Member Info for RealityChap

If they really made and supplied the cells to Nifty it would, even by AFC standards, be a spectacular PR failure! And the fact that the new CEO hasn't mentioned it in any context? You are right that I don't know for sure that it hasn't happened but there can't really be any serious supposition that it has. For a start, the revenue that it would have generated would surely have merited a mention in last week's update given the almost total absence of projected revenue in the current financial year.

I'm not sure if you are referring to AFC or Nifty when you say there are significant contracts? Surely you can't mean AFC??

I'd love to know what was in the small print of the AFC/Nifty contract.

It was portrayed as being a firm sale - text from the RNS below - and early 2025 was the date given. Clearly that isn't happening on schedule; whether it is happening at all is anyone's guess but as it hasn't been mentioned on the IM sessions I think it's fair to say that it seems odds against. So what happened? I have to assume that there were clauses in the contract that allowed Nifty to exit/defer, maybe to do with unit cost reductions but, again, can only guess.

What I can't understand at all is how, when this news was deemed to be price sensitive, its failure/delay can just be ignored and shareholders remain completely in the dark about its ongoing existence or otherwise- this wasn't one of Bond's vague MOUs or partnerships it appeared to be the company's first arms length commercial deal.

AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to announce its agreement to supply S Series fuel cell modules to Niftylift (UK) Limited ("Niftylift") for integration with its next generation mobile elevating work platform.

I bet she'd have preferred a new necklace!

If that deal isn't actually dead in the water it's floating face down

Oh shut up, Meggies; have a go at saying something relevant. I'll wait...

We thought, for a considerable period of time, that or fuel cells gave us first mover advantage. That may have been true, but only if we could find businesses that are so committed to the concept that they didn't care how much it cost.

Demonstrably, that is not the case.

We now have first mover advantage on a product/system that appears to be highly competitive on price but is not yet deployable. We can't be the only firm that is working in bringing the overall price down so the question will be whether we can get the whole shebang up and running before someone lese beats us to it.

Will we be able to do that? Anyone's guess.,

Shut up and go away, Ade.

That's a very good point WS, mea culpa! It's still a lot of shares that have gone through though

For weeks the clown that is Ade has ben telling us, multiple times daily, that there are more buys than sells. But during that period the new shorter has sold around 43 million shares.

As we have suspended production due to the enormous cost of our current product I think we can safely assume no imminent orders from this source

Oh come off it jggb. You know who abuses everyone who doesn't agree with him. I have most certainly called him a liar and a fool - that's just fair comment! - particularly the liar bit as he lies and dissembles constantly

So much fundamental misunderstanding here of absolute basics. But I have tried to explain it, from a position of knowledge, multiple times and just get dog's abuse from the usual suspects so will leave it to others to either find out themselves, or just guess.

Great to see the LI post from AFC re the smooth operation of the 200kw unit on trial at a Brett Aggregates site. Not just for its own sake but also because its development had provided clear line of sight (according to JW) for the very substantial cost reduction needed to give the smaller units any prospects of becoming commercial.

I don't think we have any clarity regarding the cost of these larger units and whether they have any prospects of becoming commercial in the relatively short term or if they operate in the same disconnected Bond fantasy world as their more compact cousins.

As this trial has been funded by the Department for Energy Security and Net Zero there are no clues yet re potential commerciality but still positive, not just because it works but also because of the clear line into government that has been established.

Not when you do it on a daily basis, no.

Ade. For a considerable period of time you have flip flopped while posting absolute gibberish. I see it as some kind of badge of honour to be called a fool by the likes of you.

Bring on JCB.

Talking of clueless Ade, you reckon that if a partnership was announced with JCB tomorrow the share price would go to £1.50 immediately. Which would value the company at around £1.3bn. Yep, that's entirely realistic...

Big potential difference Daz. All those agreements you mention had one key element in common/missing - none of them had any indication of how much revenue they might generate, if any and, of course, as it turned out the answer was the square root of sod all.

Quite rightly the new CEO said last week that he wasn't interested in MOUs and the like - he wants commercial deals that will actually deliver revenue (and hopefully profitable revenue) to the company.

The hope is that the next announcement is with a serious partner/customer who wants to take our technology and our products and actually pay a commercial rate for it!

He can never admit to being wrong. Which is a bit of an issue given he is yet to be right on anything...

Del Boy Trotter, otherwise known as your new best mate - CN

It is unprofessional. But so is some private punter trying to act like he's their sales rep...