Member Info for Daz9643

i wasn't suggesting progress hasn't been made, it clearly has on several fronts, although still no news of orders which considering we are almost ready to launch i find incredible. My point was that AFC tend not to issue RNS's and save everything up for when they have to report.

History suggests we won’t hear news now until the end of the year and that’s only if AFC manage to stick to their latest timescale. The only other RNSs before then are likely to be shareholder notifications or announcements of more free shares being given away to directors. I really do hope AFC prove me wrong but unfortunately I have very little hope left now after so many failures.

Hi Bumble, it's been there since the upgrade but it's not accurate as i can't see shorts on any share i've looked at

Let's all keep quiet about the £14k sell and focus on the 1 share buy :)

I have mirror Notes and i've looked at the man in the mirror and i'm looking to change my ways.

AFC Energy Half-Year Loss Narrows, Excited By Prospects
Fri, 26th Jul 2019 12:15
(Alliance News) - AFC Energy PLC on Friday reported a slimmer interim loss as it looked ahead to a "very exciting" few months.
I'm sure we've all heard this before many times....change the record and just tell us when you've sold something.

i thought some time ago we were told we were well on the way to 4 year longevity, but it seems not.....
and when we have reached it, will we then be told its only for small systems, not the larger systems as before ?

Really Sharesport ?
Nothing new other than confirming that all timescales previously announced will be longer than initially intimated at, Q4 is now by end of the year, so when q4 could have been Oct to Dec we now know the earliest it will be will be Dec unless of course that gets delayed....

Maybe when we actually have a product for sale we can discuss this further but it's difficult when we're not selling anything.
Not long now though, Q4 gets ever closer.

the bit still missing is unaudited preliminary results to 31st Oct 2018 had cash in bank of £2.6m, if we burn £400k per month we should have had £0.6m in the bank but we have £1.4m, does this mean we have receievd £0.80m revenue from customers ?

Thanks Pepe,

Notes, already included in those figures -
£1.4m Cash at Bank (31 March 2019)
£0.8m Fundraise (April 2019)
£0.6m R & D Tax Credits

I still maintain by my calculations- £680k by end of July, so 1 month funding left.

Me too Mike, just hoping we get a dead cat bounce so at least I can recover my last waste of money. Regardless of whether the EV charger is a success this is an example of how not to run a business

They should have the flow plates soon. The announcement was on the 26th June -
Advanced Plastics will be responsible for the procurement of industrial moulding tools for the flow plate manufacture, which are expected to be procured under the Agreement over the next few weeks. The industrial moulding tools, once received, will enable AFC Energy to commence the ordering of flow plates for system deployment.

7.4Kw max for most uk homes it says, which is 30A, i.e the same as your cooker cable rating.

We can blame whoever but ultimately DO NOT build up expectation with comments like -

The next 12 months (and indeed the next quarter) will no doubt carry a number of challenges in meeting a highly aggressive deployment programme, but as ever, I remain confident of success. - from March 2015 - 4 Ffing years ago !!!
If he knew then we didn't have a commercial product why make that comment to investors ?
If he thought what he was saying was true then the internal comms in the co. must be abysmal !

they've received a commercial order for replacing 800 diesel gensets , very nice.

What are we doing ? How long before we will announce something like this ?

p.s fix your website, it's a disgrace.

I agree with everything you say jgbb except this time we havea definitive time period for completion, Q4, if this doesn't happen AFC will have no-one to blame but themselves. By Q4 we will have our first product in the marketplace.

Unfortunately it still seems a child is responsible for the website, under risks, key personal, geez !
If AFC want me to proof read their website I will gladly point out the errors, they've already corrected 2 I've pointed out on here, and the good news is ill do it for half what they pay Bond

*signed off with warranties