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A hugely important step in infrastructure development.

I view this as very long term and have added steadily over past 10 years and never sold. Warren Buffet number 2 tip is don't obsess about SP. Understand the business you invest in and if you have faith in it stay the course. This will be a marathon and we are in the first 15 mins imho. Current SP could be dwarfed in 5 years time looking at the landscape and opportunities.

15 I think there are many out there that missed the opportunity and would love to see ITM back at 50p to hop on board. If that is going to be your entry point there is little point you being here while the SP is near 4 times that figure.

Thanks for your points 15. Clearly, the economic background has to be taken into account in investment decisions. In that regard, currently there are some excellent opportunities for the long term as previous major market corrections have shown. ITM have the benefit of several years experience in Germany, which is well ahead of us and use of hydrogen in our gas network was commonplace before as you state. The key thing to remember here is the need to store hydrogen if we want to optimise the potential of renewables during troughs of demand. Gas grid is the most efficient way of doing it as the Germans recognised well before we did. https://refhyne.eu/

Ultimately it is all about direction of travel and ITM are well set to benefit from the drivers that are making H2 attractive. Like-wise Worcester -Bosch who according to this link now have a fully developed prototype ready for testing -
https://www.logic4training.co.uk/blog/the-uks-first-live-trial-of-hydrogen-in-a-modern-gas-network/

Truth is none of us really know how this will all play out - too many variables. Linde involvement is a huge vote of confidence though and we know there is increasing pressure on politicians to act - some very bad news on climate change could suddenly be a game changer as with Covid.

15 - you will note I said they are already producing hydrogen 'compatible' boilers for the mix. This link has more info on their development work: https://fuelcellsworks.com/news/worcester-bosch-officially-reveals-its-hydrogen-boiler-prototype/

This is the Radio 4 link from yesterday. Jo Bamford comes on at around 8mins 40 secs into the programme. https://www.bbc.co.uk/sounds/play/m000j2rw

Worcester Bosch etc are producing H2 compatible boilers now ready for the mix increasing and potentially going to 100% H2. Combine that with phase out of combustion engines and it's a great market to be investing in. Profit taking is tempting but more than a few have posted regretting doing it as the upward trend gets increasingly steep. Risky staying out too long.

Ryse seems to be an offshoot of JCB and Bamford is the Chairman. ITM is not mentioned on the website so difficult to see how it fits in if at all to the bus refuelling plans unlike the Shell collaboration. Obviously it is a major opportunity as TfL for example is a major contributor to the pollution problem in London. Dirty diesel buses have to be replaced asap and not with hybrids with a tiny proportion of power coming from battery. Major turning point and opportunities here and hopefully ITM will be a big player. Ryse looks just like a shell at the moment .

Good points Mucker. I must confess I have not be tracking JCB involvement with ITM since they bought in heavily at 30p in 2015. Have they departed to RYSE or just keeping a very low profile. I have held and added to ITM over past 10 years so now have significant stake but have not been following the boards regularly. Have also bought into Linde as a hedge as it seems they may absorb ITM at some point now they already have a major stake. Hydrogen buses are the stepping,stone to commercial vehicle uptake, hydrogen infrastructure implementation and then hydrogen cars imho.

Good coverage on Radio 4 about this during interview with Jo Bamford yesterday. He strongly made the point that UK does not make batteries but we do hydrogen solutions which are much better for bus fleets anyway. https://www.expressandstar.com/news/motors/2020/04/28/jcb-heir-announces-vision-to-bring-3000-hydrogen-buses-to-uk-streets/

I fear this has happened before with AIM stocks that are set for take off. Us faithful PIs who have helped fund the rough times don't get invited to join the main event. Let's hope this won't happen here but organisational changes like this will be hard to challenge.

Household gas contained 50% hydrogen between 1850 and 1950. Future looking interesting.

https://www.businessgreen.com/bg/news-analysis/3066762/committee-on-climate-change-the-uk-needs-a-plan-for-hydrogen

Let's hope it keeps going!

that there seems to be so little interest in this share which promises to be a block-buster in the future!

rise today. lets hope it can be sustained.

Looks like Barclays got it wrong - for now at least

CE Mark has been awarded for RB to sell its Durex brand 'viagra' condom. This will be a market leading condom imho with huge potential for increase in market share for RB. See also FUM discussion boards.

Up over 25% since my post below on 10 May. Looks like it was a good short term bet too!