Member Info for RickSanchez

Article excerpt.

"President-elect Donald Trump is poised to invoke emergency powers as part of his plan to unleash domestic energy production while seeking to reverse President Joe Biden’s actions to combat climate change, according to people familiar with the matter.

The move is set to be among an array of actions Trump will take — starting hours after he’s sworn in on Monday — to deliver on campaign promises to boost domestic energy output. The president-elect is prepared to compel policy shifts that would enable new oil and gas development on federal lands, while directing a rollback of Biden-era climate regulations, said the people who asked not be named due to the confidentiality of the information.

While many of the executive actions will simply kick off a lengthy regulatory process, they’re set to touch the full spectrum of the US energy industry, from oil fields to car dealerships. They also underscore Trump’s determination to reorient federal government policy behind oil and gas production, a sharp pivot from Biden’s efforts to curb fossil fuels"

Let's see what happens to Plug today.

The drop is coming. What Helikon and Qube are waiting for.

https://www.bloomberg.com/news/articles/2025-01-20/trump-to-declare-national-energy-emergency-unlocking-new-power?cmpid=012025_marketsdaily&utm_medium=email&utm_source=newsletter&utm_term=250120&utm_campaign=marketsdaily

Low carbon hydrogen is most definitely a growing industry but as I have said many times before, green hydrogen is by far the most expensive version so blue will take market dominance, and red/purple and turquoise (do not need electrolysers) are more attractive than green if Nuclear energy ramps up. And yes, many private firms investing in green may get burned, but Linde for example can take the hit, their stake in ITM is only 0.05% of their Market cap. I would imagine most private equity has done the same by allocating a very small percentage of their capital towards green hydrogen, the rest is all conditional government loans, paid for by us, the tax payers.

Well said bilbo. FF, being a multi-trillion market have the financial might to bribe just about anybody.

Unfortunately that's not how it works. What happens in the US has a knock-on effect and major backward energy policies like his will be felt in the UK and Europe. Just like when IRA policies were announced recently, there was an uptick for ITM, it goes both ways bad news for the industry there will be bad news for ITM.

Here we go. Trump, a president that agrees to set up a meme crypto token days before is inauguration. Convicted criminal and that loves fossils fuels and thinks climate change is a hoax. Pain to come for ITM shareholders.

https://www.cnbc.com/2025/01/19/how-trump-could-declare-a-national-energy-emergency-.html

True light powered by fossil fuels and science.

USA, I can no longer engage with you, your level of written english appears to match that of a pubescent teenager with learning disabilities. And your ability to process what I have written reaches the same level.

One thing I can say is people on a low income want the low energy bills and nothing comes close to the price of fossil fuels. They won't pay $5 for a loaf of bread when down the road they can buy the same for a dollar. And also America is the largest producer of oil, so as you call it, the oil cartel boss.

Wake up, America! Reality check time. Your obsession with ITM 'green hydrogen' is laughable. It's a pipe dream, miles away from the affordability of real energy solutions like oil and gas. You think you're smarter than the market? The oil and gas drilling sector raked in a staggering $4.3 TRILLION in 2023. Green hydrogen? A measly $8 billion in 2024.

Big Oil showered its shareholders with $213 billion in dividends while you're chasing rainbows. You're clinging to this 'green' fantasy while people struggle to pay their bills. This 'green hydrogen' utopia will only crush the working class with its exorbitant costs. Other forms of low-carbon hydrogen are emerging, far cheaper without even using electrolysers. What happens when that technology advances. You seem to have some fetish for the Brits, the Brits that pledged 10 times the funding into developing CCS technology that supports the oil and gas industry that will make cheaper blue hydrogen.

Trump spelled it out for you – oil and gas are his way forward. But you're too blind, too stubborn to see it. A textbook case of denial.

All your talk and look at ITM, Stock price stuck at 5 year lows, down 92% from last fund raise. Burning 60 million a year. Get those facts into your skull. More pain to come to this stock now that Trump is in town.

The man could not be more serious. He will tear down the US green energy world by boosting fossil fuels. Green hydrogen will have no buyers there. Back to the $5 loaf of bread vs a$1 loaf. Europe will feel it. Shorts are rubbing their hands with joy.

https://www.cnbc.com/2025/01/19/how-trump-could-declare-a-national-energy-emergency-.html

Very big week indeed. Trump imposing tariffs causing new supply chain disruptions and costs. Also beginning his charge against what he calls the "green scam" by unpicking the IRA and scaling back funding for green initiatives. ITM will be on the losing end of course. I bet Qube and Helikon are excited.

https://www.hydrogeninsight.com/production/analysis-unpredictable-trumps-second-term-could-see-us-green-hydrogen-projects-frozen-indefinitely/2-1-1763883

Why stop averaging down then? You said onwards and upwards right? So a guaranteed win if you buy as much as you can now. Well then, you clearly bought in sky high, and now sitting on a 40% loss. And you insult my investments. I get you are feeling the pain of ITM delivering losses year after year. Ouch. I hope that is not 40% of a large number.

Lucky you have also given away that you have some level of disbelief that ITM will succeed, Your average is 59p. The fact that you have not piled in at these levels or even when it hit 32p shows that you see a world where there is no return on your investment. Otherwise your average would be far lower.

Lucky you are failing to answer a simple question. I also have no idea why you brought Plug into your answer as I was the one that agreed with you that they are sinking deeper into their mountain of debt.

My point to you is that you are deliberately being dishonest in your posts by inflating the numbers. You should be saying +-191 million considering the high cash burn from December to April. This amount will be less that 190 million they finish the year with net cash 170 million as that will be a monthly cash burn of 8.25 million. At best 194 million if they finish with 180 million by April.

Don't be a liar lucky. As for Dennis, the man might have cut costs but he did not put is salary into those budget cuts, taking a million quid per year and then leading the stock price from the 92p all the way into the 30p range. Those linked-in posts just aren't working are they.

Plus/minus does not apply when it is only a minus and 9 million from the figure you are claiming.

Laurie, kindly enlighten us on the basis of your '200 million in the bank' figure. Your calculations, if you have any, would be greatly appreciated. I've transparently shared my own, derived directly from the trading update.

Your assertion seems to imply ITM miraculously consumed only 3 million since that update. Could you elaborate?

Frankly, your current figures cast a significant shadow on your mathematical abilities.

“Remember, if you don't sin, then Jesus died for nothing”

― Ricky Gervais

USABROTHERS is that for Lucky who's breaking one of the 10 commandments? I hear your God gets very upset over things like that.

Lucky 195 million in the bank, in 3 weeks close to 191 million , and 4.5 million less each month after that. That is the cash burn. And Dennis taking 83k a month. No wonder he keeps posting nonsense on linked-in

Onsolidground Plug Power "Try buying that one tomorrow on opening". What do think happened there then?