Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Imo, You will do very well here over the mid- long term .
Cheers and good luck.
New uncle
The share has been range trading for a while now, nothing to do with those 2.Market dynamics.
No doubt that you and the others here can make their own decision on DVRG without undue influence.
Good debate here today.
FWIW I'm invested and extremely bullish.The SP swings are part of the game.
You still in CPX ?
Now why would you be giving so much credence to the likes of TW and some non-entity called Elrico ?
LTH's waited a good few years for something with a bit of substance behind it.Finally,this looks to have some serious legs and for the true value to be realised after MMs constant ****-taking during AK's extensive periods of silence which haven't helped.
18p former level is just for starters as the licences roll in alongside new contracts and the Maxwell/Tesla patent breach plays out.
Happy days.
Good to see some CPX positivity of late.Well informed as ever PC01.Would you adam and eve it, the Quilter portfolio manager has the same initials as you. Presume this is just one of life's quirkier coincidences. Anyhow, will be pleased when AK gets around to officially confirming the "gist'' as you say.
Toodle pip ......
Good news for all of you who held (incl Open).Well done.
Will consider buying in again as there should be a steady stream of licences.
GLA
Ditto.......
LOL greanbean ha ha........
GL
for those who haven`t seen this report.......
Excerpt :-
"This prediction implies the country will need to build up to 567 megawatts of electrolysis per year for 30 years.
Implications for companies
Such a ramping up of hydrogen facilities across industry, energy and transport is expected to translate into a pick-up for a range of UK-listed companies, which is why investors such as Schroders has been stacking up investments in this sub-sector of the cleantech area.
One of Schroders investments is in AIM-listed ITM Power, which makes electrolyser technology that is already being taken up in consumer and industrial applications. One of these is a collaboration where Royal Dutch Shell PLC (LON:RDSB) is rolling out hydrogen refuelling stations using ITM tech for passenger and commercial vehicles over the next five years.
Reflecting on the CCC report, ITM chief executive Graham Cooley said: “For the first time, the UK has accepted they will need shedloads of the equipment that we make. It’s the first time that the numbers have been officially run on how much power is needed for a full renewable network and energy storage.”
Link to full article :-
https://www.proactiveinvestors.co.uk/companies/news/219972/climate-report-augurs-well-for-hydrogen-trailblazers-219972.html
Great (and rare) to see a CEO who is happy to directly interact with all shareholders.Keeps the momentum going and bridges formal news gaps so MMs have less opportunity to take liberties with the SP.Massive couple of years ahead at Skin.Right time right place..... Keep it going Gerard !
My first visit to "Lemminginvestors" and worth a read of a very well put together article. Cheers 4Rok......
here after a re-think last week.
CEO communication is the worst I have encountered on AIM and that is some going given the dogshite that exists.
There are clearly "influencing factors" and parties at play here.
Best of luck to all genuine LTHs...........
report cont)
This prediction implies the country will need to build up to 567 megawatts of electrolysis per year for 30 years.
Implications for companies
Such a ramping up of hydrogen facilities across industry, energy and transport is expected to translate into a pick-up for a range of UK-listed companies, which is why investors such as Schroders has been stacking up investments in this sub-sector of the cleantech area.
One of Schroders investments is in AIM-listed ITM Power, which makes electrolyser technology that is already being taken up in consumer and industrial applications. One of these is a collaboration where Royal Dutch Shell PLC (LON:RDSB) is rolling out hydrogen refuelling stations using ITM tech for passenger and commercial vehicles over the next five years.
Reflecting on the CCC report, ITM chief executive Graham Cooley said: “For the first time, the UK has accepted they will need shedloads of the equipment that we make. It’s the first time that the numbers have been officially run on how much power is needed for a full renewable network and energy storage.”
However, 2050 is a long, long way away.
“Yes, it is a long time,” Cooley acknowledged, “unless you think about how much equipment the country needs before then. With more than 550MW needed per year and each megawatt costing about €1mln,” says Cooley. “The numbers are very, very large – there will need to be around €0.5bn spent on average every year for 30 years to get to zero emissions.”
This is echoed in the CCC report, which said the government “should legislate as soon as possible” and that its target is “only credible if policy to reduce emissions ramps up significantly”.
“Hydrogen is the only solution”
With the electricity grid almost at full stretch now and the commission estimating that all new cars and vans should be electric within 16 years, “there is no way the grid can cope with that amount of extra demand”, says Adam Bond, chief executive of AFC Energy, developer of an electric vehicle charger based on its hydrogen fuel-cell technology.
“Hydrogen is the only solution to meet the demand,” Bond said, “and that is why the climate change report mentioned it on almost every page.”
AFC last month signed a deal with Rolec Services, one of Europe’s largest manufacturers of EV charging points, to create a system that integrates AFC’s technology and can be sold across Rolec's existing and AFC’s emerging network of EV charging distributors and customers.
