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Pendal group increasing holding thats very interesting, last time I remember Australian company taking shares in itm, a UK hydrogen company and share price went from 60p to 600p, not saying it will happen here but igas has blue hydrogen project and geothermal project with oil and gas, its all looking very interesting given sse will be working with them

With climate change and sky rocketing gas prices,, renewable energy source is sought after, did anyone see l2 at the close, massive buy orders lined up

Just look at the l2! Feel like its gonna smash through 20p any moment

Here go

19.20p are all buys, this could fly now

This really is a Mexican stand off, lol

If that 340k wanted to get a quote then it would cost him 20.44p a share which is not bad and we will be in clear breakout

Now 340k buy order at 18p soon its got go one way or another

Afternoon could get interesting you have 310k buy order at 18p then 100k at 18.50p then 100k at 18.70p, looking brilliant

Legin its hard to tell, prices would of dropped significantly but its going up

Small market cap

Could be but someone is buying it off them, also If I'm correct certain funds cant hold shares in company that has owned market cap as this, you may want to check it out, gives us pi opportunity to buy on cheap

On this news share was trading at 36.49p thanks to seller which is almost finished now 19p

Sharecast News) - Shares of IGas Energy surged on Monday after it signed a memorandum of understanding with SSE for the development of a geothermal district heating project in Stoke-on-Trent.
SSE said it will develop and deliver a district heating network in Stoke-on-Trent working with GTE and the City Council.

The MoU grants exclusivity to each of SSE and GTE for a year, with certain milestones including executing a heat offtake agreement in relation to GTE's future geothermal plant.

Giles Newton, head of Business Development for SSE Energy Solutions, said: "We are delighted to announce our partnership with GT Energy which will help us to fully explore the feasibility of providing heat offtake from their future geothermal project in the Stoke area.

"We have proven expertise in the sector, with our 19 existing UK heat network sites, and we believe that geothermally sourced energy will play a vital role in decarbonising heat, as well as having the potential to tackle 'hard to decarbonise' process heat. We look forward to developing the Stoke City project with GT Energy over the next 12 months."

At 1230 BST, IGas shares were up 92% at 36.49p.

250k, 208k shares buy,

Explains why sse partnerd with us and other majors will I have no doubt, just look at the energy crisis,

That's a long life time "geothermal systems have an estimated lifetime of 100-300 years

"There are clear economic benefits to developing geothermal energy. Oil and gas resources are dwindling while fuel prices continue to rise at an unsustainable rate. The world’s economy is struggling and jobs are desperately needed. Geothermal energy is the solution.

Geothermal energy helps governments to tackle security-of-supply issues. It is a renewable resource that will never deplete. The European Commission estimates the EU could create up to 1.5 million jobs by 2020 by investing in a low-carbon economy.

Modern geothermal plants produce no CO2 emissions. They have minimal impact on the surrounding environment. You cannot hear geothermal energy, you cannot see it and you cannot smell it. Geothermal district heating systems are very urban friendly. Likewise, geothermal energy is not reliant on the weather, unlike solar and wind. It can operate almost 100% of the time. Indeed, geothermal is a proven technology harnessed around the world. Importantly, geothermal systems have an estimated lifetime of 100-300 years. They provide energy security for urban locations.

In black and white, they are working with other energy providers, rns anytime I guess

"We are also working closely with other energy providers on a number of district heat networks in other cities.

Both the BGS report and the ARUP report, published in May this year, support the need for deep geothermal in the Government's energy policy for the next 30 years, but with real and tangible benefits in the immediate future. Deep geothermal has the potential to become a world leading industry here in the UK, provide a stable transition away from oil and gas, and help meet the Government's net zero ambitions by decarbonising heat on a mass scale

James, normally it takes few days to show another institution bought via rns, should get one soon

I par, someone has bought from them in record time

Lol