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Billingham is not the jewel in the Crown here. I would be looking at Deeside as possibly the best opportunity and furthest down the road.

Billingham has been on the cards since 2010 when AFC Energy were involved and intended to provide 20Mw of fuel cell power. That died a death but the project still exists. If its needed it will go ahead.

I completely understand the frustration and pleased they are still holding some. Wouldn't be the first time I had sold in frustration only to see a decent rise the following day. Its happened more than once to me

bet poptomist is pleased after selling a chunk of these yesterday

Perhaps DW this manufacturing partnership is to service the middle east and Asia only !

Yes, at last. A 0.5p tick up on the bid.

Its not AFC which is a dog but perhaps your entry price which has dogged you.

Malachi, The balance of plant is what BK Gulf will manufacture and is mainly the auxiliary equipment and supporting component parts.

What is interesting is that they have capacity to manufacture several hundred per annum. I would imagine that the BoP is similar regardless of size of fuel cell system. So why would AFC need to state that this is capacity if they do not intend to utilise the majority of that capacity.

Could we see several hundred orders for 160kw systems ?

Oh dear. There are some on a downer and very sceptical.

Sprogbarnes, what was the date for the Dutco RNS please. I would like to have another read of that. Many thanks in advance

We shouldn't forget that its the shareholders that have funded AFC to get to this point. Its been a very bumpy ride but AB is starting to show that he is the man for the job. The tricky transition from R&D to commercialisation

Either that or the UK will see its Hydrogen specific companies partnering with overseas forward thinking customers. UK is certainly up there with the best tech in the world.

I would like to think momentum will take over here. AFC seem to be progressing well. Having reread the interim yesterday I really believe AFC will be making several strong announcements before Christmas.

Today's is a key piece of the jigsaw.

Its a trial but not to check it works. Its a trial based upon site logistics.

The H Power system has been trialled and tested to death.

This is a great piece of news. BK Gulf can manufacture several hundred BOP per annum, and AFC expect to place multiple system orders based upon current pipeline shortly.

How can anyone still take a negative from this.

PNK50. Let's see what the change in margin is for the month. Thats where the leveraged rise in SP should come from.

I agree that BTC and ARB have risen the same and ARB is less volatile but where ARB will benefit is by mining the same volume, a rising BTC price and an increase in margin.

I agree, but green tech will also be very prominent

I don't think I could hold myself to it.

Revived interest in the sector, news of funding for green tech, AFC with commercial orders for 3 variations of the fuel cell system, green economic recovery, huge disparity between AFC and sector peers.

Perhaps a combination of the above. Just read the interim again and you may get the feel that there is more in the tank with an imminent impact.

SPs do rise on no news, its a return of good sentiment. The SP should not have dropped below 25p but everyone was obsessed with COVID stocks. Now not so much. The next big thing is the renewables and green tech. Its always been there but the stars are aligning and a perfect storm brewing. A Conservative target of 68p from one of the brokers would be a great start. With some news of further orders we could be closing that gap in CWR and ITM further.

50p is just 1/4 of CWR MCap and roughly 1/5 of ITM.

And ITM made a £29m loss last year with £3m of sales. I will say no more.

Free trades. No dealing costs perhaps.

Haggis, haven't seen you post for a while on here. Great to see you back.

After 11 years this Christmas this is the most confident and positive I have felt about AFC. The ducks are aligning and a perfect storm is forming.

Yes, paying to export our rubbish is senseless. EQT have the solution.