Member Info for Dibs61

Definitely some buying interest this morning.

Two very interesting snippets on the board this morning- both v positive albeit longer term:

UAE plans for clean hydrogen electrolyser capacity

Tesla plans to mass produce a clean hydrogen car?

Spicy Tuna - no that makes absolutely no sense whatsoever. The Triggering of a short squeeze ‘deliberately’ by an entity holding a large shore position ie. Helikon would be a kamikaze act of utter stupidity. I mean what the hell are you talking about?!

NOTE: Spicy tuna

“Despite these hurdles, the outlook for PEM electrolyzers is optimistic, with expectations of significant advancements and increased adoption in the near future.”

Green Hydrogen is happening and there ain’t nothing the FF industry can do about it.

Netcurtains - good one. I also asked ChatGPT the following question:

What will the growth be like for PEM hydrogen electrolysers in the next few years?

The Proton Exchange Membrane (PEM) electrolyzer market is poised for significant growth in the coming years. In 2023, the market was valued at over $8.5 billion and is projected to experience a compound annual growth rate (CAGR) exceeding 24.6% between 2024 and 2032. 

This anticipated expansion is driven by several factors:

• Technological Advancements: Innovations in electrolyzer design and manufacturing are enhancing efficiency and reducing costs, making green hydrogen production more viable. 

• Government Initiatives: Policies promoting low-carbon hydrogen targets are encouraging investments in hydrogen infrastructure, further propelling market growth. 

• Industry Investments: Companies are increasingly investing in electrolyzer production facilities to meet the rising demand for green hydrogen. 

However, challenges such as the high costs of renewable energy and the need for substantial government support remain. Despite these hurdles, the outlook for PEM electrolyzers is optimistic, with expectations of significant advancements and increased adoption in the near future.

Why would there be an ‘update’? What do you expect them to say? It’s going to be a process for the prospective customer(s) and when they have made their decision they will advise ITM.

I expect the decision in the next few months. It’s already been over 7 months since the announcement. However this is not a sole project. It is a number of projects totalling 500MW so perhaps it will take slightly longer to get an overall FID.

They must’ve missed the bit about £135m contract order backlog. Not to mention HAR1, HAR2 and pending FID’s. And for Goldman sucks their 30p target values ITM less than cash.

So yeah, there’s an agenda.

Seaangler - I’d say orange is better than the cackling fool Harris who lied about her ethnicity (pretending to be black - she is Indian descent)

You think it’s bad now? Biden was leading us into WW3 and Harris would probably have us in it by now. One day you may realise the orange to**ser saved you from being incinerated.

Troublesome - quote: thought he promised to stop the Ukraine war on day one but seems more interested in their rare minerals.“

I think you’ll find Blackrock & Co have already got that wrapped up. It was one of the reasons the American deep state (not trump) organised the overthrow in Ukraine. Another stage in the attempted emasculation of Russia’s strength and influence. Biden btw repeatedly refused to talk to Putin who repeatedly said he was willing to talk.

You do know as well that Ukraine is one of the most corrupt countries in the world. Yet our governments funnel money into the cesspit there led by the unlawful leader Zelensky.

Oh well at least Trump has turned off the spigot there. Might eventually save more meaningless Ukrainian deaths.

Troublesome

Stopping inflation - it is MUCH worse out there than has been ‘officially’ reported. Groceries inflation insane.

Bringing more jobs particularly manufacturing and keeping the industries they have

Stopping illegal immigration which is a MASSIVE problem out there. It has changed towns and cities

Fighting crime and the drugs gangs

Ending the DEI BS. The crap that goes on in Americans schools now is crazy in terms of trans and LGBGT ‘education’.

General trust that American people are being protected and prioritised.. Illegals are given accommodation, food allowances, credit card, phone etc. What about Americans? Homeless Americans??

Stop the financial drain of the ridiculous Ukraine war.

Bring more troops home.

Save the dollar

I don’t agree with his policy on climate change but I can understand why he is doing it. Selfish yes. Short sighted - absolutely. But because he can do it he’s doing it.

SatellitePro - ‘lemming supporters’ lol mate honestly 🤦🏼‍♂️you and bilbo and Co just don’t understand the USA, it’s people and politics. I know lifetime democrats who switched to Trump this time because they’d had enough of the Obama/Biden BS. That’s how BAD it’s been out there. Americans don’t take a global view. They are largely just concerned about their country and it is a huge country. I’m not saying that’s right but it ain’t gonna change. I don’t agree with everything that Trump had done and is doing but I DO understand completely why Americans saw him as THEIR best hope in what was a rum choice. Kamala Harris anyone? Don’t make me laugh.

