http://www.afcenergy.com/

Dawnay, Day Corporate Broking Research Note

Aim Admission Document

Half way through the year and now they have completely stopped feeding us mushrooms altogether. Is that a good thing, who really knows!

Yes, interesting that the quarterly news letter from the company has ceased, though AGM might have replaced it. If so, July 2018 will be the next.
AGM april 2019, so only 10 months to go, when they have to make some kind of comment!

Hi Harrycat,

Didn't they say at the last AGM that the quarterly updates would finish, if so I took that to mean, no more quarterly news letters.

Could have been dreaming though! Anyone confirm.

The new Chairman chappie i think said it was ending , so we have to wait for something worthwhile happening i suppose , i think he also criticised previous news for not being well sort of honest so to speak , so why is Bond still there maybe , any way i only think this coz i can't be arsed to read up , bit like the Company eh .

Just noticed on another site ,Power Up , AFC Energy and partners worked towards the demonstration of an alkaline fuel cell ( AFC ) system at Air Products industrial gas plant at Stade lower Saxony . That's a 500 Kwe . Obviously of no interest to shareholders as they haven't told us .

I also saw that on another site.

Although a sp moving item that should by the rules result in a RNS obviously they feel that we are not important enough to be informed.

I bet the big players are aware of this.

Presumably the AFC board have put us small players on ignore.

Good grief they've actually received an order from OZ , RNS , one of many lets hope , at last .

Anyone know where the separate AFC Forum went to. I signed up years ago but haven't posted for a long time and on just visiting found the last post months ago. Has it moved.

As to the RNS contract, not that important by itself due to it's size, but if this strings a few more together, the contract ball that has been well and truly stuck will finally start rolling.

They have to follow it up with more orders soon or inevitably it will sink lower , we're up in the nines .

This company was formed to recycle waste oil in 2001 and opened the refinery in Queensland in 2014, so it looks like a very forward, fast moving company.

AFC Energy Receives First Commercial Hydrogen Power Generation Order in Australia from Southern Oil Refining

AFC Energy (AIM: AFC), the industrial fuel cell power company, is pleased to confirm receipt of its first commercial order in Australia for its proprietary hydrogen power generation unit from refiner, Southern Oil Refining Pty Ltd ("Southern Oil").

Highlights
· Southern Oil, through its wholly owned subsidiary Northern Oil Pty Ltd ("Northern Oil"), has placed an order for the first AFC Energy hydrogen power generation unit in Australia;

· The hydrogen power generation unit, expected to be sized between 200kW and 400kW, subject to engineering, will be located at Northern Oil's world leading Advanced Biofuels Refinery near Gladstone, Australia;

· Non-refundable deposit to be paid to AFC Energy within five business days of the offer;

· Brief period of engineering now commencing to finalise final project sizing, scope and commensurate contract terms;

· AFC Energy plans to sell the balance of plant for its hydrogen generation unit to Southern Oil and lease the system's stack and electrodes for an undisclosed sum reflective of the project's capital cost (incl. fuel cells);

· Northern Oil to utilise surplus hydrogen from its Gladstone refinery in the process and consume all power produced within its facilities at a cost better than its existing grid power tariff;

· Project to be delivered in the first half of 2019.

http://www.moneyam.com/action/news/showArticle?id=6049131

is it REALLY anything to get that excited about?
i hold these poxy things, though fortunately not too many

Undisclosed revenue from this. Could it be as much as £10!😃

Are you ramping this kim . lol.

Oh dear, is it that obvious!🤣

RNS half year results out , lot of info to take in and if it comes off will be interesting .

StockMarketWire.com
Industrial fuel cell company AFC Energy booked a £2.75m annual pre-tax loss, as it continued to prepare its technology for commercial distribution.

Pre-tax losses for the year through April were slightly deeper than a £2.69m loss recorded on-year, when the company received more EU research grants.

AFC Energy's key 'power-up' project had demonstrated the world's largest operational alkaline fuel-cell system at Air Products' industrial gas plant in Stade, Germany.

'Whilst the final basis of design of the fuel cell stack has taken longer than we had hoped, I am encouraged by the results we are now seeing from integrating [partner] De Nora's manufactured electrodes with the company's new and greatly-improved proprietary fuel cell stack design,' chief executive Adam Bond said.

'We can now leverage the rapidly increasing volume of successful operational data that we have recorded from our testing facilities at Dunsfold and Stade to drive new commercial development opportunities.'

so we can all go back to sleep for another 4 years - if the company can actually keep going that long

Same could be said for the R & D company below...

You could be just beside a pool in the med……….boss...boss...the punters want to find out how the company is progressing ? what shall I say ?.....boss (sipping his cocktail) :….put out an optimistic rns….saying how well we are doing....I'll type it out on my laptop before my next dip.....