Member Info for JeffMills

Watch this jump up this afternoon!

https://www.ft.com/content/9f2e3cc3-683c-4e62-ba19-acbe0776636c

'A 1.5GW energy island' | France's EDF to co-develop offshore green #hydrogen storage project in China.

https://www.hydrogeninsight.com/innovation/a-1-5gw-energy-island-frances-edf-to-co-develop-offshore-green-hydrogen-storage-project-in-china/2-1-1432129

In a possible further sign of easing inflationary pressures, the pace of wage growth on a year-over-year basis declined to 4.2% in March, from 4.6% in the prior month, continuing a recent downward trend.

Dennis Schulz said in his strategic update that inflation "has temporarily slowed down customer investment decisions..."
There had been a couple of wider concerns regarding inflation. Were the rate rises working? From today you could argue yes. And if so, could the economy withstand more rises? Again yes, according to analysts it remains resilient.

IMO the markets will now sway towards the target of 2% interest rate by the end of the year again, and rally back over next week.

Job data showed a slow down in new jobs + the economy in the US is resilient despite the banking turmoil - allowing for another rate rise, which in turn helps push down inflation faster.

Are you asking if the fall of inflation in the worlds largest economy is good news for ITM Power troublesome?

https://www.cnbc.com/2023/04/07/sp-500-futures-and-treasury-yields-gain-as-march-labor-report-shows-resilient-economy.html

Great news regarding inflation and a recession heading into the weekend. This is reason you should never sell over a weekend. S&P 500 futures and Treasury yields increased on Friday during a holiday-shortened trading session after the March jobs report showed a resilient economy and moderate inflation.

S&P 500 futures and Treasury yields increased on Friday during a holiday-shortened trading session after the March jobs report showed a resilient economy and moderate inflation. Great news, just what we needed heading into the weekend. Expecting a bounce back next week.

Its either an old daily mail quote or a made up phat quote.

I don't think the SP dropping has any link to the Weichai deal. So I strongly disagree with what 1863 just said regarding this dropping because this deal is investors single focal point.

Why is ITM Power dropping? They just announced a huge expansion yesterday. Why is Tesla dropping? They just announced record sales and profit.

Why is Fuel Cell dropping? They just beat forecasts by a mile.

Once the markets sort themselves out this will return hard, with or without the deal.

Great news for the sector. But what do you mean overtaken? Did you actually think we were ahead of Plug Power who have a 500 million revenue + 10x our market cap? What a stupid post.

RWE have received a 10mw electrolyser from Sunfire, + a Linde (ITM power) 4MW Linde electrolyser being delivered to an adjacent building in future to complete the plant.

https://www.h2-view.com/story/rwes-hydrogen-plant-receives-sunfires-10mw-alkaline-electrolysers/
RWE CEO "Lingen plant will help us to build up experience with two technologies for the subsequent operation of large-scale electrolysers"

Markets rising despite the shock move my OPEC. Very good sign.

The U.S. is working through the details to see if it can be passed through Congress. Debate will continue to grow and evolve. Here’s one link on the subject. https://cleantechnica.com/2023/02/12/us-clean-energy-goals-hinge-on-faster-permitting/amp/

“Faster permits for projects”
“The purpose is to fast-track the deployment of renewable energies in the context of the EU’s REPowerEU plan to become independent from Russian fossil fuels, after Russia’s invasion of Ukraine.”

Not sure what you mean Duggs because he is literally spending hundred of thousands of his cash. What you said was wrong mate. Have a nice weekend.

JV next week?

1. 25% rise in 2 days
2. Weichai Power Report regarding Ceres today
3. Executive purchase of 200,000 shares

WOW! How did I miss this. Huge, Ceres even mentioned!

https://www.lse.co.uk/rns/CWR/notifications-of-transactions-lxh3mxw7y8g47on.html

A purchase by an executive.. announced via an RNS