Member Info for JeffMills

If the board gets a special deal, like rolling over equity into the new company, that’s rare and not the standard. So, unless you’ve got a secret deal up your sleeve, stop making stuff up. The sale value always matters, and that’s how it’s been done for decades. Get your facts straight before you spout off nonsense.

Board members or insiders can’t just “keep” or “transfer” their shares unless a very specific deal structure allows it, like rolling equity into the new entity, which is rare in public company takeovers. Their financial outcome depends directly on the sale price, so it’s in their interest to maximise it.

Ricky and JZ, you're talking absolute nonsense. In a takeover, the acquirer buys all the shares, including the board’s. They don’t get to “keep” or “transfer” them like it’s some magic workaround. The sale price matters because that’s the payout they get for their shares, same as everyone else. If they’ve got significant holdings, they’re as invested in getting a high price as anyone. Stop making stuff up, mate.

Laughable that JZ, Ricky, and the rest of you twats are banging on about a takeover or share price collapse, while completely ignoring the fact Scotland just announced a plan to become Europe’s biggest green hydrogen exporter. So, wait—JZ, are you saying ITM is worth buying now? Ricky, is a takeover happening? I thought this company had no future? You absolute idiots, make up your minds.

We’re just two years away from completing a 100MW project with Shell, which will generate more revenue than ITM has earned in its entire history. We’re also one FID away from a potential $500 million by 2028. Sorry, but to call this a "gamble" is crazy. I must be one of the few here who truly believes that Shell won’t stop using ITM after the 100MW project, and that RWE’s 200MW deal won’t be the last one with us either. Come on, guys—wake up! The share price is about to rise based on fundamentals, not hype. I’m topping up. Cheers.

The AIM market can only hold the share price down for so long before the results speak for themselves. I don’t put all my trust in Dennis, but I do put my trust in ITM and the deals they’ve secured, like with Shell. Shell chose ITM to build their biggest-ever hydrogen plant—out of all the companies on the planet, they picked ITM. That speaks volumes. I also trust ITM’s partnership with Linde, a company with a $30 billion turnover, and RWE’s confidence in us for their largest plant, the biggest in Europe. These are not just partnerships; they’re clear indications that ITM has the best product on the market.

This isn’t a gamble to me. These are facts. Sure, there are short-term risks, but I’m confident that the future will speak for itself. I don’t solely rely on Dennis, but he has been crucial in securing these key deals, especially with Shell.

I thought this was a genuine discussion, but it seems like your usual attitude crept in at the end. Anyway, I’m not putting my faith solely in Dennis, but he’s certainly played a significant role in securing these partnerships for ITM.

Out of curiosity, what are you invested in right now? I’d be interested to hear what your "gamble" looks like.

Bp and Iberdrola have just injected 900,000 euros into Castellón Green Hydrogen SL , the joint venture created for the development of the first green hydrogen project undertaken by both companies. Both companies signed the agreement last July that kicked off this project, a milestone that was staged in September with a public event at the facilities of the Serrallo industrial estate. With this capital increase, Castellón Green Hydrogen now has 1.2 million euros to take the first steps of this project.

ITM is on AIM, which we know can be volatile. It’s easy for stocks to drop quickly on sentiment, but as we saw after the summer results, they can rebound just as fast. This time, the groundwork for sustained growth is stronger. I think people forget Trump is also the main reason we are down hear. Ricky, pause for a second, and think.

The Shell project is to be completed by 2026, and Germany’s expansion is well underway. These milestones show ITM’s growth isn’t just talk—it’s happening. Add to this the potential announcements around the 500MW pipeline and Neptune V, and there’s a lot to look forward to.

Plug’s drop didn’t help ITM and probably a main reason why were are this low, but it’s worth noting that things are shifting. Plug’s loan, which has been a big concern, now looks increasingly likely to get approval with Biden pressing to secure key green energy initiatives before Trump takes office. A positive outcome there could lift the entire hydrogen sector, ITM included.

