Polyfuel Share Discussion Threads

[asparks] 28/3/2008 18:46

Hydrogen refuelling feasible 'within months'
28 Mar 08


ITM Power Plc, a fuel cell and electrolyser development company, and design/engineering group Roush Technologies Ltd have signed a co-operative agreement that 'could see carbon dioxide-free commercial vehicles being marketed in Britain within months.'

The two companies are to team up on a project to put hydrogen-powered vehicles on Britain's roads.

Roush is to work on solutions to convert existing internal-combustion petrol engines to run on hydrogen and on the development of all-new bespoke hydrogen-fuelled engines. The only by-product of burning hydrogen in an engine is water vapour.

ITM Power is developing hydrogen refuelling stations and a system whereby operators can generate their own hydrogen on-site by the electrolysis of water. An electrolyser system is to go into production in Sheffield later this year that can produce hydrogen from water using either off-peak or renewable-source electricity generated by wind, wave or solar power.

Although engines using hydrogen are already in production - BMW has made a small number of hydrogen-fuelled 7-Series saloons - and fuel cell cars (with on-board electrolysis to convert hydrogen fuel into electrical energy) are near to commercial reality, both solutions need a supply infrastructure for hydrogen.

ITM's CEO Jim Heathcote said: 'We are committed to bringing practical hydrogen power into the automotive market place within a dramatically reduced timeframe. Whilst [the project] initially involves the commercial vehicle sector, it will demonstrate the wider potential of hydrogen technology to help cut CO2 emissions and reduce our dependence on fossil fuels.'

[jonwig] 28/3/2008 09:21

Morgs - they might simply use a dessicant. Silica gel will absorb water up to 35% of its mass, and I think you can do better than that.

It will, of course, all depend on the mass of water being thrown out, taking recycling through the membrane into account. As you say, though, the process for users has to be trouble-free.

[morgs] 28/3/2008 08:56

I think the waste product is quite an amusing and has lots of comedy mileage.
I can just see all those executives rushing off the New York to London red eye, 'Got to dash to the loo my laptop needs to take a leak'.
and in the middle of a meeting 'excuse me but my blackberry needs to take a comfort break'.

But being sensible one of the hurdles is that fact that it is not dry technology but for it to sell it has to act as if it was.

[jonwig] 27/3/2008 09:32

Coming back to post #1102's query, "A colossal undertaking or a walk in the park?"
I'd think somewhere in-between.

I would think all the technology is solved, laid out on a lab bench, with the next (and last) step to make it effective in the required compact space.
The engineering challenges here tend to be solved incrementally and I'd hazard that they are most of the way to success.

[don muang] 27/3/2008 08:57

Yes, I like this part:

And, said the company, the goal is imminent.

:-)

[jonwig] 27/3/2008 07:11

CEO speaking at yesterday's Tech summit in Hollywood:

PolyFuel president and CEO Jim Balcom credits the U.S. Department of Energy in providing "critical and timely" support of his company's development efforts, in a program that has led to significant advances in portable fuel cell technology. The Silicon Valley fuel cell pioneer said that it is just one step short of introducing an alternative, "non-stop" power technology for laptop computers that will outperform the familiar Lithium-ion battery packs used today. And, said the company, the goal is imminent.



Underlinings mine.
Whether this says much more than in the company's last RNS, I don't know, but the tone is very upbeat.

[argyle underclap] 20/3/2008 12:08

Hectorp - Been watching this for a while. Wondering just how difficult the final step (of 5) wil be? And how long?

A colossal undertaking or a walk in the park?

[hectorp] 20/3/2008 10:05

Company has 'fundimentally solved' the issue of water production.. ( excellent) and

P....olyFuel is now working on the final
step of incorporating the fuel cell into a functioning hybrid power module and
integrating it with a commercially available notebook PC.

Once completed, PolyFuel is planning to make several prototypes available to
customers, thereby accelerating their development and commercialisation
activities. PolyFuel intends to work with battery and notebook/PC OEMs to seek
to introduce the fuel cell system into the high growth, 100+ million unit per
year market...
( from last weeks RNS) I dont see why there are not a lot more buyers this is still excellent news at this share price.

