Member Info for L2analyst

Impressive volume, looks to me someone off loading and someone picking up these shares, near 13 million traded, id say this is the bottom

Digest this bit of information and you will be glad holding this

Stephen Bowler, IGas CEO, added:

"We are delighted to be working with SSE as we seek to deliver this flagship renewable project for the city of Stoke-on-Trent. SSE is leading the way in developing the low-carbon assets and infrastructure required for the UK to reach its target of net zero emissions by 2050.

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

Have seen the market cap of sse?

https://finance.yahoo.com/quote/SSE.L/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAC91rAUJsQPyzwXzMePyory4QXRckG_CBMRo0u8r_ZjOrEdkV-kx_EJq_bN2Hv92-wxJFwvuDxOC6UWRwWs_XRAp5PXIexlcCnPpDXcbNFVvLV4Judhoz4mY0tr6nBhihAtUmow8kHVtGKaBYo3qA9BZjkOYhi0AjXRySFH_uD0T

If someone's forward buying, that is positive indeed

I wouldnt worry about it, they will announce other partnerships, just watch, ceo said it

Interesting read

https://www.greenmatch.co.uk/geothermal-energy

Yes they have increased

At this rate of buying who ever the seller is will be finished

Sse is on board and others to follow per yesterday's rns, dont think it would be a good idea to be out of this given energy crisis

"As local authorities and other large-scale users of heat transition away from fossil fuels we are receiving an increasing number of enquiries looking to geothermal as a solution and through this growing pipeline of development opportunities, IGas is well-positioned to deliver a solution to the long-term decarbonisation for heat in the UK."

In 2 hours so far over 8.5 million shares traded, I think steady rise into 30s, partnership with sse is ground breaking and also they said they are working with other energy providers for other cities, best to hold or add and seat back relax

Governments throwing in billions for renewable energy source and to meet targets

"including executing a heat offtake agreement in relation to GTE's future geothermal plant.

That reads to me sse will pay for the project, they have plenty of cash

"SSE will develop and deliver a district heating network in Stoke-on-Trent working with GTE and Stoke-on-Trent City Council.

The MoU grants exclusivity to each of SSE and GTE with regard to the Project for a period of 12 months with certain milestones including executing a heat offtake agreement in relation to GTE's future geothermal plant.

I just done a small top up paid 24.25p showed as r trades , looks like all the others are buys

Just look at the trades going through i doubt very much they can hold this down for long

50k buy at 25.14p

Lol

Investors are waking up to this geo thermal energy source, sse has partnerd and from igas ceo "
We are also working closely with other energy providers on a number of district heat networks in other cities.

http://www.gtenergy.net/what-is-geothermal/

Sorry off thread but relevant

This is from igas rns, they are talking about other energy providers already sse has partnerd with them on geo tharmal energy

Stephen Bowler, IGas CEO, added:

"We are delighted to be working with SSE as we seek to deliver this flagship renewable project for the city of Stoke-on-Trent. SSE is leading the way in developing the low-carbon assets and infrastructure required for the UK to reach its target of net zero emissions by 2050.

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