Member Info for JeffMills

Let’s get a few things straight: 20 years ago, ITM Power was barely out of the lab. No factories, no major partnerships, and no serious market presence. Today, they’re leading in electrolyser technology, scaling production, and signing deals globally. Comparing that to the early days is laughable.

The 2021 bubble? Of course it burst—hype always does. But investing isn’t about chasing hype; it’s about long-term fundamentals, which are stronger than ever. My investment horizon is 5-10 years, not 2. Markets don’t reflect value immediately, especially in industries like hydrogen that require time to scale.

As for the UK government pumping money into CC and oil: short-term policy decisions don’t negate the global pivot to hydrogen. Europe, the US, and Asia are investing heavily, and ITM is perfectly placed to benefit.

You can keep focusing on the share price; I’ll keep focusing on the bigger picture. What is it with these people? So angry.

Ah, another expert in hindsight. Yes, the share price is down in the short term—welcome to the reality of growth companies building for the future. I’ve been bullish for 1-2 years, not 20, and I invest in the long-term potential of the business, not to panic every time the graph dips.

If you’re so fixated on the current price, maybe step back for a month or two and let those of us with patience do the heavy lifting. Who knows—by then, you might see what a long-term strategy looks like. Attention seeking at its finest, Ricky/Aqua.

Aqua. You’re seriously blaming someone like me because you bought in at the wrong time? Surely, you didn’t just follow this chat, skip the research, panic sell, and now you’re angry at me. If you actually listened and paid attention, you might get your money back a lot quicker than you think—if you hold, instead of sitting here being bitter.

Aqua/ricky:

Hahaha, nobody’s accused you or Ricky of being shorters—don’t flatter yourself! You wish, mate. You’re just the typical bloke with probably £0 to invest or someone who craves attention online. You act like ITM’s falling apart and I’ve been spouting rubbish.

Yeah, I’ve been bullish for the past 12 months—you’ve been here for five minutes. In that time, we’ve seen a new product already selling, not to mention a signed 100MW deal with Shell? We’re looking at a potential 500mw deal. Sure, the SP’s dropped, but that doesn’t make me wrong, you muppet.

You’re just a gambling day trader staring at graphs all day. Meanwhile, us long-term holders know how fast this can turn around. Need a refresher? This went from pennies to £6.50 in 18 months—on hype alone. Now we’ve got real news, real contracts coming in. Patience, you idiot.

Hahaha, Aqua, I thought you filtered me? Sounds like someone’s pretty rattled about shorts closing after spamming the chat all week about them going up. Two accounts just to hype yourself up—what a loser.

Market is turning bullish.

I refuse to read your copy and paste chatgbt nonsense.

Regarding neptune v, the 5MW plug-and-play system. This design is a game-changer for modular hydrogen solutions. It’s perfectly suited for companies like Shell or BP, which need decentralised, scalable systems to integrate into things like refuelling stations or smaller industrial setups. Unlike Linde, which focuses on centralised, pipeline-fed hydrogen production, Shell and BP are driving towards distributed green hydrogen production for their growing energy transition projects.

Shorts closing across the sector, good times are coming h2 investors.

It’s exactly as I suspected—Ricky hasn’t posted for days now. And guess what? Neither has Aqua. Took a look at their post histories, and it’s clear they only post at the same times. Absolute saddo behavior! He’s clearly running two accounts just to agree with himself, all while calling us delusional. He even tried to push the narrative about “shorts increasing.” Pathetic.

Meanwhile, the reality is quite different—shorts are actually closing and are now at their lowest levels since 2022. Everything’s lining up for a big rise in the coming weeks, with a more reasonable share price around £1 on the horizon. I wouldn’t be surprised if we get news soon about the Neptune Vs rolling out in Germany. Plus, something about the brokers’ activity hints at a major partnership brewing. Could be someone like Shell, in a deal similar to the one we already have with Linde.

Ricky, maybe check Short Tracker before running your mouth. Then feel free to remind us of all the nonsense you were spouting about shorts last week. Honestly, you should be ashamed. You clearly have no clue and just jump on share chats to attack positive long-term investors. It's pathetic—sort yourself out.

Of course, that’s for day trading.

The old saying in the stock market goes something like: “You don’t buy the most beautiful woman, you buy the one everyone thinks is the best-looking.”

What this means is that, in investing, it’s often not about picking the “best” or most glamorous option, but rather the one that the majority of people believe is the best. This is why stocks can often be driven by sentiment and crowd behavior, not just fundamentals. It’s about finding what others are willing to back, even if it’s not the obvious choice on paper.

So, Sunfire isn’t looking for a PEM, so that rules them out. If we’re focusing on PEM 500MW projects, it narrows things down quite a bit. I think the BP and Ørsted project at Lingen is a strong possibility—they’re scaling up their hydrogen plans, and 500MW fits into that kind of growth. No supplier has been named yet, but it could align well with ITM.

Shell or BP if it’s Germany.

Trying to figure out who the 500MW project could be for, I think it must be Germany-related. There’s a lot happening there with green hydrogen, and several big projects stand out.

For instance, Sunfire is working on a 500MW electrolyser project currently in its early design and planning stages, with a target to start operations by 2028. They haven’t announced who will supply the electrolyser yet  .

Another possibility is the BP & Ørsted project at the Lingen refinery. While it’s currently focused on smaller-scale phases, it’s set up to expand to something as large as 500MW in the future. Again, no final investment decision or supplier has been confirmed for that scale .

Today—Germany’s deputy chancellor Robert Habeck is pushing for a vote before February on the Power Plant Security Act, which would see the country tender 5GW of new hydrogen-ready gas-fired power plants and upgrade another 2GW to fire H2, according to reporting by newspaper Handelsblatt.

It’s a fair question, but let’s not forget how shorts actually work. Large investors lend out their shares or allow them to be sold, so it’s not unusual for them to help shorts close. That 16.5m trade at 36p wouldn’t happen unless shares were made available to buy at that price. It’s likely big investors sold strategically to manage the situation—potentially preventing spikes and allowing shorts to close without causing chaos in the SP.

But I agree: why sell at 36p when Germany has just committed heavily to hydrogen, directors have recently bought above 40p, and the company is sitting on world-leading tech and production facilities? Plus, the company is valued at little more than cash right now, with no recognition of its potential—and we’re days away from an update that could include significant orders.

To me, this doesn’t add up in the long term. The market may play games in the short term, but I think this is setting up for something bigger. Expecting big news. Investors likely buying back in as we speak. Who knows.

Nothing unexpected here. The shorts closed during the UT to prevent any spikes, which is exactly what we would expect. Investors likely sold to help prevent the SP from rising too much, allowing the shorts to close without issue. The market’s response is in line with what we’d anticipate under these circumstances.

Please read chat below—you are basically giving the school boy definition of a UT. We discussed what it actual means in depth last night. Thanks.

The fact there's no RNS for a notification, indicates it was indeed a short closing.