Member Info for RickSanchez

Dibs, I would imagine Helikon to be sitting on at least 250-300% profit. They can afford to close their shorts easily. Do not get too excited yet. As quickly as a price goes up, it can fall, remember, profit taking will kick in at some point.

USAB. If you are new to this chat, please do not succumb to the mindless responses of the regulars here. No, I am not Chinese, no, I am not a shorter. For some time now, I have merely been pointing out my take on this stock and the risks that still play a factor. Stiff competition in Europe and globally. Cheaper Chinese production costs play into that risk, along with China so far leading the west by a very long way – a fact. This information is not fabricated in my mind but based on due diligence and data-driven reports from a variety of trusted sources. Other factors include ongoing regulatory uncertainty in the UK and Europe. Recent developments in the US have sparked a rally, but I choose not to get overly excited until I see what Trump does when he takes office. Again, many reports, including the one you posted, clearly highlight the fact that Trump could strip the IRA apart if he wants to, and nobody knows if he will or not. If you really believe ITM is the golden ticket, then why not go all in? I won't because there are far too many risks still on the table. Simple.

Lucky can you hear yourself? If I lose here then you lose. I cannot tell who is worse amongst the regular rampers here. Hardly a braincell between the lot of you.

Dibs, why are you posting 2022 stats?

Latest Helikon Accounts: 2023 Period. I think you will find last year went very well for them, and they will be in a perfectly good position to cover their short when ready.

£10.98M Cash in the bank Increased by £6.76M (+160%)

Turnover - £17.76M Increased by £4.74M (+36%)

Assets £15.67M Increased by £3.77M (+32%)

Total Liabilities -£2.69M Decreased by £698K (-21%)

Net Assets £12.98M Increased by £4.46M (+52%)

Debt Ratio (%) 17% Decreased by 11.3% (-40%)

Dibs your memory has failed you. I cannot lose if ITM goes up as I have a holding here. Sorry to disappoint but if you make money so do I.

That's the multi-bagger you are all hoping for right?

Well I am in a good mood so good luck to all the ITM rampers, I am watching my Rigetti Computing Inc holdings fly!!

USABROTHERS only time will tell. No serious players will be laying town a big investment until after the fact.

Dibs, they made a pre-tax profit of 14.8 million for the 2023 period, accounts due possibly next month to indicate with 2024 period, I would say they didn't do too badly from the shorts, and last year was very healthy for them as well.

USABro. (after reading this) You have just confirmed what I have been saying. The following quotes come from your article. Secondly, Trump has publicly stated that he believes global warming is a hoax. US green energy investment has huge risk attached now as this lunatic of a president is so unpredictable. We already know that the DODGE has big plans to cut spending and reduce US debt, if Musk has anything to do with it that then it makes matters even worse! Musk has made his dislike for green hydrogen very clear.

"A second Trump administration also presents significant downside risk to onshore wind. Should Congress seek to repeal key mechanisms of the IRA or restructure an earlier phase-out of the production tax credit, deployment could slow significantly."

"The second Trump administration introduces greater uncertainty for low-carbon hydrogen investment. Without a clear Republican stance on hydrogen, the 45V guidance could shift dramatically. "

Dibs,

I was pointing out the blatant hypocrisy that you and many others exhibit here.

I can only hope you are "invested" enough here to have learned how to interpret a trading update. You had difficulty with this not long ago. Do you understand the cash burn situation now? Did you google EBITDA? Very important stuff Dibsy, to make sure your investment does not go south.

It's not that complicated, Seangler. There's an endless stream of positivity here, and a lot of it falls into the "ramping" category. Regulars here repeatedly post RNS that we can all see or post just about any positive article they can find, even if it has no bearing on ITM specifically.

I am merely highlighting the other side of the debate, posting relevant content, data-driven evidence that specifically makes ITM a very risky trade. Then the regular rampers throw a nonsensical tantrum, ignoring the fibre of the debate, and so the story goes.

Commission approves €3bn German-Dutch H2Global hydrogen import scheme. I remember Jeff posting this very link not long ago. It is expected to support the construction of nearly 1.9GW of electrolysis capacity globally, the aid will be awarded through a competitive bidding process on a “multi-regional basis” which the commission says could be concluded in 2025

Germany and the Netherlands will commit €2.7bn ($2.81bn) and €300m ($312m), respectively, to the H2Global double auction scheme that will buy green hydrogen at the lowest costs and sell it in the EU at the highest prices.

