Hi Niceonecyril,
Yes, it does read competition, but I find that a bit misleading. Competition in the context it is used, means to me, several other projects side by side, with the winner is etc.
But reading other press releases it is more of a project that is up against other clean fuel projects that are being looked at around the country in an ongoing continual process (and about time to).
As to getting their finger out, I believe if/when the orders come in AFC will have all the backing required to boost up production several times over. The plans are already in existence.
It is always difficult for any up and coming innovating company to judge future supply figures. What they don't want is for production to get ahead of itself leaving stock on the shelves. Not saying this will happen, but they do still have to prove themselves. I think the minor effect todays news had on the sp reflects this.
There are many posts ridiculing the sp as being way undervalued. I agree on the potential side of this, but the still existent risk factors, just about levels up.
Potential v Risk, sp about right.
This may be a pessimistic view, but having been caught out a few times in the past by investing in companies that 'can do no wrong, can't fail, then did, makes me perhaps more wary than most.
Saying that , I feel AFC are the best prospect I have had in my portfolio for many a year.
A good link re the competition,
http://www.decc.gov.uk/en/content/cms/what_we_do/uk_supply/energy_mix/ccs/ccs.aspx
regards Greek.