http://www.afcenergy.com/

Dawnay, Day Corporate Broking Research Note

Aim Admission Document

StockMarketWire.com
AFC Energy's operating losses fell to £2.7m in the six months to the end of April- down from £3.8m last time.

And the group said it was on track to reach initial demonstration of a commercially deployable fuel cell by the end of this year.

The company reported net cash inflow in the six-months to 30 April of £5.5 million (30 April 2016: £1.1 million net outflow) as a result of its careful control of operating and capital costs, and the successful fundraise which raised a total of £8.1 million, gross.

Chief executive Adam Bond said: "I am extremely pleased with the very strong technical progress made by AFC Energy during the first six months of this year, particularly underpinned by the collaboration agreement with De Nora.

"The company has a strengthened balance sheet following the fundraise in March 2017, has commenced engineering studies on deployment projects, and strengthened its leadership team, positioning the company well for the aggressive work programme set for initial demonstration of commercial operating parameters by the end of 2017."

I'm only down 71% here!

I hate this share!😃

Is that called skinny dipping , skippy . I'm in the pain barrier too .

I think the chart speaks for itself.....we are all here to make money from our investment and it appears none of us are! I only have a small stake but wish I didn't have one at all.

I'm thinking of posing as a potential buyer of the product and getting the lowdown , wrong word maybe , if you don't hear from me .

AFC reminds me of the Stanelco days, even had the same CEO Ian Balchin!

Oh great.....now you tell me!!! ;o)

Sorry!😁

re - we are all here to make money from our investment and it appears none of us are!

well, that is the reason I only take punts from time to time, when they are well oversold and volume on them.

Some very good return some time back, but the last two there was not much to take home, so not more punts for the moment being.

Long term jam tomorrow, never comes in this share it seems

concur with that though i have a few tucked in the bottom drawer of my sipp
the concept was always good, but as so often with early birds, they never get to where they hoped

RNS with the quarterly newsletter update today , if you read it , it has good info regards what's going on there , obviously things must come together to be a success but i think looking better .

RNS Feed study at Dunsfold Park , looking more like it now might open a bottle of shampoo on this news .

Anti dandruff of course .

As long as AFC end up 'head and shoulders' above anyone else.

Ha ha , brilliant greekman .

Lol!😀

Well I suppose a laugh is needed awaiting the AFC sp to increase.

These RNS's are supposed to encourage and keep us up to date , but like a lot of shares they really just confirm that we are still waiting for contracts to be signed , just look , up just 0.01 and mostly sells i think . Maybe one morning .

StockMarketWire.com
AFC Energy, the industrial fuel cell power company, has executed a term sheet with Dunsfold Park Ltd to start front end engineering and design work on a landmark hydrogen micro-grid at the Dunsfold Park site in Surrey.

AFC Energy said it would start the FEED study for an initial 1 - 1.5 MW hydrogen fuel cell micro grid, sufficient to power up to 2,500 homes, as part of the Dunsfold Estate masterplan residential and industrial redevelopment.