Member Info for Silures

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Will we go sub 15p? the FTSE looks like taking a dive soon which doesn't bode well for our chances of a recovery. Have to hope that we get regular good news to keep this up, starting with Acciona delivery shortly.

Bumble3 has disappeared a few months ago I think, and hasn't been as prolific a poster as Stockcheque for a while.

Where has he gone?? Very mysterious that he's disappeared at the same time as AB leaves the company. Were they one and the same, or just too upset to post?

Having read todays interim report, as previous posts have mentioned, nothing has changed in terms of outlook:

- Acciona delivery confirmed to madrid within a month

- Further Speedy orders

- TAMGO order from Saudi Arabia

- Ammonia cracker partnership announcement

So still plenty to look forward to, and pleased that some of the questions being asked recently by investors have been answered in the report. One door closes and another one opens...

There is cause to be grateful to AB for saving the company 10 years ago from what could have been impending collapse, with the products unable to perform as expected. He may also have had to spin a few (quite a few) yarns to keep the share price and interest high enough during the years that the system was having a complete overhaul. So in those respects there is gratitude. However, starting since the "Worlds first Hydrogen Electric Vehicle Charger" RNS and the infamous "Dundee Dash", AB's interviews and RNS's have been overly bullish and misleading, and this has caused myself to lose trust in the CEO, which is never a good sign...no smoke without fire as the saying goes.

I am now looking at todays announcement positively, as hopefully the AFC board will appoint the new CEO who will take the company to the next level, and keep shareholders updated with accurate news whether good or bad.

Maybe TAMGO have leaned on the board and aren't happy with the speed of progression.

Half pence rise on a day when a manufacturer has been RNS'd says it all really. everyone's just a bit fed up of Mou's HOA's and all the other pneumonic's that offer little financial substance and just make me as uncertain about this investment as when this was 5p. I get that things take time but AFC have been touting a growing pipeline of orders for years.

Good to hear about manufacturing progress. Now for updates on SHS and Acciona deliveries please.

Exactly Daz, we seem to have orders for an amount of units that we're nowhere near ready to supply in-house by the stated deadlines. Are these deadlines now achievable or were they just another AB fabrication not to materialise? AFC need to confirm this soon.

Which is exactly the sort of information that shareholders should be privy too.

SHS has committed to £2m order of systems in the first 6 months of 2024. So do we know how many systems this equates to?

I wonder if Helikon will consider reducing their short if it gets much lower. Surely it won't go below the recent placing price unless there's further delays or problems arise. This company needs to announce deliveries on targets and firm orders from the ever increasing pipeline of interested clients.

Must admit I did not expect to be mid July and still don't know if Acciona have received their system. The SP is currently reflecting the uncertainty being felt here. We need some concrete information in the interim results and not wishy washy statements that can be interpreted in several ways.

No subtle deramp intended Bamb, I've actually got a few£k ready to invest and invested so want to see this go up. I just seeking the opinion of others as to the financial health going forward. Simple as.

As mentioned below, the last fundraise was to avoid administration, so £2.3m won't last too long with salaries and other costs to pay for. Hopefully there is expected revenue to counter this, until the company are able to pass break even and no longer have to consider a fund raise.

Having recently raised circa £2.3m, how long is this expected to last or are there hopes that the company will be in profit and avoid a further fundraise. This is assuming no JV or takeover happens beforehand.

Almost twice as many shares bought as sold, and the share price down nearly 10%? Are games being played here by the MM's

MrDigit, thanks for the further information. I expect that this is why the patents are so important, though China's disregard for patents is well known. If the IP is well protected this is such a competitive advantage

Thanks Timbo237. I read the last trading update and will do some more reading on the weekend. This appears to have good potential for upside near, mid and long term.