Member Info for wookieemonster

I sure hope that’s the case tennants, would be excellent.

Wingman it’s hard to comment on your wildly negative view as it seems to be completely unfounded unless you can provide some context or sensible reasoning?

Yes I’m sure Dennis and the team feel the same frustrations yet they all seemed very positive in person for sure

This will rise and fall based on what comes..

We have a 5 year runway with no new orders! That means we can survive as we are today with nothing more! ( this I assume includes using our cash on balance )

As stated by Justin there is plenty of things we are on for, plus a great many more not yet disclosed / approved. At least 50 discussions ongoing regarding Hydropulse!

What matters is the quality and quantity of new business.

It won’t take many of those to push us well over a pound..

This is not an Ai business it’s an energy / gas business..

It’s all there, it’s good, we just need the ball to start properly rolling.

I’m in far enough but until there’s a significant change it’s entering buy territory. Topped up enough, companies turn now.

Well breakofdawn nothing changed except we are 20% down since the sight visit, that wasn’t that long ago either.

It’s obviously having an impact on people’s faith if ITM can deliver or even be selected. Topped up as much as I’m comfortable with until / if we get something of substance and only holding some cash if this continues to drift below 50.

A very Good RNS could pop up anytime. Certainly could do with one and confident they will.

Need something to stop the sp tanking that’s for sure.

On a positive note if 170 is the minimum and the majority has yet to choose OEM ( and hoping we are on the top list for some )

We might have a chance.

Justin has kindly very quickly replied with this:

“Plug had been working with Carlton Power for quite some time across the three projects, and once an OEM is selected, it can be difficult, although not impossible, to displace. However, we should not lose sight of the fact that ITM has already announced several UK HAR-related selections or contracts. For example:

1) 17 June: Selected for two UK projects, utilising POSEIDON (as POSEIDON is a 20 MW solution, then this equates to at minimum of 40 MW)

2) 23 June: Announced a FEED for the Uniper 120 MW project within HAR2

3) 13 August: Contract announced with Morgen for 20 MW project within HAR1 (the RNS stated that this is related to the announcement on 17 June)

4) 6 October: FEED contract for multiple NEPTUNE V units for a project within HAR 2

So, in total so far, a minimum of 170 MW of UK HAR projects and bear in mind that the majority of HAR 1 & HAR 2 projects have not announced the chosen OEM.”

WM

I would also note have dropped significantly since the site visit and this recent plug news doesn’t help.

Alpha 50 doesn’t mean or provide anything on its own. And we are certainly overdue some beneficial news that isn’t just a collection of parts and existing systems ( all though Alpha 50 is a great looking set up no doubt )

Personally i would like to see much more being done by the company in real time in regard’s to what’s going on. Who’s in discussions etc etc.

Understand Dennis doesn’t want to hype the market etc etc but at the same time just be transparent.. if certain things do or not go ahead just say it. A little of that passion & energy we heard at that site visit or something like it wouldn’t go amiss.

At the very least I hope there’s a good reason for the plug thing.

Rather than speculate I’ve emailed ITM to seek their thoughts.

Dennis was quite clear the focus was on Germany & Europe. He thought the UK was much further behind and politics in UK far too slow. Thats my main issue I want addressed.

Why if so did the UK grant contracts to an overseas supplier when we have a supposedly more than competent one on our doorstep.

Hoping there is a very good answer. And will post if he replies. Though of late he has seemed busy so not sure how soon it will be.

In the investor meeting it was clear ITM was not going to have a choke hold on the entire market.. we only need a portion.. and we have a certain amount of capacity atm with many projects being worked on!

However it would be good to hear some positive developments sooner than later.

We know, or at least led to believe.. that we are definitely due some news, perhaps a small FID at least, I’m expecting something significant before end of year at least.

Didn’t get the impression nothing was happening from the site visit at least.

Let’s be clear this has had a great run and back in a great position. It would be unhealthy if this didn’t have a pull back, for long term investors it’s just a god chance to make the most of any dips.

Bought between 23 and 94. Averaged up, av is about 43 now.

We need some significant updates from Hydropulse now. And I’m hoping we get some new contract news. From what I gather it’ll be a smaller FID shortly ( hopefully ) Chronos will come ( and should be interesting indeed ) but I would like to see new confirmed orders , there’s certainly, it seems, a lot going on behind the scenes, but they don’t mean anything until contracts are signed.

Long hold for me, even though short term we could head back above 90 and above the pound with some sentiment improving news. If they fail to do so we could drift back further still. or lower I suppose judging by the markets current jitters.

We are down 10-15% since the very positive site visit and personally was happy to add more based on that visit alone.. yet have made a current loss on that particular decision.

Siddo much has changed since then, a lot of hype and not a lot of product / advancements. Hopefully you’ll be pleasantly surprised !

After the site meeting I was confident of hearing more than just alpha 50 news, something with material substance at lest.

No doubt ITM is working hard to deliver its industry leading products.

Chronos continues to be something looking to learning more about but really need some drive again.

Major shareholders holding at £4 and above.. including many employees who have shares around those levels. They expect to reach it.. time will tell.

Fingers crossed for some good news soon.

I’ve been hovering over the buy button since it’s dropped below my average.. having made some top ups much higher than my first buy in prices 🤨 was waiting for placing price which has come and now lower..

But what’s changed? We’ve had a few more shares reducing the risk of being short so close to completion! Work seems to be moving along so nothing significant aside from placing has happened.. and was 2.2p plus not long back…

Investing for long game but like you don’t want to buy if it’s dropping lower and nothing uplifting since placing to inspire short term confidence.

Caravan I said before Bosch pulled out that this worth 300-400 based on the position previously and based on the current news flow at that time. If you look back at the chart and read the RNS from those time periods you will see why.

That was of course then, and there’s been developments since plus we have “fixed” the Bosch situation now.

I enjoyed topping up back then, and this rise. Sold a bit early thinking the run was too good.. but it keeps gaining momentum so now holding a free carry.

I’ll Personally add strongly on any significant dips but this seems to be pushing on regardless..

I don’t think it’s anything to worry about at all. Not for 5-10 years at least. by the time it gets to that stage and it becomes an issue that point the hydropulse vision will be in effect, basically if it becomes an issue we will likely be in high cash generation era anyway.

Not so true. Often you can make your own luck.