My issue with Afc,26 Jan 2020 16:12
First of all it’s not the tech, second it’s not their aim, third it’s not their lack of ability or drive.
Afc Energy has the potential. Massive potential which everyone is aware of, that’s why people are happy to throw millions at it. They have all the right people with the best experience we could hope for and connections in the industry. Testing and research we have 10+ years of it, so no issues there.
My issue is we are a fuel cell company with 10+ years of research, design and testing and still haven’t perfected a stack. Everything else is an add on. Like building a superior engine then having different body’s or applications for it.
My second issue is then being told MULTIPLE TIMES, which is all in black and white over the last 5 years by Adam including interviews. We are on the cusp of going commercial , the big push into the market. Every Year since 2015 at least. This is what is so aggravating and I suspect for a lot of long term holders like myself.
When I first invested it Was really a punt into a research company, as the years have passed and the tech has advanced and I’ve ‘funded’ on the promise of progression to commercialisation , we’re are we now? Going around and around. No better with communication which we have been asking for for 5 years and Adam said in his first news letter as CEO. He Knew it was an issue and stated to resolve it.
We don’t have our engine..... But we might be able to sell some parts"