Itm Power Share Discussion Threads

[norbus] 07/11/2022 09:00

Just be sure they won't bury your cadaver in a rubbish tip to decompose and eject more Methane! what a thought .. Juju44 into Methane going up to heaven!! Made my day

[baldrick1] 07/11/2022 08:58

Very low volume day..

[juju44] 07/11/2022 08:50

Humans are incapable through greed and reproduction of stopping their own extinction . ITM will not be a big player in feeble attempts to pretend we are doing something

[baldrick1] 07/11/2022 08:38

Going red from early morning blue

[vlad the impaler] 06/11/2022 21:42

Penitentiary 17 for you Norbus

[5barney] 06/11/2022 16:33

I’m looking into the activities of the nob to make sure nothing devious is happening. To the few honest guys here
Peace

[vlad the impaler] 06/11/2022 14:38

Book values going to tank a lot in coming 2 years most likely, but not surprisingly

[vlad the impaler] 06/11/2022 14:23

Im just wondering when im off to prison for regurgitating what the company said

haha

[vlad the impaler] 06/11/2022 14:12

"Shorting & Distorting£"

What would you call yourself and others since 700p?

In fact, what would you call ITM since 700p?

Lets look at latest issues, printed by ITM itself

[....Due to manufacturing issues including delays in finalising the tooling and testing of these stacks, the Company now expects that full year output and revenue is likely to be towards the bottom of the current guidance range. The timing of this revenue will be weighted towards the final quarter of the current financial year, and will be dependent on success of the current work to resolve these issues. The previously announced range is 48MW-65MW of delivered product and revenue of £23m-£28m.



These production issues have resulted in limited deliveries of new, first of kind product which in turn has meant only limited field data for performance to assess the level of warranty provisions. As a consequence of the limited field data, the warranty provision for these next generation contracted products will need to materially increase from the current level of £3m at FY22 year end and may result in a revision to EBITDA loss guidance. The accuracy of the product warranty provision will improve as more field data is acquired. This is evolving technology and by its nature that creates inherent uncertainty applicable to any company introducing new technology into a rapidly developing industry.



The Board is aware of the potential risk associated with the growing and uncertain levels of warranty provisions and is seeking to mitigate this portfolio risk. As a result, the Company expects there may be delays in finalising contracts in the final stages of negotiation which could place large scale projects at risk of deferred financial close...]

[rovi70] 06/11/2022 14:09

One could imagine that little old N is bored so he's invented V T I. His only friend. yawn !

[rovi70] 06/11/2022 14:04

This love in is really boring. Both blow holes no nowt about itm.