Member Info for Rooky

Website still needs works, but to be up and running within a couple of hours of the RNS, is impressive.

Can't believe the SP is still way below its highs.

Looking forward to massive publicity over the week-end and next few days/weeks.

Never stated this before in my 20 plus years investing, but surely this has to fly.

Unfortunately don't have any spare cash to increase my holdings.

Selling is not mad, if you are a day trader and bought yesterday.

Nothing wrong with an instant profit.

Although as the Bid was stated on the books higher than the Ask, most of the recorded sells are 100% obvious buys.

Shares in demand with MM's on the Bid but none anywhere near the Ask price.

No doubt the sp will be up/down like a yoyo todays, obviously finishing higher.

There will be many gambling by selling guessing the top today, hoping to buy back on the dips (best of luck to them), but as an investor not a gambler, I will hold.

The RNS shows that over the last few months many mistakes have been made that now look to be finally sorted out.

Obviously one of the main problems was that the machine at BioCity would not perform as expected, hence the independent mention, which obviously means that the machine suppliers are not in agreement with P2F on how the situation should be sorted.

I can see some sort of compensation, either voluntary of via court action being taken by P2F re this.

Until I read the section re the machine not performing as it should, I thought the RNS was as good as we could wish for, but even allowing for that bit of negativity, the RNS is I think better than any of us expected.

That looks down to getting out of the 'lets do it all ourselves mantra', to out sourcing to the experts in many areas where P2F expertise was lacking.

I can see a very exiting remainder of 2021.

Apologies my figures re maintenance are obviously wrong and should read £24,150 and £32,200.

Traderdan,

You say, 'An AFC cell produces say 160kw ( at the moment - Their max capacity) and is housed in a 40ft container and then needs similar for the tanks which would need to be refuelled once a week.
This required stand off zones and easy access. cost circa 400-500k perhaps. You would need 15 of them to compete with a wind turbine.
It also needs annual maintenance and changing of stacks. maybe a further 100k per.

Comparing with a average large wind turbine is difficult, but here are some figures.
The average value of the actual capex costs reported for onshore wind farms completed in 2016-19 was £1.61 million per MW, for offshore wind it was £4.49 million per MW (including transmission).
Maintenance is for modern machines the estimated costs are in the range of 1.5% to 2% of the original investment per annum. So between £91,500 to £ 122,000

If anyone has an up to date figure for a capex to produce a MWH (converted from KWH) from the AFC system a comparison could be interesting.

This site has been progressively getting worse re disappearing posts.

Luckily the AFC thread is still only having a few disappear, whilst others are having whole days posts vanish.

The site admin inform me that it is an intermittent problem, but as yet again one of my posts on AFC disappeared this morning, could I urge all to inform the site if they also have disappearing posts.

So will repeat.............. As we know companies can easily flower up their Annual Reports by promising a rosy future, but as AFC now have several large and important partners, I feel that as it is not just investors in AFC that are watching and scrutinising, it is also investors on those partners that are analysing everything they say/do.

So all that was said in the results I take as substantial and the next 12/18 months look very rosy indeed.

Yes, a good article.

The main point was a reference to the Klondike Gold Rush of the end 19th century, when the most money made was not by the miners, but by those that supplied to tools/hardware.

The chances of picking outright winners of EV's is almost impossible, with so many different manufacturers in the market (with more joining, year on year), whereas miners such as CUSN, are the money making suppliers for lithium, copper and tin, all metals mentioned as price through the roof due to ever increasing demand.

Agree with those who feel the RNS is more positive than negative, and surprised why the RNS resulted in a substantial drop in the sp, although recovering due to more people reading between the lines.

Talks still ongoing, which has to be true, as after all the shenanigans, they surely dare not risk further upset.

I was hoping they kept the P2F branding as it made sense to us as investors, but a re-brand might make sense to a wider market. We shall see.

All Wednesdays chat has disappeared.

Nessab,

Sure you were not aware but the website is loaded with Trojan ware.

So a warning to all, don't open.

Will look to try and find the news another way.

Does anyone else have problems with PHE not showing gains on portfolio.

Tried many times to sort this with LSE but they fail to correct.

Mine is showing level on my portfolio, but up on watchlist, which I know is correct due to Yahoo Finance.

SCAP now wider from the bid/ask and are now higher on the ask than the bid (opposite to previously), so guessing order filled.

The dip downward in the sp started as SCAP stopped looking for shares to buy and as no big trade yet reported, be interesting to see any large volume late trade appearing.

Admit not expert by any means on reading L2, especially as it can mislead by MMs testing the ask/bid, but that's my take.

So not too bothered re the recent dip.

Unusual % increase in the SP.

Have not seen anywhere near such an increase in a single day before, and even more strange is that it is occurring today and not yesterday after what most of us thought was a good results report, re the update on future prospects.

Trades, although increased in number and volume are still not sufficient enough to justify the sp rise, which leads me to the conclusion that there is at least 1 large order waiting to be filled.

1 MM SCAP is the closest to both ask and bid, with no other MM splitting their ask/bid, so will be watching for a larger split price as an indication.

Maulvorn,

Its best if you put 'Price monitoring extension' into google as it explains it very well.

Regards Rooky

Admit to not knowing enough re Li from hard rock to give an opinion, just know that if any small cap mining company (taking only the UK section) it looks well placed to make a good solid profit.

Like many AIM shares, it's a gamble, but to me it looks far better than 50/50 to succeed.

The sp has not factored in the hundreds of units being licenced, only the possibility.

Possibility of building and actual built buildings are totally different and factual.

Once these buildings are up and running, the licence fee paid to PHE will easily justify a price far higher than the high price of a few weeks ago.

Most inside the business forecast that the demand for Lithium will increase at an annualised rate of 40% between 2020 and 2025 in Europe alone.

If the term has allowed for compound increase annualization (it doesn't make clear) the resulting prices will be approx 300% times end of 2020 prices.

Even without the compound element its a straight 200% increase.

Often if a company has good news to announce within a week or 2 before the results, if possible they delay till either the day before results day, or release at the same time.

If they have bad news, they tend to release asap in order to get it out of the way, so it does not distract from the results.

Not saying it will happen in the instance of AFC's due results, but that after experience of 30 plus years investing, I have found it to be a trend.