http://www.afcenergy.com/

Dawnay, Day Corporate Broking Research Note

Aim Admission Document

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

Only joking......don't like high priced petrol/diesel either but the reality is the higher crude is : the more viable are fuelcells....bit of a shakeout this morning....but not too much selling so far.....

Beaufort Securities Speculative Buy 39.75 - - Reiterates

Hovering around 38p-40p mark now......waiting for the next rns....

Nice bounce today...

Heading for 50p....

MOU signed with Dubai Carbon for estimated 300MW

AFC Signs Landmark Memorandum of Understanding with Dubai Carbon at WETEX 2015 for an estimated 300MW of AFC Fuel Cells in Dubai

AFC Energy plc (AFC.L), the industrial fuel cell power company, is pleased to announce it has today signed a Memorandum of Understanding with Dubai Carbon Centre of Excellence ("Dubai Carbon") at the 2015 Water, Energy, Technology and Environment Exhibition (WETEX) in Dubai. The MOU, provides a framework for the assessment and potential deployment of an estimated 300MW of fuel cell generation capacity in Dubai.

Highlights

· 300MW of fuel cell capacity being assessed for deployment in Dubai by the end of 2020, making this the largest single fuel cell deployment programme in the world
· Joint venture to be negotiated between Dubai Carbon and AFC for commercial projects
· Potential for multi-billion dollar revenue stream over life of projects for the joint venture
· Dubai Carbon and AFC to engage with Dubai-based clean energy funds to finance projects taken forward
· Significant economic opportunity to monetise not only energy generated from the fuel cell, but also from the sale of water by-product from the catalytic process in ways which has never been monetised before
· Dubai Carbon is owned by Emirates National Oil Company (ENOC), Dubai Electricity and Water (DEWA) and Dubai Aluminium Company (DUBAL)

This landmark deal again reaffirms AFC's transition to a global energy company working in collaboration with some of Dubai's leading companies. Dubai Carbon and AFC will initially assess the potential for deployment of the fuel cell within projects such as Dubai Expo 2020, The World Development by Nakheel, and major infrastructure projects including Al Maktoum International Airport.

Dubai Carbon and AFC will commence the undertaking of initial pre-feasibility studies across these and other opportunities such that we could see developments commence across the Emirate in the very near future. It is envisaged that once projects are identified for development under the pre-feasibility studies, Dubai Carbon and AFC will form a joint venture to deliver the projects. The joint venture would look to operate the projects and dispatch power and water supply produced from the fuel cell facilities.

The joint venture will work closely with Dubai Electricity and Water Authority (DEWA), Emirates National Oil Company (ENOC) and Dubai Aluminium Company (DUBAL), in assessing these opportunities, and with local funding sources to support the equity and debt financing arrangements for the commercial projects.

Dubai Carbon's and AFC's collaboration under the MOU creates a significant platform for both companies to capitalise on the immediate opportunities for deployment and growth in the hydrogen economy across the UAE.


more....

On the ball there skinny!

Its been a long, long wait - but the news flow is pretty good of late.

Golden cross well and truly stamped.

Big...big...news.....fantastic news.....sp is worth double todays value.....many more contracts to come....superb....

Yes, all positive from now on hopefully.

As it's lunchtime......rns not yet gone around.....effects felt tomorrow.....

60p is the next milestone. Bring it on!

Might jump tomorrow morning ......a few pennies anyway as people will now be aware of another commercial order.....very...very promising.....this might hit 100p way before the end of the year if these latest rns's are anything to go by.....one of the best shares this year no doubt in terms of performance and the AFC staff are really working hard !....great stuff.....my best share for ages.....

FT link - Dubai signs deal with AFC to tap hydrogen fuel-cell technology

Surprised this isn't higher yet.....

At last....wakey...wakey....

i really can't make my mind up about this one - eg does it have medium/long-term legs or is it still just so much hype which will come crashing back to earth

having taken profits in 50% of my DOM sipp holding (that's been a cracker) and put some of those proceeds in topping up TEF (worth looking at), there's still a small lump of cash to play with
hmm!

Regret I have taken profit this morning as need the cash elsewhere.
Only had £2k's worth so not a major holder and would have been happy to let it ride for a while as every RNS sees a rise in the sp. Not sure the technology is appealing to the average investor yet (can think of a number of similar stocks which have gone nowhere), but this one seems to be the darling atm.