Itm Power Share Discussion Threads

[danvandan] 25/7/2024 14:15

How do you get to that value Graham? I was starting with £4m for 2mw and then discounting it by about 20% for volume, just as a very rough guess. Are you saying they'll do something of that scale for much less? I recognise the annual report is the best indicator, but just trying to get a handle on the magnitude. Though even at £40m, if they can do it one yr, I think that gets them over breakeven with some other miscellaneous work.

The city seems to be on holiday! Reaching breakeven will be a massive event for ITM. Have I misread the FID situation?

[grahamwales] 25/7/2024 14:02

Would have thought revenue would be closer to £30 - £40 million from Refhyne2

[skinny] 25/7/2024 13:57

The three that I watch, have all advanced in the last 20 minutes.

[nicebut] 25/7/2024 13:47

Looks like some ii has finally seen this mornings` news and put a buy order in.

[baldrick1] 25/7/2024 13:46

Not to be too greedy at 52.10p sell.;)) Gla

[skinny] 25/7/2024 13:43

A man looking for a role!

From last December :-

[grahamwales] 25/7/2024 13:35

Just happens to be NED of riversimple 🤔


We have appointed Juergen Maier CBE FRS FREng as Chair of Great British Energy.

The former chair of Siemens will drive forward plans for this new publicly-owned clean energy company, ensuring it delivers for the British people.

On his appointment, Juergen Maier said:

“Great British Energy will be a publicly-owned national clean energy champion, ensuring British people reap the benefits of clean, secure, home-grown energy.

“I’m excited to lead this company and work with the private sector and communities to rapidly expand skilled jobs and investment across the country.”

[danvandan] 25/7/2024 13:33

Am I right in thinking 100mw is worth something in the region of £80m?

[danvandan] 25/7/2024 13:29

A surprisingly muted reaction to this FID news. Shell Germany has pushed the button and now we presumably have a big order. Does a 100mw project get ITM to breakeven for one year?

[barnes4] 25/7/2024 13:25

TRAk 👍

[gimmethefax] 25/7/2024 13:22

Have we been talking in riddles?

One can be pro-fossil and pro-hydrogen.

Indeed, I am.


It is either profitable to do, or it isn't.

If it is profitable, then ITM offers the most reliable, most profitable solution.


The rest is a lie, told at your expense.

[grahamwales] 25/7/2024 12:54

Would still want him to throw some more money at his short though just to keep price from moving up

[nicebut] 25/7/2024 12:51

Graham,

Best ignored...He`s been right in the short term but I suspect in the medium to long term he'll be wrong. I guess we'll find out.

The deal with one of the largest PLCs in the world says all you need to know really....I thought we were on our way on the last rise...but I`m quite relaxed and happy with being able to buy a few more down here.

[sambocoole] 25/7/2024 12:39

Are you convinced yet?. It seems thereis a whole lotmore to come. Shell Lebanese CEO is very pro fossil

[grahamwales] 25/7/2024 12:36

Come on barney chuck some more money at your short. Not ready to top up just yet. Sell your house and stick it on your short.

[gimmethefax] 25/7/2024 12:17

Internal rate of return:

Internal rate of return is a method of calculating an investment's rate of return.

The term internal refers to the fact that the calculation excludes external factors, such as the risk-free rate, inflation, the cost of capital, or financial risk.

[gimmethefax] 25/7/2024 12:08

“Our decision to invest illustrates what can be achieved with the right enabling conditions to deliver competitive projects."

"The capital investment related to REFHYNE II will be absorbed within Shell’s cash capital expenditure guidance, and this project exceeds the internal rate of return (IRR) hurdle rate for Shell’s Renewables & Energy Solutions business as outlined during Capital Markets Day 2023."

"Since 2021, preparations have been under way to deliver the detailed engineering plans for REFHYNE II, complete on-site groundworks, and connect to existing infrastructure."





Shell Capital Markets Day 2023:




Shell Energy Transition Strategy 2024:

[nicebut] 25/7/2024 11:38

Nice one skinny...

Good news indeed. Might take a while to sink in as per usual, but the tide is turning.

[baldrick1] 25/7/2024 11:30

Going back up to 52p and beyond

[baldrick1] 25/7/2024 11:23

Someone got very lucky with a big buy at 50.84p:))

[mj10] 25/7/2024 11:09

Can't get that song out of my head now.along with blue skies nothing but blue skies from now on

[skinny] 25/7/2024 11:01

The Shell take :-

[baldrick1] 25/7/2024 10:54

Up again folks ;)))