ITM Power PLC (ITM.L)
July 9th, 2008Hydrogen is hardly a new power source, it's flammability has given buoyancy to numerous investments in the past. Sadly however, quite a few of them subsequently went down in flames.
But we’re hoping for great things from ITM Power…
Research: ITM.L
3 Responses to “ITM Power PLC (ITM.L)”
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garbil Says:
July 9th, 2008 at 12:12 pmFigure of “$70,000 per box” for ITM
electrolyser is incorrect. Actual price
will be c £2,000.See…
http://www.dailymail.co.uk/sciencetech/article-1033683/Fill-car–home-hydrogen-fuel-station.html
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thecustomer Says:
July 9th, 2008 at 7:54 pmDunno about you but I’m not sure I’d be using the Daily Mail as a solid source…
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ScottL Says:
July 10th, 2008 at 9:26 amThe $70,000 figure comes from a report from Panmure Gordon from June. “Today, a 10kW PEM electrolyser can be purchased for about US$70,000. ITM believes it could make a profit by selling its current system at this price…” The Mail piece says the company ‘hopes’ to sell them for £2,000, but this could be some time down the line.
Heavens! A crunch has become chaos and carnage and the market only seems to go one way –meltdown. Perhaps, it is not the best time in the world to be cheerfully giving investment ideas, given it’s so difficult to pick anything out of all of this mess. Just look at our portfolio.
