Star Energy Share Price (STAR)

Was the May 2021 price mainly down to fracking upturn before the tory lobby fiasco..?

Https://x.com/theunsophistic2/status/1784909616737845520?s=46&t=4s-AQzZhMmeWz3Ire1AEsA

“MOU with SSE Heat Networks Ltd for a geothermal district heating project in Stoke-on-Trent”

Shares in IGas @Starenergygroup were up 92% at 36.40 pence in London on Monday (2021)

“A decision is expected in the second quarter of 2024”

STAR

Market Outlook

The bulls are in full control. The negative sentiment that led to the last bearish pattern has evaporated. The current price is quite distant from the confirmation level, so the probability of a bearish confirmation is very low. Besides, the signal is suggesting to STAY LONG

IGas Energy PLC on Monday said it has signed a memorandum of understanding with SSE Heat Networks Ltd for a geothermal district heating project in Stoke-on-Trent, Staffordshire.

Shares in IGas Energy were up 92% at 36.40 pence in London on Monday.

SSE as lead applicant have submitted a project change request to the GHNF, decision is expected Q2 of 2024

Now 12p with zero dilution 🤔

They key here is no dilution and funding on good terms. So many small caps raise on terrible terms and dilute shareholders over and over again.

Happy to continue to build a position here with the faith it won't get diluted.

A lot of good news in the pipeline, considerable growth, good management team, MOU with major player (SSE) and cash in the bank, interesting few weeks ahead.