Member Info for Proper-job

@bonxie

It is four times oversubscribed so only a quarter of the money will be going to cover the IPO.

I'm wondering what, if any, effect the SpaceX IPO which finished yesterday may have had on our share price. It reportedly has allocated an unusually large 30% to private investors and is four times oversubscribed. So an awful lot of money has been raised which will now be looking for a new home.

Any thoughts?

I'm just guessing, but would imagine now that the grant is confirmed the timeline is:

1. Convene a board meeting to approve Chronos production line plans.

2. Issue RNS outlining said plans.

So I would expect an RNS shortly.

If anyone knows better please enlighten us.

You're making my mouth water!

I'm off to Cornwall in a couple of weeks and will be fishing for some off the rocks and out on the kayak. Yes, I've noticed the massive decline in mackerel numbers myself over the last 50 years, such a shame. But on a positive note tuna numbers are increasing; oh, how I'd like to reel a spicy one in!

@kitesurfer

Having had a quick read through today's posts, yes, I think you're 'bang on' there, another shorter stooge!

I don't profess to be a knowledgeable trader, but I thought the day ceased with the UT auction around 16:35. I've just had a look and trading continued after this; I noted the last one at 16:54 !

Could someone with more knowledge please explain what is going on.

Thanks in advance.

I was just reading one of the ever growing number of financial articles on ITM (link below) and noticed this little gem:

"In addition, a new 10-year service contract for Milford Haven secured through the subsidiary Hydropulse ensures predictable revenues. "

If correct, that crept in under the radar!

https://share.google/HeUBlvOx8Nm79Krgg

Sorry folks, finger trouble in first attempt!

I think you're right IKFA. Linde wouldn't buy ITM outright as they'd never get a decent return on their investment without harming their own business prospects.

Just my opinion!

I think you're IKFA. Linde wouldn't buy ITM outright as they'd never get a decent return on their investment without harming their own business prospects.

Just my opinion!

Funny you should say that! A while ago I looked at the trading window visible on this site across a short period of time; there were approximately 56k sold and 113k bought, so twice as many bought than sold. Over the period, the selling price dropped 0.1p and the buying price dropped 0.3p! I wouldn't classify myself as an experienced and knowledgeable trader, but it defies my logic too and can only assume as do you, MM manipulation. Perhaps one has interests with Helikon!

I agree; we need a positive FID or Hydropulse contract win to raise the share price. Given the project cancellations of late, I think the market is looking for certainty and that's why our biggest ever selected supplier win of late hardly moved it.

I couldn't agree more Seaangler.

I've often thought we need a national strategic policy body comprised of experts in their field to guide government decision making. An ideal replacement for the House of Lords! As you said our political masters are graduates in law, history, politics and all the other arts; there are no scientists, engineers or mathematicians amongst them. The lunatics really are running the asylum. (In case you're wondering I'm a retired R-R engineer).

I looked in today to see if there was a reason the share price has fallen. It doesn't make sense to me after Friday's excellent news. Can anyone offer any insights?

Thanks.

The economics for green hydrogen is continually improving!

'Viable pathway to $1/kg' | Plug Power-backed research validates PEM electrolyser catalyst that reduces iridium use by 90% | Hydrogen Insight https://share.google/i64zdUVfAqM3Ipj9G

Thanks for the tip Jaffjoon, I too have done the same. Anything to prevent the shorters playing their games will help.

I'm with HL and didn't have any issues. I've now a £5 sell limit set.

Would be nice if it triggered!

An interesting article on the nature of the brines.

Lithium discovery has vast implications for future mining operations - Earth.com

https://www.earth.com/news/lithium-brine-discovery-has-vast-implications-for-future-mining-operations/

@mcadder

Yes, that's my concern too. I was beginning to wonder how they're managing to keep the lights on and maintain their lifestyles. I fear they will 'print' some more shares soon and dilute our holdings again.

On a positive note I see the NextChemX share price has been rising steadily for the past year, which hopefully bodes well for their extraction technology.

Maybe, just maybe, "this time next year Rodney, we'll be millionaires!"

Just speculation, but I wonder if Bosch will be looking to take a stake, or more, in ITM given the current share price.

Any thoughts?

Pauly80

That's what I thought too, but they are 5 hours behind us so it may be after close of play here.

Provided all is going to schedule of course!

And I was lucky enough to buy some more at 0.100 !