Accounts No it’s not. It’s entirely standard practice to give post reporting period highlights. It’s an excellent way of ensuring shareholders are bang up to date.
Accounts Including the July announcement in the end of April accounts review is a bit desperate?
First commercial sale to australia Hello everyone. I looks like AFC might be ok. I shall watch carefully next week. A few old friends are here, Global_Nomad, and pond1. Good luck everyone with AFC. . Loadsadough
First commercial sale to australia There are some interesting statements that have been put out with this demonstration project at Gladstone. These comments suggest that AFC Energy can or are confident they can achieve 4 year longevity. They say that Northern Oil will ‘‘consume all of the power produced within its facilities at a cost better than its existing grid power tariff’’. From a little research I believe that to be about AS$ 0.14-0.15 per kWh. Which equates to US$ 0.11 per kWh. When AFC talk of their work with Dr Nora in relation to 4 year longevity which was reiterated on Proactive Investors this week they say ‘’ Getting the electrodes to run for that length of time would bring the electricity costs down to below the target of US$0.10/kwh’’ Bingo. Also I am pretty sure I saw that the deposit would be for 1million, but can not find again so who knows.
First commercial sale to australia Starting small is probably a good way to go. AFC will need funds to expand if the Middle East mou . Installations like these will get a revenue stream going and also serve to bed down the tech.
First commercial sale to australia Looking again at AFC after a long absence. Any sale is a welcome breadcrumb after all this time. Hope to follow on the up again and this time not all hope and no results.
Major commiserations, Gadams, I find my self in the same boat. This company actually seems to WANT to go bust ..
Oh dear! Investors Chronicle don't seem to rate this offer of 1 for 15. I wonder what they know that we don't.
Beaufort's note from this morning: AFC delivered satisfactory performance in H1 2016. The company continued to receive grants from the EU for its involvement in three projects related to the alkaline fuel cell system and other technologies such as a fuel processing system and a novel ammonia fuel system. AFC completed Milestone 11 and achieved a gross electrical output of 204kW from the KORE fuel cell system. The completion of this milestone provided significant technical and operational data, which has enabled the team to fully assess and identify further areas where enhancements can be made to optimise the fuel cell system. Meanwhile, AFC is progressing well for developing further strategic and technical partnerships for new power projects in its target markets. The company remains fully funded owing to grants received from EU and raising through offer for subscription. We are buoyed by the company's progress at the KORE system and await future updates on it." pulled from Research Tree
Given chat has died down I'll post my first comment to see if this sparks some debate - given the previous posts about hydrogen derived from seawater powering AFC cells with pure water as a bi-product, could this be the future power supply for large ships - eg: cargo / cruise ships (also drinking water with mineral added to 'pure' water (or showers, washing etc without adding minerals)? This 'Hydra ship' is powered by a 5kw AFC fuel cell - [link] This would be an interesting alternative market.
share price predictions come close tomorrow?
27.95 close?
What's MMs?
I wonder if this share price can go back to the same pice as the old days? Any opinions?
Why did the. Share price go so low in the first place?