the hope of putting off potential investors in AFC.

BB3,

I posted asking the sham poster why they deleted their account and posts, and to explain how their English miraculously improved dramatically on their new login. I suggested they had their posting history deleted so that nobody could compare their new improved English posts with their old Germanic bad English posts. I also said I believed they were not the same person posting, based on the huge difference in the quality of their English between old and new logins.

I had 2 or 3 posts deleted within 5 minutes of posting.

Thanks for those Sanderos.

This is exactly what BO (Lets just call them that, as they stink!) have done with PLL and by proxy done to ALL. They chose two licenses that are not part of the Ewoyaa project and claimed that these two licences would prevent the Ewoyaa project going ahead, when they knew that the two licenses were not part of the Ewoyaa project and therefore would not stop the Ewoyaa project from going ahead. Blatant misinformation and market manipulation.

Nejc,

There are no issues with Ammonia that are not already dealt with in the industries that currently use huge amounts of Ammonia, such as fertilizer and petrochemicals.

https://www.emsa.europa.eu/publications/item/4833-potential-of-ammonia-as-fuel-in-shipping.html

The only sensible way to use Methanol is to buy certified green Methanol (zero carbon) and put it through Fuel Cells so that the efficiency is way higher, making up a lot of the difference in fuel volume.

Ammonia is the better option over Methanol and will win out between the two.

LL

And some like Mr008 repeating the same garbage over and over as if trying to brainwash everyone into believing their is sone substance in the scum shorters claims, when ALL, PLL and Ghana Government have stated that there is none, plus the fact that THE LICENCES IN QUESTION ARE NOT PARTR OF THE ALL + PLL EWOYAA PROJECT SO HAVE ZERO IMPACT ON THE PROJECT.

LL,

But the damage has been done, it is visible in the share price fall of ALL (which was not being shorted by the scum, so therefore was a fall caused by what was claimed).

The fact that PLL, ALL, and the Ghana Government had to make announcements declaring the claims as false, indicates to any court that the note had impacted the reputation of all 3 with each other and with each one's stakeholders.

Precisely why PLL and ALL will IMVHO pursue a reputational damages case in USA courts (which could bring them $millions in damages).

The disclaimer is not relevant in a USA court case for reputational damage, and that is what I expect PLL and ALL to pursue.

This is also another distraction from the recent Power Tower news, where multiple systems are going out on COMMRCIAL LEASE (SALES!!) and there is a pipeline of orders too.

The results RNS will be out soon, with no doubt an update on the S Series, either as a separate RNS or an update in with the results.

Extreme E needing a more flexible system for this season to cover the entire site, does not detract from the value the series gave to AFC and Extreme E for multiple seasons. AFC were not in a position to offer Extreme E a system that big and complex in time for this season, simple as that. But having done multiple seasons and got LOADS of global publicity, AFC do not need it, as it will already have loads of validated (meaning serious intention to buy) clients lined up.

Acciona and ABB will fully understand why Extreme E took a bigger system that AFC could not provide, and it will make absolutely no difference to their plans with AFC, as big companies are not going to throw their toys out of the pram like the sham login would like people to think.

Roll on Power Tower sales and S Series 100kW and 200kW. Ignore the garbage spouted by the sham login.

As others have done, I have also now filtered the sham login Desertwolf01.

It's clearly not the same person posting now that posted in really bad English under Desertwolfch before getting that login and all its posts deleted, the English is far too good, hence the need to delete all old posts to remove any chance of comparison.

So who is it? The person that was paying Derek to bash AFC 24/7 for years? The new paid basher replacing Derek? A gang of bashers using one login? Who knows! Who cares, just filter the sham!

That deal was worth 'around $37.4 million'.

Worth a listen.

https://www.youtube.com/watch?v=wrxjWb5N55E

PLL and ALL have a huge open and shut case against the shorting scum, a case of reputational damage. Plus a claim against any profit that they would have made on their short.

They are factually incorrect in claiming that ALL would not get it's licence due to the two licences from Joy being revoked, when those licences are not in the Ewoyaa project.

By virtue of the above, they are subsequently factually incorrect to claim that PLL would have no feedstock due to ALL having no mining licence.

That is two massive incorrect claims, and they know it, they know they were lying to the market in order to make their short pay off.

How about I remind you that the shorting scum allegations are based on licences that have NO RELEVANCE to the Ewoyaa project that PLL invested in.

If, and it's a massive IF, the Government revoked those two licences, it would not affect ALL or PLL one iota, as those are not part of the project.

"The Joy Transporters licences do not form part of the Company's defined resources and are excluded from the Company's Mining Licence application for the Ewoyaa Lithium Project."