Member Info for haggismchaggis1

WD-40 = another moron for the filter. Suggest you stop sniffing the WD-40, it's making you delusional.

ABB news:

"ABB has unveiled the charging technology it will use for Season 9 of the ABB FIA Formula E World Championship, when the company takes on its new role within the series as official charging supplier."
https://www.fiaformulae.com/en/news/10816/abb-unveils-mobile-fast-charger-for-season-9

As ABB are to be "official charging supplier" they are in the right place to get Formula E switched to AFC powered chargers in the future, using Green Ammonia for a CO2 neutral racing series.

I'm not expecting that to happen overnight obviously, especially as the new season hasn't started yet and will run for the year, but there is clearly scope for it in subsequent seasons, instead of using Glycerine in gensets which still has emissions.

It's this simple, it's called a 'product range', it's something for everyone. AFC do not have limits, they can make any size that the client wants, including a bespoke size, because they designed the systems and can alter those designs themselves.

https://www.afcenergy.com/our-offering/technology-products

Telecom,

Well spotted! Thanks for sharing!

"We and ACCIONA are pleased with the results, and believe the trial is an important step forward in demonstrating to construction and temporary power sectors around the world what's possible for the future. Our 'flex fuel' approach will meet the industry need for low cost on-site hydrogen production using hydrogen carrier fuels. It opens up potential for many off-grid locations where hydrogen is uneconomic to transport or store."

"The end-to-end process is made carbon neutral because green methanol was used, meaning there are no additional emissions of carbon dioxide."

Acciona certainly are serious!
"The methanol Fuel Tower will help enable us to overcome those challenges and fully utilise the potential for this technology across all of our construction sites."

Sales of Power Tower and Fuel Tower could drop any day now, then hold on to your hats.

prosciutto,

Anyone can come up with a list of garbage like that on any stock, usually its a stock basher that believes none of it, and just posts it in the hope of trashing the share price so they can get in cheap before the real action starts (drilling in March in AEX's case, possibly uplifting 3D results before that).

What you've produced is baseless claims and claims of fact where no fact exists, only fantasy and speculation (wild speculation at that).

Here's a classic piece of garbage:
"Cash flow from the production of gas transported to the Madimba gas processing plant within a year, is a pipedream."

AEX have NEVER claimed cash flow within a year, so it is a completely baseless pile of poo to claim it as 'a pipedream' when nobody has EVER claimed it would happen.

Tanz Gov't ARE building the pipeline so that first gas can start EARLY 2024 (which is clearly not 'within a year'), whilst ARA are going to drill the Chikumbi-1 well in March, so that first gas can start EARLY 2024 (which is clearly not 'within a year'). And AEX will not be paid for first gas until x months after gas is flowing commercially, because the Tanz Gov't do not pay for gas IN ADVANCE, they pay IN ARREARS. Hence neither AEX or ARA have ever claimed cash flow would start within a year.

And as for the garbage about ARA screwing AEX, I don't know what planet you're on, but if ARA wanted AEX or it's 25% it would have bought the company out before the placing, when it was valued at just £15m, instead of spending $35m on it's free carry. The fact ARA did not, should be a clear sign to anyone, that ARA are not trying to wreck AEX or take it over.

And AEX won't run out of money because "The board of Aminex has taken the strategic decision to seek funds at this stage to meet all of its forecasted running costs (before contingent liabilities) to the end of 2024", but first cash from gas will arrive before mid-2024. People only need to look at the cash level in June and the burn rate, to see that AEX has plenty of cash to last it out.

You've only been a member of this board for 1 month and only posted 5 posts, all on AEX. I'd say that was enough to raise suspicions regarding your agenda here.

Now that I'm totally bored with discussing your baseless conspiracy theories, on the filter you go, and hopefully everyone else will do the same.

If he was a good trader he wouldn't feel any need to be here wasting his life away, trying to convince himself that talking sheet about AFC 24/7 will somehow make his trades actually pay off.

Successful traders only spend a couple of hours a day max checking and setting up their trades, then get on with their lives, as the market does the work for them in a natural way.

It's obvious that certain people posting on here just want to buy at a lower price, and will post baseless claims, misinformation, disinformation, etc, just to try and talk the price down.

Well done Ufufuo for posting numerous detailed facts to give investors a realistic perspective and blow the above out of the water.

Any chance we can get a handle on this situation! :-D :-D

Moab,

In the absence of your ability to understand what you claim to have invested in, it is not a reasonable question at all. Don't blame AFC for your own lack of research and lack of knowledge on what AFC are doing as a company. If you want to be sarcastic about AFC, at lease learn enough about the company to make it a valid comment.

