Has anyone got any ideas why VLR continues to fall? They are one of the few Fuel cell company to have actually successfully comercialised their product and the potential for future growth is huge.

Voller will see more uptrend as it looks extremely undervalued compared to ITM and CWR. Very Strong BUY at 35p.

Chaps, what a splendid day! I only bought in a couple of weeks ago but am already up 35%! It's tempting to sell but I think this has a way to go. I work for a power business and "green" issues and alternative energy sources etc are very high up on the agenda. Come commercialisation these babies will be changing hands for well over 1 IMO.

Well done queen for coming on board VLR.

Thank you hlyeo98. I'm hoping to enjoy a long and fruitful ride with you all :-)

But obviously not today. Oh well, up one day, down the next. Don't you just love this business?!!

the huge spreads and trading fees make it hard for small holders to buy one week, take the 10% rise in the sp and run before it falls again

bought back in after selling at 35p

Bought more at 32p.

Good to see the faith is being kept!

From the UPS thread .........

VLR 29 - 32p +0.50p

is again on the move up on the bid and 4 MMs gone blue

the L2 is 1 v 1 on the higher bid, but online is almost imposible to buy any and bidding for 25K @ 30.65p, one gets the idea

VLR 30 - 34p +2p

Have done well today, some large trades reported late

Yes up well but tomorrow could be the opposite.
Think within the year we'll see a return to historic highs though, current S.P. and market cap can only be described as ridiculous.

They seem to have broken the recent decline, will this be the start of an uptrend..... Green energy/companies seem to be the in thing at the moment...

They are Tonker and this one is already making money. I'm investing in a number of "green" companies at the moment besides VLR (ITM, SYM, MNE, BIFF) as I too believe that companies with the right environmentally friendly credentials will severely outperform over the medium to long term.

From the UPS thread ..........

VLR 32 - 34p +0.50p

WINS decided to move the bid up, some interesting trades today once again, and the share price
not moving UP as it should be by the good size of trades lately

This will go up soon...extremely undervalued compared to CWR and ITM

Voller Energy Group PLC
02 March 2007



2 March 2007

VOLLER ENERGY GROUP plc
('Voller 'or 'the Company')

Interim results for the six months ended 31 December 2006

Operational Highlights


On track for commercialisation of systems by end of 2007

Auxiliary Power Unit (APU) system working from widely available fuels such as
Calor Gas, Propane or Liquefied Petroleum Gas (LPG), demonstrating quiet
operation, very low emissions and high efficiency

Successful integration of complete fuel cell processor and 1kW class
Auxiliary Power Unit (APU) fuel cell system in November 2006

Agreements in place to test prototype systems in target markets

IP position strengthened, including the granting of a Chinese patent


Financial Highlights


Strong cash balance of 5.667million

Operating loss of 1.314million in line with budget


Business Highlights


All 2006 highlights were achieved

Introduction of Fuel Cell ABC (Automatic Battery Charger) and Fuel Cell RBC
(Remote Battery Charger) products

International sales agent network increased to 42 agents able to resell the
ABC and RBC

Inclusion of Porta-charger in 2007 Speedy Hire catalogue

Carbon neutral business

Commenting on the results, Stephen Voller, Chief Executive Officer, said:

'Voller's progress and development achieved over the last six months has
enhanced our substantial intellectual property and know how in systems design.
Our objective over the next six months is to complete a number of fuel cell
system 1kW prototypes and to focus on the successful field testing of these
units.

Subject to the successful completion of these field trials, we remain on track
for commercialisation of the systems by the end of 2007. '

www.voller.com

For further information please contact:


Voller Energy Group Plc Telephone: 01256 813 900
Stephen Voller, CEO

Hudson Sandler Telephone: 020 7796 4133
Nick Lyon / Amy Faulconbridge

CHAIRMAN'S STATEMENT

I am pleased to report on the activities of Voller for the six months to 31 December 2006.

Growth and opportunity

There is now overwhelming scientific evidence that climate change presents a
very serious global risk, and that an urgent global response is required to
address the challenge. It is also clear that a portfolio of technologies will be
required to stabilise emissions. New technologies do exist but they are
currently uncompetitive when compared to fossil fuel alternatives. In the view
of the Stern Report, markets for low-carbon energy products are likely to be
worth at least US$500 billion per year by 2050.

