Itm Power Share Discussion Threads

[norbus] 22/5/2023 10:46

bmel

The rapid succession of delivery landmarks indicates team spirit and factory morale is building up and coming to life . I see the >5m shares taken off the market yesterday as a sign of the end of the state that invited shorting

Surely we have now entered a new phase. We will find out soon enough! tomorrow?

[bmel] 22/5/2023 09:51

Excellent news - another step forward

[grahamwales] 22/5/2023 09:42

Our customers, Yara International and Linde Engineering visited us in our factory to witness testing of a set of our state-of-the-art MEP30 stacks for deployment into Yara’s 24MW electrolyser in Porsgrunn, Norway.

Our CEO, Dennis Schulz, said: "The industrial production of green ammonia using green hydrogen will be an important step for the hydrogen economy. ITM Power is proud to have been entrusted delivering the core technology for this project."

[smokey 1o3] 22/5/2023 09:41

Yarra tested. Yipeee!

[baldrick1] 22/5/2023 09:41

To begin with later if not tomorrow the trend is downward it broke down from 90 then 80 then to79..Next 60-65p..unless there is a sudden miracle announcement by the co ..of course you know that as a regular trader.Moon trusted you.

[grahamwales] 22/5/2023 09:32

Baldrick 🤡 seems to do the opposite to what you post 😂😂😂😂

[baldrick1] 22/5/2023 09:13

Moon cosying with GW did him more damage..GW is a trader and not a lth.i could see this going down to the lows of 65p again.

[norbus] 21/5/2023 11:25

You are right. Shell had an 32 milliom EU grant of 148million cost but we are yet to see a FiD . It would have beem appropriate to have seen a performance assessment on the ITM 10 MW supplied sometime back. That is a niggle if ìt has not performed .

[norbus] 21/5/2023 10:19

Yes out of total 6800000.. It will be a new dawn Monday

[oapknob1] 21/5/2023 09:06

Isn't that the UT trade ?

[norbus] 21/5/2023 04:46

Shell forced through receipt of a $150m subvention it was not entitled to , threatening to abandon the project, to to get to FID for 200MW Alkaline Electrolyser for Holland. I am not holding my breath for Refhine2

[grahamwales] 20/5/2023 10:08

market needs to see cash burn slow down dramatically IMO. Burning too much cash compared to revenue. Reduce cash burn and the market will react accordingly.

Increase in sales is also required no more pilot projects and look for small orders if necessary.

200 mw units to Linde are good but spread over 3 to 4 years is not enough, they need to start getting orders of around 400mw per annum to make any inroads into sufficient revenue.

[norbus] 19/5/2023 16:36

4800000 trade
cleverly done!
will they have another shipment next week

[norbus] 19/5/2023 15:50

Au Contraire.. Schulz is looking to hire a top level Merger & Acquisition expert. Can anybody see the strategy and the opportunity here?
Is it possible Linde wants Schulz to build a seperate but closely associated powerhouse in Hydrogen?

[bmel] 19/5/2023 15:39

The ITM technology, and its future development path, is a mission critical part of the Linde green hydrogen product and its development path. This is not a simple buyer -seller transactional relationship, it is symbiotic based around the PEM technology.

It is not going to be taken over by anyone - other than possibly Linde - but that has a whole bunch of very tricky legal and reputational issues around it.

So, it is not going to be taken over in the foreseeable future.

[cureboy] 19/5/2023 15:30

Proof of concept has long been established, now the sales will start to flow. If the share price remains under £1 for much longer I do think they are a takeover target with £350 million in the bank. Becoming an attractive proposition.

[norbus] 19/5/2023 12:28

The investment market where hydrogen is concerned is now jaded if not demoralised. The rising inflation with higher interest rates punctured valuations . Green Hydrogen is the ultimate energy vector. Blue is inevitable to preserve values in fossil assets and is needed till Green fledges to full transition to renewable.

Economies in the West are in no shape to subsidise Green. America has a senile nutter led by his far left lobby. The rest of the world can only afford to subsidise and nurture Green Hydrogen if they tax Blue Hydrogen till Green is on par competitively.

As for ITM, Cooley's BS left Schulz a tall mountain to climb. He has brought in his trusted team and is well admired outside through his achievements at Linde., I have seen enough now to translate a load of my hope into solid confidence ,, Dennis Schulz has motivated ITM and will deliver.. Looking to cover mergers activity says plenty

[bmel] 19/5/2023 11:40

That would indeed be excellent evidence of material progress in the turnaround.

Essential to get the existing 'larger' contracts in operation and give the market a new sense of confidence that ITM is now a very different animal.

2x2MW.....25MW......2x25MW.....200MW......multiples of 200MW.

[norbus] 19/5/2023 10:23

What will be coming out of Bessemer Park next? YARA 24MW would do nicely

[grahamwales] 19/5/2023 09:12

Is she talking about the refhyne project I wonder.

[grahamwales] 19/5/2023 08:42

RWE looking for Hydrogen Development Manager in Aus if anyone is interested.


Hydrogen Development Manager

The Hydrogen Development Manager will be responsible for aligning the development of RWE’s Renewable Energy projects in Australia with the development of the Hydrogen industry.

[norbus] 19/5/2023 06:32

RWE stated their excitement at news of imminent delivery of their pilot 4MW order preceding 2x100 MW units. Stated anticipated requirement OF RWE @2GW that has to be the turning point for ITM fortunes on its way back to market lead.

[gimmethefax] 18/5/2023 21:17

'We do not believe ITM’s core proton exchange membrane technology is flawed.'

It never was, and what does it have to do with belief?

The technology IS the investment case.