http://www.afcenergy.com/

Dawnay, Day Corporate Broking Research Note

Aim Admission Document

Heads of Agreement- 10MW of Fuel Cell Development

AFC Energy plc (AFC.L), the industrial fuel cell power company, is pleased to announce it has executed its first Heads of Agreement in Thailand to initiate a programme of commercial fuel cell deployment with a leading Thai industrial gas company, Bangkok Industrial Gas Co. Ltd ("BIG").


Highlights

· Initial 10MW of installed AFC fuel cell capacity to be developed across three phases
· First phase of 2MW to be installed by the end of the 2016 (subject to permitting)
· Joint venture to be evaluated during 2015 between BIG and AFC to develop the initial fuel cell facility from BIG's own sources of hydrogen in Rayong Province, Thailand.

more..

Now entering full roll-out phase....

And I would presume that there are many more commercial contracts in the pipeline......wonderful !.... n'est-ce-pas ?.....

This is starting to look like the (original GKP) of the fuelcell world....

(:))))..................

Makes up for your punt on UKOG then rf?!!!!;o)

RF - take a couple of these :-)

Yes......will stay put in UKOG (more to come from them) but this company is making great strides now.....I presume they must have other contracts ready....this does look like : "the year of the fuelcell companies"....(this is my biggest investment)......

Holy cr*p rf! I thought after the roller coaster ride on RKH a few years back you had decided to spread the risk a little? Might be worth taking a few slices along the way just to be safe, n'est-ce pas?
Skinny, rf never chills! I think he likes the buzz!!!

I have to watch this one Harrycat......like an eagle.....been adding a lot over the last few months....

It's nice to have a success...because I have had more than my share of duds.....how far this is going to go I don't know....at the moment it's climbing everyday.....I would say....by the year end : it could be way north of a 100p....

The good thing is that there is now a steady newsflow from this company and not months and months with no info....and the latest rns have been incredibly positive....

Might be worth having a few targets along the way so you know when to consider taking profit. Shame to see it all get lost on an unforeseen event.....profit warning, accounting irregularity, Gotham City witch hunt etc.....

Yes....I agree.....but not yet Harrycat....this company is expanding like mad !....this is going worldwide !.....it's the one to be in at the moment....and I shall be watching ITM and Ceres....as we go along....massive potential coming to fruition !...that's what is driving this up along with the market recognizing the fact that fuelcells are here to stay...It's going to make one direction look like pussycat dolls.....(did I just say that ?)...

Nothing wrong with the Pussycat Dolls r f

Crikey !.....welcome to the party pal....

Another good day for the sp......

Crude up.......that's what we want.....can never understand why people moan about the high price of petrol/diesel.....

.

Depends what you are driving rf.
4x4 or V8 versus City car or Hybrid...........