Member Info for Dibs61

@ 39.06p

If it drops anymore I shall add again.

It’s all about America for you isnt it? There is a substantial market outside the USA. And hydrogen has many uses other than cars. Goodness me.

Also your references to Trump are false and libellous. He is NOT a felon in US law because he has NOT been convicted. Indicted yes but NOT convicted. Biden was not averse to dodgy practices in the WH. Hunters Laptop amongst other things.

Tornadotony - you unwittingly contradicted yourself in your efforts to dismiss my view.

11th

“ Nothing to do with Mali. Mainly about gold pull back on high USD. Toronto close was 1617.”

Today

“ Pound falls 1.35% in a week, dollar basket value up, 85% of Q4 production is hedged at 2400. So the gold price fall has minimal impact on earnings as unhedged ounces could have been sold higher already.”

It’s either one or the other it can’t be both those statements.

I draw your attention again to the RNS dated 7th October. I think the market is nervous about the unpredictability of the political situation in the country. This is very evident from the SP behaviour. Do you think Traore does not discuss these matters with his neighbour in Mali?

If not ITM to provide the electrolyser(s) for this massive project then who? 🤷‍♂️

Good research onsolidground

Record revenue and profits

Above market expectations

Gives current PE of 7 - for growth company very cheap

Looks like it’s going to test $2,600…

Https://www.londonstockexchange.com/news-article/HGEN/elcogen-secures-eu25-million-grant/16759361

This seems very positive for the clean hydrogen sector as a whole …. Yes?

I’m not sure that’s entirely correct. Yes to a degree but the whole 6%? Hmmmm.

Mali is a neighbouring country and also has a military junta in charge. The events at Resolute are bound to affect sentiment as investors will be concerned that Traore will decide to turn the screw on Endeavour. I’m not saying it WILL happen but that could be the perception.

6% down today, no doubt due to Resolutes debacle in Mail and no one has any comment to make?? I just hope this isn’t going to embolden Traore.

Syama is 60% of their production. If trust and sentiment was shaky before this event this has shattered it. Impossible now to know the outcome until it emerges. A dreadful day for investors and not even a light at the end of the tunnel. You get the feeling the more gold goes up the more they will want. And the ripple effect is spreading as you can see Endeavour being pummelled too with a military regime in BF.

Broker price targets are meaningless and of no relevance to nobody ever. Besides it’s still 50% above where we are now!

Seav1ew - substitute the word ‘ICB’s’ for ‘investors/funds’

Good point LL maybe not so good for short term punters (maybe!) but LTH’s it’s not a problem. Suppress the current SP allows savvy LT investors to accumulate.

Jolly - admirable honesty sorry mate - we win some we lose some.

Ian12 “ Anybody else thinking that moorhouse was just a smoke screen to get the Placing underway??”

Oh absolutely yes. Oakley knew that would grab investors. Hoodwinked again. He’s a crafty son of a gun. The thing is both parties know Moorhouse won’t lose a penny if Feedback don’t win any business so it’s no lose for Moorhouse. And I will guarantee that Oakley paid for all Moorhouses expenses for participating in their so called ‘roadshows’. Feedback would’ve paid for all the buffets and drinks, accommodation travel etc. One reason why their Cashburn shot up.

I think it’s some 31 or so million new shares being issued which will more than treble the share capital at a stroke. It’s pretty brutal. Of course the institutions are likely to largely sit on their hands. But there are still plenty of potentially ‘non-sticky’ shares issued. Plenty enough to affect an often very illiquid stock which works well on the way up not so good on the way down.

I don’t have to remind anyone that I said this would go under the placing price just a couple of days ago simply because they nearly always do! We know the Cashburn is higher than ever. They admitted £5m would last 12 months. IMHO this is in serious trouble if they don’t get meaningful contracts within the next 6-9 months maximum.

Do I think they will? Absolutely not. The placing at such a crazy ridiculous discount the other day was tantamount to hands up we surrender. They are on their backs. Tom and Anish have managed to bag another year of bloated fat salaries. That’s it. With YOUR money. They are the only winners. And the sealer for me was NO InvestorMeet this year. These things tell you everything you need to know.

PS Interesting that Jolly hasn’t surfaced at all this week. He’s normally all over things like this like a rash. 🤔I wonder if, like me, he got caught with his pants down this time?

“Not sure what you are referring to but I did notice a massive 565K+ sale at under 39.5p at the close of business, which does not bode well for tomorrow.”

Oh dear BD. Like the Grim Reaper aren’t you? Fortunately most of us have an investing horizon that extends beyond tomorrow morning.

The US market is NOT and never has been part of ITM’s strategic business model. All their business is focused for now in the UK and Europe. And that is plenty for now. And people posting otherwise know this perfectly well but are playing to their own little agendas.

Yet again I see it as another opportunity to add. Simple as!

6% is ‘significant’? I think not.

To say that this trump victory is bad for ITM because absolutely NOTHING was ever baked into the SP in the first place in terms of US potential!

Anyone who has any nous would be BUYING at these prices not selling.