Member Info for RickSanchez

And before one of you mentions the electrolyser type, PEM vs Alkaline, who cares! Thyssenkrupp has been awarded 900mw for two prestigious projects, and ITM with their PEM has 100mw. Best ITM sell their baby Neptunes while the big boys handle the heavy lifting.

Shell has a 100mw pilot project with ITM , that is true, although the shareholders have no clue how much cash that contract has netted the company.

But ITM cannot be the best, or Shells trusted go-to provider can it if they selected Thyssenkrupp to supply 10 X 20mw electrolysers for Europe's largest standalone green hydrogen project in the Netherlands.

Thyssenkrupp has also been selected to supply 700mw of electrolysers to a steel plant currently under construction in Sweden.

Why did't ITM, with the best tech get selected any of these projects? Any answers?

Letsgetreal just glad I said it first. They are so predictable.

Or JZchat revived, one of the two.

Letsgetreal guaranteed now we will be accused of being the same person. Watch this space.

And Plug back down again, ITM as well. It seems more is needed than Dennis's linked in comments.

Seanlger, he sinister motive you are imagining does not exist. I would like to express my own perspective on this board, as freely as the optimists. I understand that we may have differing viewpoints, and that's perfectly acceptable. However, I will not tolerate personal attacks or insults. I am open to a constructive dialogue and useful critical thinking .

There may well be some who do not participate in this board, simply observers. Perhaps some people find it useful to see both sides of the investment pros and cons. Perhaps new investors looking to dip their toes want to know the rewards and the dangers. If what I say angers you, simply filter or ignore it; it's easy.

But as long as ITM is stuck down here leaving most investors in the red, I will maintain my viewpoint: MORE PAIN TO COME.

Sorry Seaangler this is a discussion board to discuss the good and the bad. It's not complicated, I post my views that explain why investors have lost money and could have a difficult time making money. Equally important point of view. I post data driven arguments and also repost news from credible sources, often the same sources that the optimists use as well. Now all I am met with is relentless backlash, personal attacks and swarms of posts from the you know who's. And what do I do, defend my position. Just the same as they do. You cannot tell someone to go away because their point of view offends you. Freedom of speech is a human right that cost a lot of blood. Now if Jeff says ITM can hit 2.3bln in three years, I'd like to know how, what are his calculations, that turns a story from senseless ramping into a logical point of view. Wouldn't you agree?

USA the markets don't agree with you, hence the stock price at 5 year lows.

Eastwood I can agree to that but Jeff was only one of the four daily ramping bandits. They all need to be part of the solution. I cannot see that happening, can you? And Jeff will be back shortly, he just got a bit emotional yesterday when he could not answer how ITM will reach 2.3bn market cap in three years from only 870 mw of orders, of which 500 is not even close to being confirmed. 2.3bn in three years, now if that's not baseless ramping then what is?

If I was as convinced as you are Lucky I would get my average way down from 58p with the level being stuck this low. It doesn't add up that you have not done that. Well mine is 59p so maybe this will motivate you to buy a load more to beat me if you have backed the winning horse :)

Lucky why is your breakeven 58p? You clearly are convinced ITM will soar so why on earth are you not piling in as much cash as possible to lower your average?

LuckyLaurie you came out of nowhere trying to insult me. Nobody asked you to do that. And the you call my response with nothing but some factual stats disgraceful? I told you once before to leave my investments out of it as the joke was on you and you then opted ignore that request. That is just silly Lucky.

Scrap that, google sent me to Hydgen instead of Hygen.

Does anybody know what happened to the ITM and Hygen partnership? The announcement in April last year stated ITM would supply up to 200MW of electrolysers but now I see that Hygen have their own electrolysers. Did that deal fall through?

So you still think I sold my ITM shares, and you still think I lost money on Rigetti and IonQ. Perhaps you lifted your filter too late Jeff. Why don't you keep believing that then if it helps.

Like I said before if the 500mw order is confirmed and we know what the revenue will be, then that could be noteworthy RNS. But how are you getting 2.3bn from one 500mw order plus the 370? That does not come close to 2.3 bn?

So are you saying ITM will have a market cap of £2.3 billion in three years from now?

I was having fun playing comment tennis with Laurie – that takes two players! Is Laurie also unemployed or retired then? I'm not sure how you cast your judgements; is it based on post amounts or the time of day of those posts? Perhaps Laurie and I should head down to Wetherspoons then!

You have no idea how much I have invested or where, or what I do for a living. Why do you even try to guess something you will never know the answer to? A cheap tactic to avoid difficult realities?

Yes, 13 million is peanuts, and the market agrees. Did you see what that RNS did for the stock price, zero. According to you ITM will have a total revenue in three years of 697.2m. So 3.5 times their current market cap, in three years. And the stock price can barely scrape 40p. How does that work then?

Jeff, don't try to initiate the quantum computing debate. I am quite certain you are not well-versed in that area. That trade went well for me, so it's best to let that topic go as it will only leave a sour taste in your mouth and others' here. Stick to ITM now.

Yes, back in 2020 was a much better time to invest. My only mistake was not selling when it rose. Like you, I was aiming for the long-term, as you so often mention. You believe ITM is on the verge of greatness now, but you clearly weren't around in the mid-2020s. It was the next big thing, a revolution.

And that is why the hype was short-lived. Reality soon set in regarding just how expensive green hydrogen is in all aspects. The mammoth task of reducing these costs is a bill nobody wants to pay. A few pilot projects here and there are simply not enough. Jeff find me some large off-takers. The price of green h2 won't be at parity with Blue for years. That is why ITM collapsed from its all-time highs and again after their 400p placement. I have been watching it for a long time, and we are on the verge of more hardship and stock price declines. You will see. Now there is far more geo-political headwinds than there was back then, far more competition. And far more understanding of the entire industry.