Member Info for Digitalis

Hah, that is possibly true, touche, we do seem to have found a few buyers for you though today...

I did think the same @Cureboy, although, operationally they are doing well and "are in the best shape they ever have been" - DS

I think, though, that it is good to see at least for now a stop in the rot and I do concur it has been overdone, but I maintain a certain group had no other play so had to give it a go.

Are buyers returning? Is 30p being tested, if the resistance goes, could we be in uncharted territory?

Don't filter me Bilbo, I couldn't resist the sarcasm any more

And this is why I had stopped debating with you because you are incapable of recognising when you are unable to prove your position. Instead you revert to attempting to reframe your thesis, to change the reference parameters. You have been saying on the descent from £1 to 25p that investors were selling out. Now you attempt to reframe it to 2020-2022 volumes when as has already been proved, there was an asset bubble because of money being pumped into the system by fiscally incontinent Governments. By the end of 2022, the SP was c£1 and since then has been driven down to 25p on naff all daily volumes. You know this to be true but refuse to accept it because it refutes your narrative. If everything you continually state is true, why did you invest at c54p? Seems an error by you?

I only replied to defend seaangler from your nonsense.

/sigh

SpicyTuna, I have debunked your theory multiple times because you steadfastly refuse to acknowledge that the SP has been driven down on thin daily volumes exaggerating the effect of marginal pricing. The only thing that can be proven true is that on those days when the SP has declined, there have been more sellers than buyers. It does not prove that all holders have sold out and in fact I have repeatedly demonstrated to you that they haven't. The only sellers that can be demonstrably shown to exist over the last couple of years are the shorters by their declared volumes.

It can only be said that there are insufficient buyers willing to buy, to counteract the shorters selling. The statement you keep making that the investors have sold out is not proven and in fact disproven multiple times.

You said "Digitalis forgive me for being blunt/rude but you have asked me this question before. The evidence, from 400p to 25p happens for one reason only, selling! Investors selling the stock. What more evidence do you need, come on man, get real. There is no other option, no other way a stock can fall that much."

Your opinion there has been countered, that you choose not to acknowledge or accept it, is down to you.

Https://www.automotivepowertraintechnologyinternational.com/news/fuel-cells-technologies/ricardo-secures-green-hydrogen-supply-from-ryze.html

Fuel supplier Ryze Power has signed a deal with Ricardo to provide hydrogen for use at its Shoreham technical center in the UK.

Ryze will supply sustainable ‘green’ hydrogen to support Ricardo’s testing of hydrogen fuel cell systems and enhance the business’s ability to develop hydrogen and hybrid engine technologies. The current facility is part of a global center of excellence for hydrogen, de-fossilized fuels and electrified transportation engineering.

Delivering state-of-the-art testing and advanced capabilities in alternative fuels, hybridization, electrification and fuel cell design, development and integration, Ricardo’s facility aims to significantly increase the range of hydrogen and fuel cell services and solutions for the company’s global customers operating in a variety of industries, including off-highway, light commercial, marine and aerospace.

In Germany Gascade began filling the Hydrogen pipe network.

https://www.h2-view.com/story/gascade-begins-filling-german-hydrogen-pipeline-project-flow/2122932.article/

When fully operational it will hold 20GW

Last month, Germany’s SEFE secured a 200,000-tonne annual green hydrogen offtake deal with Saudi Arabia’s ACWA Power. As a wholly owned subsidiary of SEFE, Gascade will likely feed the hydrogen into its pipeline network.

https://www.acwapower.com/news/acwa-power-and-sefe-partner-to-deliver-200000-tonnes-of-green-hydrogen-annually-to-germany-and-europe/

TotalEnergies signed the 30000MT/A deal with RWE for Lingen output and had in 2023 issued a tender for 500,000MT/A

https://totalenergies.com/media/news/press-releases/decarbonizing-refining-totalenergies-launches-call-tenders-supply-500000

Over a 5 year horizon that any investor should be looking at as a minimum term for an investment, the prospects for Hydrogen are bright.

And this doesn't look at the rest of the EU, Australia or Japan, Morocco or really at the interests of the Middle East or indeed the UK

Bonkers, I feel like I've just crossed into some hybrid reality of Highlander 2, Blade Runner and The Matrix - let's mess with the atmosphere, what could go wrong...

Hopefully they will cut all the £22 Billion being poured into the black hole of CCS (pun intended). They could then double the H2 support and still save a bundle.

All I shall add is to recommend people go and look at my 1st and 3rd ever posts and then compare to the middle paragraph of the Introduction I posted. As I said in my, 9th ever post when I posted the link to this "the sound of a penny finally dropping"

/sigh

Introduction

"Low carbon hydrogen can make our energy system more flexible, resilient, and independent, and could lead to billions of pounds of savings by 20503. Hydrogen fuelled power generation coupled with long duration energy storage could provide £13bn to £24bn in savings to the power system between 2030 and 2050. Government sees hydrogen to power (the conversion of low carbon hydrogen to produce low carbon electricity) as a key technology in supporting our commitment for a decarbonised and secure power system. The Clean Power 2030 Action Plan recognised the value hydrogen to power can add to a clean power system and set out practical steps to deliver on clean power and accelerate towards net zero4. Government analysis also shows that having hydrogen available in the power system could achieve lower emissions at a lower cost than scenarios without hydrogen5. The Government has recently published the hydrogen to power market intervention consultation response which commits to the implementation of a new hydrogen to power business model6.