Check out the Fuelcell Energy announcement from last night.

"Under the Original Agreement, the Company has engaged in exclusive research and development efforts with EMTEC to evaluate and develop new and/or improved carbonate fuel cells to reduce carbon dioxide emissions from industrial and power sources"
https://www.marketscreener.com/quote/stock/FUELCELL-ENERGY-INC-58195415/news/FUELCELL-ENERGY-INC-Entry-into-a-Material-Definitive-Agreement-Financial-Statements-and-Exhibits-42582118/

"Electrolysis is an enabling technology for decoupling the production of industrial chemicals from fossil fuels and CO2 emissions. By combining electrolysis with low-carbon energy sources, water and CO2 can be converted into chemical feedstock with a minimal or even negative carbon footprint."
https://iopscience.iop.org/article/10.1149/1945-7111/ab7099

This field of technology is very interesting from an AFC perspective, as our guru at Surrey University, Dr John R Varcoe, has been working on CO2 Electrolysis to capture CO2, and he is using "Radiation Grafted Anion Exchange Membranes" to do it.

https://scholar.google.com/citations?view_op=view_citation&hl=en&user=NOxPp9QAAAAJ&sortby=pubdate&citation_for_view=NOxPp9QAAAAJ:mNrWkgRL2YcC

https://scholar.google.com/citations?view_op=view_citation&hl=en&user=NOxPp9QAAAAJ&sortby=pubdate&citation_for_view=NOxPp9QAAAAJ:DJbcl8HfkQkC

Alkamem is his "Radiation Grafted Anion Exchange Membrane", as per AFC project that has been running since 2020.
https://gow.epsrc.ukri.org/NGBOViewGrant.aspx?GrantRef=EP/T009233/1

AFC have also been working on Electrolysis using Alkamem.
"During the past six months, work has continued with independent institutions to validate the performance of AFC Energy's AlkaMem membrane in water electrolyser formats. The results have been very encouraging and whilst not an immediate priority for the Company, the membrane in electrolyser format clearly affords value creation opportunities beyond the immediate corporate focus of fuel cell system deployment. "
https://www.investegate.co.uk/afc-energy-plc/rns/interim-results/202206290700085510Q/

Thus we should view CO2 Electrolysis as another potential use of Alkamem.

"Waddock Cross is currently shut-in. Independent reservoir modelling has shown that a new horizontal well on the field could yield commercial oil production (500-800 bopd). Given the significant mean in-place oil volume of c. 57 million barrels, this asset has been high graded by Egdon for redevelopment."

Still 12 days of 2022 left for ABB delivery. Still 7 trading days for an RNS on ABB delivery and a year end operational update. (both durations include the rest of today, obviously).

Still 6 trading days for an RNS on either Morocco trials and/or Wartsila test results. Still 12 days for things to happen.

Moab,

I suggest you sit down an think about that, the answers are easy enough to come up with if you know what AFC are doing, nobody should need to tell you.

Seg,

If you actually believe what anyone tells you on here what their job is, more fool you.

You are the one spouting, pot kettle black.

Not that I'm bothered by your spouting, that is why there is a filter option on here, and now you are gone.

The dimwit forgot to finish the title, it should say:

When ABB Drop AFC a £1m Milestone Payment For a Completed 100kW System

OliviaOil,

Today I bought into all three. This spreads the risk and also covers the other projects each of these companies has on top of Wressle.

I can see a time in the future (how far off is up to each person to decide themselves, but I'd be happy with 12-24 months), where each of these companies passes a £50m valuation. Yes some will multiply more than others, but the other projects could propel any of them much higher, hence spread the investment and make a very good average of profit across the three, and if one goes ballistic on another project then take profit on that one and carry on with the other two.

Some people are way ahead of the curve, but the curve catches up eventually if the prediction is based on sound calculations and foresight. I bought in today as I see the MCap as really cheap based on profitability, cash level and growth in those. If it goes to £1 in 2 years or less, I'll be well happy with that.

Klunk,

Thanks for the heads up!

If it gets delivered to Tuscany (or just has been) all good, if it goes to Estonia (or just has been) all good. Either way we get an RNS and AFC get the £1m milestone payment they've been planning to secure for a year.

Klunk,

Because Estonia is where they have the EV Charger factory to integrate it with their own kit. That is why the L Series was sent there. It's not an assumption, it's a logical conclusion based on the evidence. It is destined for 'high power e-Mobility charging', same as the L Series was.

"ABB orders first AFC Energy "S" Series fuel cell system for high power e-Mobility charging with a total contract value of £4m"