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Can only be good news for the likes of ITM Power .......
https://www.ross-shirejournal.co.uk/news/inverness-green-hydrogen-transport-hub-takes-a-step-nearer-c-273394/
Some good news for the future of Hydrogen vehicles and off course the knock on effect for ITM in producing green hydrogen .
https://www.express.co.uk/news/science/1600898/energy-crisis-uk-hydrogen-breakthrough-paves-way-cheap-truly-green-power
No sure if this has already been shared , well worth a read.
https://www.themanufacturer.com/articles/far-from-being-the-fuel-of-the-future-is-hydrogen-the-fuel-of-today/
A great article on the planning application for the new factory.......
https://www-thestar-co-uk.cdn.ampproject.org/c/s/www.thestar.co.uk/news/politics/climate-crisis-plans-for-ps70-million-sheffield-facility-to-play-major-role-in-reaching-net-zero-3642057?amp
This is the link to the article..........
https://www.theengineer.co.uk/itm-power-gears-up-for-green-hydrogen-revolution/
After the success of the safety trial in blending 20% hydrogen in public gas network , blending could be rolled out across the UK as soon as 2023 new report says ........
https://www.thetimes.co.uk/article/d7d1a3dc-b6b3-11ec-8ba8-f6bf3099f5f6?shareToken=d04fe98186a4e7208a849832c5ae24c9
Then one day out of the blue , or in this case out of the green hydrogen it will be ...........
Boom , bang , bong .............lift off.
ITM power will head north fueled by its one green hydrogen rocket with contracts left right and centre and we will all live happily ever after.
It might seem like a fairy story but their is so much just over the horizon the most exciting of which is the 20% mix that is going to happen in our own gas network here in the UK from 2023.
A little more patience needed , but the even bigger reward for us long termers is not far off in my view.
National Grid aiming to inject 20% hydrogen into the grid by 2025 as trial kicks off in 300 homes in Scotland.
No wonder ITM are racing ahead with plans for the new factory.
A good read .........
https://www.bbc.com/news/business-60241966
I think the company is in a much stronger position now than when the SP was riding over 700p.
The Russian affair has really brought home how all nations now need to be energy secure and with the abundance of Hydrogen what better place to be invested at the moment that a decent Hydrogen tech company.
It's a double whammy as it answers the need to get carbon emissions down as well with green Hydrogen.
It's a no brainer to be invested in Hydrogen at the moment in my eyes and many others.
The article below is a great read and shows how large industrial corporations are taking things into their own hands to get an edge with consumers regarding the environment , others will follow.
A new industrial revolution is happening off the back of green hydrogen and I still believe we are still in at ground floor .........
https://www.h2-view.com/story/care-for-your-hair-home-and-the-environment-hydrogen-to-transform-the-manufacturing-process-of-domestic-items/
In the meantime none of us long term investors can complain especially the wise ones that have already banked the first round of mega gains.
I make no bones that when I took my first 2500% profit now invested in a new business venture that I could have ridden it out and made even more , but 2500% , what's not to like about that.
Now well and truly on course for the next round of profits over the next 5 years and if it all goes wrong , I won't be complaining , my investment in ITM the last six years has been life changing , now able to be classed as semi retired at 58 and looking at 60 to be fully retired by 60 if I choose too.
I have got a lot of respect for Graham Cooley having met and talked to him at an investors day some 6 years ago and to where he has taken the company today with the inward investment he has attracted to ensure the future growth goals are achieved.
I fully believe we will look back on today's SP in 5 years time and will be thinking " glad we kept the faith "
Absolutely Loadadough, today's price will look extremely cheap in 5 years time when everybody knows about Hydrogen.
It's amazingly still under the radar of many investors , but they are waking up this last couple of weeks when it's so evident how oil and gas rules the world at the moment and is adding misery to people's budgets as home energy and fuel for cars rockets after part of the world being destabilised by war with a country that has a lot of control of prices of these fossil fuels.
Every nation has the chance to have its own energy security with hydrogen , another benefit besides it's green credentials when made via electrolyzers
It's not bad as a long term hold either , I got most of mine at 14p to 25p 6 years ago , but yes since the start of the pandemic there has been great day trading opportunities for the spare cash of long term holders.
Best of both with ITM. Today's price will look extremely cheap in 3 - 5 years in my opinion.
I know a few others here couldn't resist buying more when we were hovering around the 215p price point last week.
I went all in with my available cash I had held back from my first profit take a couple of years ago in my ISAs , end result , cashed out those new short term holdings at 335p today , that's the holidays paid for for the next few years.
Have always had faith in ITM since I first bought in six years ago and have every faith the funds I keep in my SIPP will see me alright over the next 10 years, never been so certain of an investment in my life.
People moan on here about lack of news but let the commencement of the new 1.5 GW factory before the 1 GW is up to capacity and the planned on of 2.5 GW oversees tell you all you need to know for the moment.
No company gets inward investment for this to happen for no good reason.
Sit back an enjoy the ride and with the price having its volatile moments as we have seen at the begining of the pandemic and now at the beginning of this war , make a bit of short term cash off the back of the panic sellers, where else could I have got 50% profit in the last week , certainly not from cash sitting in an ISA
My main driver at the time six years ago for investing in ITM was because I firmly believed in the future that Hydrogen cars made far more sense than electric cars.
I still do and still believe that Hydrogen cars will come up on the rails in the next five years and give electric cars a good run for the money. ........
https://www.brinknews.com/the-battle-over-electric-vehicles-could-hydrogen-win/