Member Info for Stuartrm

The link and commentary below was posted by Joehigashi on the JLP page. It seems to be equally relevant here, so I have copied it across in case it is of interest. Sorry if it is already known and included in earlier posts.

"https://www.miningweekly.com/article/world-hydrogen-2021-10-28

Hydrogen fuel cells, which are catalysed by platinum group metals (PGMs), are electrochemical devices that convert the energy of a chemical reaction directly into electricity, with heat and water as by-products. Platinum and ruthenium PGMs, which are hosted overwhelmingly in South Africa, play large fuel cell roles. Unlike batteries, fuel cells never "run out", the International Platinum Group Metals Association points out on its website. Platinum and iridium PGMs are also key catalysts in electrolysers that generate green hydrogen from green energy sources."

Although ST is generally pretty good long term, I have found it not unusual for prices to spike on his recommendation, following which they may drift for quite some time before theshare re-rates. While there is always the danger of "missing the boat" if the re-rating occurs straight after the recommendation and one is not quick off the mark, eg FIPP this week, it often pays to buy sometime after ST'srecommendation, once the spike has passed. I, for one, will sit tight with TSL, at least for now, and see what happens.

I bought 250,000 @ 0.78p in 2011, 250,000 @ 0.53p in 2012 and 125,000 @ 0.32p in 2014 (yes, some people never learn, but I was foolish and bought the dream). After the consolidations I now have 40 shares at about 50p each. If there had been no consolidation I would have been laughing. I have no one but myself to blame, I know, but as others have noted, the company operates in a high risk segment and it is still not making a profit. My view is, therefore, beware of false dawns.

Now that my original investment several years ago of £3700 has now climbed back such that it is now worth a grand total of £20, I am pleased to see that at last the corner might have been turned. I will, however, need a lot of convincing that the company is making sustained progress before I add to my (consolidated) holding of 40 shares. A profit, rather than continued cash burn, would be a good start. Good luck to all holders. I certainly did not have much.

Very good question. The decline is charted between about midday and 14:00 hours but there are very few trades during that period. This suggests that market makers are depressing the price to generate trade.

I assumed that Basscadet was joking.