Itm Power Share Discussion Threads

[grahamwales] 05/5/2023 20:03

Our Mercedes-Benz GenH2 Truck with hydrogen-based fuel cells and the battery-electric Mercedes-Benz eActros 300 Tractor!

Get some #TruckTechFacts about both vehicles:
➡️ GenH2: Range up to 1000 km, fuel-cell system with 2x150 kW
➡️ eActros: Range up to 220 km, three battery packs with 112 kWh each

No contest.

[donketykong] 05/5/2023 18:44

Relevant ITM below ITM Power (Aim: ITM) makes proton exchange membrane (PEM) electrolysers for grid balancing, energy storage and hydrogen production at Bessmer Park, Sheffield. ITM had net cash of £318m at the end of October 2022, having raised £250m of equity in 2021. Peter Hargreaves of Hargreaves Lansdown fame is a major shareholder, but ITM also has the backing of industry players such as Linde, one of the world's largest gas suppliers, which has invested £38m, and £30m from Snam, an Italian energy infrastructure company.In October 2021, ITM and Linde announced the deployment of a 100MW electrolyser at Shell's Rhineland refinery, and they have signed two more 100MW deals with Linde for a site in Lingen, Germany. Sales are forecast to grow to £67m in the year to 30 April 2025, though the company is still expected to be heavily loss-making. However, its most recent set of results in January showed sales halving to £2m in the six months to 31 October 2022.Following this disappointment Graham Cooley, CEO for 13 years, was replaced by Dennis Schulz, previously of Linde. The move follows several delays, blamed on supply-chain difficulties and rising costs, which have also seen the share price fall by 90% in two years. Even if sales do jump to £67m by April 2025, the market value of £460m reflects considerable optimism over the business model. Some hedge funds have taken a more pessimistic view: ITM Power is one of the most shorted stocks in London.5 May 2023MONEYWEEK

[skinny] 05/5/2023 17:52

Thanks Graham / Donketykong.

[donketykong] 05/5/2023 17:11

See other board GW beat me to it.

[grahamwales] 05/5/2023 16:01

Another blip or doesn't anyone want to be out over the long weekend.

Have a good one folks even you Gary :-)

[norbus] 05/5/2023 12:21

What does it say?

[donketykong] 05/5/2023 12:14

Large article in money week about H2 economy including piece on ITM & rivals

[grahamwales] 05/5/2023 09:56

Blue to create the market Green to follow as Dennis would say.


Germany’s Linde to Invest 1 Trillion Won in Yeosu Blue Hydrogen

[grahamwales] 05/5/2023 07:21

Look like Linde tanks to me.

[garybrandon] 05/5/2023 07:05

GW, you expecting another down day today, becoming a basket case after massive falls over the last 2 years, £5 to 80p supports my view !

[grahamwales] 05/5/2023 05:38

Linde in prime position in the US.

The group's application sets out details of a USD2 billion plan to create a clean hydrogen hub which will use nuclear power from Energy Harbor's Davis-Besse plant in Ohio to produce clean hydrogen at a competitive cost.

[adobbing] 04/5/2023 21:45

Our expansion is taking shape! Following our recent announcement to substantially grow ITM Power’s facilities at Bessemer Park, the build is already well underway - and it’s exciting to see the rate at which the new property is being constructed.

Once completed, the additional space will unlock previous bottlenecks. We will be able to grow our volume output while reserving dedicated space for advanced R&D and robust product validation. In addition - for me personally the most important aspect - we will be able to transition from an evolved factory layout to one that is highly optimised for serial production and automation.

#greentech #electrolysis #hydrogen

[moontheloon] 04/5/2023 21:43

https://www.bbc.co.uk/news/business-65415529.amp

[grahamwales] 04/5/2023 21:09

Moon

Couldn’t say it better myself lol.

[garybrandon] 04/5/2023 20:45

Little touchy there GW, £2.50p ten months ago must be taking its toll I guess.

[garybrandon] 04/5/2023 18:46

I’d agree with you, in that case you stop doing the same, thing with ppl like you, you think it’s one way traffic till you get a taste of your own medicine!

[grahamwales] 04/5/2023 18:05

Gary

Last post to you as your wasting valuable space on this board. Try trolling someone else who actually gives a toss.

[garybrandon] 04/5/2023 17:47

Yeh sure you did, I remember you ramping into overtime on LSE trying to recover losses, your doing the same here, millions in a skip for you to keep buying, miss a few weeks before averaging down again lol

[grahamwales] 04/5/2023 17:13

Gary

Stop trolling me lol. I have been warning investors about CPX for years. When I sold the price was around 10p not a bad return on 1p that I bought for. Got in a little high here but decent average now and will keep buying up to £2.00 as should be double from there once more orders from Linde come in which they will.

Keep shorting though I like it when shorters are unable to buy back.

[garybrandon] 04/5/2023 17:03

G/W, you can’t half pick them, you lot big on CPX, now down 59% on here, try a lucky dip next time !

[grahamwales] 04/5/2023 13:56

Germany on track to exit coal.

[grahamwales] 04/5/2023 12:40

Gary

You followed me here perhaps you need to read up on what a troll is 😁