Member Info for Gardner

Received last night after close of play, no reason here for this fall.
https://mb.cision.com/Main/115/3530756/1552847.pdf

https://news.cision.com/nel-asa/r/nel-asa--joins-hydrogen-initiative-with-leading-players-to-enable-fossil-free-steel-rolling-milling,c3371658

I received a copy of the N E L annual report last night and was very agreeably surprised so bought more this morning. The report is available on the N E L website (In English). Thank you for the introduction RH.

I bought more on the drop and am already in the blue again. I guess the drop was to catch a few stop losses and raise a few shares for the likely demand. Great that there is plenty of work for the new factory. I have held Itm since 2004.

This might do:
https://apple.news/AGM4mKj2dRGKins-ROHw39A

Saw this today, not sure whether it has been posted before
https://apple.news/AuB2M7caUT4KbvZ3o3JQSFg

Hydrogen powered aircraft already flying.
https://apple.news/AwSDDwborQHaNCXnXM2RYCQ

According to HL there was a 300,000 buy at 1118 cost 2, 520,000.

For many weeks now the volume on this site has been much higher than previously and this increased volume can be wholly accounted for by the automatic trades, They do not seem to be mainly limit order or stops as the moves have been very gradual. At first I thought some ii was building a holding but we have not seen a holding announcement and I am coming to the conclusion that it might be one or more algorithms, but I do not know much about them. There have always been traders in and out but the scale is different.
I would welcome any enlightenment.
Like others on here I have held ITM for about 14 years and it has always been subject to a lot more volatility.

Great update today.
Just one of the projects due to start construction now.

https://hydeploy.co.uk/keele/hydeploy-at-keele-live-trial/

The installation ITM did in the Orkneys has created a real interest in Scotland and the timing is perfect - if only this was a time when companies in the UK could invest safely with an expectation of stability.
https://apple.news/AwmNs-HhmMiyqVp0gFkgHgQ

I am hoping that vrs is not thinking of sending any of their people to China in the near future, especially one of the Govt. reps.
That would seem a bit risky at the moment.

This article seems to confirm that the use of chargers is not convenient for many drivers.
The Department for Transport is now to focus on fuel cell cars.
https://www.bbc.co.uk/news/business-46152853

A bit more on sumitomo.
Since their nuclear power station problems hydrogen has been installed more in Japan than anywhere else, I can not think of what might constitute better news. Lets hope that the new factory comes on line smoothly.

http://www.greencarcongress.com/2016/08/20160812-sumitomo.html

This the first of a number of articles regarding investment in energy storage, one of the others wii be gas grid storage. Buy at these prices I think. https://qz.com/1302711/to-hit-climate-goals-bill-gates-and-his-billionaire-friends-are-betting-on-energy-storage/

I think that Bilbo and I have been in ITM for about the same length of time and it has been a lengthy, frustrating journey. When I bought in I had no idea of the need for setting up this almost new industry with standards for regulations, standardisation, planning etc. etc. etc.... ITM was recognised as a world leader and joined with other governments besides the UK to offer guidance on these committees. I am in no doubt that the BoD are great experts in their field. Their guidance is currently being sought by Northern Gas (rns 24/4) and the Canadian Government regarding Gas injection into the mains, having already carried out an earlier investigation with National Grid, While I believe that Hydrogen cars will be a proportion of the zero emission cars in the future and that there will be an income from the ITM network of refuelling stations, the real money will come from Gas injection if these explorations lead to further projects. The �40 million pipeline of sales still exists and income will considerably increase when the new factory comes on-stream. Having given this more optimistic outline I would agree with you, Bilbo, that the reputation of ITM has been very helpful in the past to get to where we are but now there is a real need for a more creative approach to marketing and the appointment of a new senior member of the Board with experience in a larger organisation. Then we might fly! Especially on AIM it is news that that gets attention and investment - as far as I can see there is no-one whose job it is to liaise with investors or prospective investors. We need more frequent and informative announcements followed by press releases in a more eye catching form. Not quite Elon Musk!

It has all gone very quiet on here. Does anybody have an idea of the timeline for the new factory? We can assume that we have planning permission but has work started, are there structural changes or are they installing equipment. With a bit more information I am sure that things could come to life again.

This outcome with Northern Gas must bode well for the larger Pilot Study ITM is carrying out with National Grid which must be well into the 12 month duration now.

No one seems to have drawn attention to the exceptional no of after hours trades that took place on Friday, have a look they will be gone early in the morning. Over one million pounds in buys none shon as late reported so may be more reported on Monday. Holding RNS seems likely. Still holding half of my shares and will not let go of them for a while

What a thought provoking article. What came through for me was a partnership of Riversimple, Shell and ITM setting up leasing and distributing centres with a hydrogen refuelling Service nearby. This would encourage not onty the Riversimple (range) cars but also the rapid development of fuel cell cars in its neighbourhood. What an opportunity for government encouragement. Perhaps not this week though.