Member Info for JeffMills

I agree no need to gloat—it's clear that JZ/Ricky had a significant stake here at a much higher level, which likely explains their antagonistic attitude toward me and others. That said, we now have 15 MW confirmed and a 50 MW feed deal within just a few days—a total of 55.9 million. Kudos to Dennis Schulz for the stellar performance. Now, we wait for a major order from a big player like Shell. Wishing everyone a Merry Christmas!

Of course I'm going to be more active in the chat than they are—I'm invested, they aren't. So I don't understand what point they're trying to make.

To be honest, I don’t feel like I’m ramping at all—I’m simply sharing the news I’m finding every day. It might come across as ramping, but the news is coming in fast now, and I’ve never felt more confident. BP just made an FID on a 100MW plant. Two months ago, we were being told BP was pulling back from H2, and now RWE has finally secured planning permission for a plant in Wales. We’re also landing EU contracts, thanks to our ties with Linde. In my opinion, it's all finally coming together, if it wasn't for high inflation I'd probably be in a nice bit of profit already but who knows.

And like someone pointed out, the UK market, especially AIM, is critically undervalued right now. How Ricky and others don't see that says a lot.

I know it's partly our fault (especially mine for even responding to him), but they've been going on endlessly about the lack of deals and how we'd struggle to secure EU deals. Then, on Friday, we actually got a feed for a 50MW plant. Despite this, they made sure to flood the chat and stir up disruption. It's really unacceptable behaviour, yet LSE clearly doesn’t care—more arguments mean more ad revenue for them.

Just a petty, bitter little creep named JZ, i can only imagine the aggression in his little rant hahaha

This message has been filtered, please adjust your filters to view

It could be personal stress, the financial strain of Christmas, or perhaps the realization that an EU hydrogen company has chosen us for a 50MW feed, alongside RWE's 100MW planning permission and BP moving towards FID on 100MW. Ricky's agitation seems to be ramping up lately.

Honestly, I don’t think he’s a shorter—he’s more likely someone who’s been burned before or doesn’t fully understand the stock he’s invested in. When lacking real knowledge, the only way he seems able to participate in discussions is by stirring the pot, rehashing the same tired arguments day after day, and trying to provoke people into pointless debates.

Imagine spending the run-up to Christmas desperately trying to trash ITM Power. Says more about you than the company.

Ricky, let’s be clear—calling an investment at the FID stage a “whisper” is quite a stretch, and embarrassing imo. And for the record, I haven’t pulled any figures out of thin air. A 500MW project equates to roughly £400 million based on current industry pricing. Feel free to verify this yourself.

For context, we’re selling 5MW plug-and-play systems for $4.3 million, and these have been widely recognised across the industry. In fact, they were praised precisely because they had the confidence to announce pricing upfront—a rarity in this space, as companies typically avoid it to prevent being undercut. The fact that they don’t have to worry about competition, especially from low-quality imports like those coming out of China, speaks volumes about how far ahead their technology truly is.

"Where's the transparency? What price did they sell the Neptune V for?" Oh right, they already announced it. Lmao, how do you not know this?

This valuation is based solely on current contracts, but with several more FIDs expected in the coming months—BP is set to announce another 9, and we're likely to secure a few from them. I’m actually anticipating a partnership, with Shell or RWE being strong contenders. It won’t be long before we need to factor in even more growth.

For a takeover valuation, prices should be based on industry comparisons, using revenue multiples or PE ratios from similar companies in the sector, not just wild guesses Ricky.

We’ve got 100MW for Shell (finishing 2026, £86M),

50MW feed (if FID is approved, £43M in 2027),

500MW (waiting on FID, £430M on books in 2028).

Total revenue comes to £559M.

But remember, the revenue only shows up on our books once these projects are completed. So, the share price right now doesn’t reflect these signed deals—only when we start seeing the revenue hit.

If we’re talking about future earnings, with a 30% profit margin and 20x PE ratio, that’s a market cap of £3.36 billion, meaning the share price could go to £3.36. Even with a conservative 5x revenue multiple, we’re still looking at £2.80 a share. So yeah, 50p? Not happening.

I'll be looking forward to Christmas lad, but all the best. hahaha

Calm down lad

But what about the "fundamentals," son?

Let’s filter each other, but before we do, let’s refresh some of your "insights" from the past:

"I've been waiting for this. Happy to snap up a load at £12. Still fundamentally very stable." – CWR

"Very happy to jump in this morning at £5. I’ll check back in 5 years. :)" – ITM

Idiot.

Not as high as you though ;-)

While we’re all looking forward to Christmas, you’re out here obsessed with proving some random prediction wrong about a few percent rise, hahahaha! What happened to your bold prediction of the 20s a few weeks ago, I need to filter you but this is funny now.

Last three broker ratings: RBC Capital Markets just reiterated an "Outperform" with a £70 target on December 6th, Jefferies gave it a "Buy" with a £60 target the same day, and Berenberg Bank kept a "Hold" with a £59 target on December 5th.

But I’m very happy to wait for the share price to rise. Honestly, selling or not buying at a market cap just above cash in the bank sounds like a much bigger risk. Maybe you should mind your own business, you creep.

Possible, but every other FEED we’ve done has always led straight to an FID.

Logs out of his Ricky account, goes quiet for 10 minutes... then magically reappears on his JZ account. Classic switcheroo, quite funny tbh hahaha