The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Hbev - you feel this is a safer bet than Igas and if so why? I had a target to gamble some money at 20p. Then the spread reduced recently and for my own reasons it worried me ie i felt I was being pulled in and SP will get lower and it did. Oil price latest has an affect. See link belwo. What are the prospects for this year? Do you see the SP ret to 7p ie before the hype? Yjis sp has held its own better than the other com why? Many thanks DYOR ATB http://business.financialpost.com/2014/10/13/saudi-arabia-to-oil-market-wed-accept-us80-oil-for-extended-period-to-protect-market-share/?__lsa=1e37-f986
This is the reason, see below cut and paste from LSE. Therefore, for the foreseeable future, no buy. This one of the very few AIMS sP's I had real faith in but directors deals last week finsihed that Price Currency Amount Holding 07-Oct-14 Exercise of option Trade Notifier Information for Alkane Energy Neil Christopher O'Brien 0.5 GBX 620,625 1071840 07-Oct-14 Sell Trade Notifier Information for Alkane Energy Neil Christopher O'Brien 35.76 GBX 297,785 1071840 07-Oct-14 Exercise of option Trade Notifier Information for Alkane Energy Stephen Goalby 0.5 GBX 486,375 963361 07-Oct-14 Sell Trade Notifier Information for Alkane Energy Stephen Goalby 35.76 GBX 223,731 963361
I tempted for a gamble but others, ie holders of Igas say this SP is more risky I read somewhere but imo, looks like a safer bet GLA DYOR
Ok kid, I've been told, lol. GL with your investments my son, looks as though you really know what you are chatting about and post good, open minded items ATB kid and as always DYOR ps getting tempting imo
I considered buying around 25p and then 20p, for a short term kill or very long hold but would have tried top ups avg down to get out and hold. Fracking is not looking good - just seen a vid posted by another poster on the other shale shares - Reason I did not buy around the 20p the spead was reduced to quarter p and that made me feel i was being baited imo http://rt.com/shows/keiser-report/194500-do-nothing-democracy-delusion/ . DYOR GLA - imo this one may perform better than the other but now not sure but keeping eyes on it
Posted a couple of days ago. I dont beleive it will fll by 40%, imo about 30% but DYOR and GLA http://www.telegraph.co.uk/finance/markets/questor/11131512/Sell-Saga-it-is-overvalued.html
Hi BH Is this a better bet than Igas in your opinion? IMO, less risk than Igas as has ts own income and people will need power/electirc, then 20% with EDR, it it goes really well, then this goes up, if not, then we dont lose everything. I have always been a fan of ALK and EDR, but swaying towards Alk Re EDR, not one for sitting on your hands IMO DYOR, DLA
IMO, Alk, with a very low cost 20% in EDR I believe, is a much better and safer bet than EDR and Igas IMO. Alk is onto a winner re her electrics, inc power output and standby capacity and recent new buys. Then if/when fracking takes of and shale is really there, the EDR/20% will pay rewards, if not, then Alk re electrics will grow anyway. If I've got this wrong, then please correct this post but I dont think I have DYOR, ATB GLA
LOL, but the only reason I was no fan of Scots going it alone(not for moment did i ever feel they would) was that us lot in England, especially the PAYE man and woman would have to bail them out within a few years. I want to buy Alk and imo, appears a safer bet
Just worked it out but await a more informed response hopefully from BH Alk paid a retainer, and price agreed for the power sold - so colder the winter the bigger the profit imo and if warmer, then not soo good - could be wrong ATB DYOR
Hi - just posted on another shale forum here you may find helpful ======================================================== Not sure if you guys seen this, but they are basically saying what I have been saying. I have always been open and honest re shale gas/fracking, I would not want it anywhere near my home and IMO, fracking may stand more of a chance if carried out in the north of the uk, Midlands and up as the country on the whole is less densley populated, miles of empty spaces so less opposition. IMO However, and I reiterate, many obstacles - but I will let an expert from the Independent paper take over below with his artice and linke and quote from it below: ==================================== ==================================== Quote from the aritcle from a much respected broker: <<But no one knows yet whether the industry will be viable. “The Government has galvanised the Whitehall machinery to try to push forward the industry and remove some of the existing barriers. But until we have drilled 100 wells, we won’t have a clue about the commercial potential of shale. At the moment we have drilled one well only,” Peter Atherton, an analyst at Liberum Capital, said. “We need to see if [the gas] is commercially viable to extract. It may be that the industry has significant commercial potential but it is also perfectly feasible that the gas will too expensive to make it worthwhile,” Mr Atherton added. Given the lengthy planning and permitting process, he expects it will take four or five years to drill the 100 wells>>>> link to full article below http://www.independent.co.uk/news/business/analysis-and-features/up-for-shale-the-auction-that-will-open-half-the-country-to-fracking-9634385.html As always, DYOR, ATB and GLM
If/when fracking takes off here. http://www.telegraph.co.uk/finance/commodities/11139892/Fracking-drives-demand-for-sand.html DYOR ATB GL,,
Stay on top of the news. http://www.express.co.uk/finance/city/518257/Saudis-spark-oil-war DYOR ATB