Fuel cell technology offers the opportunity to provide clean, environmentally
friendly power with the only outputs from the electrochemical process being
electricity and water. However, to achieve this, most fuel cells require
hydrogen as their fuel supply. Although much has been discussed about the
development of the hydrogen economy and continues to be commented upon, the
reality is that the development of a commercial supply of hydrogen is a long
term goal.

Hydrogen also has a low energy density. This means that a car that would go 100
miles on a tank of diesel would travel just 4 miles on an equivalent volume tank
of hydrogen at 200 bar pressure.

Recognising the realities of the marketplace, we have concentrated our
development efforts to produce a commercial product based on fuel cell
technology, which uses as its base fuel products commonly available hydrocarbons such as propane, butane or LPG, the most well known product of which is Calor Gas. These products have a high energy density, but when used in a fuel cell produce much lower emissions than in a conventional generator. In developing these products we will assist the transition from today's high carbon economy to a low carbon economy, using high efficiency fuel systems as an important step along the path to the ultimate solution of the future zero carbon economy.

Technical progress

I am delighted to report that the technical progress we have achieved over the
last six months has been very encouraging. At the end of November, we were able
to announce the achievement of a major milestone in the development of our 1kW
fuel cell APUs by successfully integrating a complete fuel processor and fuel
cell system. The system demonstrates quiet operation, very low emissions and
high efficiency. We believe that these alternatives make the units highly
attractive for commercial applications in our target markets.

In order to exploit this opportunity, we intend to target niche, early adopter
markets, where the benefits of fuel cells outweigh their high cost. The systems
that we have developed and are developing will use widely available fuels with
existing distribution and storage infrastructures. The entry into niche markets
could provide in due course the leverage required to penetrate the mass market
opportunities.

In November 2006, Dr. Robin Francis was appointed to the Board as the Group's
Chief Technology Officer and brings to Voller a wealth of chemical and
technological experience. In addition to this, we have considerably strengthened
our research and development team with the recruitment of additional engineers
who have in turn enhanced our know-how in fuel cell system design and
integration.

The development programme is on track to complete the lab testing of a complete
1kW fuel cell system with an integrated Voller controller and battery management
system by the end of March 2007. A number of lab prototypes will be built in
this time frame and in the second quarter of this year will be field tested with
potential major customers.

An agreement has been reached in principle with a number of these key customers
for the delivery and installation of these units in our initial focused markets
of construction site cabins, recreational vehicles (RVs) and sailing yachts.

Chinese patent

In 2005, Voller acquired KAT-chem and its patent application. In January of this
year, I am delighted to announce that the Company was then granted a patent by
the Chinese patent office relating to multi process catalytic reforming of
hydrocarbons and alcohols using micro channel reactors to optimise the process.

The Company was also granted a 'mains in a box' patent in the UK in early 2006.
Voller has a number of other patent applications about the systems requirements
of fuel cells.

Fuel cells are a very exciting technology for the future, but the most important
factor for their wide spread commercial adoption is cost reduction. This means
manufacturing the systems in large volumes, which is why protecting IP is vital
in high growth countries such as China.

Products

The Company introduced two new products in June 2006, the Fuel Cell ABC and Fuel Cell RBC. Both were based on the successful VE100 platform.

The Fuel Cell ABC is available with either 110v or 230v inverters for the US and
EU markets. It also features 12v automobile style DC ports and a USB port that
can be used to charge an iPod or MP3 player. All three electrical outputs can be
used simultaneously. The system also features new software that includes a
remote monitoring and diagnostics capability, together with new styling.

The RBC unit is designed for mounting into a standard 19' telecoms rack. Both
the ABC and RBC systems can be integrated with other renewable energy
technologies such as solar panels and wind turbines.

The international agent network of organisations able to resell the Fuel Cell
ABC and RBC systems has increased to 42 worldwide.

The Battery Box system is featured in the new 2007 Speedy Hire catalogue. This
system is designed as a 300w cordless tool battery charger.

Donation of fuel cell systems to the Science Museum London

Voller was credited in 2002 as one of the first commercial developers of
portable fuel cell systems. The hand held portable VE100 products that were
first released in 2003 are considered to be the first example of a commercial
fuel cell product using a self contained internal hydrogen canister that
produces no emissions - the only output is pure water. Three systems of this
type were donated to the prestigious London Science Museum at the end of 2006.

