The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
While Bamford remains a Tory donor, he’ll lead them down his path.
Oops … did I say something to upset you Haggis? I know enough about product and process development together with validation , certification and to market to last me a lifetime. And I don’t need to look up what NDA means.
There may be some truth in its not always about Brexit Toneman, but my experience in European manufacturing notably Germany and Belgium changed measurably after 2016.
ITM has had some limited success in Germany and continues to have a presence , and I’d be surprised if ITM isn’t chasing other opportunities such as Port of Rotterdam.
In what way are Plug Power better than ITM? Is it the product or the business model? Do you think ITM will continue to struggle with its peers and if so what should they be doing differently?
Uniper’s Dutch green hydrogen project has selected Plug Power to design a 100MW electrolyser for Port of Rotterdam green hydrogen production. This is the first of upto 500MW by 2030. ITM misses out again!
The project is part of the Common European Interest Hy2Use programme which has approved €5.2bn of public support for hydrogen in 13 EU member states. Can someone remind me why Brexit is advantageous to the UK!
Absolutely not all about road transport. To be fair to Graham Cooley and for as long as I’ve been an investor in ITM (and that’s 12years or more), hydrogen is seen as an energy vector. There are so many end users that can benefit.
If there is so much going on behind the scenes and with no major announcements in recent times (years), it must only be that there is nothing of real value to the markets to hear. This company is going nowhere fast. I say that as a holder of many years.
Interesting document especially what appears to be a recognition for the part that hydrogen can play in the energy transition.See pages 75 - 80.
Thanks for posting the link AP.
All smoke and mirrors… the one thing JCB does well!
New Year usually brings fresh optimism but it’s how long it lasts. For me it’s not so much about optimism but actions and delivery. The BOD has a responsibility to its shareholders to get results. They could start by providing regular updates as to where site preparations are up to at Protos.
BTW .. Happy New Year to all. Keep the faith!
I was maintaining H2 handling and storage plant in the early seventies with road transport of it at 3300psi and absolutely no issues at all.
Bilbo, your point 4 is so true. Overall, this is such a flat and disappointing set of results.
As many have been saying for some years now, GC is now stepping aside. I await his replacement!
You might just get that … B of A giving ‘underperform’ with a target of 100p this morning.
Another post on LinkedIn this morning from Cooley telling us about Irish Distilleries and investment into new site run with green credentials- green hydrogen.
Not that ITM is involved of course. What is his point of reposting time and time again what everyone else is doing? My patience is in very short supply with this guy.
Totally with you Bellers. Given that the long awaited 1GW per annum factory has been finished over two years ( and that was long overdue) we still cannot get the orders in. The tie ups with the likes of Shell and Linde have given some positives but unless we get traction soon, competition will steal the march.
Can anyone shed light on the strengths and weaknesses of ITM’s and CPh2 technologies or comparison of capital and operating costs?
Meanwhile I’m still in here for the long haul. For what’s it’s worth, Truss did mention Hydrogen on the Beeb on Sunday morning. Mmmmm!
Another step in right direction. It does feel as though we are gathering momentum but these market movements are puzzling when there’s no news in the public domain.
MM …. I couldn’t help but notice the 500k was showing as a sell? But I do enjoy your updates! Keep it coming.
I hope it doesn’t follow the ITM trajectory…. It’s way down from where it was.
I’ve followed the alternative energy and hydrogen economies now for close on 15 years and invested in many of the prominent ones. Like so many here, I’m still waiting for lift off. For all the words from government and the recent COP26 on how important it is to decarbonise to save the planet and now it’s about weaning off Russian hydrocarbons and becoming energy secure.
We have so many good fledgling companies with excellent technologies in the UK but we are losing the race because of a lack of strategy and support from central government.