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There seems little doubt that AFC is no longer the innovator in this space. The Gencell article is compelling and large contracts being signed.

Where the hell are AFC??

Well that’s September done and dusted. Stunning progress on all fronts....news, communication and shareholder value.
Well done AFC!

Big market, but a lot of vendors in there already.

HI BumbleB.

Fully agree that that is the list that was promised. or "expected". Only three months to go, so it will be a busy time for AFC writing all those RNSs.

If they fail to however I'm with Silures.

Fingers crossed. Can't be long now.

Yet another day with no news whatsoever from AFC. We will soon be into the final quarter. It beggars belief frankly.

That would take us back to 8p then. Great.
Anyway that was back in 2015 when AB still had to pretend he cared about PIs.

Is anybody able to evidence one single positive action or influence Rennocks has had since he became chairman? Is be what AFC needs.

And how do you justify a £400k salary for the CEO of a company worth less than 30 million?

It will be interesting to see how the board address this....if indeed they bother to.

Expect an RNS very soon. Something is causing this fall and volume and it has leaked. AFC will have to either confirm a reason or say they don't know what is causing this.
The lack of news following yet another year of promises is simply staggering.
Very disappointed.

Some of you may recall that our last CEO was President of the European Hydrogen Association which also had some pretty big players.....Shell and Air Products for example. Let's hope this relationship has a more positive influence than that one did. I'm finding it quite hard to get excited about this RNS.

....but possibly not the one we were hoping for.

I think one has to be concerned RiskyBusiness. We have had so many periods over the last few years where the promises have translated into absolutely nothing. In the context of the complete lack of news one can understand why the SP is so low. The market has been given no certainty at all about technological progress (exactly how long do the things work for, and how long do they really need to work for), contracts (we are promised much this year, but 200Kw in Oz isn't going to pay the bills......it might just about boil a few kettles) and manufacturing (will it be De Nora, Mattel......who knows).

This is a simple binary bet now. You will either lose your investment in the relatively near future, as a lack of news will mean a downward spiral and that news has to come now, or you will make a lot. With the Sp at around 8p, but historically between 10 and 60p on just hype, the right news will render this a multi-bagger in short order.

Having listened to what AB has to say, looked at the reasons for the delays, and chosen to believe AFC's protestations, this is now on the cusp of success I believe. Should there be nothing of note from AFC by Christmas I will be very disappointed and feel that my faith has been badly misplaced and will take AB to task accordingly. Given my feelings and the stupidly low SP (which I know AB feels is ludicrous) I have purchased just under 100K this afternoon (in two aliquots). Sound judgement, brave or stupid? Time will tell......

If the mood music and comms coming from AFC this year are accurate, the next three months should be very significant. Let's hope the SP feels the same way!

Very helpful post Purplebagel. Many thanks

Southernhay. Look at PurpleBagel's post. It should be immediately apparent to you that it was his post I was quoting (biggest news in years). This and the timing is SP sensitive and to make such a comment in a call to a PI would amount to insider trading on privileged information and is illegal. So I say it again. Really? <br /><br />I have been around these boards and in AFC long enough (ten years) to have seen it all before. I have not seen a SP in the 7's for a very long time.<br /><br />If AFC is really about to release such news they should be warming the city up to it and things should start appearing in the press and so on. <br /><br />I'm sorry if you thought my post was aimed at you. If you re-read it you will see it wasn't.., But mentions of a big contract at a defined time to a PI on the phone a month in advance. Adam understands the financial rules better than that.

So people ring up AFC and are told that AFC will be releasing their biggest news in years in a month. With the clear implication that this will alter the sp.
Really!???
This would be illegal.

That won't be very hard...it could be the only news in years.....

Problem is BumbleB that they are right. This years raft of promises has thus far come to zero, at least in terms of shareholder value. It is nearly September. One wonders if it simply isnt coming together for AFC given the lack of announcements on longevity, manufacturing etc. Lots is hints but absolutely nothing of substance. If I were looking at this share for the first time I would hesitate.
It really is time for AFC to pull a finger out.

I agee Kitesurfer. The MMs have a duty to make a market, and if there is little buying pressure this results in their dropping the sp to create that market. If there remains a news blackout through September and October then I think we can pretty well write off 2018 and with it whatever credibility remains. However AB was very confident of contracts and announcements, any of which could trigger a SP re rating. I'm prepared to take him at his word and hence expect significant news in the next 4-6 weeks. And hopefully an SP of 20p+ rather then 6p!

I see that Ceres, a company that was pretty well dead a year ago, has today announced a significant collaboration with Bosch and a £9m equity stake that has been taken by Bosch. They have a stable of impressive international partners who obviously believe in their steel cell technology.

Very different market and product to AFC I know, but one wonder why we seem still not to be able to gain the traction they have in a considerably longer period of time. We were promised much in 2018 by AFC (and in 2017, 2016,2015 and 2014) and it is nearly September. If we don't see contracts, technological progress and manufacturing deals very soon we can write the year of as another one of missed promises. I hope that won't be the case!

Errr.....not exactly. Low volume.....biggest purchase was 150k shares.