SpicyTuna- I do accept and agree with some of your points but I think where you do not understand the issue is you are tying it to trade alone. In Trumps mind he is using trade as leverage because this is about drugs, specially fentanyl. Yes, he has mentioned trade deficits with the specific countries targeted but the primary issue is DRUGS. Now, I think you will at least agree with me that the US does not have the same issue with the UK/EU. Thus I think that the chances Trump will introduce tariffs against the EU and particularly the UK are smaller. The US is currently enjoying larger and lucrative exports of LNG for example, to the EU. And even if he did this would increase the cost to exports which we are not even making anyway. So 8 reiterate my view that it is not an issue for ITM. You have made points about a broader economic impact but imho this does not affect ITM whatsoever. Now, further down the road, once we’ve established a firm foothold in the European market and we want to expand our market to the USA - and Trump has Europe tariffs now that’s another matter.

We have to keep in mind that this is not an optional market (for green hydrogen) , a nice to have, it is seen as a strategic necessity in Europe and therefore will proceed either with or without a bit of inflation or investors anxiety.

Well done guys. Pleased for LTH’s. Still watching closely and agree that overall th8ngs are def looking up. Director buys are a positive too. Noticed the eye catching buys yesterday and wondered what was going on!

Based on best guidance cash position at end April 2025 our current EV is £15m. That’s fifteeen million pounds. That is all ITM is worth.

Yes folks we are literally priced as a tin pot micro AIM outfit.

IKFA - I couldn’t have put it better myself. Absolutely absurd and irrational market. I have also been adding not selling at these stupid prices.

Vamosbien - liberals don’t like Trump because they are all wokey and virtue signalling. BUT he TALKS to people (see my post below) and gets deals done unlike the Bidens and Starmers of this world who criticise and chastise people they don’t like but REFUSE to talk to them! How the f*ck does that help anything!?

Biden could’ve stopped the Ukraine war years ago because Putin has always been ready to talk.

But he didn’t. He made it worse and hundreds of thousands of innocent Ukrainians have died for NOTHING.

So if you wanna hate someone hate Biden he is a war criminal.

If they say sell it means they are buying. They are as crooked as they come.

And as for the shorts well isn’t today a great opportunity to close some of their position out. When there’s actually been a bit of bed wetting selling. I’ve been buying today.

Seaangler - you say Trump is ‘nuts’ but he is the one who actually talked to and engaged with Putin, you know, communicating? Same with the North Korean leader, he talks to them.

That is not nuts. That’s sensible, responsible behaviour and leadership. Now I do think he’s pushed it way far here with the tariffs BUT don’t think he doesn’t know what he’s doing. I suspect he’s playing a game of chicken with the Chinese Canadians Mexicans etc and they know they have a lot to lose because they enjoy huge trade surpluses with the US.

Back to ITM this does not affect their business, their orders, their projects one iota. So all of this drama today is a nonsense.

03-Feb-25 10:24:14 34.2263 5,431 1,859 O

Putting my money where my mouth is.

Bilbo - I think Trump gets it more than you or I. Look at where he is and where you and I are. Trump does not take a salary. You may sneer at that but Biden did. And Biden pardoned his FELON son. Lots to be disliked about Joe Biden. You hate Trump so much but you don’t understand naff all clearly about the average working guy in the USA and the s*it that Biden has caused over there. I’ve spent a lot of time in the USA and talked to quite a lot of Americans. Biden was a total knobhead. You go over to the USA and talk to the average working guy and they will tell you. Just sick of the ignorant nonsense you spout about Trump.

Wookieemonster exactly.

And the EU is currently importing LNG from the USA which is already more expensive than the stuff they got from Russia. So it will just accelerate the whole hydrogen adoption process in Europe. Everyone is now appreciating and wanting energy independence. Including Trump.

I reiterate this is a storm in a teacup. It’s a negotiation tactic. That’s all. Trump is not the complete jackass you are making him to be. Yes it’s a bit of drama but it does NOT affect ITM’s prospects. Trump wants to ultimately make a deal that is more beneficial for the USA. That’s it.