Member Info for nojhead

Stock - probably not too far off based on the numbers but i think the statement " enabling customers to achieve both FINANCIAL and environmental SAVINGS"

being interpreted to mean the unit is the same price as a diesel Genny is a misnomer.

- the service to the customer is for the hire of the unit, not the purchase, the hire rate is set based on the price of the unit, life expectancy and maintenance costs.

the unit could cost 50% more to purchase but have low maintenance meaning cost is lower there.

it could be identical in terms of the per week hire but have better cost/unit energy meaning a saving due to fuel.

i dont think we can read too much into unit costs at the moment with limited information still - the take home here is that the customer will pay less = a great and growing demand. and 4.7million is a good amount of units no matter how you skin the cat (even if per unit is £25k its still a lot of units sold bringing in continuous hire revenue)

plus RNS mentioned AFC have agreed to supply the JV with hydrogen fuel - money directly to our pocket not the JV.

with enough ammonia crackers and methanol reformers we could be an early BP of the hydrogen fuel world (okay maybe that one is a little optimistic speculation but sounds good to me)

If you have been invested since 2012 and didn't take any profit on the many opportunities then it isn't patience you have - its stubbornness and greed always thinking the only way it will ever go is up.

but it isn't 2012, its 2023 and things look good.

Cash reserve was mentioned in the RNS - its healthy no cash rise needed in near future.

Daz, their are multiple ways of thinking about any uncertainty in his responses - the first you mentioned "Is this the biggest deal for AFC this year ?" - he stated its the biggest one so far but i assume you, like the interviewer were probing for future news. if AB knew of anything which could be bigger still subject to negotiations he couldn't say "No" without an RNS or he would be open to scrutiny from the FCA. likewise if he said "yes" it would be a disservice to any potential partners they are negotiating with. they would have to first publish an RNS to state that a possible order is coming before he could ethically say anything.

personally i just see it that the JV is up and running, confirmed funding of initial investment is 50:50. confirmed AFC are supplying the hydrogen for the JV (given the ammonia cracker and methanol reformer hydrogen production could be a good earner for us)

I'm also reassured that the per unit costs to purchase and run must be reasonable - otherwise this would be doomed to fail and speedy would have never cemented the JV agreement. the fact the JV is running eases most of the concerns i had from any ambiguity in pricing and generation costs.

Disagree - i would support a pay cut but even if i thought he was doing awful its completely the wrong time for that unless you are only interested in tanking the SP

Daz- I dispute only that the article ADE mentioned, included nothing at all regarding dilution (basically pointing out he performed another easily verifiable lie hoping everyone else is as lazy as he is to not check)

But since you ask-I’m not disputing that it’s possible- certainly it is, but it is by no means a guarantee given our current cash balance.

Cash burn is high but frankly I would be worried if it wasn’t at this stage. setting up to transfer from small scale R&D manufacturing to full scale production line which ensures good QC obviously requires huge cost.

costs for bulk orders of components to enable the manufacturing (though this is I admit pure speculation I suspect that is a large part of the cash burn, as it makes the most sense to me given the £15-20m a year burn and only approximately £4-5m is salary’s)

If manufacturing is set up sufficiently in time- cash burn would drop and revenue could start - no dilution required

The only way to know how likely that is would be to look at the manufacturing experience in the team, but turnover is quite high as I understand it so likely a pointless act as it may change in a few months.

But high turnover of staff at this snapshot in time also isn’t inherently a bad sign depending on who is leaving, they could be removing some of the R&D focus to bring in manufacturing.

As for bonds communication I would like more myself but from his perspective I can see why he would be hesitant.

the SP had a few false starts due to shareholder excitement on (honestly) rather mundane news.

This is an exciting time where the same happening again is a distinct possibility, about if a spike based on speculation were to happen now then a likely fall in SP would come on the back of it as we are still a number of months away from large orders (in my opinion). A dip could land exactly where they don’t want the SP to be low (if indeed another fund raise was needed). It would also lead to a lot more disgruntled shareholders who buy in due to FOMO and end up caught in a dip.

