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I see Peterperfect is ramping the opposition again.

It would be even nicer if they hit one from time to time!

...meant that the board should jolly well have some answers.

Quite right Beachandsurf.
The bid has just dropped to 3.08 and this board jolly well has some answers. The market certainly appears to have no confidence in the imminent AGM to signal any change. We could well be in the 2s by Tuesday.

Not only will I be there, but I will be talking to Bond and Rennocks 1:1 and they will be very aware of my thoughts.

I wish I had a pound for each version of your post I have seen over the last ten years RiskyBusiness

Bond should already be sweating at the prospect of this AGM, but don't forget that Rennocks is as much to blame.

Re an earlier point re Lisa Jordan. Don't bother. She is totally beholden to the chairman and a waste of space. None of the NEDs recognise their responsibilities.....they are puppets.

If Bond does not come out of the AGM chastened and humble the PIs present have not done their jobs. Please ignore his silken prose and promises of jam tomorrow. Ask specific questions. Do not accept politician-type answers. And do not leave until those answers are forthcoming.

30th April should be Bond's day of reckoning. He needs to perform.

Nail on the head Notes. The TUVA website must be the weakest of any commercial or professional site I have ever seen. Why would you do business with them? An eleven year old could have knocked it out during his morning milk break.

As a shareholder, I despair.

Sorry PeterPerfect, but this seems to be another of your irrelevant posts about a different fuel cell company on the AFC board.

What is the relevance of a decision made nearly 40 years ago in the 1980s based on the technology available at that time? This has about as much relevance to AFC today as the colour of my socks. Are you de-ramping perhaps?

Thanks for putting the link in Sharesport.

Although AFC is not mentioned by name, this sort of article must be good. Investors will look at Ceres, but hopefully will also look at other players in the sector ie AFC. With a developing technology on the cusp of commercialisation (according to AB...although I think he also said "I love you darling when I last saw him) this must appeal to some as an excellent entry point....MCap of £14m for Pete's sake! Let's just hope the recent funding has the right intentions behind it.

Interesting to note full page article on Ceres and fuel cells in Mail on Sunday today. Notes the potential for fuel cells in the future, but focuses on Ceres' offering and says the shares at 175p and a MCap of £265m are a buy.

No mention of AFC (or any other fuel cell company). But imagine what a MCap like that would do for our SP!! We would be at about 70p! Ceres is still loss making.

Many thanks for your sensible analysis Purple Bagel. I agree with your positives. There may be a short term fall in the SP to reflect the funding price, but I suspect it will be just that....short term. In the past such funding at lower than prevailing prices has always led to something of an SP re-rate.

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AFC Energy Plc (AFC)
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Tuesday 09 April, 2019
AFC Energy Plc
New High-Power Density Alkaline Fuel Cell
RNS Number : 5051V
AFC Energy Plc
09 April 2019

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.



9 April 2019



AFC Energy PLC



("AFC Energy" or the "Company")



AFC Energy Announces High-Power Density Alkaline Fuel Cell



AFC Energy (AIM: AFC), the leading alkaline fuel-cell power company, is pleased to confirm details of its new high-power density alkaline fuel cell technology. The new technology has potential use in applications where space and weight of power generation are important considerations and will sit alongside and complement its existing large-scale stationary fuel cell system.



The new alkaline fuel cell platform has been developed over the past 18 months, with patents filed, and incorporates a solid anion exchange membrane which enables:



· quicker response times

· far greater power density facilitating reduced system weight

· smaller volume and footprint whilst still maintaining high efficiency

· ability to accept lower grade hydrogen fuel sources as evidenced across AFC Energy's existing alkaline fuel cell platform



This fuel cell system will open up new markets for AFC Energy where high-power density and reduced weight, volume and footprint is beneficial to customers' needs. The technology will also be able to integrate into AFC Energy's Electric Vehicle recharging and e-mobility solutions where several commercial enquiries have been received since its announcement in January 2019, as well as supporting smaller scale off-grid power generation and system backup.



AFC Energy has developed a large portfolio of know how around the new system, much of which has the potential to be transferable to other applications such as alkaline water electrolysis. Initial testing has been completed using the anion exchange membrane in non-core fields and discussions are underway with potential partners to jointly commercialise elements of the technology in applications unrelated to fuel cells.



This system will undergo prototype development, which if successful will lead to scale up over the course of the next 12 months. Similar to the existing alkaline fuel cell platform, each fuel cell module is expected to be sized at 10kWe output. The final sizing of the overall fuel cell unit can then be set based upon the space / weight / footprint considerations required for the envisage

But as a significant ie greater than 3% shareholder any significant change would have required a savings RNS. And his reps eg Jordan are still on the board. He must be fully invested still.

£14m for 106 cars. That's scandalous.

The problem is that the most important part of the IP is the electrodes and, as I understand it, one half of the electrode pairing (can't recall if cathode or anode) is De Nora's. I can't see De Nora allowing this to be held by a third party, especially if (as AB said, not that I believe a work that comes out of him) the AFC application could increase the size of their electrode business by several times. That effectively makes de Nora the only game in town.....and we need them more than they need us.

I would really like De Nora to buy in. it would validate the technology. But not at any price. 30% at 10p would be acceptable to me....the sp would react accordingly. AFC would be funded for at least another 18 months, MCap would rise, and the tech would be indirectly validated.

Apologies to BumbleB if he considers this a deramp.

Looks like we have been kicked out of Stamford Bridge!

https://investegate.co.uk/afc-energy-plc--afc-/rns/notice-of-agm/201904050700052164V/

It's not a difficult share price to knock!

I think you may have spilt something on your keyboard Desertwolf. It seems to be short circuiting.

I've mentally written AFC off now. Anything salvaged will be a bonus.

Bumble B

I have no "agenda" so please do not post lies.

I have been invested here for nearly ten years. I have a large number of shares that used to be worth something. I don't feel guilty at using this board to vent my frustration. I am not a deramper. But i am totally hacked off.

I object thoroughly to your assertion. I am certainly not obsessive (presumably you consider yourself obsessive as you have 7331 posts as opposed to my 262) and your accusation that I am part of a professional campaign is unfounded (please show your evidence) and medacious. An apology is in order, though I suspect won't be forthcoming.