Member Info for petesays

Thank you. I'd missed that.

Considering the world shift to 'decarbonisation', can anyone see any new institutional investor taking the PR risk of backing a pure-play driller (and producer, should that happen) - at all? It's hard enough for diversified energy giants pledging a green future.

Unless there's no oil....

I see how ITM might make money but technically, how does Getech advance the hyrogen revolution, beyond a wish to switcheroo, PR-style, out of the fossil fuel industries it served for years and I think still does?

Why https://www.reuters.com/world/uk/uk-talks-with-westinghouse-over-new-nuclear-power-plant-wales-times-2021-09-24/ when UK should be rolling ourt SMRs? https://world-nuclear-news.org/Articles/Rolls-Royce,-Cavendish-Nuclear-sign-SMR-partnershi

https://www.cnbc.com/2021/07/28/worlds-most-powerful-tidal-turbine-starts-to-export-power-to-grid-.html

I've held these throughout assuming the worst while hoping for the best. If it survives, this could be a belter.

Big share overhangs, as here, are embarrassing and must be addressed but need not be fatal. That said @Sparta10, your 'will be a lot of interest from institutional investors' does a lot of heavy lifting. If they're going to answer the call, why not now? BTW this is where the corporate broker must earn his pay - he must understand the story, pick up the phone and tell it powerfully.

... if any at all.

Er, they can't and don't know how much retrievable, quality oil is under the surface. One reason why this stock's so risky. Hence management's qualified optimism. If there was bad news, they'd have said. Or am I missing something?

Britain is rightly seen as one of the world's worst landfillers for several understandable reasons - strict rules on dumping, better enforced than many, high population density, wealth >> huge consumption, very low waste recycling levels... Knowing this, the Government must and will act, in keeping with its net-zero deadline. Whatever the problems here - planning, technology, real emission levels etc, there's no doubting the massive target market.

https://masterinvestor.co.uk/equities/small-caps-to-potentially-double-your-money/?mc_cid=473ed62eae&mc_eid=bbbb14f2de

Ex-CEO Tim Cornelius would surely have put out an RNS seeking to reassure investors - unless there were zero reassurance to be had.

https://www.business-live.co.uk/manufacturing/unions-seeking-assurances-sanjeev-gupta-19986999
"Last year, under his GFG Alliance venture, Mr Gupta consolidated his interests into three industry brands: Liberty Steel Group, Alvance Aluminium Group and Simec Energy Group."

British_Mike, because it's a robot and the answer is wrong.

Er, I just own the shares, I didn;t actually DO anything

https://www.thetimes.co.uk/edition/business/hydrogen-homes-trial-could-be-start-of-green-revolution-mfwg2hg6v
[I'd not be surprised if ITM were involved...]
Hydrogen homes trial could be start of green revolution
Emily Gosden, Energy Editor
Monday November 30 2020, 12.00pm, The Times
Hundreds of homes in Scotland will become the first in the world to have their heating and cooking needs met by pure hydrogen after a £28 million trial won funding from the energy regulator.
Customers in 300 properties in the Levenmouth area of Fife will have hydrogen-burning boilers and cookers installed free and be connected to a new pipeline network supplying them with 100 per cent “green” hydrogen.
The gas will be produced through electrolysis, which will use electricity from a wind turbine to split water into hydrogen and oxygen.
The first homes are expected to be connected in 2022, with the trial running for four and a half years initially.
The trial is being run by SGN, the gas network company, which has been awarded £18 million funding from Ofgem and £7 million from the Scottish government to proceed.
Decarbonising Britain’s homes presents one of the biggest challenges for cutting carbon emissions. About 80 per cent of homes are heated using natural gas boilers that emit carbon dioxide, which causes global warming.
Hydrogen has been touted as a potential solution because it burns cleanly. Although boilers and cookers would need to be replaced, hydrogen boilers could be used in conjunction with existing central heating systems. Proponents say that homes could be decarbonised with much less disruption than switching to all-electric heating systems such as heat pumps.
Switching to hydrogen heating could also enable the continued use of existing gas networks, which would be beneficial to companies like SGN, which distributes gas to 5.9 million homes and businesses across Scotland and the south of England.
Angus McIntosh, director of energy futures for SGN, said that the trial was an “exciting opportunity to revolutionise the way millions of people heat their homes”.
The hydrogen will be produced using an existing 7-megawatt wind turbine in Levenmouth. The project will involve construction of a storage facility that can hold about 5 tonnes of hydrogen, or enough to supply the 300 homes for five days with no wind generation. There will also be a backup option to power the electrolysis with electricity from the national grid.

You mean this journalist? "Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. As well as writing for the Motley Fool, he is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter and covers everything value investing for ValueWalk.com. Rupert began his career as a proprietary currency trader and still trades on a daily basis. Rupert holds professional level qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK."

https://www.telegraph.co.uk/investing/shares/questor-two-stocks-knocked-back-vaccines-one-set-fair-worth/
"We would say the same of Avacta, another Aim firm. It too has had the wind taken out of its sails by the vaccines because it had hoped to supply large numbers of the rapid “lateral flow” coronavirus tests on which so many hopes were pinned. "Again, if the vaccines can get the epidemic under control, there will be less need for testing.
"But this time, too, there is more to the story. Avacta has a second, completely unrelated string to its bow: it has adapted an existing cancer treatment called doxorubicin so that it becomes active only once it is actually in a tumour, which means that it causes much less collateral damage and can therefore be tolerated at higher doses and for longer.
"Adapting existing drugs in this way is much less risky than producing new ones from scratch. The firm is also well funded – the biggest risk for biotech start-ups is running out of money.
"That said, it is an inherently risky area and, although the shares fell heavily on news of the vaccines, they stand very much higher than before the pandemic. Another candidate for a small punt."

Many thanks for your well thought responses. I suppose the passage that most concerns me is....
"Electrolyzer costs too have been plummeting – with learning rates of just under 20% per doubling of capacity, similar to wind energy. There are still plenty of remaining pathways to reduce costs, and as the industry scales we will most certainly see electrolyzer costs come down. But there is a wrinkle. The EU Hydrogen Strategy wants to drive electrolyzers “from 900 euros per kW to 450 euros/kW or less in the period after 2030”. Leading Chinese manufacturers, however, are already supplying equipment at $200/kW ...
"Chinese producers benefit from cheaper raw materials and labor, but they have also focused on the more established alkaline electrolyzers. These, conventional wisdom used to say, don’t like to ramp up and down to follow peaks and troughs in electricity demand and supply. As a result, the EU, expecting electrolyzers to be powered by variable renewable energy, focused development for the better part of a decade on solid oxide and proton exchange membrane (PEM) technologies, the latter able to ramp up and down within tenths of a second. These are more expensive than alkaline and are still far behind in scale – and it turns out alkaline electrolyzers can also be designed to load-follow, albeit a little slower. Can the EU catch up with Chinese electrolyzer costs? Probably not. Can it hit its cost targets without doing so? Probably not.
"The very idea of using surplus renewable energy to generate hydrogen will turn out to be, on the whole, a mirage. It might make sense for an island grid, but not when it comes to a highly connected, continent-scale energy system. Here, the only thing that matters is to produce the cheapest green hydrogen possible, or you will be outcompeted by producers using the lowest-cost renewable electricity at high capacity factors, delivering via pipeline.