Member Info for haggismchaggis1

I would definitely describe today's trading update as 'an uodate', not just a rerun of what we knew already.

Snork
Member Since
18th Oct 2022
Posts 17
Posts - ALL on AFC, all dubious

https://www.lse.co.uk/profiles/snork/

Snork,

Another baseless claim to add to the thousands on here "it said nothing that wasn't in AFC's RNSs etc" what an absolute load of garbage that is. Are you another of Ade's multiple logins?

No RNS or info AFC have EVER published has stated the cost of AFC systems vs PEM, NONE, NADA, ZERO, ZILCH, SWEET FA.

Now I can see you are just another troll, on filter you go!!

Electrolysers produce 99.999% purity Hydrogen. We don't want that expensive stuff, just give us Ammonia or Methanol and we'll make our own cheap Hydrogen on site.

9 minutes 43 seconds on the video.

https://www.youtube.com/watch?v=WnsFwQnMV0s&t=583s

Using AFC's cost data. 25000 hours of an AFC system with Ammonia Cracker and Ammonia fuel, the Total Cost of Ownership is approximately 1/4 of the cost of PEM running on 99.999% purity Hydrogen, for the same 100kW output.

That certainly resolves the question of how much cheaper an AFC system is, versus PEM.

Peel Hunt initiation of coverage for AFC Energy from March.
https://www.youtube.com/watch?v=WnsFwQnMV0s

Qatar playing Senegal is sure to be a lot more entertaining, unless JM has been learning magic tricks, or something.

The AGM however, will be far more educational and informative, especially to QFI shareholders, not so much to Qatar or Senegal supporters like HF14.

The perfect solution for HF14 is to put the match on, mute it and listen to the QFI stream.

Another thing is that AFC systems will be different prices to different clients, because they all include different levels of project management and deliverables. Clients are not buying a can of beans off a supermarket shelf, with a known price tag attached, they are paying AFC to help them work out what systems fit where in their huge businesses, which is chargeable project time for AFC staff. Then we get to the financing of the final deal, which can take many forms (cash, lease, lease purchase, hire purchase, fuel supply included or not, maintenance, level of support, etc), which all makes it very difficult to work out how prices compare to other companies.

I am very happy knowing that the AFC systems do not include PGM's or have only a tiny amount which is far less than competitors. I'm also very happy knowing that the low grades of Hydrogen that AFC can use, are way cheaper than the 99.999% scientific grade that competitors systems require. These two alone make the TCO way cheaper over the life of the system, before we even start looking at AFC's low manufacturing costs, and having the ability to just swap out cartridges and recycle them to recover the catalyst metals and hardware, etc.

I wonder where the Peel Hunt target will go when AFC announce the completed, tested, and delivered or soon to be delivered ABB 100kW system, due for delivery before year end (to receive a £1m milestone payment from ABB, HUGE incentive to hit the target).

Snork,

Kindly post the prices of Geopura, they have been selling for years but you won't find their prices anywhere, just like you won't find AFC's. If you can't find Geopura's prices, then you can't compare to AFC's prices even if you had them in your hand today.

The £4m for the ABB order is not reflective of manufacturing what AFC will deliver to ABB, as it includes significant R&D costs that ABB were willing to pay out in order to get the S Series 100kW and 200kW systems delivered a year ahead of AFC's internal plans.

Another thing that is good about tomorrow is we get the presentation from QFI on the Investor Meet Company video stream, where shareholders can ask their questions. This has in the past led to many investor concerns being assuaged and a few hints dropped by QFI (without stating anything that could be construed as a breach of the rules and regulations). This again can increase the bullishness of investors, despite not being an RNS of big news.

Oh, and last year was not the only year, here is the 2020 AGM statement and update:

Scroll down to "2020 Overview and Update"

https://www.investegate.co.uk/quadrise-fuels-intnl/rns/agm-statement/202011270700026960G/

Tomorrow will bring a trading update same as last year. It's obvious that they cannot schedule in price sensitive news as that would breach the listing/FCA rules and regulations, but they CAN give us an update of information that we have been waiting for, information that will keep investors confident and may even increase that confidence, leading to increased buying of the stock, based on speculation that the real price sensitive news is very close. The opposite, of course, is also possible, but I think most are expecting a bullish update on progress with Morocco, MSC, and possibly more.

Just look at last year's AGM RNS, scroll down to the section entitled "2021 Overview and Update" and read through that to get an idea of what might be said tomorrow at 7am.

https://www.investegate.co.uk/quadrise-fuels-intnl/rns/agm-statement/202111260700066653T/

Happens every year but is also getting worse in recent years due to climate change.

