Itm Power Share Discussion Threads

[vlad the impaler] 29/11/2022 17:42

How long do you expect cash to last at a burn rate of maybe 80-120 million this year ?

All leads to a major dilution really

Won’t be going anywhere for a long time

[vlad the impaler] 29/11/2022 17:41

What revenues are you expecting here over the next three years?

What will net operational earnings be from that ?

[vlad the impaler] 29/11/2022 17:39

Btw

Trend/sentiment are basically a representation of markets view on fundamentals and so on

As a long term investor, I think the only thing you can really hope for is a change in both

[vlad the impaler] 29/11/2022 17:27

Rhetoric ?

Shorts up a stack v lagger tracker

Wait until that feeds out

[grahamwales] 29/11/2022 17:26

Vlad

What was the share price this time last week and what is the price now. Has it gone up or down bearing in mind your so in love with the short tracker pmsl.

[skinny] 29/11/2022 17:24

"Why am I the irritant?" Rhetoric as well!

[gimmethefax] 29/11/2022 17:24

"10 MW leap frogs the 5 MW" - from the mouth of the CEO, this idea might have been aided by the commands of our New CEO, and possibly even Bourne (with a new set of ears listening to him?) - Bourne was discussing the 10MW module several years ago. I am literally guessing, but using all the available data.

Hurricane, you are not concerned about nothing - it is very important - just expect it.

Evidence is pointing at something like that - not saying the public funded Gigastack is stopping, but it is no good hammering away on a completely new GEP when the MEP is suffering production issues.

Bessemer is now the only factory we have, and the planned ones have been put on hold, therefore Bessemer will need to be used for our core technology, which isn't flowing off the production line, as it stands - I couldn't care about GEP at this point, stick it on the back burner if it is causing even the tiniest amount of delay to MEP2.

Looking too far forward, and not focusing on core, seems to be what has gotten us in the little bit of bother that we now find ourselves.


From what I am seeing, it looks like Shell have moved from the GEP to the 10MW MEP leap-frog - this also highlights, if true, that they see their partnership and projects with ITM Power as highly valuable, and they are willing to work through issues together, whereas, the same could not be said for the BlueScope project, as an example.


This is all good news, albeit disappointing at the same time!

Ambition is great and Cooley was full of it, no doubt about it - he may have just bitten off a little more than he could chew - don't blame him for trying though.

Our MEP1 and MEP2 are already what separates us from the rest.

[vlad the impaler] 29/11/2022 17:15

As I say, short interest is not unchanged

Buy tomorrow at your peril

Big addition going to be seen later in day

[vlad the impaler] 29/11/2022 17:13

Why am I the irritant? I’m the one that’s right. Surely that means I add value albeit not to SP

😂😂😂

[vlad the impaler] 29/11/2022 17:11

Be -80% soon 😂

[vlad the impaler] 29/11/2022 17:10

Short interest isn’t unchanged

[skinny] 29/11/2022 17:03

"correction to -10%

Should have said -11% possible today"

Uncrossed 441,008 @97.94p

Short interest unchanged @5.80%

[norbus] 29/11/2022 16:59

bones698

Is there someone pressing you to buy? don't let them push you into it. Think of GB and say no!

[vlad the impaler] 29/11/2022 16:52

Short tracker updated? That’s serious lag

[vlad the impaler] 29/11/2022 16:38

Great to see the bulls celebrate nearly -6%

It sort of makes sense

😂😂

[moontheloon] 29/11/2022 16:29

As with gf2 maybe it's a product offering re think . Or plain take off the table till revealed successfully. Who knows.... Cooley Shultz? Major linde minds gonna be all over itm now . Not a bad thing

[moontheloon] 29/11/2022 16:25

Maybe 2mw has become ten at the behest and potential orders of WA? Maybe they have standard module and develop the mega in tandem to service and profit from the mega contracts likely to come? Still the 14mw covert deal once revealed will be a biggy... Once again waiting though...

[bones698] 29/11/2022 16:16

My problem with companies like this is how quick they squander the cash and with limited increase in sales and still a long way from break even .once the cash starts to get low and they are still some way from profits is when the shatepeice really craters .
Cash in the bank looks good but until sales ramp up fast I'm not convinced here. Seen far too many promising companies that are cash rich lose the lot and end up going under to get sucked in . No matter how promising the tech the management are usually the problem . Looking at the chart this isn't looking promising at all

[hurricane99] 29/11/2022 15:54

Gimme, it’s not a distraction. It’s what Bessemer Park was supposedly built for. The Gigastack project. GEP = Gigastack Electrolyser Platform.
Considering we’ve just had £10m for further testing, I’m just curious as to why it’s suddenly disappeared. This has been in design/construction since 2019. Maybe I’m concerned about nothing. Should hopefully find out next week.

[grahamwales] 29/11/2022 15:50

Vlad vanished again