[hectorp] 20/3/2008 10:00

Nice 1p spread, yet no takers..
interesting however.. the company was getting pried to fail down at 14-15p..
in this market its doing well to 'stand still' till the next newsflow, which is.. when and what I wonder.
I'd quite like some of these.

[jonwig] 19/3/2008 07:24

Well, Ben, I wish you tons of luck with your spreadbetting ...... I suspect you'll need it :)

[ben nevis] 18/3/2008 20:54

IGindex etc dont buy/sell shares !!!

They trade futures thru bigger companies, like GNU... And ultimately somewhere the real shares are traded.

Easy to get in/out , cos no stamp duty and no commission...

Maybe I shouldnt be confusing you lot with S/B :)

[unionhall] 18/3/2008 14:25

ben - how would it be easier to escape from ? The share price company will have to sell the shares on your behalf rather than yourself....

[ben nevis] 18/3/2008 14:23

OK jon

Hopefully theres a spreadbetter who can see what I'm getting at...

Pretty safe if the stop is 19 wide on a shareprice of 20, LOL

Big cost, but no worse than real shares.

[jonwig] 18/3/2008 11:02

Ben.

Can't really comment about SBs, but the spread on the shares is often pretty wide, and that on the SB might be wider so you could be stopped out if MMs simply drop the bid price.

For myself, I buy shares and pay for them so I'm not qualified in the workings of SBs.

[ben nevis] 18/3/2008 10:21

Had a brilliant thought.

Might go long, with very safe spreadbet, with stoploss of 19

Won't cost any more than real shares, but much easier to escape from.

And if it rallies well, stoploss could be raised so profit protected.

(cant make it TOTALLY safe, cos IGindex wont allow the stoploss go below zero, LOL)

Does this make sense ?

[hectorp] 18/3/2008 07:47

Thanks DM.

[don muang] 17/3/2008 21:38

Two cells (sorry ... sells) totalling a little over £3k have brought the mid-price down somewhat - so it is basically the MM's doing what they do best ... !!! But note that bid price is only down slightly - it's the offer price that has fallen more (and hence spread is much smaller / 'nicer'.

[hectorp] 17/3/2008 16:31

Yes you did.
Incidentally, ! - why has this AND CFU, fallen over 10% in one day.
To me these are excellent examples of small companies that will outperform the market in the coming year.
Well, if the MM's want to make it wasier for me, I'll start buying this Polyfuels in coming days. I hold enough CFU as it is.
regds
H

[don muang] 17/3/2008 11:26

Well, amongst a predominantly red display this morning then PYF seems to be holding its own so far (.... but I've probably jinxed it by saying that....).

[hectorp] 12/3/2008 12:17

Why such a rediculous spread.. cant get fill.

[morgs] 11/3/2008 08:44

jonwig> I expect and this is suposition that when step 5 is reached that they would probably go for a main market listing. The reason for being non ledgered AIM and restricted from US citizens is to avoid Sarb Ox Compliance costs in the R&D cycle. This was a favorite of the former CFO that using this mechanism results in considerably cheaper funding over the expensive non income generating R&D cycle. I would put money on Campion poping up somewhere else in AIM world quite soon.

[unionhall] 10/3/2008 21:50

Nope and none.

[todworth] 10/3/2008 21:35

can anyone tell me if pyf is listed in the states and whats the epic if any?
thanks;

[morgs] 10/3/2008 13:40

I would love to know what order is being worked, I mean nearly a 50% rise in a day without a hint of smoke!

At least there are no pumpers and dumpers on here!

[jonwig] 10/3/2008 13:24

I'm not convinced there is a "fuel cell sector" - a company developing alternatives to Li-ion in mobile devices compared with one trying to put micro-CHP into the world's homes???

There are 11 UK-listed fuel cell companies, one is sort of canine (and not Crufts), the other ten all have points in their favour. But they don't, as a group, have all that much in common.

Morgs - thanks for post #1077, which explains the rationale. But Protonex tech [PTX} have moved to CREST - strange.