Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
XPB is a short whose position is getting more costly with every rise...
If the funding does provide a return, your short gets a lot more expensive expatbrat
Good spot. As far as I can tell it is a single 6MW plant:
https://www.fch.europa.eu/project/hydrogen-meeting-future-needs-low-carbon-manufacturing-value-chains
from 18million funding (12M from the EU H2020 budget). The PEM technology is from Siemens. They mention grid balancing, but haven't had a chance to look up response times.
Considering the new ITM factory is capable of creating 1000MW each year, and remember the capacity needed to meet commitments is already even more than the new factory can provide, there is plenty of the pie to go around and good publicity should have a positive effect...
Think everybody here knows that funding is needed to keep things going. Interesting parallels here with ITM. They went through the cycle of ramp then placing repeatedly, destroying investor confidence. All until the last time in October where they had most of the fund raise through a subscription. Now that placing price is a 40% discount relative to the current share price in a few weeks.
Think other companies could learn a lot from that model.
Yep a lot of movement on low volume. Stock is heavily sensitive to the regulatory environment and the election is a big unknown. As with a lot of UK stocks, expect volatility until election/brexit is clearer.
EB is a short pretending to be neutral.
If you look at the earlier posts from EB, you would already have them in the shorters bin :-)
"Looks like Hydrogen Fuel Cells will be away forward. No need for car Hydrogen filling stations as HFCs can be transported and fitted in five minuets. They can be transported by ships as well etc."
No need for electricity to recharge batteries, batteries can be transported and fitted within minutes... reductio ad absurdum... :-D
A short who claims to be a good samaritan...
A short is just as risky a position as a long here, even if you think it will go bust. All it will take is some positive news from ENVIA in the next week or 2 and it could cause a massive short squeeze. I am always reminded of the John Maynard Keynes quote "the markets can stay irrational longer than you can stay solvent".
There are enough big players here to make the bull case hold some water. Definitely not a share for the fainthearted.
Was thinking the last couple of days whether or not to cut my losses or not. It is a risky investment for sure and there are reasons to sell. However, I decided to hold because of 2 reasons. One is because the the UK grants received and interest of BA, the second was because when I re-read the ENVIA plant update RNS, my opinion on it changed. <br /><br />If a single reactor configuration is not profitable, then it makes sense to suspend the operations (note it did not say mothball). If you have paid for the infrastructure, development and maintenance of 2 reactors, then you only run 1, of course, it is not going to look like the technology scales. <br /><br />Given the value of the share price I see more of an upside than a downside. But maybe I am just a hopelessly glass is half full kind of person...
Grants are initially part of the business model and at the grant levels we get them justify the market capital of 2 years ago. If we want to expand quickly and be worth more then revenue from sales needs to drive it. Just look at what happened to ABDP when they turned down a government grant and were able to build a new factory on their own profits.
I agree that progress is here, but I think the next six months will be crucial. To justify market capital over 100m, revenue needs to be over 10m without grants. Happy to hold at the moment, but really believe the orders need to step up...