Itm Power Share Discussion Threads

[vlad the impaler] 15/11/2022 17:14

Do we all agree now?

Down down she must go-shorters know the score x4

[gimmethefax] 15/11/2022 17:13

It is madness, Norbus, or something more; no idea what is going on anymore - that has been the problem of the last 12 months.


Public note: I believe,..

ITM Power have things that the others do not (some is fact, protected with IP) - that is why I am still here and will choose ITM over every other electrolyser company - DYOR of course..

I'd jokingly say, 'issues' is what we have, that others don't - but that would be false - if I knew how to short, I would be short on Plug, bigly - DYOR of course...

We release bad news, they do two months later, we are even leaders in that respect, lol.


*My 'trading' patterns won't ever be public, so don't assume anything about my holding, other than the fact that I am.

I do not intend to influence anybody's investment choices - it is just info and opinion - all I would ever feel slightly obiged to announce here, for the sake of transparency, would be if I were to dump the lot - this is an investors only thread after all*



Back on track...

It is definitely not certain that the tooling issue has affected production of the 5MW stack, at all imo, and therefore Refhyne2 plans. But it might have - we do not know what tool. Gigastack, being a new product, could be on a completely different production line. Like I say, they have still managed to build stacks up until now, albeit very, very slowly.

'Inventory build' we heard how long ago..?

Tell me again - my mind goes slow after being up all night rambling - how much of the raised funds were earmarked for building inventory?

...the larger investors should be fuming too, right? - their money was actually allocated to be used for certain purposes, which never came to fruition?

capacity expansion and inventory build, among things...

Not sure if that is something stated by ITM to the potential investors,.. are they made aware what the funds will be used for or not.?

... beyond my practical knowledge and experience.

[vlad the impaler] 15/11/2022 17:12

Sorry

Wrong thread

[moontheloon] 15/11/2022 17:11

I'd be washing my hands of them if I was linde or taking full and immediately control. Surely they have the consistent quality supply for tooling already ?

[moontheloon] 15/11/2022 17:07

Meaning regulated by the laws of our land ?

[grahamwales] 15/11/2022 17:05

and the cheeky fkrs still taking their free shares. Unbelievable.

[moontheloon] 15/11/2022 17:05

I can understand the employees and apprentices they were gearing up for huge mega growth over multiple sites and populating them. But seemingly they forgot the actual board to put the jigsaw on... The automation had stepped back to semi automation of part stocks too didn't it ?

[skinny] 15/11/2022 17:03

It would be nice to have a Non US broker "cast an eye"......

Just saying..

[moontheloon] 15/11/2022 17:02

The amount of relevant important information we get from other sources is incredible... And why and how they get it. Privy inside info. Large delayed sell. All makes you wonder.

[grahamwales] 15/11/2022 17:01

With any luck Lind Engineering have got involved to speed the process up and Colley now taking a back seat until he goes completely. to cut costs they should reduce directors' salaries by half and get rid of 50% of employees. Still not sure wht 400+ have been doing if not manufacturing anything.

Apprentices are expensive tea boys/girls.

[moontheloon] 15/11/2022 16:49

And will it work on testing after we have the tooling ? .its feeling more and more like an early stage r&d company by the day . At this rate Vlad will get his price targets and more . There should be an EGM. I'm infuriated. I feel for every shareholder who has held with this in good faith over the last turbulent year.

[grahamwales] 15/11/2022 16:48

Skinny

Seems ITM have a penalty clause with customers but didn't get one with the supplier. Cooley should have had it in place and probably the reason he is stepping down. Even makes Linde look like complete idiots.

[baldrick1] 15/11/2022 16:46

Just shorties making dosh here.

[moontheloon] 15/11/2022 16:43

Gimme if the 2mw is exposed to tooling delays , you can bet your bottom dollar the 5mw is . Unless the 5mw is a make or break for the shell deal ...? Size of footprint etc??? Who knows back to the soil bag in the dark follow me my champignons

[skinny] 15/11/2022 16:42

I suppose a penalty clause or two is wishful thinking......

[grahamwales] 15/11/2022 16:42

How did Jeffries get to know it was being delivered next month, isn't that inside information that should have been officially announced to the market. What else is Colley hiding.

[grahamwales] 15/11/2022 16:39

I suppose if the tooling equipment is delivered next month at least it will be sort of positive news. No way should it have taken this long though and what guarantee did ITM have with the supplier.

[gimmethefax] 15/11/2022 16:37

If I had to guess, based on nothing really, other than track record this last year, I would say that the 'update' will be anything but.

But, I am here, hoping for more.

We deserve so much more, and are owed some thorough explanations (Note: I am not talking SP, I very, very rarely am).

...remember the AGM? I can't.