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The pivotal month .
No more excuses , if it don't come June it don't come at all .
Simple as that
Late RNS.........just to confirm TVR!!!
My heart stopped beating till I read it.
Good day nevertheless. The tides turning surely. Have a good w/end all.
Well we didn't quite make it today after an early afternoon flurry ..shows what can happen though ...when the news finally comes --looking forward to a "hot" weekend ...and an even hotter BLUE Sky Monday to start the first week of June .Hoping that all your patience will be rewarded ..it's about time now !!
Well done Dawski !! Girding the loins
0.90 today will be brilliant
Well done dawski37 looks like another dip into the piggy bank again - not long now I believe.Regards PS Now showing as Strong Buy agree with dawski37's comments.
Nice buy
The 2M "sell" this p.m. was a Buy !! I should know --strong positive sentiment and activity at last in expectation..looking for .85p at the close --that would be nice for a "hot" weekend !!
News?
Notice some big buys now appearing.
Absorbing sells so could there be a background buy? I think if the price can just get above that 50ma it could really take off.
Their interest in Islandmagee is merely the SNIP reversal.
not sells bedding in ISA (the duplicate ones with seconds difference in trade time).
Hi Mr T, they aren't in offtake game, as Snowman has rightly pointed out, they manage energy assets and are overseen by regulator. This could be an issue if Mutual are looking to help fund SNIP reverse flow & running costs with consumer money, as opposed to private enterprise. Reverse flow is needed if 7 caverns are built to have a market for the gas as not all could be used in NI, so would have go back to mainland UK, which could potentially be an issue for the NI consumers.
There appear to be many chunky sells this am?
The question is are these sells? I'm not so sure? the sp is holding steady? if sells I wouls expect a sharp dip?
Keep watching!
Mr T
From their Website:
Other projects
As part of its mission to manage energy assets in the long term interests of Northern Ireland’s energy consumers Mutual Energy continues to develop an interest in extending the benefits of the Mutual Modal to more of Northern Irelands current and planned energy infrastructure.
The company is currently pursuing an interest in:
Gas storage (Islandmagee)
Gas pipeline network extension to the West of Northern Ireland. (Gas to the West)
Renewable Energy
Also,
Upgrade of Scotland to Northern Ireland (‘SNIP’) Pipeline
The project entails upgrading of the SNIP to accommodate physical reverse flow between Ballylumford and Twynholm. In order to flow back to G.B., the current network requires installation of bi-directional compression on SNIP; pipework modifications at 2 AGIs to allow bi-directional metering and flow control; and moving the gas odourisation point to a new point(s) downstream of the bi-directional transmission system.
The project has also achieved ‘Project of Common Interest’ (PCI) status; making it onto both the 2013 and 2015 published EU PCI lists.
Therefore not beyond the realms of possibilities!
Mr T
They are not in the offtake game.
They could get involved. Can't rule them out
Morning Draft, Mutual Energy involved way back, sold 10% holding back to infa for £35 in 2017 on understanding of £200K return on first fill of caverns if project goes ahead. Not getting involved again as would be conflict of interest I believe as a mutualised company ... Qs are over who would ultimately fund the reverse flow & annual running costs re SNIP.
Not official yet. Mutual Energy Limited (formerly Northern Ireland Energy Holdings) is an established and substantial player in the Northern Ireland energy sector. The Group's key assets are: The Moyle electricity interconnector The Scotland to Northern Ireland gas pipeline (SNIP) The Belfast Gas Transmission Pipeline (Islandmagee to Belfast) Mutual Energy is a mutual company which manages strategic energy assets in the long term interests of Northern Ireland's energy consumers. Having no shareholders, any financial surpluses are for the benefit of energy consumers. This combined with long term secure finance has allowed the company to manage major energy assets at a very low cost to consumers.
The few Twitter numpties moaning about the caverns appear to now be leaking info that it is Mutual energy involved.
Could the party be Mutual energy
I got 1800 quids worth on the bell via an NT. It should rise on the bell in the morning, it was itching all day. I’m not greedy here but 2.5p is around 30m MC. We should get half off that back as costs so enterprise value of 15m with 15m in cash isn’t going to be difficult for starters if we do this properly
Struggling to buy any volume, with Halifax
Now is the time after all the patience. Looking for 2.5p very quickly. SL