Member Info for Piltick

Thanks chippy. I cannot believe that they will simply ignore such a letter, but I'm sure it could take a week or so for them to consider the form of response. Also, I'm sure they are quite busy right now!

chippyjo, as a matter of interest, how did you send the letter, by email or post, or registered? Not that it matters really, just curious.

W2T is a private company at the moment, so not available on the stock market.

And Shvidler, of course. Sorry, missed that one.

Strum, can you please say where you found that info, because when I look at the list of significant shareholders on the AFC web site, updated on 1st July 2019, I see that they are all Nominee accounts, except for Ervington and Schroder. So I'm a little confused.
https://www.afcenergy.com/investors/aim-rule-26/securities/

Or, it could be said that others are lagging behind Toyota in the production of hydrogen-powered vehicles!

So no adverse comments or objections so far, it seems.

Is AFC being overtaken here?

"GenCells’s A5 off-grid power solution will also be sold here. The facility is said to be the world’s only ammonia-based off-grid fuel cell power solution. It extracts hydrogen from liquid ammonia and boasts a cost of ownership that is lower than a traditional diesel generator. The A5 is ideal for rural and remote communities and can provide enough fuel for an entire year."

I think it is possible that DR may have been in discussion with them, but I don't know for certain. I would hope so, anyhow.

Thanks for that chippy.
How about a copy to John Rennocks?

What happens when we get over 30% ?
:-)

Here's a link to the planning application web site for anyone who may want to keep up to date. As far as I can see there have been no objections so far.

I think we're expecting this to go to the Planning Committee on 8th November, and the agenda for that meeting should be available the week before.
https://pa.cheshirewestandchester.gov.uk/online-applications/applicationDetails.do?activeTab=summary&keyVal=PY18AUTELF400

That would certainly be a logical move. I hope they've been able to convince UKWIN, because they can be a difficult bunch.

"The Company expects to complete negotiations for the first phase of funding by the end of the year."

Well that's encouraging. Let's hope they achieve that.

Remind me when he said that, Daz?

I don't care what the "experts" say, I am convinced that if EVs take off on a massive scale, the national grid will collapse.

Larger vehicles and longer distances, Newboy. EV is better for town driving and short distances.

The argument in this article may be somewhat meaningful as applied to the pyrolysis system, but it is not wholly applicable to the the DMG gasification process:

1. It is just not the case that "more energy has to be put in to treat the waste than can actually be recovered." I believe that the DMG system uses about 15% of the energy to keep the process going, meaning that 85% of the energy is available to create the syngas.

2. "All pyrolysis EfW or ‘plastic to fuels’ products must be combusted to liberate energy, thus releasing the same quantity of carbon dioxide than if the plastic had been incinerated directly." It is true that if the syngas is used as a fuel in a genset to generate electricity, then some CO2 will be released, but not to the extent that it would be released by incineration.

3. "heavy metals and dioxins become concentrated in the resulting products making then unsuitable as fuels, because when combusted they are released to the environment." This statement simply doesn't apply to the DMG system, as far as I am aware.

Point I was getting at DW is who is going to design / build / manufacture the replacement diesel gensets. It appears to me that that is what AFC intends Multi Source Power to do.

The RNS 26th July stated: "- Appointment of Multi Source Power Limited, a leading UK developer / supplier of on and off grid hybrid power systems" but it didn't expand on exactly what this company will be doing for AFC. When I Google MSPL I find that "Multi Source Power believe in Clean reliable and long lasting power. We create, build and deliver intelligent, secure and efficient hybrid & storage systems for..." So I wonder if it is the intention that MSPL will design and build the hydrogen genset systems, or just sell them.