RE: Think long term.13 Jul 2020 21:08
Speedic. We need to get beyond the £1 mark first. If it is going to happen I would like to think that it will happen fairly rapidly (by year end)
The catalyst will be anything from CE marking, sales or deployment, but based purely on the IP and potential of sales I would like to see the SP higher than it is today to reflect this.
All sounds pie in the sky when you talk figures of £2 plus but in reality it wouldnt put the MCap any higher than that of CWR, ITM, or Ballard etc. So why shouldn't we be aiming for this.
£5 would be fantastic but not for a few year and certainly after proving Alkamem is a competitor for nafion and selling a few 2Mw megaboxes for shipping and locomitive. Nothing to say we can't be there by 2023 - 24 with some good momentum and developing hydrogen strategy.
Right place right time and all that !
To be honest, I think some LTHs will be out long before getting to those levels after holding furlong periods of their life. Over a decade for some.
All we can do for now is sit back and wait.