Member Info for RealityChap

If he has been booted I'd like to think the Non-Exec members of the board are well progressed with identifying a replacement

Still a couple of pencil ticks for me re the proven and certified externally deployed plant and the £27m order book.

I'd say it's potentially positive news, Pepe, but it's far from great news. The only thing that can constitute that is news of a big order made, delivered and paid for.

Don't be silly/sillier

Rooky/Meggiesdad. Is it not a reasonable point to wonder where wea re on deliveries and revenue? I'd quite like to know!

I can't explain again how you are missing the point

But, as explained, the ten business days is of no relevance. No company wanting to get investors on board and secure market backing waits to release positive news.

That's because it wasn't what anyone would call a firm order as I have defined it below. In any event it was in the final results which was the day before the Investor Meets event

But material orders would have to be announced. And, by orders, I mean firm commitments which guarantee income as long as both parties fulfil their contractual obligations. Offering is fine but means nothing yet.

When a company is in delivery mode the date of results which is set well in advance is of no relevance at all. The CEO has expressed his frustration a t the valuation the market places on the company; going radio silent when every reasonable person would have expected substantive news by now certainly doesn't help with that. It's not bashing to be concerned at the lack of news on Speedy and Acciona in particular and other projects, especially Tamgo. There's clearly nothing to be gained from holding back news, quite apart from regulatory obligations, so it's perfectly reasonable to ask why we've heard so little. No, we don't expect to be told about every single thing that happens but establishment of the first commercial, income generating placement of products in the company's history does not come into that category in any shape or form. Anyone who is happy with the current situation (and share price!) is either dishonest or needs help.

A percentage increase from three buttons and a peseta isn't of any relevance at all. We need proper, solid news and we need it very soon.

It does seem to be a bit of a habit CN - there's no new news here. Then again, actual new news does seem to be in rather short supply.

I'm not slating AFC at all Goatlegs. I'm wondering why we haven't heard re things we thought we would know about by now. Is that not reasonable? And I'm pretty sure, CN, that you were very strong in expecting news in May?

The alternative view is there could be a lot to be afraid of. No long term shareholder thought we'd be mid-July with so little substantive news.

Exactly

This isn't a new article - it's just a rehash of the Speedy announcement from over three weeks ago.

Why the need for a comment like that JGGB? It would clearly be dreamlike to partner with a major. Fact is though that they are already developing a site for green hydrogen production that is costing more than AFC's market cap. It seems unlikely to me that they are doing so while casting around for a cracker partner but you never know. Anyone one start a rumour bit there's precious little to link AFC with this.

And then we woke up...

If you've sold, delivered and have received payment for a million units then another one doesn't need to be announced. If they are the first or first few units to reach that status I'd very much like to know about them. The company is supposed to be pivoting from pure R&D to being commercial. That's a major moment and i want to know how it's going.

Can't say I know much about the FAT process but surely not every individual unit has to go for testing?