Positives4 Aug 2017 19:00
Watching a share price creates emotional turbulence. There are some positives to focus on, which should bode well for the future.
Kerogen, a hedge Fund that invests in energy stocks, has a 28% holding. Trans European Oil and Gas have 15%.
Cuadrilla should soon be fracking near Blackpool. When they start bringing gas up the igas share price will rise.
Many of our operations are being done in conjunction with Ineos. Ineos land shale gas from the US at their docks at Grangemouth. They have a turnover of $54 million dollars. Jim Ratcliffe, the boss of Ineos, has taken out a national injunction against the protesters, to apply wherever he is operating. They can wave placards but they are forbidden from disrupting the operation, otherwise they are in contempt of court.
We are just waiting for Cuadrilla to bring gas from their well and the share price will rise.