Another name worth noting on AIM’s long-bubbling hydrogen scene is Ceres Power Holdings PLC (LON:CWR), which has developed a technology it has branded SteelCell. This technology, which can use natural gas, hydrogen or biofuel, overcomes two problems traditionally associated with other solid oxide fuel cells, namely cost and lack of robustness.
In a March update, Ceres said it was on track to double revenues this year as it accelerated commercial growth in the six months to 31 December, inki
Link and full article below :-
https://www.proactiveinvestors.co.uk/companies/news/219972/climate-report-augurs-well-for-hydrogen-trailblazers-219972.html
10:54 09 May 2019
New government report on climate change looks to have great significance for companies such as ITM Power, AFC Energy and Ceres Power
If Britain is serious about cutting greenhouse gas emissions by material levels across energy generation, transportation, industry and heating, there’s only one substance worth talking about: hydrogen.
The focus on hydrogen was one of the central themes to emerge from this month’s report from the Committee on Climate Change (CCC) and has great significance for a select band of ambitious London-listed companies, including ITM Power PLC (LON:ITM), AFC Energy PLC (LON:AFC) and Ceres Power Holdings PLC (LON:CWR).
Entitled ‘Net Zero - the UK's Contribution to Stopping Global Warming’, the CCC report calculates that the UK can end its contribution to global warming within 30 years by setting new targets to reduce national greenhouse gas emissions to zero by 2050.
While the government has already set carbon budgets and begun to develop policies on the path to reducing greenhouse gas emissions by 80% from their 1990 level, the CCC is now recommending the UK extend the reduction in greenhouse gases to 96%.
The government is considering the report and, with a history of respecting the advice from the independent body, is expected to adopt most or all of its recommendations.
Central role of hydrogen
Hitting the new target will require a “significant low-carbon hydrogen economy”, the report said, as the gas is the one alternative energy solutions that cuts across all systems.
Hydrogen was highlighted by the CCC as having a central role in achieving a zero emissions target, with the gas specifically mentioned as one of the priority areas to enable the significant changes required, with 141 mentions of hydrogen in the 270-page report.
As hydrogen-fuelled cars produce water vapour instead of greenhouse gases from their exhaust, the CCC said all new cars and vans should be electric or run on fuels such as hydrogen by 2035 at the latest, while hydrogen is also suggested as a potential alternative to natural gas that could be piped by adapting the current transmission network for use in periods of peak electricity and heating demand.
“By 2050, a new low-carbon industry is needed with UK hydrogen production capacity of comparable size to the UK's current fleet of gas-fired power stations,” the commission said, also recommending the gas could be produced efficiently from the two “essential” carbon capture and storage clusters that it said need to be up and running by 2026.
Digging deeper into the numbers, the technical report backing up the headline report predicted that between 6 gigawatts and 17 GW of electrolyser capacity will be required in the UK by 2050, depending on energy demand and utilisation rates. This prediction i
ooops *accumulation....
I can see that yesterday we had a buy of 666,000 shares at £31k and this morning "someone" is testing the water with a buy of 666 shares at £30.
Could this new LONG player be signalling the return of the beast or antichrist ? Watch this space.....I am open to all possibilities.
There endeth the sermon.
Back in the real world......the catalysts for sp upward momentum are stacking up nicely.Accumulatation is the name of the current game.........
Good spot SM.Starting to warm up here.
I`ve pulled out the following from the link,hope you don`t mind......
"ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce the extension of the UK refuelling collaboration agreement with Shell, which was originally announced on 10 September 2015. The new agreement will run until 2024, and covers the refuelling of all types of hydrogen vehicles; from passenger cars to commercial vehicles, including buses, trucks, trains and ships.
Current and planned Shell and ITM Power UK refuelling stations:
Currently ITM Power operates two hydrogen refuelling stations (HRS) at Shell service stations at both Shell Cobham on the M25 and Shell Beaconsfield on the M40. Four further HRS are funded. The HRS at Shell Gatwick is under construction and will be opened later this year; Shell Derby will also follow in 2019, with two further London stations also planned. The UK hydrogen refuelling station network has been jointly funded by the UK’s Office for Low Emission Vehicles and the Fuel Cells and Hydrogen Joint Undertaking.
Commenting on the agreement, Mike Copson, Shell Hydrogen said: “Shell has been working with ITM Power over the last three years to deliver hydrogen refuelling to our customers in the UK. The successes we have achieved at Shell Cobham and Shell Beaconsfield are a strong step toward making Hydrogen a convenient and viable fuel choice, and we look forward to continuing to expand the UK’s developing network.”
Dr Graham Cooley, CEO, ITM Power, commented: “We are delighted to announce our continued collaboration with Shell. We have been working together since 2015 and have developed a trusted partnership that forms a solid basis to expand in the UK and worldwide. I look forward to updating the market with further news as it arises.”
Thanks Surprised.
Understood......
Surprised,nice work there.
Did Allenby claim no knowledge of A$25m ?
Taken a few over the last week.ITM very well placed for a healthy slice of the market......