Member Info for Rooky

As the present discussion is ramping, I suggest we all invest in this interesting company (therampingpeople) as it would negate any ramping de-ramping posts.

More bite to this RNS than I have seen for a long time.

Still waiting for that sp moving contract, but todays RNS should surely move the sp a few notches upward.

I think they will as Eddietheo, states test to destruction or at least till the fuel cells reach inefficiency.
As they are looking at better versions coming along which may be cheaper to produce, giving higher output for same input, they won't know the longevity of that version till similar testing of the present version.
Who knows the current fuel cells may last well over 4 years.

We must now though have like most feel, get the product out there, otherwise we might have the best fuel cell of the present left on the shelve, overtaken by competitors, whilst we test and test indefinitely.

Hi Desertwolfch,

I worked for 5 years for an insurance company selling every type of insurance cover possible, except marine and aviation. I also worked as an independent broker for several years and I fully agree with your reply to 98889.

Mean't to add, upgrading on here, which has the same problem re matching prices that iii and Hargreaves does.

Hi Pickwick,

Many years ago when iii were independent, the stockwatch closing prices rarely compared with my portfolio price, and nothing has changed.
Several times of late the closing price for AFC has been up and yet my portfolio shows down and that even taking the bid price. This always stopped me upgrading my account and still does.
It can't be rocket science to get this sorted.

Volts_Amps, just read that article, it could be a world changer.
Mind you an accompanying article states that scientists are looking to use ammonia in fuel cells, as hydrogen has to be used in fuel cells that require expensive platinum.
This article like many over the years appear to make AFC look light years ahead, so practically AFC should (I repeat the word should) be well down the road to full cell power production.

Not time to look now, but obviously from several of this mornings posts there is more on the PMO page than in the RNS released by RKH.

Can someone tell me what is new in this update.

Hi Richlist

Thanks for putting me straight re South Korea, I must have missed that.

Still strange though that the South Koreans did not look at it with another team though.

It's the lack of clarification that grinds, must say though it's nice to see a few tick ups in the sp.

Hi MitchConnor,

In the 1990's a company I worked for fitted a large percentage of their car fleet with LPG (Liquefied Petroleum Gas) tanks that were situated in the boot. The design passed all the safety H@S tests at the time, and I did not hear of one crash incident where the tank was punctured, not saying there havn't been any though.

As of interest, 'Tests have emphasised that hydrogen is generally at least as safe as natural gas or LPG, and is arguably inherently safer than gasoline, although the character of their risks is not identical.'

Regards Rooky

We were told that longevity of 3 to 6 months was acceptable by the South Koreans, and yet as you rightly say BumbleB, we have heard nothing .
The question has to be WHY.
This is a glowing example of the reasons why almost nobody trusts anything said by the AFC board, until contracts are actually signed.

Hi Sharesport,

I well remember that RNS from 2016 (can't believe it was that long ago) and thinking like most investors that it was a promising RNS, but like many such sp boosting RNS releases we have heard nothing since.
Up-dates such as those which should at least be given a follow up within the 3 years that have past are a perfect example of treating us like the proverbial mushroom.

Southerhay,

I mainly but not always agree with your post, but saying that I do find them well balanced and well thought out.

Posting anything positive or negative regarding AFC is always going to be difficult.

I always look at anything the companies does or put out as I would look at a new project/imvestment, Ie does it look too good to be true and also what is their track record on info they have previously released.

Whilst like you, I initially saw potential and still do, I sometimes feel like we are being taken as mugs, so it's always a toss up between staying invested longer or getting out.
Not an easy decision, as 1 I don't want to miss out on what could still be a golden investment opportunity or 2 loosing even more than I have lost already.

As to which it is, 1 or 2 I don't think anyone has much idea.

Hi Barnacles,

You say, 'But in all seriousness the prospects look good. The last series of announcements have all pointed to huge potential and a roadshow this year for an EV Charger with great prospects,.

The facts are that the same words could and have been said with the first stand alone units, well before the EV charger was even conceived.

Whilst I believe the EV system has a better chance than the previous, all dancing world beater, most wonder if it's just another flash in the pan.

Credibility in the belief and confidence in AFC has been shot to bits, and that is a result of the actions (or should that be in-actions) from the management, not the results of disillusioned posters.

Regards Rooky

Ho Dodger47,

Japan was mention as a target under 'Customer engagement Outlook', although no detail, no doubt due to sensitivity during any negotiations.

regards Rooky.

It looks like an off the books trade, direct between 2 parties, then released for market info.
So both a buy and sell at the same time (not held), but as I understand it, as the agreed price between the 2 parties was lower than the mid price at the time, it was recorded as a sell.

Agreed Stokey,

Perhaps planning permission and contract to site a DMG at one of those massive tyre dumps that can been seen from space, although they have stated previously that tyres are an accepted feedstock.

We often hear about the re-cycling problems re plastic but very rarely tyres, though I accept that plastic waste causes more problems than tyres, until they catch fire that is then the air quality for miles around is very contaminated for months. though

Hi Lucky520,

I am also not sure how much of W2T AFC currently own as their website as has often been said, is pathetic.

I know we are connected to Powerhouse through W2T and there RNS this morning should, and I repeat should help the AFC sp.