NEW, THIN POLYFUEL MEMBRANE BOOSTS DIRECT
METHANOL FUEL CELL PEAK PERFORMANCE BY 33%

PapalPower

Thanks for the post. I agree Idont like the timing of the RNS.
Separately, PolyFuel received informal notification on 19 January 2006 from the
US Department of Energy ("DOE") that the DOE's portion of the funding for one of
the Company's research projects has been suspended for 2006. Formal notification
will apparently be sent in the coming weeks. According to the spokesperson, the
suspension is not due to lack of performance, but rather the result of
reductions in the DOE's fiscal 2006 budget.
I still rate this as a long term sh.

Last time I checked this stock in April it was up to 106, following an agreement with Johnson Matthey to fuel cell membranes and the outlook was rosy. "Looks like a cracker" was the quote (the way he tells em). However, since then its been on the slippery slope and is now down around 54. Is this low enough for a punt?

The entire fuel cell sector seems on a slide at the moment and there are plenty of bargains floating around, E.g. VLR and ITM. I am going to wait until sentiment changes before returning to this sector.

Positive rns, yesterday! Re, 2 broad patents for their fuel cell technology.
Turned the corner perhaps?

Down to 21/23p after a sell of 20k shares. The company seemed to have the edge in membrane technology. Wonder if this is now just in a much oversold situation. Any of the 'regular' followers of this stock any thoughts?