Again Bonds number one priority is the long term success of the company - that comes before anything else, but he is answerable to the shareholders- keeping a smaller percentage of disgruntled investors I’d better than multiplying them.

You referring to the motley fool one?

The one that mentions no such thing ?

Makes sense you didn’t read it that’s 6year old level reading and you are at a 3 year old level.

Stop pretending you can read and go get a hug from mommy- if she can stand being around a liar like you long enough.

For someone who spends all his time lying ADE you sure do accuse everyone else of it a lot.

does it belittle you when other people make money and you lose it?

does it make you a bigger man when you make money?

no to both if you are honest (which you aren't).

so why always talk about peoples trading history and when that fails you turn into a 12 year old and start comparing the size of your privates......cause you know that's what folks with "high iq" do now isn't it. Einstein definitely slapped it out onto Heisenberg's desk. (that was sarcasm by the way I'm not sure you would understand that so I wanted to be clear)

Take the hit, and move on, if you were a real man you would learn from your mistakes and not lie again the next time but we all know that's never going to happen. your ego is so fragile you need to just log off and go get the help you need to sort yourself out and find the love you clearly lack in your life.

Perhaps I’m missing something but I seem to recall seeing photos of the fuel tower in use- it’s also listed on the website as ready to purchase/lease:

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

It is commonly used in the us where I do most of my investing (uk im invested only in Rolls Royce, national grid and here)

But this is UK chat and I am indeed from the UK so I used the wrong word- I have no issue at all admitting I made an error, I said that from day one on here.

I hold my hands up to that and own it I won’t bullsh*t my way out of it and into a deeper hole like ADE would (and frequently does)

Git, fair point but it is a common terminology used by the majority of people and the meaning is clear.

As for the dig at my English no that certainly isn’t a strength, nor did I claim it to be. I even pointed out myself in earlier posts that I am dyslexic. If the best you can come at me for is poor grammar I’m perfectly fine with that so have at it.

Again the only reason I embarrassed ADE there was he claimed to have been an Oxford mathematics graduate which was another clear lie given the many basic math errors he throws out.

I don’t think you can say that you know anything, you don’t seem like you finished secondary school let alone uni. Only those with low iq brag about it.

So we adding fortune teller to your list of accomplishments? More believable than your maths degree where you studied “money” haha

Many massive company's go bankrupt. does that mean there is no point in anyone starting a business in the same field just because someone else failed? that's awfully silly logic

Melvin, the only one boasting about being bright here is on your side - ADE, the rest of us just want him to actually demonstrate some of his alleged intelligence for a change.

Who knew ade was a worker of the night, how else would he know such explicit details

Ade the proven liar - i assume that means you went to a primary school in oxford and used a crayon to write 4+2=19?

but how about i call your bluff, what would be an aplication of:

the wavelet transform?

mahalanobis distance?

Laplace transforms?

Fourier series

see i actually studied engineering heavily dependent upon math's. and i can back it up - i very much doubt you can, but i am actually eagerly awaiting the day you tell your first truth.

Ade -again lying or being willfully uninformed

once the JV is established the intent is for the JV to purchase a £2m bulk order of 30KW towers, Based on a 50:50 JV as per the RNS. so speedy pay £1M so not nothing.

but again that requires reading and math which you reliably prove is not a particular strength of yours.

Garonne - a ramper would be posting optimistic things daily come rain or shine, or days like today with no news

(you know like ADE and yourself do about mostly nothing to try and bash things as much as possible)

there are no out and out rampers here just people who disagree with you and believe the company has a good product, solid IP and a decent cash balance for where we currently are.

to be clear that doesnt mean £1 by xmas it just means that even if the shareprice does fall for a few more months, it will eventually rise again in all likelihood based on the information we currently have.

Oh look the shareprice went up so here come random people who love to bash the CEO for doing his job - that is looking out for the long term interests of the company, not short term shareholder profits. (AKA the folks who only ever post to back up ADE the liar who has about 20 accounts to make it seem like his opinion is popular)