Member Info for Daz9643

Maybe they want to keep it low profile just in case there are problems. If the tech works and they can deliver, and the customer saves money then they can shout about it.

from the article - 'Southern Oil Refining, a subsidiary of Northern Oil, sent a commercial order for the hydrogen power generation unit for Australia to industrial alkaline fuel cell power company AFC Energy earlier this month.'

Once again, it's a bit ambiguous - AFC Energy, following receipt of a non-refundable deposit within 5 business days of the offer, shall commence a brief engineering study to confirm the system sizing and logistics for integration of the hydrogen power generation unit fuel cell system into the refinery. This exercise will allow finalisation of the AFC Energy system design capacity and its final system costings, following which a binding sales and lease agreement is expected to be entered into.
It doesn't say 5 days from recipt of order, it says within 5 working days of the offer. It also seems that the order is not binding, only the sales and lease agreement which has not yet been entered into.

Give them a chance to get to their desks and check the bank account

turnover to mar 2015 was $16M, this has added $200k from Ratholes figures (so definitely worst case!), it all adds up, and this is just to get money coming in. As much as i value Ratholes information it is always worst case senario, if fraccing takes place this figure could be a lot better.

And there it is at 7.16

And all the while, down she goes. Probably someone selling who wants to get something back rather than risk losing everything. Maybe they've had enough of trying to keep the faith while being told of great things to come, regular updates on the way, etc etc but the reality is NOTHING, they have nothing, if they have - prove it, show us the orders.

Smoke and mirrors ? Really ? look at the 3 month chart !!!

Wrong bored

funny how new terminology only surfaces AFTER the job has been completed.

Betamax was way better than VHS but VHS was first to market and thus dominated

Probably Adam Bond shorting the stock

Any other Flow customers on here ? I recently switched from Flow to AN Other, have been providing readings every month as i was told it made billing more accurate, now have a �225 bill as i've been underpaying ! Phoned customer service, was told that a review is done annually, so i asked what was the point of giving readings every month then ! Not only are they p*** poor at design and manufacture but they are also p*** poor on the energy business as well.

So, if, according to TK appraisal wells typically have a 1 in 10 chance of success, then for all 3 wells, Topaz, Jade and pearl to be a success the chances must be 1 in a 1000 ?

SGC do not care about delays, as i said before, it's not their money. Listen to Rathole, he is giving a valuable argument.

i would encourage everyone who hasnt looked at the presentation to have a look. I have to say just from reading comments here i was left feeling it was all doom & gloom, the presentation has changed my view, this year will be amazing. one comment stood out though - 'however, the challenge for AFC Energy is the often very low price of power paid by industrials through Government subsidies or direct deals with the power companies due to the high volume of power consumed.' As each year passes the focus is more and more on reducing environmental harm, the tipping point will come and AFC will be there in the driving seat.

We've also had news that they're interested in developing a fuel cell ! Hahaha Seriously though, I think this will be the AGM we have all been waiting for, and we will get a continual good news flow afterwards and rapidly increasing share price.

Could the lovely posters who keep saying do your research explain what the technological advancements are that have made this a better prospect in relation to the 3 risks you mention, being - coping with high gas pressures, mud losses through natural fractures drilling through the hard shale rock formations.

My first EME trade many years ago was at 60p, i've been in ever since, making small profits trading. I like many here bought in at the top of a rise thinking it would go on forever, when EME finally came good they kindly made a return to investors of 6p i think it was. The share price immediately tanked to 2p, i used the money returned and bought in at 8p before the recent rise and have traded a bit here and there, so despite the initial error i'm doing much better. EME will never be valued at mega $$$, it will only be a share to trade, be careful not to get caught at the top of a rise. I've often wondered why this amazing resource has gone untouched for so long. I'm not denying there is a lot of gas in the ground, so why aren't the big players having a go ? I can only assume the risks are high and the rewards are low (low for them, not for EME), but don't forget EME are not risking their own money, they're risking yours.

I would say Ratholes posts are becoming more informative rather than previously when they used to be just negative, i certainly wouldn't ignore and would take a more balanced view, taking his comments on board with all the other posts. As Rathole says, China is already old news, the price sensitive news has already been and gone.