Ok so I was checking out the ins n outs re. Cuadrilla appeal. So the planner will submit her recommendation to Greg Clark on or before the 4th July for the 2 sites Roseacre Wood and Preston Road. Greg Clark will make his final decision before anyone else is able to see the report. Alongside the recommendations are proposals for a monitoring programme for both sites. I believe we will be told on the 4th when Mr. Clark will make his final decision (one would presume sooner than later). The… Read More
This will be our own mini independence day if the Govt overturn the previously rejected application by Cuadrilla. I think now that we have decided to leave the EU it is now of even greater importance that we have energy security. I expect a good rise when the Govt finally shows it is serious about fracking. This stock will then rise steadily to a SP that is far higher than today's. Remember it reached 30p on the news that there was "potentially large volumes of gas".
Interesting to see Rogue Trader's internet link and the name Ian Crane appears as having been made bankrupt where he has been sued by Rathlin Energy . There used to be an Ian Crane who lecutured us all on the evils of shale .is this one and the same ?
Only down based on the EU vote. If anything the leave vote is positive as the gas via Europe is priced in Euros plus they could theoretically use it as political leverage. Time to have our home grown supply. 4th July just around the corner.
God knows why this is going down, oil and gas should be able to ride out any financial storm. Indeed, if it is onshore in these islands, that makes it a doubly good holding area for spare cash during a period of uncertainty
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