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Down about 3% from when I posted the below, so maybe not going to be a strong finish. Oh well, glad I don't day trade for a living.

Think we may finish strong as US market now open and Bloom Energy is up 26% (not that I hold them). This is the sector to be in.

Great post Dr and absolutely agree. OMI is a different beast to GGP. OMI is all about proving up what is in the ground. Drill results will define OMI's performance and with so many high prospective targets being drilled you have to say the chances of this "hitting gold" pun intended are very high.

It does feel like momentum is building with OMI at the moment. All it would take are some great drill results to land and I think we could be testing 40p level again. Very happy to sit back and watch thing unfold here. So much potential with this share to really 🚀🚀🚀🚀

Great posts all, glad to hear that Morgan Stanley have upgraded their target for this to 170p. Rightly so, recent news has been transformational. It reminds me of GGP when that was completely transforming itself. Analysts could not keep up and constantly kept upgrading their targets as the price just kept surpassing them.

Also great to see such amazing results from Bloom Energy reported last night.

Magic happens when you are in the right share in the right sector. I'm very happy with my investment in ITM.

I feel sorry for anyone who sold yesterday. We are instantly bouncing from yesterdays low. That's why I don't trade shares like this. I truly believe we will hit new all time highs in time. You just need to handle the ups and downs along the way.

Believe me when I say I have a lot of these share like a crazy amount.

Interesting day. I tend to switch off when we have days like this. It is all part of the journey.

I think the only people that get worried are the ones who have not done their research or have bought purely because it was going up. We did not even hit the bottom of last Monday's pull back being 123p. Really not worried at all. If you want big gains you need to be ok with the volatility.

Great posts all and I'm in this for the long term.

It's easy to get sucked into the daily movements as they have been dramatic recently. I think we can all see a very bright future ahead for ITM, which is not only good for investors but good for the environment as well.

Very happy to sit back and watch this unfold. I have already completely loaded the boat on ITM shares but as time goes on and more funds become available, I will be adding more.

On the daily chart last Monday was the only day we closed at a lower price than we opened so red candle, the rest of the week we closed above the opening price so green candle. Let's hope this week plays out the same.

Although we are down from the opening price it appears that around 145p is acting as the floor. We will see how the rest of the week plays out.

Daily deviations are as follows:

Friday 17th - Open 104p, Low 101p, High 145p, Close 132p (Green)

Monday 20th - Open 143p, Low 123p, High 145p, Close 127p (Red)

Tuesday 21th - Open 132p, Low 130p, High 145p, Close 138p (Green)

Wednesday 22nd - Open 137p, Low 133p, High 145p, Close 140p (Green)

Thursday 23rd - Open 141p, Low 136p, High 145p, Close 143p (Green)

Friday 24th - Open 141p, Low 140p, High 167p, Close 155p (Green)

Monday 27th - Open 161p, Low 143p, High 165p, Close 143p (Red)

If I was a shorter (which I am not and never have been) I would want to try all I could to "manage the price" on Monday to set the narrative. Make holders question themselves etc. Markets are a lot about psychology. Maybe it was not a short attack who know, maybe there was selling pressure but it does seem to go against the recent flow and I am not aware of any bad news that has been released.

Let's see how the rest of the week plays out.

If you got share around 145p well done. If that is the best they can throw at us they really are in serious trouble.

Live price to buy now at 150p so could well be blue today.

Yes, look at all the other shares in our sector Ceres, AFC Energy, Nel ASA all green. This feels targeted don't fool for it.

My wife made me go shopping so I have missed out on the drop. 145p is the resistance as others have said. My break that for a bit but still not concerned.

Need to expect games like this after such a strong run. Feels like short attach. Dumping shares to flush weak hands.

Yes, I personally think £3 is coming, it's just a matter of time.

Any new positive RNS, which we know there a loads waiting to drop, will now send this flying.

