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Breaking news, the government has commissioned the British Geological Survey to advise on the latest scientific evidence around fracking.
Right so it’s safe, look to the USA.
anyone know the Debt level on Igas?
showing £20M on Stockopedia
will see how they done in the last few months.
will be watching
Yes, too quiet.
I have run fracking operations in the oil field. The practice is commonplace and safe so long good practice is adhered to. Legislation in place in this country is more than adequate to ensure the public's safety and protect the environment. If this court is to move to an era of secure energy supply then it will have too come by embracing a numbest of alternatives not exclusively wind. Shale gas, nuclear and tidal options must all be included to this end
.
And still very quiet in here.!!
Just breaking 45p. The higher this goes the more comfortable I get to stay in this forever.
Feel we’re working up to something big.
What a week this could be. Further testing and exploration supported by the government would be a great start.
Financial results will be released tomorrow, 6th April.
There is also a live presentation and update on 8th March.
Could be a very exciting few days leading up to the weekend, 50p+ well and truly on the cards.
GLA
This explains why the ban is ridiculous... tinyurl.com/yc86v2mt
My tweet gives everyone a choice between two petitions. One explains the reason for the other... tinyurl.com/y862exwg
https://petition.parliament.uk/petitions/608745?reveal_response=yes
Algorithms are dropping it a little in line with Brent, but natural gas is very bullish still.
Shorts are being killed. Brent looks like it will recover some lost ground, back to roughly 30th March levels.
Could go to 50 or beyond within the next quarter, imho. I've seen near-term targets of about 60 from some of the pros.
Fracking should be re-explored. After all said and done, it is the NIMBY's who have been holding it back.
Watch sentiment change when the lights and heating start to be rationed. Along way off yet, but this 2 week excursion into Ukraine is taking on all the hallmarks of a long term campaign; that could spread.
That said, Igas is also well down the line on transitioning into a green energy supplier, with plenty of projects on the go.
Results tomorrow.
Looking at the price action, I am hoping that they might have something up their sleeve.
GLA
Danno.
Looks to me that they’ll be exploring fracking opportunities shortly in the U.K.
Makes sense if they’re also trying to strip the North Sea dry if oil and gas.
I’d support fracking if a deal was done whereby local communities got a discount of their gas.
Looks to be breakout day. 50p short term in my opinion.
Recap from 2021:
Malcolm Graham-Wood speaks to Steve Bowler, CEO of IGas Energy, Jun 16: https://youtu.be/dAMiaz5ug4s
More vids: https://www.igasplc.com/media-centre/igas-videos
Nice end to the day too.
Long may this continue please!
Not interested in selling until post 40p. My expenses are already covered from my previous trade, just with a little left over to take advantage of a big enough jump. I could've sold this surplus a few times, but I can see that it wants to go to the next level, so I will wait. I am very patient and GS won't scare me. They may as well fire their traders who are playing around with this stock. Anymore C.O.V.I.D ("Certificate Of Vaccination IDentification" Abbreviations.com. STANDS4 LLC, <https://www.abbreviations.com/term/2201814>.) nonsense and I will get people to sue these investment banks for manipulating the public, the media and governments.
Good start to the day. Hopefully not just the computers waking up.
What are we expecting? Something to add to the bounce or bring it down?
https://twitter.com/SteveBakerHN/status/1510352026596741125 Sun, 3 Apr 2022.
"Fracking ban to be reviewed after pressure from Tory MPs."-Daily Telegraph, 2 Apr 2022
[Steve Baker HN embedded the article] About safety and technology etc.
Good to hear on LBC keeness to frack. Put climate change on hold for a year or two.