Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I have been here for only a short time. I invested because the technoloy seems to fit what is hapening across the world. However the chat reminds me of a lesson learned over many decades. Technology companies run by their founding engineer rarely seem to succeed. Examples that come to mind include .Sinclaire (great computers and the ridiculous C5 'car' ) Probably Tesla, Ionica ( microwave phone system). On the other hand, you occasionally get a Dyson.
As one who is familiar with traditional capacitors, I am interested to know how many farads would hold the same energy as, say, an ordinary starter battery, let alone a drive train battery For me, 500 micro farads was very large! Anyone ?
Just reviewed the AGM presentation. it all sounds very exciting. but my experience is that AFC never deliver on wat they say. I will stay to see what happens in Q4 with the planned ev charger demos. If these don't happen, I think I will finally give up on this company .
As a LTH ~I imagine there must be many here who, like me, saw their investment grow to a huge paper profit. The fact that I failed to take it wile it was there was my own misjudgement. I would like to blame someone else, but the reality is that the opportunity of a lifetime must be taken during the lifetime of the opportunity. For those who came in at the top end, I know how that feels. I have been there elsewhere. Looking back at the SP when we had nothing but prospects makes me think that we must now be worth quite a lot more than the current SP.
I have said it before and I make no apology for saying it again, in the present green climate, AFC are looking at an open goal in terms of getting wall to wall press coverage. Relevant publications are always hungry for newsworthy stories, and at the moment it doesn't come any more newsworthy than fuel cells and their like. Why isn't it happening?
A hydrogen powered electric vehicle charger developed by AFC Energy plc provides off grid charging without the need to store on-site hydrogen. Instead, hydrogen is cracked' from liquified ammonia stored within the unit. This technique overcomes the technical difficulties and high cost of storing on the spot hydrogen, which is needed to power the built-in fuel cell. In contrast with hydrogen, ammonia is easily liquified at normal temperatures with comparatively low compression. With millions of electric vehicles set to crash the national grid etc .etc…I guarantee that, not only would the FT use a news release like this. They would Jump at the chance. Telling their readers about things like this is what they DO!!
As a LTH I was always uncomfortable with JP's extraordinary hype. When I saw Winnifrith's reference to spinning plates this chimed with what my common sense was already telling me, so I got out in the 40s. That same common sense now tells me that what Sound have must be worth a lot more than8p. One way or another, I am convinced this will end up significantly higher than it is now.DYOR
In the following paper it says (P6)NH3 can be burned directly in an ICE. How come? NH3 is surely not combustible in air? Anyone explain please?
https://www.energy.gov/sites/prod/files/2015/01/f19/fcto_nh3_h2_storage_white_paper_2006.pdf
I understand the UK is to massively increase the number of wind turbines. These will intermittently generate vast amounts of surplus energy. Fast response lectrolysis would seem to be the perfect mechanism to capture this. As an ITM shareholder, I like it!
I asked myself also why not use H2 to directly fuel an internal combustion engine. I understand that when H2 is burned at high temperatures it results in the production of polluting nitrogen oxides. Presumably from the oxygen and nitrogen in the atmosphere. Would be interesting to hear from someone with proper knowledge. There is also the question of poor engine efficiency.
Reading this board, one thing is clear: A great many of us have been into huge paper profits, myself included, and then failed to take them. So whose fault is that? We should have reminded ourselves that if it sounds too good to be true... etc .No good blaming anyone else. I'm afraid