Member Info for Fortnefvrsbrve

https://www.scotsman.com/business/omega-diagnostics-eyes-further-covid-opportunities-amid-healthy-outlook-3383412

https://uberturco.com/when-is-the-traffic-light-announcement-date-and-time-to-expect-grant-shapps-update-on-uk-travel-restrictions/

Hopefully we get a mention of lateral flow test being emphasised and to replace PCR expensive tests.

https://www.dailymail.co.uk/news/article-9995079/Lord-Bethell-pressure-33-000-private-emails-linked-90million-Covid-deals.html

https://www.dailymail.co.uk/news/article-9995079/Lord-Bethell-pressure-33-000-private-emails-linked-90million-Covid-deals.html

Hi All

can someone let me know when Grant Shapps is talking next

is it tomorrow or 1st October? thank you

https://www.whitehouse.gov/wp-content/uploads/2021/09/American-Pandemic-Preparedness-Transforming-Our-Capabilities-Final-For-Web.pdf

when the transport of secretary is going to speak?

a question from Labour urging the replacement of PCR for international travel with lfts, he says the Transport Secretary will be making a statement which will satisfy the questioner's aspiration.

https://www.parliamentlive.tv/Event/Index/0e8fb65e-322c-443f-802d-79e254d65651

clue - abbreviation

coming soon well done to all the genuine investors and holders

our time is coming we need a juicy fat factual ordering short burning RNS - opps answer is given ;)

appropriate structure for sustainable growth of the network.

· Part of consortium awarded €5m for the OYSTER Project to Study Offshore Green Hydrogen Production



Current Year Guidance

· Core stack module production to be in excess of 55MW

· Completed products volume to be between 33-50MW

· Revenue recognition depends on site access, travel restrictions, and Micro-chip and steel availability

· Revenue will be heavily weighted to H2 2022



Graham Cooley, CEO, commented , "2021 has been another transformational year for ITM Power. We attracted a strategic investor in Snam S.p.A., and through our fund raise in October 2020 developed a platform to deliver to market our next generation product, the 5MW Gigastack, two years earlier than previously planned. We also moved into Bessemer Park, the world's largest PEM electrolyser factory and commenced manufacturing there in January 2021. We have seen national commitments to net zero accelerate, and I believe we are very well placed, with our partner Linde, to address the rapidly growing demand in the market."

3 September 2021



ITM Power Plc

("ITM Power", the "Company" or the "Group")



Final Results for the Year to 30 April 2021



ITM Power (AIM: ITM), the energy storage and clean fuel group, announces final results for the year ended 30 April 2021.



HIGHLIGHTS



Developments in the year:

· First full year of operating the strategic partnership with Linde Engineering, which together with our investment in ITM Linde Electrolysis (ILE) GmbH, allows ITM Power to focus on the manufacture of electrolysis equipment for larger scale systems

· Sale of world's largest PEM electrolyser to Linde and sale of first MW-scale electrolyser to Sumitomo for deployment in Japan, and a 4MW electrolyser for the US market included within the backlog

· Commercial partnership agreement with Snam (one of the world's leading energy infrastructure operators), including a £30m strategic investment and an initial 100MW preferred supplier commitment to 2024

· Successful equity fund raise of £172m (including the Snam investment) to accelerate development

· Completion of the worlds' first electrolyser Gigafactory, expected to reach annual production capacity of 1,000MW per annum by end 2023 and official opening by the Business & Energy Secretary, Kwasi Kwarteng



2021 results:

· Total Revenue & Project Grant Funding of £5.1m (2020: £5.4m) down 6%, comprising:

o Sales revenue: £4.3m (2020: £3.3m) up 30%

o Collaborative grant income recognised: £0.8m (2020: £2.1m) down 63%

· Loss from operations £26.7m (2020: £29.4m), reduced by 9%

· Adjusted EBITDA loss £21.4m (2020: loss £18.1m), increased 18%

· Available cash balance of £176.1m at year-end (2020: £39.9m)



Current trading

09/2021

10/2020

% change

Work in Progress*

£36m

£16m

+125%

Contracts backlog**

£171m

£119m

+44%

Tender pipeline ***

£378m

£195m

+94%

*Work in Progress

Contracted backlog

**Contracts backlog

Contracted backlog and contracts in the final stages of negotiation and preferred supplier backlog

***Tender pipeline

Quotations submitted in response to commercial tenders in the last 12 months and now only reflecting the value to ITM Power



· Contracts backlog of £171m (2020: £119m) constituting 310MW of electrolysers up 44% YoY

· £36m (2020: £16m) of contracted backlog (Work in Progress) up 125% YoY representing 43MW of electrolysers

· 10MW of the backlog (Work in Progress) is the REFHYNE I project recognised over time

· The balance of the backlog (Work in Progress) is expected to be delivered in FY22

· Tender pipeline value to ITM Power of £378m (2020: £195m), up 94% YoY

· Tender pipeline constitutes 1,011MW of potential electrolysis demand

· Installation of the 10MW REFHYNE I project completed, with expansion by 100MW planned for REFHYNE II, at Shell's Rhineland Refinery

· Refuelling assets now grouped together under ITM Motive, with focus shifting

hi everyone .. i am not invested in this share but had a similar experience with he1 so i know the feeling, i would like to extend my sincere apologies for the paperlosses or even actual losses. i hope you recover your money and wish you nothing but the best in what you decide . at times like these its nice to get a comforting message if it may help to some- because it surely did when he1 went down :(.

https://twitter.com/potus/status/1436074566112141314?s=21

Supply on demand let’s go !!! :)

Morning all

Colin surely needs to have something up his sleeve to talk about in the Coning agm meeting
We need orders :)

thank you Glib and dai2belts for your replies
much appreciated :)

Hi all , pray you and you're loved one are in good health.. health is wealth
a couple of questions and if someone can kindly help me out to understand that would be greatly appreciated ..

i know its your ..spelling mistake just to get your attention lol

1. why is it hard or why cant it be done that david or any insider of the company buy the shares or sell the shares that they have when they know the news before the market does? why are they buying now? is there a strict rule or something

2. when you have isa account and you have used up your limit of 20k is there any way of adding more money to average down on say a normal account but adds on to your holdings so it can average down or is it that it cant be done and will be separate?

last time i posted we had the drop .. i am feeling much more confident and i know that the only thing between me and recouping my paperlosses on this share is TIME.. i feel the buzz and anticipation all over again in the coming months or even next year will surely bring the SP higher.

good luck everyone and thanks in advance

https://www.***************************/helium-one-global-shallow-traps,-deeper-traps-and-deeper-targets-interview/4121020259

go check it out :)

hey everyone - the day is over and would like to extend my sincere apologies and sympathy to those who have lost money or on paper losses no matter how big or small. its been a tough ride and not the news we all wanted, besides the road not being completely over its hard to manage emotions and i would suggest a timeout to re group and take a breather. i wish every one of you good health and happiness and wish all your loved ones joy and happiness too. money comes and go and wish everyone recoups money and maybe learn from these lessons, i certainly have. good luck to all.

sorry once again - we were all happy when things were looking up and would high five each other so why not show empathy in these times - helium hug ;)

tiger16 here you go
https://www.proactiveinvestors.co.uk/companies/news/958695/helium-one-global-complete-drill-campaign-at-rukwa-project-and-outline-commencement-of-phase-2-958695.html