Member Info for Piller2post

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Future ventures.
Just one of the potential markets for Afc is Africa. As well as supplying much needed power we have the water too. Parts of the country cannot keep up with electricity demands. The scope is massive, few snippets from a recent article.

Electricity consumption and economic development are closely linked; growth will not happen without a step change in the power sector.

We project that sub-Saharan Africa will consume nearly 1,600 terawatt hours by 2040, four times what was used in 2010. That forecast is based on a number of important factors, including a fivefold increase in GDP, a doubling of population, electricity-access levels reaching more than 70 percent by 2040, and increased urbanization. By 2040, sub-Saharan Africa will consume as much electricity as India and Latin America combined did in 2010.
If every country builds what it needs, we estimate that the region would require about $490 billion of capital for new generating capacity, plus another $345 billion for transmission and distribution.
We know there will be demand. What about supply? Sub-Saharan Africa is incredibly rich in potential power-generation capacity. Excluding solar, we estimate there is 1.2 terawatts of capacity; including solar, there is a staggering 10 terawatts of potential capacity or more. There is potential for about 400 gigawatts of gas-generated power, with Mozambique, Nigeria, and Tanzania alone representing 60 percent of the total capacity; about 350 gigawatts of hydro, with the Democratic Republic of the Congo (DRC) accounting for 50 percent; about 300 gigawatts of coal capacity, with Botswana, Mozambique, and South Africa representing 95 percent of this; and 109 gigawatts of wind capacity, although it is relatively expensive compared with other sources. The proven geothermal resource potential is only 15 gigawatts, but this is an important technology for Ethiopia and Kenya, which hold 80 percent of it.
https://www.mckinsey.com/industries/electric-power-and-natural-gas/our-insights/powering-africa

Seems someone is after a few shares too. Only a few buys and it’s pushed up 10%

Thanks mucksy, seems one hell of a lot of shares to sell.

After being in this for years I don’t understand why we can have days of buying millions with very little sells an hardly any movement. Have Afc had a fund raise issuing more shares and were waiting for the rns? This has moved waaay more than this before on less than half the amount of trades. Just abit baffled. Cheers for any info.

Funny that, just watched the sky interview on twitter for that. Claiming a world first too. How dare they lol.

Was wondering who this oem engineering firm could possibly be and found an interesting article with Siemens on a new project which has recently had funding. This could tie in well with Afc . Bit of speculation I know.

STFC Mechanical Engineer Tristan Davenne said: “The funding received from this BEIS Hydrogen Supply Competition has allowed STFC to draw on multi-disciplinary expertise in catalysis and mechanical engineering to design a novel and efficient ammonia cracker. This can be integrated with the green ammonia plant and used to demonstrate the production of green hydrogen from ammonia.”

The project is looking at using a highly efficient and scalable cracking of ammonia, splitting it into nitrogen and hydrogen. Hydrogen can then be used as a completely carbon-free and practical bulk energy source. The storage and distribution of ammonia are well-established, mature practices with well-established and mature supply chains.

https://www.wired-gov.net/wg/news.nsf/articles/STFC+partnership+secures+250000+funding+for+green+hydrogen+research+08102019132000?open

Gotta move soon all those 100k buys.

Looks different to me. Has a better flow and easier to use. Or am I seeing things?

https://interestingengineering.com/video/this-olympic-swimmer-ran-in-a-bubble-of-hydrogen-car-emissions

Brussels, 10 October 2019 – The European Automobile Manufacturers’ Association (ACEA), Hydrogen Europe (HE) and the International Road Transport Union (IRU) are jointly calling on European policy makers to ramp up investments in EU-wide hydrogen refuelling infrastructure for fuel cell electric vehicles.

Fuel cell vehicles can contribute positively to the overall decarbonisation agenda of the EU. With zero tailpipe emissions, they help reduce CO2 from road transport while improving air quality for European citizens. Advantages of hydrogen technology include short refuelling time and a long driving range, as well as a vehicle weight and load-carrying capacity that are comparable to conventional vehicles.
strategic plan for the pan-European deployment of infrastructure for fuel cell vehicles needs to be put in place, which also has to take into account the specific requirements of trucks, such as large storage capacities and strategic locations (eg logistic centres).

European industry players are at the forefront of hydrogen and fuel cell technologies, and future policies at national and European level should confirm this leadership.

“Along with other alternatively-powered vehicles, fuel cell vehicles hold a strong potential to help make the transition to zero-emission mobility,” stated ACEA’s Director General, Eric-Mark Huitema during the signing ceremony. “But their ability to reach this potential depends on a network of hydrogen refuelling stations being built up right across Europe. Today, there are just 125 hydrogen stations in the EU, so there is much work to be done in the coming year

https://hydrogeneurope.eu/news/fuel-cell-vehicles-eu-must-act-build-much-needed-hydrogen-infrastructure

Someone is still pluggin away with 10k buys. We will come good soon, just wish my other shares would pick up so I could sell a few and invest abit more in here.

Hmmmm

https://simplywall.st/stocks/gb/capital-goods/aim-afc/afc-energy-shares/news/how-much-is-afc-energy-plcs-lonafc-ceo-getting-paid/

Financial Results: Sales were lower in the first half of 2019 at £269k compared to the first half 2018 sales figure of £506k, which included delivery in the first half of 2018 of an additional order from Deutsche Bahnbau in line with the cooperation agreement signed in 2015. Excluding the impact of the embedded derivative together with exchange losses, the operating loss in the first half of 2019 was £2,750k vs. £2,193k in the first half of 2018 which is in line with our budgeted expectations.

