Member Info for Bananaman2

Don't know how many times in 11 years I have read people post that they are selling out because the SP is dropping. Yes its uncomfortable but it just makes AFC look ridiculously cheap in comparison to peers. How many times have people sold out and the following day something changes and they a re locked out at that price. Its a chance you take and not a chance I have taken in 11 years. You are either a trader or investor.

3 November 2020

AFC Energy PLC

("AFC Energy" or the "Company")

Year End Operational Statement - October 2020

AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to provide its Year End Operating Statement for the year ended 31 October 2020.

Highlights

· First commercial agreements signed with >£1m in revenue contracted

We had a partnership with Ricardo announced on less than 10 days ago and a major partnership signed and announced on December plus the BK Gulf manufacturing partnership and a new assembly facility. What news are we looking for now ? This constant drip drip drip is a disgrace. The market does not respect AFC in the slightest. Ricardo and ABB is news enough for me but oh no, apparently we still need more. This looks like a orchestrated drop to allow some in at a lower price as this is going to be one hell of a company. Yes, AFC could tell us more on testing and delivery of Extreme E, but they haven't. We are all pi5sed off by the continuous drop in SP, I guess we will have to be pis5ed off until something changes. Not sure what else can be said but keep the faith and in 6 months time I think this will be a very different story.

Most of my PF has taken one up the 4rse today. Not been very enjoyable to watch. You would think that having a little diversity would stop such volatile days but it hasn't. EQT is equally my number 1 stock and perhaps this year will be the transformational year in respect to delivering the pipeline of business.

I do, yes. Lets talk about resistance at £1.47 (£1bn) now ! Then we can laugh about that in a few months time.

That is a valid explanation Der Sack. Now we should be looking to recover some of the loss after closing the gap to 65p due to the further announcement of the Ricardo Partnership which targets Marine, Rail and stationary power. This is also significant and caused a second rise to 87p. AFC are now starting to look very cheap again considering what H2 2021 will bring in relation to ABB and Ricardo. Its incredibly difficult to stomach when you have a considerable holding but ITM went through exactly the same thing up to £2 back to £1 rinse and repeat. Personally filter the nay sayers and block out the noise. Significant news is likely around the corner. We don't know what that will be but AB has delivered the partnerships AFC need to progress. If I had the stomach for it I would be looking for a decent entry/top up price. I prefer not to stress myself out any further as the volatility and constant drain is to cause anxiety and free up the loose hands. Holding tight and waiting for the next Boom moment.

naz. I don't think anyone can really answer that. Reading Eqtecs response I cannot see how Aries have a leg to stand on. I read the previous submission by Aries and thought they had changed their stance a little and moved away from the gasifier specifically infringing. This would be down to prior art as has always been discussed on here. To pursue this route would be business suicide as they could find themselves without any patents. However, moving to a wishy washy approach has removed all credibility of their claim which Eqtec have clearly pointed out. To that end, I hope for DP and the management team that this is just dismissed with immediate effect and they can move on. I also hope the court award all costs to be paid by Aries as a penalty for wasting the court and Eqtecs resources. What a bunch of chancers Aries are.

EV charging sector.

I think including ABB anywhere would add some weight to the AFC system. It is a perfect way to demonstrate acceptance of the system by a major organisation in the EV sector.

I have that nugget on filter but get the gist if what he is saying. Kind if can't lose can he. So he is selling down from an imaginary pot of 1m shares and is the cause of the drop. However, should the price rise unexpectedly he would still be holding more shares than most and would be a winner in the rise. What a legend or is that bell end ?

If its dismissed they have not won the case. It has been dismissed. However, I cannot see that you can simply go around making claims against businesses without having to pick up their legal bill if they have to defend themselves and the case is dismissed. It would make things too easy for the claimant.

FCI, Frustrated yes, worried about the future no. More confident now than ever before. Can't be classed as a weak hand here but I have made the cardinal sin of becoming emotionally attached to my AFC holding and I am willing it on to success. Success here would mean more to me in an emotional sense than financial sense. It would mean that 11 years ago I stumbled across a cracking little company that were going to use waste hydrogen in a 3kw system. Now they are looking likely to be a beast in the fuel cell sector. I just wish they would get on with it.

Alkamem was stated as being highly effective months and months ago and exceeded expectations. Why are they not getting on with the solid system. I can see this being commercial available early. As a membrane for electrolysis, I would hope that would not be too far in the distant future either.

FCI. Cant disagree that there is a force on the SP but it doesn't make sense. How can AFC be valued at 90p plus then fall to 71p after a further partnerships which will lead to multi system sales ? Suffered this for 11 years now and it gets tiresome.

Avoided this board for a few weeks. Just couldn't stand to read some of the ridiculous posts. Also get sick of the BTC doomsayers. It has no value, Its going to zero……...Blah blah blah.

ARB has caught the attention of the market. It has had re-rate number 1 and retrace number 1. Wave 2 is starting and this should be more powerful. As I said earlier £2 is a good start based on current BTC levels and some of the additional hashrate. By June Hashrate will be twice todays and BTC maybe higher also. What we are expecting from the SP would be much higher than it is currently that is for sure. ARB may even pay a dividend per share greater than your average share price. Who knows !

You sound like a chancer Moneywise, just plucking figures out the air. TheeDuke has been in since sub 4p so what does he care what you think. It could be 80p it could be 90p. What is apparent is that the trend is up.

GVH, don't tempt fate. If there is an RNS tomorrow at 7am which is for a dismissal then fooking great. Imagine the disappointment if there is not ! Again, we are making too much of the court case and giving it way to much emphasis on EQT. EQT's success is not dependent on the outcome of the court case dismissal today or next month should it go to trial. I would love to see it thrown out and put it behind us. It should have a material impact on the SP if that happens based on a change in sentiment but lets just relax and see what happens. We all know what we think the outcome should be but we are not the judge.

Now why would a miner buy BTC? Can't get their machines quick enough ? Price gone up of machines ? Whatever this is good for BTC and good for Argo

https://www.theblockcrypto.com/post/92378/nasdaq-marathon-patent-group-buys-bitcoin-btc-treasury-reserves

£2 is a good starter target after exceeding the recent highs. That kind of prices in some of the additional hash rate but certainly not all of it which will be installed before the start of July. To think that with that additional hash power, BTC may even break out much higher and Argo will be in a very good place having considerable mining power installed over their peers. I would like to think in combination with an increase in BTC and hash power Argo will be going a little higher the £2 in the medium term or 6 months down the road.

CGNR (Conroy Gold) have also had the same RNS this morning and seen the same drop in SP. Conroy are about as Irish as they come and have also stated a migration to Belgium. Still trading on AIM but just migrating the settlement to Belgium. No big deal

That's it, just FFS