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Re: WeTheMarket post# 327

Friday, 02/16/2024 12:42:26 PM

Friday, February 16, 2024 12:42:26 PM

Post# of 377
Hi, WeTheMarket. Sorry for the long comment. Here a long investor in HTOO. Although I never wrote here, I've been cheking this chat every now and then for a while. Damn, it is a good thing that there is more activity here now (and I guess there will be even much more now), but I hope it doesn't get full of traders just traying to manipulate up and down the price and filling it with rocket memes.

I noticed some big buys on the last few days, and I suspected something was going on. When you posted this news yesterday, I coulndn't undesrtand why there was no movement, as it seemd just great news... Becuase of that, I even thought it could be fake. Anyway, sorry for the dumb question (as an excuse English is not my native language), but "it has been selected for approval" means it is definitely going forward or it still could be rejected? do you have any idea about what is the role of HTOO in this deal? Just supplying the elctrolyzers? And ALL the electrolyzers (630MW)? I found it weired such a huge electrolyzer capacity for their technology, which I would expect used in smaller projects (around 1-2 MW or less). I mean, of course it's awesome, but it seems... just TOO awesome.

And, if this is definitly true... I recall that in their Q3 update, Frederico mentioned that they were expecting breaking even by 2025 if/when they manged to sell around 5MW per month. If this 630MW project is for HTOO to supply allthose 630MW electroliser capacity by themselves, this would be the equivalent to doing 5MW monthly for the next 10 years... which again, it sounds just too good to be true. And even if they were only dealing with a small part of the whole project (those calculations for 5MW per month to break even I guess it was assuming also plant planification, installation, compression, etc), I would expect a much much larger rise in ther market cap than just going from around 20 million to 50 million market cap. Could it be that the big news haven't gone out to the "big public" just yet? Or maybe all those who were in the red big time are now exiting their position... I don't know. What are your thoughts, WTM?

I'm not planning on selling anything, specially after these news. I would assume not only the feared reverse split is out of the table now, but it is also less likely a possible share dilution coming from the recent deal with Belike.

Thanks for all your posts and congratulations for being on board before the taking off!
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