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May have to Seaangler - but

Ministers are not heads of department - Permanent Secretary's are, They are the equivalent of CEOs to the Minister Non Exec Chairman role.

2020-21 was a COVID induced asset bubble caused by furlough and QE - too much spare cash sloshing around the system and nowhere to spend it so went into inflating all assets - why we still have rampant inflation now in the real economy.

The 30MW pre-FID should have sent this back towards £1 on its own if it hadn't been a red-day for the market in general - off the back of all the other news and the knowledge the reserved capacity is beginning to be used, The 680MW FEED should have got the speculators/funds interested and pushed into a re-rate. Just perverse market behaviour at the moment with some wider economy niggles. It will come.

Indeed Breakofdawn - the wider market is having various separate panic attacks today nothing to do with ITM and Hydrogen, the fact that this is up shows how positive the news is. When normality is restored in the market, the march upward will get properly underway.

You've already said that and it was twaddle the first time - if you were to do that with specialist tailors you'd pay a reserve non-refundable up-front of enough to cover the fabric so around 50%. ITM ain't off-the-peg.

Spot on Bilbo - constraint management to use curtailed wind and re-dispatch bypassing the grid constraint and storage for low output renewable days was why I first invested in ITM and started commenting - my first 3 posts are all about this.

Germany has wised up - Spain is looking at it after the grid failure - just need UK to wake up and stop listening to the electrify everything mob who don't understand meteorology, physics and human nature.

Well if you mean after the decimal point?

Thank you Justin

Capacity is reserved at 1-2% of expected cost (as per previous comments attributed to Dennis) so that is £5-10M in the bank this year - and Dennis is big on Due Diligence making sure not to sign with something unlikely to go ahead. And Germany has to do this - with the energy policy in place they have no other viable solution

Worth a try Seaangler! You are right, my bit of fun for this morning since the RNS woke me up landing in my inbox at 07.10.

I was really referring to the shareholding RNS we all know that. I never imagined anything as good as this would be coming.

Called,it - Mystic Dig it is then :-D

Just Wow indeed. 710MW FID 2028 for 680 of it, that's breakeven sorted for 2028/9 on its own. With the work already reserved in the pipeline leading up to 2028 - Happy Days! And they are only just getting started.

Don't think announcements would be held - but do think they will be like London buses, all come at once

Anyone told Carlton Power?

Are Plug making a positive margin on new sales?

Spoilsport Eastwood.

My original post was on a thread calling for News, my subtle point was to be patient, I am confident that all is moving along following the comments from the visit and some decent news will be soon enough - don't need to display or feel anxiety with it being quiet for a little.

I commend your enthusiasm Seaangler but to clarify I only wagered (a la Trading Places) that I was confident there would be a RNS by the end of next week - not whether it contained good, bad or indifferent news.

No mysticism here

51.3p

Wot I said - about the complexities.

That number of discussions is really positive (sensitive?) so thanks Hairydavey

I am so confident that there will be a RNS before the end of next week, I will propose a £1 wager on it - (Trading Places - one of Dan Ackroyd's and Eddie Murphy's best films)

Filtered a long time ago