Member Info for Malik-

https://m.youtube.com/watch?v=zu04LL46qFU&feature=youtu.be

Good interview just out. Says were an agreement between Cez and Skoda to materialise would be clearly beneficial to EMH - which sits 50km away from site. Confirms timeline of project.

And see no reason why we don’t hit 70p by Friday/Monday.

This is the most undervalued hydrogen small/mid cap; and trades on bombed out valuations even heading into what remains one of the biggest catalysts for the shares, so far (ExtremeE).

Shares currently discounting:
-Overly conservative revenue scenario mid-term - implicitly pricing-in that it takes a ridiculously low 0.1% market share of the diesel generator market in time; a sector for which AFC’s Alkaline technology is most suited to.
At 1% market share, that’s 10x upside to the shares.
-While significant developments have been completely overlooked. 1) ABB taking a stake in the company - is a huge deal; and that was done 8% above where the shares are trading at today. 2) Goldman Sachs organising a roadshow is a huge deal too. By the way, GS’ equity research franchise is a pawn to its investment bank. They don’t organise a roadshow without seeing potential for corporate finance action/M&A. 3) shares trading below announcement of agreement with Altaqaa. 4) shares trading below announcement of Key senior hire from Ballard as technical officer; who is a world leader in fuel cell tech.

I remind again, that ITM traded at £700m market cap in April last year, when it only generated £3m of sales into that year. Yet since, the whole hydrogen investment thesis has taken a leap via EU and Uk backing, and Biden election.
I stick to my reasonable 3x upside from here; with blue sky upside potential of >10x.

Market hasn’t woken up to this yet.
It’s a significant catalyst for the shares - company competently under the radar of investors currently, yet with an investment story with enormous potential - and none of which is remotely priced.

I disagree.
Expect an RNS soon after the ExtremeE weekend, just as was the case with Altaaqa.

I have shared my views on this multiple times.
This would super bullish for EMH shareholders.
People just not getting it...
Just like they are not getting the meaning of what higher hydroxide and tin prices mean for the project.

That’s precisely my point.
As I said previously, I am calculating an adjusted NPV of up to 30% higher than that published in PFS on spot commodity p...
Yet the market seems totally oblivious to this.
I think the market was disappointed at hearing CEO saying offtake taking longer; it may have also sold off on the back of Infinity Lithium - though to me, where the Infinity asset not to see light of day; that should actually be positive for EMH... one less lithium asset in Europe.
Cant really see any other reason/ why we are trading where we are...

What’s your view on the share price declining daily?
What are we missing?

Welcome

Of course there is manipulation - they earn the spread. So 1) they maximise bid/ask when there is big new flow. 2) They also accelerate share price declines to accumulate stock before letting it recover.
But they also manipulate on way up- which magnifies rises...
Though manipulation is something that’s only relevant in the very short run.
Fundamentals always prevail.

Thanks.
So basically we find out in June if there’s agreement between Cez and Skoda.
That’s a pretty big deal and just around the corner.

Were this to indeed materialise, it alone doubles the valuation of ALL lithium stocks.

Were this to indeed materialise, it alone doubles the valuation of ALL lithium stocks.

This is nonesense technical derating to move the shares back to moving averages (59-63).
BUY

Focus on fundamentals.
At current market cap, we re discounting ONLY £20m of sales pa mid-term; which is ridiculously low compared to the total addressable market of diesel generation alone (1/1000).
ExtremeE remains one of the biggest catalysts this company has had so far - and I expect flurry of contracts this year as a result of this event.
Again, no reason why we don’t get to 70+ into next week...
... and 180p by year end (as per my other thread).

I am targeting 140-180p THIS year in light of one of the biggest catalysts the company has had of yet - ExtremeE. I expect a flurry of agreements on the back of it which the market is completely overlooking here - giving this stock one of the best risk/reward profiles out there.
At current market cap, we re discounting ONLY £20m of sales pa mid-term; which is ridiculously low compared to the total addressable market of diesel generation alone (1/1000). BUY!

Let’s just say that Piedmont close to doubled the day of their offtake announcement. And now it trades 3x higher than prior to the announcement.
This indeed squares perfectly with my calcs of 3x upside as per above.

I can’t think of a single company which is a covid recovery play which hasn’t at least doubled for their lows.
Whatever your views of management are, everything has a price, and this stock is trading on bombed out valuations.

Their agreements with SGN and Element 2 are not taken seriously by the market, and my view is that the market is just wrong.
These are very high profile counterparts which have the scope to really transform the market cap of this company.

We re now trading even below 23% of adjusted NPV.
Companies with confirmed offtakes trade at 70% of NPV.
So if anyone thinks the market was pricing an offtake soon - or indeed any at all - is wrong in my view.
This is a great entry point: Potential to triple your money, yet what’s the downside? Minimal