Hello, China!! One must really be naive to think that expensive western (ITM) equipment will be used here. I reiterate the above "buy green hydrogen at the lowest costs and sell it in the EU at the highest prices". This is the first scheme of many.

Updated Green Hydrogen Cost Projections

Currently, green hydrogen prices range between $3.74/kg and $11.70/kg, depending on renewable energy availability and electrolyzer costs. By comparison, gray hydrogen—produced from fossil fuels without carbon capture—costs significantly less, averaging $1.11/kg to $2.35/kg.

BNEF forecasts that even by 2050, green hydrogen will cost between $1.60/kg and $5.09/kg, marking a sharp increase from estimates made just 12 months ago. Meanwhile, gray hydrogen costs are expected to remain stable, maintaining a price advantage.

China and India: These countries are expected to achieve price parity between green and gray hydrogen by 2040, thanks to favorable renewable energy conditions and lower production costs

Bloomberg NEF had in the past forecast steep declines in the price of green hydrogen, which is made by splitting it from water with machines called electrolyzers running on renewable power. But in its forecast published Monday, the firm more than tripled its 2050 cost estimate, citing higher future costs for the electrolyzers themselves.

Only two markets — China and India — are likely to see green hydrogen become cost-competitive, according to BNEF. There, the cleaner fuel will reach a comparable price to gray hydrogen by 2040.

The stock market is fundamentally forward-looking. This means that market prices are not just a reflection of present value but are essentially a bet on a company's future performance. The is key in understanding why ITM power cannot sell their stocks. No matter what anybody says on here, that fact remains. The forward-looking prospects are still not enough to convince the right institutions, close the shorts or boost broker ratings. If ITM do not sell-out, it will be a very long, frustrating climb back up if they make it there before their cash runs out or another placing dilutes the shareholder value even further.

Installed water electrolyser capacity reached 1.4 GW by the end of 2023 and could reach 5 GW by the end of 2024. China leads in terms of committed projects and could account for almost 70% of 2024 capacity. , China has emerged as the main electrolyser manufacturer (it accounts for around 70 per cent of planned electrolyser manufacturing capacity globally). The cost of Chinese electrolysers is around $600/kW, while estimated costs in Europe are roughly $2,500/kW 64. Export of Chinese electrolysers could represent a challenge for the EU's electrolyser manufacturing sector. China currently leads Europe and the US on electrolysis projects under construction.

https://www.oxfordenergy.org/wpcms/wp-content/uploads/2024/06/2024-State-of-the-European-Hydrogen-Market-Report.pdf

Laurie you are living a grand illusion and lack the ability to see the wood for the trees. You clearly have no idea how advanced Chinese manufacturing can get. They have done it with EV's. Here are the words of Elon Musk himself in regards to EVS

"Electric car sales in China are gigantic … the Chinese car companies are extremely competitive," said Musk.

"By far Tesla's competition is in China. There's a lot of people out there who think that the top 10 car companies are going to be Tesla followed by nine Chinese car companies. I think they might not be wrong," the Tesla CEO added.

Musk said that the manufacturing prowess of Chinese EV companies meant that China was Tesla's most competitive market.

"China is super good at manufacturing, and the work ethic is incredible. If we consider different leagues of competitiveness at Tesla, we consider the Chinese league to be the most competitive," he said.

China is the world's most important EV market, accounting for 59% of global sales in 2022, according to the World Economic Forum.

They will do the same with hydrogen. Easily. They already have a capacity pipeline to produce 70% of the global production levels.

Jzchat, what the handful of regular rampers here fail to acknowledge is that the very reason Europe has imposed a 20% limit on Chinese-made electrolysis equipment is not because of the lack of quality. It is solely due to competition. If these restrictions are not put in place, not a single European manufacturer would be able to compete. If these restrictions were not put in place, ITM would be done and dusted. That is the Chinese threat.

But quite right, they will have two products on offer: the cheapest electrolysers and by far the cheapest green hydrogen. And remember, Europe recently opened its books to international purchases of green hydrogen. I am yet to see how Neom unfolds but that will also be stiff competition for EU.

Jeff, filtered, I will show you how to do it properly.

Jeff. You've crafted a unique brand of engagement into this discussion board: selective blindness and uninformed commentary. It's quite the performance! Ignoring the information driven arguments and data I've presented, you've chosen to wade into the discussion allegedly blindfolded. A bold move, Jeff, though perhaps not the most strategic. It leaves one wondering... desperation or delusion? You decide but you are not fooling anyone here.