Today, hydrogen is mainly used in the refining and chemical sectors and almost all is derived from fossil fuels using steam methane reformation, without capture and storage of the resulting carbon emissions. As well as displacing existing carbon intensive hydrogen use, low carbon hydrogen has the potential to be used as a fuel to decarbonise hard to abate industrial processes that are energy intensive or require a direct flame, for example, chemicals and glass, complementing our wider electrification efforts to accelerate progress to net zero. Low carbon hydrogen can also help to decarbonise some transport modes. For example, transporting heavy goods over long distances is very difficult to achieve with batteries alone, and therefore hydrogen and its derivatives are likely to be used in shipping. Hydrogen can also be combined with a source of carbon to produce a more sustainable aviation fuel or else used directly as a fuel onboard the aircraft.

Hydrogen is a significant industrial opportunity for the UK, and we are well equipped to become a global leader in the production and use of low carbon hydrogen, drawing on strong domestic expertise and favourable geology, geography, and infrastructure. Government is committed to leaving no community behind by investing in a new era for the clean energy industry and supporting good, skilled jobs as the sector matures. Low carbon hydrogen provides opportunities for UK companies and workers, reigniting our industrial heartlands by investing in the industries of the future.

To deliver low carbon hydrogen production in the UK, the Government is supporting producers through the Hydrogen Production Business Model (HPBM..."

Run out of room - I recommend anyone interested reads the whole document and what the Government is proposing to commit to

Green Cat Hydrogen proposes Chapelcross project - anyone know whose electrolysers they use, that have 4 projects on the go, at least a few of which look ideal for Neptunes.

https://www.bbc.co.uk/news/articles/cqlykne0752o

https://www.gchydrogen.co.uk/green-cat-hydrogen-announces-proposals-for-green-hydrogen-project-at-chapelcross-energy-transition-zone/

I posted it when it was published but no-one picked up on the significance really so thanks for refreshing it in people's memories.

Most important bit in it for me was the Government finally recognising H2 as a vector for energy storage.

"Funding mechanism for the Hydrogen Production Business Model: proposed design of the Gas Shipper Obligation" 17th January at 10:19

@AATH.... I think the news to attribute to the rise was potentially the takeoff agreement between RWE and TotalEnergies for Lingen of 30,000MT per year from 2030-2044 and a tender request for 500,000 MT per year from TotalEnergies across Europe. Having said that, the history of the last few months is that this uptick (if that is what we can call it) will retrace down unless some other news comes out - but we shall see, I make no predictions.

Not really - the usual nonsense of logical fallacies such as survivor bias, this happened therefore that is true and 20:20 hindsight spouted by those who pretend not to know how AIM stocks behave and have some major insight that only they know or by those who expect sentiment shift against the current geopolitical landscape despite the fact that the same issue remains of cashburn. With no acknowledgement on either side of differences of opinion or the different mindsets and valuation methods of investors versus traders (long and short).

I'm up early today to go and see a potential client at my own expense, if I don't land them, should I not have gone? If I followed that mindset, my business would surely fail.

Nope. A business should use profits only to buyback own shares. That money was invested to secure the business to get to profitability. Originally in part for a new factory which if I remember correctly Dennis squashed on the basis the existing one wasn't at capacity?

Going to disagree with you on that Lucky and side with Bilbo - it will go down like a mess of cold pavement pizza stepped into just outside your front door, with the investors who bought in at £4 if any of that money is used to buy back shares at less than 1/10th the value. Not a good way to encourage them or new ones to invest further.

As Bilbo says, focus of building a strong business (as Dennis is) and generate long-term profitability and produce a stable dividend, that will encourage investors. Anything else is speculative trading, not a core competency of an Electrolyser manufacturer.

It might salve the fevered brows of traders, losing their shirts, but will do nothing for true investors.

There's still room for debate, I for one am happy to hear your views and discuss mine, vitriol free. I find it helpful to treat the intervening posts as free entertainment.

I share your disappointment with the lack of reaction to the good news that lands both from RNS and wider press, but my investment horizon is long term and I see this as a short-term event. It took just about 2 years to go from these levels to over £6 2019-2021 and has then taken 4 years to decline. AIM is fickle and volatile because the fundamentals are in much better shape now than 2021 but there's less free money lying around. That is about to change, in my opinion, from the EU announcements and geo-politics. The big institutions are like sheep, they follow the flock they don't like to move first.

It is worth noting that the EU has just restarted the Quantitative Easing, money printing tap, to drive defence spending and included energy security in that definition with Hydrogen production funding announced.

So be prepared for another bubble to form. When the technical traders join the dots, the squeeze will start.