Certain elements of accrued interest on the loan financing to the group is convertible to equity at a predetermined price per share. According to IFRS 9 this convertible interest is regarded as an embedded derivative, which must be valued at fair value with the resulting valuation movement being passed through the Profit and Loss statement. This valuation is carried out by an external independent valuation appraiser. Due to the substantial increase in the share price as at 30 June 2019 in comparison to 31 December 2018 the fair value charge to the Profit and Loss for the first half of 2019 amounts to £ 332.9m compared to the annual charge of £19.9m for 2018. This charge is non-operational and does not represent any payment obligation.



· Due to the volume of incoming orders in the first half of 2019, the company has an order backlog at sales value of £5.1m, including ongoing 8 years of warranty income.



· Cash burn from operating activities has increased during the period to £2,945k vs. £1,029k in the first half of 2018. Cash flow is our key financial performance target and our objective is to achieve a positive cash flow in the shortest time possible. Current contracts are quoted with up-front payments reducing reliance on working capital as we continue to invest in our manufacturing capability. The cash position at 30 June 2019 was £930k vs. £841k at 30 June 2018.

Company history:

In the expansion, realignment and constant development of its core technologies, Proton Power has consistently demonstrated deep market awareness. Proton Power has survived in the CleanTech Fuel Cell technology business when many companies failed in 2008 following the financial crash. In terms of technology design, Proton Power's CleanTech technology has always remained true to its vision and has driven innovation forwards into the new hydrogen world.

The Company began as Magnet Motor, starting fuel cell development in 1994 and opening its factory in 1998. The technology and application roadmap went from the world's first fuel cell powered fork lift truck to a fuel cell ship. After that we developed the triple hybrid Skoda bus in 2008. Containerised power solutions completed the application portfolio. All those applications are powered by our own fuel cell stacks, with a robust design for a long lifetime. The Company established operations in the Munich area and was one of the first German designer and manufacturer of fuel cells. Internation

Half yearly report.
Chairman´s report

We are pleased to report our unaudited results for the six months ended 30 June 2019.

Proton Power has made further progress in the period with delivery of commercial contracts in proven technology, strategic co-operations and building our sales pipeline. Further investment in our manufacturing capability has put us in a stronger strategic position to capitalise in the marketplace and to deliver financial performance. We have strengthened our organisation to be able to deliver complete power supply solutions. We add value to our clients through our fuel cell expertise and with our system and solution know-how.

Highlights HY1 2019:

· The automated stack assembly machine, funded by a EU project, which can produce annually up to 5,000 fuel cells was delivered in Q2 2019. This will further reduce our product cost and will allow us to meet increasing demand and bring our technology quicker to the market.

· In Q1 2019 Proton Power and Skoda Electric a.s. in the Czech Republic signed a letter of intent with the objective of entering into a cooperation to develop, sell and service fuel cell electric buses using Proton's modular HyRange® systems. The first prototype buses shall be brought into operation for European bus operators.

· In April 2019 Proton Power announced the agreement of a 50:50 profit sharing Cooperation Agreement with MTSA Technopower B.V. to design, manufacture and sell large power systems based on hydrogen fuel cell stacks, ranging between 0.5 MW and 10 MW.

· In Q1 2019 Proton Power received a confirmed order from ebe EUROPA in Memmingen, Germany, for 15 hydrogen powered fuel cells of 60kW of generating capacity each. The ultimate customers are four city councils in Germany (Frankfurt am Main, Mainz, Muenster and Wiesbaden). The total value of the order is €4.1 million, with secured payment conditions including a further eight years warranty.

· In May 2019 Proton Power received a confirmed order for a value of €630K to provide a 150kw fuel cell package. This is to participate in a project in line with the Paris agreement to reduce CO2 emission through the use of renewable energies for production of hydrogen and the provision of further power through Hydrogen Fuel cells, in order to avoid overloading the power grid.

· Subsequent to the period end in August 2019, Proton Power announced that it has entered into a joint venture agreement with Schäfer Elektronik GmbH ("Schäfer Elektronik") whereby the two companies will integrate Proton's larger industrial fuel cells with Schäfer's power electronics, battery and a hydrogen storage systems in one integrated plug and play power unit. This unit will provide in excess of 1 MW of power to supply electric vehicle charging stations and will be available either as standalone unit or as grid connected unit, which would also be able to support the local grid if required.

I think PPS are ideally positioned and poised to take on the change from fossil fuels to a mixture of hydrogen and battery future. Partners in place and a wide range of proven products, it’s just a case of let’s see how well the sale teams can push into this growing and much talked about market.

After being invested in Afc for 10+ years I find Phe a breath of fresh air lately. Nice of them to pass comment on to shareholders too. Positive rns for me and clear about what they are doing. Just hope they don’t change direction and start making 5kg pd dmg units to replace wheelie bins lol.

Is chipping away with decent buys over the last few days. Few 4 mill buys with a mill just before these. Must be testing price first.

Here we go, this could get interesting this week.

You need to watch this, be patient it will unfold.

https://youtu.be/6mA63yn7RQ0

By the limited number of views 3. Not many have.

Also there on the same day, someone who works for the government. So they are aware.
https://youtu.be/coXJ8_FUBIc