Member Info for Fellwanderer

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Link doesn’t work Chilli ?

Well that’s that clarified then. Wonder why they felt they needed to issue that now 🤔. I can only see a positive personally

Good on you bunsen, you’ve got to be in it to win it 🏅

Hi Bunsen. I have a load of money in EPP at the moment. Just waiting for the gas storage licence to be granted (Rough got theirs yesterday) which should be any day now hopefully. I will then take the profit and throw it all at MET1, along with the kitchen sink, as this is now way way undervalued. Hoping I get my timing right 🫣

Lol Chilli. Take my advice on retirement, whatever you think you need and will spend -double it !

Well spotted Chilli - you’re the man with his finger on the pulse. I’m guessing you’re retired like me 😁

All reads positive to me folks, we tick all the boxes 👍

Typo, should have said Rough !

Cheers buddy 👍

The Brough news yesterday gave the SP a small shot of hope. I’m keeping the faith and holding long

Hi Tom. Didn’t fancy signing up for paid access to another subscription site to read the article. Are you able to share the main thrust of the piece and how this relates to EPP. A positive article ?

Cheers Fell

Having said that though, there could of course be some dilution if the third party takes an equity stake. Thought I’d better add that caveat before I get put on the naughty step 🤭

I think you’re right there Chilli me old mucker. They have indicated that the £7m shortfall in funding will come from external, confidential funding, which I’m sure will be announced soon (hopefully this week). At least an external funding source will mean that there will be no shareholder dilution.

I like the last paragraph…….MESH aims to offer similar capacity to Rough (approx. 50 bcf) but with added, modern hydrogen-ready storage capabilities. To me, that indicates that MESH is a superior project, so the granting of a licence should surely be a given 🙏

“ Approval for the Rough gas storage facility does not directly mean Energy Pathway’s MESH (Marram Energy Storage Hub) scheme will automatically follow, but it indicates a regulatory environment favourable to increasing UK storage capacity.

As of early 2026, the two projects are distinct, with different timelines and statuses:

Rough Gas Storage (Centrica): The North Sea Transition Authority (NSTA) has approved operations until 30 April 2027, with plans for expansion to 120 bcf by 2027/2028.

MESH Project (EnergyPathways): This is a separate, proposed project in the East Irish Sea. While it has been designated as a "nationally significant" project by the Secretary of State (as of September 2025), which fast-tracks its planning process, it still requires its own gas storage licence and final investment decision (expected in 2025/2026) to proceed.

Why MESH is still progressing:

While not automatic, the approval of Rough shows the government is focused on expanding storage capacity for energy security, which supports the case for MESH.

National Significance Status: The MESH project was officially recognized as a Development of National Significance by Ed Miliband in September 2025, which allows it to proceed through the Planning Act 2008 for faster authorization.

Projected Benefits: MESH aims to offer similar capacity to Rough (approx. 50 bcf) but with added, modern hydrogen-ready storage capabilities.

Boy I hope so, it would make my week 🍻

…and very weird how the Ask is dropped just after that buy has gone through 🤨

What’s it going to take to get this SP moving a bit though. Answers on a postcard please 😏

Fell

Lol Kev. Looks like things could be about to take off, we’re in the top 10 on the risers board. If we’re up 17% on someone else’s licence approval, we should surely be 100%+ up when our own is issued. Labour are taking a bit of a hammering at the moment, they could do with a positive distraction 😂.

Good luck all long suffering holders, our day is close 🙏

Fell