http://www.proactiveinvestors.com/companies/news/125129/afc-energy-s-realism-appeals-to-broker-cantor-125129.html
Interesting
The broker estimates the current burn rate is around £7mln per year and some additional funding will be required in the future. Results in 2016 are also likely to reflect the cost of the development work says the broker but from then on sales should start to pick up leading to losses starting to fall by 2018 and a move into profitability in 2019. Cantor sees revenues of £4.2mln in 2017 rising to just under £14mln in 2018. Broker view - Cantor initiated coverage with a ‘buy’ recommendation and a target price of 77p.