Member Info for Garonne

Hopefully AB can orchestrate one more pump so that I can get out. I think the way they've gone to ground after getting the money sorted shows their total disdain for shareholders. This company has only ever indulged in pumping the SP with dubious tales of great things ahead but has yet to deliver any of it! I feel like I've been hoodwinked.

Hope you're right Bananaman2.

I guess we're hurtling towards crunch time. if the transformational RNS doesn't appear soon I think markets and investors will draw their own conclusions. You can't keep promising jam tomorrow ad infinitum. At some point you've got to produce the goods. With each passing day of no news my confidence in AFC achieving the delivery of saleable products to paying customers diminishes that bit more.

The silence from AFC is deafening! After all these years no-one is any the wiser as to AFC's chances of commercial success. That's a sad indictment of this company and one for which AB and others should be ashamed of.

Or you could put it another way i.e. now that they've got the £31 million they can go back to treating shareholders with contempt.

*Green energy industry.

Being an AFC shareholder is definitely an anxious experience. I admire your positivity junior but this BOD don't instill confidence that all will eventually work out with their poor comms. In fact even the social media stuff, which served as a crumb of comfort, seems to have stopped completely leaving SHs to live in hope that the products really are marketable and desired by the renewable energy industry.

Problem is AB deliberately helps create these spikes when he wants a placing away impaling mugs like me in the process.

Your logic is sound Heath. Maybe I need to stop looking at the SP so much! Hard thing to do though when one's paper loss is a constant irritant!

I guess not Heath but I'd like to see us back towards the mid 20s whilst we wait for news. I feel a bit more comfortable there!

Correction: "commoditised consumable"

And the normal down trend resumes. Shorters winning again. Part of the issue I have with AB is that before during and after the roadshow he never intimated that orders would take months and that that the product isn't a "commodities consumable" for which a simple "buy" applies as he proffered in the interim report. He also asked us therein to be mindful of a reasonable time line before sales but didn't say what that might be. This sounds like an excuse to me for the lack of news on proper sales or even progress towards said sales and it's starting to concern me. The smoke and mirrors routine continues unabated.

Nice to see some blue today. Here's hoping it continues. I've had enough of the red for a while!

Fair point Risky but tempus fugit as they say.

Just noticed my erroneous single letter post. I'm posting from a mobile which is quite challenging. Please ignore.

I was subtly alluding to AB's perceived credibility or lack thereof SonofaGun as you have just confirmed with your "pince of salt" comment. More importantly I fear potential shareholders don't believe him either, which clearly puts them off buying in. If he doesn't deliver soon any remaining credibility he might have will evaporate and with it hopes of a decent and sustainable rise in the MC. Nevertheless, I still remain hopeful that he will deliver. Just!

P

AB was clearly ebullient when announcing future potential in the interim results as quoted below. Well we're now deep into the second half of 2020 so if Adam speaks the truth we should start to see potential growth turning into actual growth imminently!

"We anticipate that in the second half we will continue to make large strides forward benefiting from a wider technology platform, growing project pipeline across key target markets and new enquiries from strategic partners financed by a strengthened balance sheet. These factors, together with the commitment of AFC Energy's"management and staff, places the Company in a solid position for the realisation of its growth potential into 2020 and beyond".

30p would see me in profit (unless I summon the courage and buy more at these prices) but if it really started motoring I'd sell at £1.

I hope not yellow!