Carbon neutral business

Fuel cell systems are environmentally friendly technologies that produce
electricity without the emissions normally associated with conventional
generators. In fact, when hydrogen is used with a fuel cell system, the only
output is pure water. However, in manufacturing the fuel cell systems at
Voller's specialist research and development facility in Basingstoke, United
Kingdom the Company does produce some carbon emissions.

In January 2007 the Company announced that it had been working with the World
Land Trust (WLT) to assess these emissions. The WLT improves the natural
environment by offering organisations effective guidance on emission reduction
strategies and by providing measurable carbon offsets through its Carbon Balanced programme.

The WLT assessment was that the Voller Energy operations had produced 816 tonnes of carbon dioxide to date and a further 104 tonnes of carbon dioxide were being produced annually. Voller has used industry best practice to reduce emissions for many years and in 2005 won the Environmental Innovation & Technology Category in the Hampshire Sustainable Business Awards. These emissions will be offset by the WLT through the purchase of up to 7 hectares of land in the South American rainforest for reforestation.

All new Voller Energy products delivered in 2007 will carry the World Land Trust
Carbon Balanced logo.

Financial review

Operating costs were in line with expectations and the increase over the
comparable period of the previous year represents the recruitment of additional
resources for both sales and marketing and more particularly, development.

Capital expenditure in the period was a modest 14k and related primarily to
providing resource for the additional headcount.

Available cash at the end of the period amounted to 5.667million and was higher than anticipated.

Outlook

The period ahead offers a number of key significant challenges in the
development area. Progress to date has been very encouraging and the utilisation
of our expertise and systems know how in developing a fuel cell system fuelled
by commonly available fuels has been particularly encouraging.



The Stern Report has clearly identified the challenge that faces us all in
dealing with the impact of climate change and the need for concerted action on a
global basis today rather than tomorrow. Voller is well positioned to make a
significant contribution to meeting this challenge and in the process to develop
a successful commercial enterprise.



Voller continues to lead the way in developing a 1kw fuel cell system that will
be commercially available to the market.


John Brown
Chairman

I would have expected a bigger sp rise this morning on the back of what appear to be excellent interim results.

Voller Energy Group PLC
16 March 2007

16 March 2007



VOLLER ENERGY GROUP PLC



'Voller' or 'the Company'



Technical Update: Q1 2007 milestone achieved





Successful assembly of prototype 1kW fuel cell system complete with own
control system, gas reformate clean-up and cooling



Prototype testing program well advanced



Voller remains on track for commercialisation of systems by the end of
2007



APU system working from widely available fuels such as Calor Gas, propane
or LPG and demonstrates quiet operation, low emissions and high efficiency





Voller Energy Group PLC, the leading developer of fuel cell systems, is pleased
to announce that the Company has achieved another milestone towards the
commercialisation of their 1kW class auxiliary power units (APUs) running from
standard Calor Gas, propane or liquefied petroleum gas (LPG). Voller engineers
have now successfully assembled and demonstrated the operation of a complete and
totally self-contained prototype fuel cell system including a proprietary fully
automated control and safety system, gas reformate clean-up and cooling.



This new work takes the development announced on the 28th November one step
further and demonstrates a completely self contained system working fully
automatically.



This development is a significant step forward for the fuel cell industry as the
Voller APU will run from standard fuels. Most other fuel cell systems require
pure hydrogen, which is only available from specialist gas suppliers. Hydrogen
also has a low energy density which means that a car traveling 100 miles on a
tank of diesel would travel just 4 miles on an equivalent volume tank of
hydrogen at 200 bar pressure.



By contrast, LPG and propane are commonly available worldwide. Calor Gas is
available from 10,000 outlets in the UK.



Recognising the realities of the marketplace, Voller has concentrated its
developments on fuel cell technology, which uses as its base commonly available
fuel products such as LPG. These products have a high energy density, but when
used in a fuel cell produce much lower emissions than a conventional generator.
In developing these products Voller assists the transition from today's high
carbon economy to a low carbon economy, using high efficiency fuel cell systems
as an important step along the path to the ultimate solution of the future zero
carbon economy.



Stephen Voller, Chief Executive said:



'Fuel cells are an important technology for the future. The next vital step is
to commercialise these systems and for users to experience fuel cells
themselves. I am proud that Voller Energy is going to be one of the first
companies in the world to bring products like these to market'.

Great news and a nice lift so far this morning.