Member Info for RickSanchez

So far the RNS has been optimistic but zero talk of revenue to come from these projects. Hopefully we get answers tomorrow.

After all these months of the stock price declining, JP Morgan suddenly decided to lower their price target by 30%. When the recent RNS was release and pro-hydrogen labour party voted in. If there was ever a sign to buy, this is it. To seal the deal, the shorts should close relatively soon.

It is comforting to see all this inventory. Now we just need the UK government to pull their fingers out and get the hydrogen economy rolling.

*so

Fake news on Musk switching to hydrogen. How are people to easily fooled?

Jeff, ITM might be in the business of making electrolysers but nobody is buying theirs. Only one or two pilot projects. If ITM is to be profitable in 1.5- 2 years then the stock price would reflect that. The SP isn't budging because so far ITM is not selling. And no confirmed pipeline of sales either. Just slowing chipping away at their cash reserves that largely came from their previous fund raise back at £4.

Bilboburgler, nailed it.

Well done, now sell them Dennis. A lot of them!

Constructivenews on the money. Tweets from Dennis mean nothing, RNS confirming big paid contracts. That is all that matters. Nothing to celebrate till that happens. Jeff is on LSD dreaming and the trip keeps on going.

From what I can see, ITM simply have a stand at the event. They are not providing any guest speakers or taking the spotlight in any way. Just another company amongst all the rest. So I would not get too excited by this.

Hence why Helikon is maintaining their short position. No contracts being confirmed. Only industry suppression.

Yes, sadly back to the 40's we go.

Contracts are what I want to see. Signed, sealed and delivered. Not the least bit interested in a font change of the company logo .

Constructivenews, once again if AFC's tech is so amazing, why is that not reflected in the stock price? You keep ranting about their cracker technology but it appears that there are only cracks in your theory that somehow ITM are in trouble.

I'm very intrigued by what Helikon considers convincing evidence for shorting ITM, given all the heavy government investment in the industry.

Yes just look at the AFC share price, that tells me how amazing their technology is. (Not)

Linde is on the list of companies for this project. It's massive!

Several projects are expected to be implemented in the near future, with various large-scale electrolysers expected to be operational between 2026 and 2028, and pipelines between 2027 and 2029 depending on the geographic area. The overall completion of projects is planned for 2029, with timelines varying depending on projects and companies.

https://ec.europa.eu/commission/presscorner/detail/en/ip_24_789

All 33 projects included in the IPCEI are highly ambitious, as they aim at developing infrastructure that go beyond what the market currently offers. They will lay the first building blocks for an integrated and open hydrogen network, accessible on non-discriminatory terms, and enable the market ramp-up of renewable hydrogen supply in Europe. This will allow for the decarbonisation of economic sectors that depend on hydrogen to reduce their carbon emissions.

If this is connected to their recent twitter announcement, then there could be some solid news coming in soon.

And it pushed inflation and interest rates through the roof, making lending to fund those industries very challenging. If the case for alternative energy sources being in greater demand since the war in Ukraine were true, we would be very wealthy now, and ITM stock prices wouldn't have tanked by 90%. The global economy must recover first; then we can be wealthy :)

Cureboy they sure as hell did not know that after that placing took place, a war would break out in Ukraine and wreck global markets, after a massive covid hangover.