Share liquidity is drying up. Holders are demanding higher prices. At the moment we are in a consolidation phase from Friday's gains. Which is very healthy.

How I see things playing out today. Without any new news. Dips bought around mid-150s, rallies test 166p-170p. All very healthy.

So looking forward to watching this week unfold.

To all investors, you have made a fantastic choice in ITM. Remember the shorts need your shares. Don't let them or anyone else try and convince you otherwise.

Sit back and enjoy the ride. Happy days indeed.

Hi Bardz, interesting post but I do think that more happened at Rolls Royce than purely a recovery due to flying hours. I am sure that was a huge help but I think that massively plays down what Sir Warren East's tenure as CEO of Rolls-Royce (2015–2022) did during his time.

Sir Warren East is now part of the ITM team. He joined in October 2025 and I think that is a huge endorsement to ITM and will make a massive difference.

See below regarding what Sir Warren East did:

Sir Warren East's tenure as CEO of Rolls-Royce (2015–2022) is often described as a period of significant "turbulent turnaround". He took over a company struggling with multiple profit warnings and left after steering it through the existential threat of the COVID-19 pandemic.

Key Performance Areas:

Financial Restructuring & Survival:

Pandemic Management: When the pandemic grounded global aviation, Rolls-Royce’s revenue (heavily dependent on engine flying hours) collapsed, leading to a record £5.4 billion loss in early 2020. East responded by raising £7.3 billion in emergency funding and cutting 9,000 jobs to ensure survival.

Cost Savings: He successfully completed a major restructuring a year ahead of schedule, delivering approximately £1.3 billion in annual savings.

Market Value: When he started in 2015, the company was valued at roughly £15.7bn; at his departure, it was worth about £8bn, reflecting the severe impact of the pandemic on the aerospace sector.

Operational & Technical Challenges:

Trent 1000 Issues: Much of his leadership was dominated by fixing durability issues with the Trent 1000 engines (used on the Boeing 787). These faults cost the company roughly £2.4 billion between 2017 and 2023 in repairs and customer compensation.

Modernisation: He moved the company away from being a "collection of fiefdoms" toward a more streamlined structure with three core units: Civil Aerospace, Defence, and Power Systems.

Strategic Legacy:

Net Zero Transition: East is credited with setting the company’s "pioneering vision" for a net-zero future, including achieving a world speed record for electric flight and demonstrating hydrogen combustion in aero engines.

Disposals: To shore up the balance sheet, he oversaw the sale of non-core assets, including the L'Orange fuel injection business and the Commercial Marine division. By the time he stepped down, the company had returned to an underlying operating profit of £513 million (2021), up from a nearly £2 billion loss the year prior.

Obviously Ceres Power has a different business model to ITM so it's not a direct comparison but this sector is attracting serious interest after being unloved.

This is just my personal option so please don't base anything on it but I have no intention of selling any shares for less that £5 absolute minimum, so I would say £4.75 is looking more and more like a reality than a dream. A lot needs to go right though but I just feel it is going to.

Also interesting @breakofdawn how you mention Ceres Power because I was looking at that before I chose to invest in ITM (which I am very happy I did because I think ITM is a better investment). Ceres Power has gone up 744% over 1 year. ITM has gone up 406% over 1 year so we have some catching up to do. As you say this sector is looking so good at the moment and I really don't think it is anywhere need ending I think we are only just getting warmed up.

I agree about the shorts, they are losing control. It feels like pressure cooker, things are going to get very interesting indeed.

Also, some may look at today and say if faded off it's highs and feel a bit deflated. I really don't think they should. Today was nothing short of amazing. The break from resistance of 145p and the run we had to 167p in one day is phenomenal. I was expecting that to play out over 1 week not one day. This share is showing such incredible strength it is truly amazing to watch. It feels like we will be at £3 in next to not time at all. I am trying to not get to excited.

Makes sense. Thank you for explaining that. I am learning all the time.