Firering Strategic Minerals: From explorer to producer. Watch the video here.
Oh dear.. That was on my news feed today!
https://www.ft.com/content/c586475e-7260-11e9-bf5c-6eeb837566c5
By the way, AFC's website supposedly gets 7900 visits a month. We only need a handful of quality hits to convert into orders to get this ball rolling.
For all we know, we have had 500 website visits Daz???.. What about the several NDA's and MOU's.. These are more likely to equate to an order than a website visit.
PV3 and AFC are listed as project partners in the details of grant here
https://gow.epsrc.ukri.org/NGBOViewGrant.aspx?GrantRef=EP/T009233/1
I think it's great news despite the doom mongers comments. It looks like AFC have employed some experienced PEM sales staff to get us some orders...
"The Company has consolidated its membrane team with new recruits from a mixture of PEM fuel cell / engineering backgrounds and are building an expert team across the anion exchange membrane technology field, now reporting directly to the Company's Chief Operating Officer."
Was this the company they used to re-evaluate how many markets they could sell into once they realised the market for using industrial waste H2 was limited or unprofitable due to subsidies?
Oil companies will struggle to achieve their previous profits with the turnaround from fossil fuels to renewables. Some, if not all will need to diversify to stay afloat. Is it possible that we may see a partner from a large oil company? Who knows.
https://www.bbc.co.uk/news/amp/business-53047894
True, its lacking in a few other options. Perhaps Tom could write a blog to address the issues.
https://energypost.eu/energy-conversion-for-hydrogen-cars-is-only-half-that-for-bevs/
Yes thanks BB, I was back to work 3 or 4 weeks ago after testing negative at one of the government testing sites... Strange thing is I still have a dry throat.
Sorry if it's been reposted but first time Ive seen it.. That may have been because I was very ill with Covid at the time it was published. Stuck in the bedroom for 14 days. 5 weeks I was off work for!
AFC Energy Operating with incredible capital efficiency say WH Ireland
WH Ireland (LON:WHI) Analyst Brendan Long caught up with ************* to discuss AFC Energy plc (LON:AFC) final results.
Q1: AFC Energy have recently published their final results, what were the key points you think investors should be aware of?
A1: Our broad take-away from the company’s final results is that the company is operating with incredible capital efficiency reflecting i) AFC Energy’s strategy to partner with key equipment manufacturers vs. making heavy capital investments in manufacturing ii) capital discipline in respect of administrative expenses and iii) R&D tax credits. The cash burn from operational and investment activities amounted to £3.5M in the 2019 financial year, which compares to £4.1M in the prior year, which is impressive given the considerable investments and progress made by the company. AFC is pre-revenue so we have focused on cash flow changes.
Q2: Brendan, has this changed your forecast in anyway?
A2: No, the financial results haven’t changed our forecasts. However, we used the opportunity to normalise the discount rate applied in our long-term DCF model from the punitive rate of 12% to 10%. We believe this is appropriate because we see i) material investor interest in the sector evidenced by strong relative stock market performances of AFC Energy and Ceres Power and ii) increased media and investor attention focusing on the need for off-grid charging of electric vehicles in order to meet government targets due to limitations of electrical distribution networks. Changing the discount rate has increased our valuation.
WH Ireland is a financial services company offering Private Wealth Management, Wealth Planning and Corporate Broking services. The Private Wealth arm provides discretionary and managed advisory services to individuals, corporates, trusts and funds.
Nope
Try this
www.*************.net/afc-energy-operating-with-incredible-capital-efficiency-say-wh-ireland/
https://www.***************************/afc-energy-operating-with-incredible-capital-efficiency-say-wh-ireland/412807520
Smug is good too, as he knows, he knows much more than we know!
I believe the link is
https://gow.epsrc.ukri.org/NGBOViewGrant.aspx?GrantRef=EP/T009233/1
Sector rise