From HS2 press release on the Power Tower yesterday:

"HS2 is also collaborating with the Construction Leadership Council to develop a Zero Diesel Site route map. The plan is currently out for consultation until 3rd December 2022 and the construction industry is being invited to provide feedback."

Helikon are very determined or desperate, they keep increasing their short, as can be seen in the history for the stock.

Helikon Investments Limited 1.94% 22/11/2022
Helikon Investments Limited 1.84% 18/11/2022
Helikon Investments Limited 1.75% 17/11/2022
Helikon Investments Limited 1.64% 16/11/2022
Helikon Investments Limited 1.51% 15/11/2022
Helikon Investments Limited 1.43% 14/11/2022
Helikon Investments Limited 1.21% 10/11/2022
Helikon Investments Limited 1.10% 09/11/2022
Helikon Investments Limited 1.04% 08/11/2022
Helikon Investments Limited 0.90% 04/11/2022
Helikon Investments Limited 0.82% 03/11/2022
Helikon Investments Limited 0.74% 02/11/2022
Helikon Investments Limited 0.51% 26/10/2022

All current shorts as of tonight's report:
BennBridge Ltd 0.53% 14/09/2022
BlackRock Investment Management (UK) Limited 1.06% 01/11/2022
Citadel Advisors LLC 0.57% 18/11/2022
Ennismore Fund Management Limited 0.60% 16/11/2022
Helikon Investments Limited 1.94% 22/11/2022
Kairos Investment Management Limited 0.90% 17/11/2022

https://www.fca.org.uk/publication/data/short-positions-daily-update.xlsx

Post-AGM Investor Update and Q&A
25th Nov 2022 at 12:15pm GMT
"You can pre-submit questions directly to the company up until the day before the meeting, in addition to asking questions during the live presentation. Whilst the Company may not be in a position to answer every question it receives, it will address the most prominent within the confines of information already disclosed to the market."
https://www.investormeetcompany.com/investor/meeting/post-agm-investor-update-and-qa

Sign-up is free.
You can join the meeting on the day or stream it later on.
You can read all of the Q&A in a transcript a couple of days after the meeting.

Get your questions in now so that QFI can answer them, so that we do not end up with the usual run of pointless questions on here after the meeting has finished!

Many discussions on here have questioned how low a purity Hydrogen AFC's Fuel Cells can accept. Now we have the definitive facts direct from AFC, and it's way below any figure I've seen posted on here, at 75% purity (very very dirty Hydrogen, dirt cheap stuff and definitely no gas clean up with Ammonia Cracking).

"AFC Energy’s patented Alkaline Fuel Cell affords the flexibility of using low grade, cheaper hydrogen streams (in some cases measured AS LOW AS 75% when cracking ammonia)"

https://www.annualreports.com/HostedData/AnnualReportArchive/a/LSE_AFC_2020.pdf

"AFC Energy is the leading provider of Alkaline Fuel Cell systems for the generation of clean energy, offering best in class performance and LOWEST operating cost as part of global efforts to decarbonise industry."

"Hydrogen is an important and abundant carrier of energy whose conversion into electricity through a fuel cell dates back over 100 years. The fuel cell sector and hydrogen economy has been challenged on four key fronts to bring this clean energy vector to market:

• A lack of understanding of how to harness hydrogen effectively to deliver clean energy;
• an historical lack of a cost-effective distribution system;
• the purity of hydrogen necessary for effective fuel cell operation is often measured as Ultra-Pure Scientific Grade (99.999% H2) and comes at a significant price; and
• the high use of precious metals in the fuel cell electrode has often made for a very expensive catalytic conversion of hydrogen into electricity.

Each of these characteristics directly affects the affordability of power produced from hydrogen. The AFC Energy system SUCCESSFULLY addresses these issues, translating into one of the LOWEST cost fuel cells in the market today.

AFC Energy’s patented Alkaline Fuel Cell affords the flexibility of using low grade, cheaper hydrogen streams (in some cases measured AS LOW AS 75% when cracking ammonia) with the opportunity to DISPLACE precious metals either ENTIRELY or to a greater extent than alternative low temperature fuel cells in the market today. Critically, this can all be achieved without a loss in either performance or efficiency"

https://www.annualreports.com/HostedData/AnnualReportArchive/a/LSE_AFC_2020.pdf

Snork,

You are dreaming obviously.

The figures for price are CONFIDENTIAL and you should already know that you will NEVER know what the prices are, not for AFC systems or Geopura systems, so best stop worrying about it, because your ONLY option is and forever will be, to take it for granted.