Ricky. You’re absolutely right that investing in stocks carries risks, and recognising warning signs is crucial to protecting your money. But risk goes hand in hand with opportunity, and in ITM’s case, the potential outweighs the short-term noise, provided you focus on the fundamentals.

It’s also worth considering that AIM’s volatility cuts both ways—stocks under pressure can reverse sharply with the right catalysts. We’ve seen this before: a 20% jump on the summer results, followed by a sustained climb into the 60s. The groundwork being laid now could easily lead to another rally, especially with potential updates on the 500MW pipeline and Neptune V.

Caution is wise, but overly focusing on short-term risks without acknowledging the long-term rewards can mean missing out. ITM isn’t without challenges, but the growth story here is very much intact. For me, the warning signs aren’t outweighing the opportunity—far from it.

My positive outlook on ITM is based on research, recent RNS updates, director buys, and the wider sector. In contrast, I feel some of the negative views here rely solely on the share price chart. That’s fair, but I think people forget that ITM is stuck on this terrible AIM market. The one good thing about AIM is that stocks can rise just as fast, if not faster, than they fall.

Take the summer results: we were sitting around 44p, up 20% on results day, and eventually climbed into the low 60s over the following weeks. This time, I believe we’ll see even more positive momentum. Revenue upgrades are likely, and we’ll hear more about the 2026 targets, especially with Shell’s completion date on the horizon. Expect updates on the Germany expansion, news about Neptune V, and maybe something from brokers too.

Let’s not forget that the 100MW FID came just a week after the last update in December 2023—patience paid off then. If you’re patient again, this could easily climb back to the 60s in a matter of weeks. And if the 500MW pipeline starts moving, we could be looking at £1+ before long.

Say what you will, but don’t miss the key info—be smarter about it.

Dennis Schulz comment on linkedin tells a different story to the negative views on the update this week: comments in regards to the 40% reduction in iridium.

"it’s obviously lowering the costs of our electrolysers, which you could translate into either a better margin on contracted projects or lower prices, if necessary, to enable new projects. Not sure whether you were expecting me to give you numbers, but I’d reserve this for our customers"

They’ve slashed iridium use by 40%, which could mean improved margins or even updated targets, so maybe hold your breath. Directors are buying shares—always a confidence boost. In Germany, they’re ramping up hiring and already sold their first Neptune V. All this screams growth, especially in Europe.

While contract announcements are typically released via RNS outside of results day, history suggests other significant updates might be unveiled. These could include:

Strategic Partnerships or Joint Ventures: New collaborations, particularly with European or global energy players, to expand the company’s reach.

Operational Milestones: Progress updates on the scaling of manufacturing capacity. New factory?

Product Innovations: Announcements about upgrades to existing technology or the launch of next-generation electrolyses or related hydrogen solutions.

A question was raised recently about the company’s ability to secure EU projects given our UK base. That concern was decisively addressed last month when we successfully sold a Neptune V unit supported by an EU grant.

I'm feeling very confident about the company's direction coming into these results. The directors are committed to driving the business forward and buying in with their own money, and there’s a clear focus on expanding operations, adding to their Germany personnel.

A bitter attention-seeker who spends his days obsessing over others' investments, desperately trying to drag everyone down to his miserable level.

Jz it must be exhausting for you, coming here day after day, ranting about a stock you're not even invested in. It's almost cute how bothered you are by what strangers choose to invest in. You’ve clearly got nothing better to do than throw shade at anyone who doesn’t share your misery. Maybe you should take a step back and ask yourself why you’re so obsessed with other people’s investments—it’s a little weird, don’t you think? Or is it just that the idea of others being positive about something you’ve decided to hate makes you feel better about your own sour mood? Either way, it’s getting pretty pathetic at this point. Attention seeking?

You’ve made your point about being a 'realist'—we get it. Yet, all you seem to do is moan and call anyone who's bullish a 'conspiracy nutter.' Funny, because the same people you're slamming for being positive are still holding strong, while you’re here spewing negativity every chance you get. Maybe instead of bashing people for seeing potential, try finding something constructive to say for once. The constant complaining isn't impressing anyone, it’s just getting old pal.