Member Info for Garonne

MMs keeping this down to kill any rally. They clearly don't want it above 13p! Maybe they're keeping it low in anticipation of having to release it post results. It's definitely a disappointing morning so far after such a watershed RNS!

JD now green! 🍀

Looks to be edging up now, cool. Maybe a short squeeze coming. I'd love that 😊

Disappointing shareprice reaction. Seems the market has a downer on green hydrogen stocks atm. I think today's news is virtual proof of concept and very significant so I was expecting a bit more. 😔

I'm surprised at the muted response to today's RNS from the usual suspects

John Wilson, CEO of AFC Energy Plc, commented:

"We are delighted to have agreement from the Environment Agency to enable the export and sale of our own low carbon hydrogen produced from our ammonia cracker at our Dunsfold facility. This accelerates revenue generation for AFC Energy, from hydrogen production, by a number of months."

John Wilson is certainly pleased. I think he's finally going to deliver us to Elderado!

"AFC Energy continues to work with its Joint Venture ("JV") partner, Industrial Chemicals Group Ltd (ICL), to establish hydrogen production, through multiple Hy-5 ammonia cracker units from AFC Energy (each capable of producing up to 500kg of hydrogen per day), at ICL's facility in Port Clarence, Middlesborough. The JV is engaged with the UK Environment Agency at both local and central levels to create a framework for future deployments, across the UK, of AFC Energy's future Hy-5 units through accelerated permitting"

I like that bit. The JV is clearly still in full swing, which is great news and now with the Environment Agency on board, I think we're in business!

Well done AFC!

Thanks for the knowledgeable insight guys. I feel somewhat reassured as a result. I guess it's a case of more patience!

Wish I knew, Ammu but it's behaving like VOD did when it crashed all the way to the low 60s. It was just relentless and this feels the same. I suspect shorters are at work here destroying shareholder value as best they can and with this new or existing holders are reluctant to add more so it keeps going down! I mean, I would like to average down but I've lost all confidence in it so won't unless it really falls.

Sure why this is constantly falling as it is consistently profit making? Wish I'd sold up for a small loss last week. Unfortunately, said loss keeps growing making it harder to bite the bullet but it's clearly going absolutely nowhere atm! 😔

Looks like we're going to get 12p again before we get 13p! 😏

Why not if there's a positive RNS?

Creeping up! 2p pre placing would do!

I think if we can crack 13p the SP could ascend well into the teens before next week's results and if the outlook is on track then back into the 20s! Hopefully, this does not turn out to be wishful thinking 🤔!

It needs to be higher than the placing price, Kevin otherwise no-one will take up their allotment as it would be just as easy to buy them on the open market if the price was the same or better to do so if it was lower thus defeating the purpose. Seems obvious really!

Putting the boot in again whilst conceding a better SP at 85p! I think they must be shorting this. Reminds me of a bloke called David Perry working on behalf of JP Morgan who kept insisting RR was only worth 70 something pence even as it began its rise. He eventually had to change his forecast to £2.50 or something! I see similarities here with GS (not saying it'll get to £2.50!) I'm back in here. Must be a masochist!

Sorry, wrong board! But you could say the same for RBC's 375 "outperform" forecast!

Putting the boot in again whilst conceding a better SP at 85p! I think they must be shorting this. Reminds me of a bloke called David Perry working on behalf of JP Morgan who kept insisting RR was only worth 70 something pence even as it began its rise. He eventually had to change his forecast to £2.50 or something! I see similarities here with GS (not saying it'll get to £2.50!) I'm back in here. Must be a masochist!

Yeah, must be SM. Good old David will hopefully be our saviour! 🤞 Thanks David! 👏

So who acquired the 50000000 shares? It all gets rather confusing! It's a positive though as if investors are happy to sink £500000 into this, the future looks bright!