Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
This was just too tempting today with the SP hanging around 215p again.
Decision made , gone all in with spare cash.
Uncertainty does cause a great investment opportunity as investors panic sell , it happened at the start of the pandemic here at ITM if you remember when the price dropped below 100p after sitting around 172p.
No reason not to see 500p in the next couple of years , if not sooner in my feeling having been in from as low as 6p in the past.
Good luck everyone , expect some bumps along the way if this Russian episode extends over the coming months, now is the time to hold the nerve.
Today we see a world war is possible thanks to Putin.
Energy security should and probably will be the main priority of governments across the world.
Fortunately for us many governments around the world have already seen Hydrogen as a way forward for that and also it's 2050 net zero priorities.
Sensible money would be going into Hydrongen companies at the moment and I believe we will see that more than ever now.
Holding up well under the circumstances , another tranche added today at 225p.
Straight in at the opening bell and hit the trigger with a tranche at 215p
This is real bargain basement territory today if you have some spare cash, that's my belief as a long term holder who has seen these massive swings before.
Since the price was above 700p in the not too distant past , this company is in a much better position than then.
You have to take advantage in these times , they don't come along that often in investment.
The single most important thing to keep in mind is that in 2023 after the conclusion of the successful trials that ITM has been involved with via HyDeploy in mixing 20% Hydrogen in both private and public gas networks is that all 5 UK gas grid suppliers are looking to launch mixing 20% Hydrogen in the public gas grids.
No wonder ITM are getting ahead of the game and building that new factory.
This time next year ITM will be unrecognisable and today's price will look extremely cheap , hold in there.
The single most important thing to keep in mind is that in 2023 after the conclusion of the successful trials that ITM has been involved with via HyDeploy in mixing 20% Hydrogen in both private and public gas networks is that all 5 UK gas grid suppliers are looking to launch 20% Hydrogen in the public gas grids.
No wonder ITM are getting ahead of the game and building that new factory.
This time next year ITM will be unrecognisable and today's price will look extremely cheap , hold in there.
Was pleased to see my question asked yesterday regarding the 5 UK gas grid companies looking to add 20% hydrogen into their grids commencing in 2023.
This will probably be one of the most significant income generators for ITM moving forward being that they have been fully involved with the successful trials , hence they are keen to get to 2.5 GW manufacturing capacity in that UK asap, that would generate £ 400 million of income based on figures disclosed yesterday.
Just this order alone will blow the trading figures for the year ahead out of the water compared to the last financial year.
And we are just in the first month of the year so expect much more news like this looking at the order book and pipeline.
With the SP where it is now , a great time to add more or invest for the first time.
https://www.lse.co.uk/rns/ITM/24-mw-sale-to-yara-64mlu79h3cg67al.html
The article below is a great read and ITM are well placed to take advantage with the future manufacturing capacity being put in place together with over £ 300 million in the bank to finance the growth.
https://www.ft.com/content/f63f7f5f-a946-4595-95cd-a4ad056184b9
Having read the report , I would rather be in than out.
Fantastic investor confidence which has lead to a cash reserve of over £ 300 million.
The partnership with Linde will come into its own with the massive foot it gives ITM into the German market , this will almost be certain to be the location of the 3rd 2.5 GW factory off the back of the German governments commitment to green hydrogen.
Should push things back over 300p and well on the way back to 400p + when you look at the near term future increase in sales blowing all other years out of the water.
Has to be good news for Hydrogen .......= less dependency on Russia, and we know Germany has a major push on Hydrogen investing billions and ITM has a great foot in the door with Germany.
That 500+ SP may just be a bit quicker than you think.
Spot on Cleanerworld.
The below article slipped through many people's radar just the other week, it's why I have had no problem piling in and I suspect partly why ITM are building another factory to meet demand here in the UK...........
https://www.energynetworks.org/newsroom/britains-gas-grid-ready-to-deliver-hydrogen-across-the-country-from-2023-energy-networks-announce
No earlier than last year noggers, was 28th January last year for the half year results.
I certainly think the results could provide a lift.
Just bought a few more at 287p, seems quite undervalued now for the future potential on a global basis.
With ITM Power building the capacity for the potential they will be ahead of the game when the market gets flooded with orders.
February 1st ITM Webinar ..........
https://www.icheme.org/membership/communities/special-interest-groups/clean-energy/events/
And the big one will drop soon and we will all live happily ever after.
This is no fairy story in my view.
Nobody starts to build a new factory before the current one is at full capacity if they have no confidence in the future.
This is a fill your boots time. Took a few more at 318p today , didn't think I would be that lucky again.
Even a small slice of this coming ITM's way would be good , a big slice would be amazing .........
https://www.cnn.com/2022/01/14/business/india-reliance-gujarat-green-energy-investment-intl-hnk/index.html
Makes the the earlier RNS even more interesting.
ITM are certainly in the right market place with its German ties........
https://www.linkedin.com/posts/h2view_germany-to-significantly-boost-renewable-activity-6886685507632300032-OL8X
A good read ..............
https://www.theguardian.com/business/2022/jan/10/heres-how-to-solve-the-uk-energy-crisis-for-the-long-term-store-more-power
What a great buying opportunity.
I can't get it out of my head that the recent fund raise has no problem in getting away £ 250,000 at 420p a pop.
Nobody starts building a factory 1.5 times bigger than the current one without very good reason.
Yes , I did fill my boots up with some more at 351p this morning.
If anything ITM Power are in a much better position now than when the shares were sitting above 700p, work that one out as to why we are now sitting in 350 - 400p territory , I can't work that one out.