Member Info for wookieemonster

Are you old ladies still harping on about farm in / farm out.. come on guys. Nobody cares. We know the difference.

Every investor here knows that oil and gas will be needed for a long time time. But also how important a diverse, sustainable and practical energy network is. This isn’t about hydrogen replacing fossil fuels, it’s about hydrogen fitting into a wider ecosystem of energy sources and supply . I think only those who are influenced by low tier Facebook posters harp on about the North Sea being some kind of only hope solution..

And anyway, if you want energy security and less dependence on foreign fuels and actually care about the country you would be quite dim not to think what ITM is doing is pretty beneficial.

Pretty good going if you ask me, things looking better than they’ve ever been here.

Either way hopefully now they will have to start reducing as new news emerges and we continue on a recovery trajectory backed with new business and positive sentiment regarding energy security globally.

Happy days.

Except they would have known Itm had a cash runway of 5 years and money and orders to run with no new business for 4-5 years so I’m not convinced. I think they more tried to manipulate price down and trading a short position.

There’s a serious amount of investors holding a good portion of available shares, I doubt many, including myself are looking to even think about selling before we get to be part of ITMs transformation and why we invested. chronos, hydropulse, alpha 50, multiple projects to come. I suspect many significant holders are hoping for £2,£3,£4 and above before even considering slicing etc.

If we do transition to be a gas company personally prefer just hold and maybe get a dividend one day.

Either way that puts some pressure on any shorts needing to close. Lots of LTHs here I think.

If they are reducing, then it might trigger the others to try and get out, surely last one out will be paying a significantly higher price than their peers? Far too risky to hold a short now imo. They might get lucky and manipulate a short term dip but now we're getting news out the blue it's taking the market by surprise. Much better stocks to have a short position. If they don't get out soon they could stand to loose vast sums, possibly the worst stock on Aim to have an open short now.

Tiny dilution, and actually solid news in regards to a deal being done.

And no deal is going to get done under you know who’s average.

A while back we had a good run of blue days, it’s been refreshing to see some good again especially today :) especially as it has happened on news none of us expected! .

Got a full ISAs allowance to buy another chunk of we see a pull back in the next day or two. Hard to know if the shorts exiting will drive this up this week or if they will increase their shorts and counter attack ( silly move imo ) they could easily have to pay more if we start getting a run of news.

Wonder if we I’ll have a classic predictable pullback after a good few days or if we are heading towards new fair value above £1.

Xbb you’ll get your £4, and so will the ITM employees who also hold shares around that point.

On a good day, isn’t it weird Garonne & Golfinger aren’t here!!

Who’s surprised!.. I guess the rise isn’t making them happy 🤣

*** packet calcs here, but should be in the ball park..

£1b mc ~162p

£3b mc ~486p ( above previous peak hype levels )

£5b mc ~810p ( fundamentally stronger business than earlier cycle, hydropulse / chronos )

numbers assume no dilution, dennis mentioned if we scale up dramatically we may raise in the future to do so, but we would have to be above £3-4 ( from what i gathered from the chat )

so from today’s price roughly,

£1b = 2 bag

£3b =6 bag

£5b = 10 bag

obviously all depends on so many variables but, as i’ve said before, dennis intends to make itm a serious gas company, and if hydropulse achieves its goals then the above genuinely achievable.

speculation, but shows the massive potential here which is being backed by actual orders and gov backing.

Highly likely Breakofdawn, there’s a lot of things going on we don’t know about or hasn’t been alluded to at all. They run a tight ship. There’s been multiple developments that have been notified out the blue with no prior hints.

But they have always been open ( and seemingly truthful ) saying they are in many active discussions. This includes the 50 hydropulse discussions! None of which we have yet heard.

Could be a strong possibility of much more news and projects over the next 12 months. And we’ve still got the ones we do know about lurking in the background!

Yeah the fact this came back with a 98% loss on previous shares really shows the levels of morality in this business.

Which is of course none.

Possible trade. Terrible investment case.

Agree hairy, a solid stamp of approval for us having government involved. Greatly increase being awarded new projects, and makes us even more attractive to European and global customers knowing we are linked to government investment is an additional confidence boost in our ability to deliver.

We’ve proved that we manage the business impeccably retaining large cash reserves In challenging environment, we have built a state of the art facility and have made the systems viable for consumers by careful planning and consideration.

A small company in the UK getting interest around the globe is testimony to the work that’s been put in. ITM has done the work instead of just talk and it’s really beginning to show.

ITM has done well in a difficult global climate the past few years, imagine what it can do and be now things are starting to look better in regards to policy changes toward better energy security, climate action and importantly have a genuine. product that actually works for customers to improve their power needs.

If Hydropulse starts rolling out then we become the gas company Dennis has always wanted ITM to be, and that will take us to new highs.

What I like most is that all of this doesn’t come at a cost to the environment and people’s livelihood or communities ( a coal, oil or nuclear facility is not nice for those nearby ) No pollution with Hydrogen , no toxic waste with redundant batteries, job creation with actual meaning for families, little to no waste ( systems are recyclable ) and reliable, home grown energy for whoever needs it.

I’m hoping the story hasn’t truly even begun yet.

Thanks ufo and jolly I’ll check it out :)

How does one get on this telegram thing is it actually worth it?…

In other news, rising spread, good sign and hopefully next leg up coming. And some rig news etc.

Have a lovely Friday and weekend all. And well done ITM.

Gin and milk Personaly don't think £5- £10 is out the question at all. In fact it seems a fair prediction, but it depends on so much, could be much higher or not, but what’s important is that the momentum and business is there to start working towards to it.

A lot of us guys who’ve been here for years have managed to get significant purchases in the 20s and 30s ( as much as bum finger, Garonne etc and their cronies tried to stop us ) but there’s some big holders who think they will break even on their £4 purchases.

Optimism from the factory floor to large investors is there :)

Garonne. Thanks for bringing up just negatives without any balance you total lane gonad!

But you’ll be happy to know we have significant orders, 4-5 year cash runway, large government grant and backing, shortlisted for multiple large projects and a world leader in the technology! which is good because UK and Europe both upping their games in regards to using hydrogen in industry.

I think you’ll see some more significant contracts coming in soon so suggest pulling your shorts up over that little Gollums parcel and start running.