Member Info for strontium

It's the artificial AT traders.

Possibly because there are several more RNSs lined up over the next fortnight?

Hi Falesta, the last time it was worked out three or four years ago, it was 2.5 billion litres per 1GW.

"Co-development activities commenced with a European water technology company for the remote powering of off grid drinking water generation solutions for up to several million litres of water per day;"

If AFC are actually 'generating' several million litres of water, then that has to be at least a 500MW system?
(Based on 2.5 billion litres per GW )

Hi sharesport, I did exactly the same!

Hi Piltic if you check the trades, last Thursday 10 million shares were traded and I think over 6 million of those were classed as 'buys' and on Friday 1.5 million shares were traded of which 1 million were classed as 'buys' so, it looks as though the MMs had some shares to get rid of. Possibly shares from Linc Energy and or its directors who are now being chased for compensation.

AFC aren't stupid Newboy, they have a number of MOUs and an unknown number of unknown MOUs, as seen in this recent RNS where a MOU has just been turned into a contract. Much more likely that there will be three or four more contract RNSs to push the sp into a different trading range and even possibly a buy-in. We are now in a whole new ball game. AFC have only just shown us PIs in the past few days that they have a commercial product, and with a commercial product, AFC have no sp 'history' to go on.
I seem to remember talk at an AGM of no more dilution and with a working product there are now other possibilities to raise money other than printing shares like an oily. Oil companies as we all know, requires a never ending feed of cash and share dilution, whilst they try to find a commercial well, which might not actually be there. Whereas AFC has actually now got a product which produces electricity at a lower price than can be bought.

Interesting to see a Japan connection, because a few years back there was talk of possible involvement with the Tokyo 2020 Olympics.

Interesting article on water shortages Middle East
http://edition.cnn.com/2018/07/11/middleeast/middle-east-water/index.html

For Newbies: an AFC fuel cell system produces 2.5 billion litres of water per 1GW per year.

Don't hold me to this (!) but there was a quote by AB from about 3 years ago, I think it gave a possible sp of £2.30 per 300MW installed, which is how AB got his taking the company from 7p to £7.
AFC had been talking of having 1GW of systems installed or under construction by 2020. However, whether that aim of getting 1GW of systems by 2020 is still possible with the various delays remains to be seen.

Year end is only 5 months away BB and they hadn't done a full trial at that point!

Perhaps Jim Gibson was keeping a dampner on things?
The Stade stack has done about 3600 hours at the moment so perhaps 3500 was enough to get a handle on how the stack stacks up, so to speak!

I think this RNS has caught the MMs on the back foot!
Bid 9.5 Offer 8.68 :)

I must say I could hardly believe my eyes this morning! Southern Oil??? Have I got the right AFC Energy it's not Arsenal Holdings or some other AFC epic. I actually checked I'd got the right company!!!

The MOU was in October but JR had changed policy about reporting MOUs by that time.

Certainly left field!

https://investegate.co.uk/afc-energy-plc--afc-/rns/southern-oil-contract/201807120700063800U/

If the Interims are out by the end of this month, the stack at Stade should have done 4000 hours, if it's still running, by about the 25th July.

Hi Piltick we only have 'her' word for it!

Additionally, I seem to remember reading that CF has been known to short stock it brokers.