Member Info for MasksNewNorm

10-15p therm as per RNS.

412.87 therm atm. Fill those coffers.

UK natural gas futures broke above the 400-pence-a-them mark, a level not seen since their March peak, underpinned by prospects of further supply disruptions and elevated demand from the EU. A historic drought triggered by an arid summer that set heat records across Europe threatens to halt energy shipments along the Rhine River, exacerbating concerns in an already tight market. On top of that, Russia's Gazprom reduced flows through the Nord Stream pipeline, citing issues with turbines, delivering only 33 million cubic meters daily, roughly 20% of its capacity, forcing European buyers to find replacements like LNG. Still, the channels linking Britain to the EU have been working at maximum capacity. The UK has been using its excess regasification capacity to import more LNG and resell it as natural gas to Europe.

https://tradingeconomics.com/commodity/uk-natural-gas

U.K. gas live price 407p therm currently.

Gotcha thumbs up.

Also the last prezzo in July stated Iog have new assets in the NS they have their eye on and that they have a strong cos in achieving.

U.K. gov need this.

NS gas is far too lucrative to be letting go imo.

Alligator it’s not me who is confused on that subject.

Totally with you on the other info. Iog has plenty of value backed up in the tank for the market to yet realise.

I think you are confusing sp with market cap. The market cap is very healthy indeed.

Low opex 10-15p therm and production due to at least double plus no hedge limiting returns to the coffers.

Besides this TA wise we are in a strong uptrend and over the next week we will have the coveted golden cross in play.

398p /therm currently.

Philsy brilliant thanks for your workings.

Shell take 70% of the risk. Delt maintain 50% of asset. 318bcf

Only 53m cap for potential billions on offer with Shell operator and under pressure to deliver U.K. gas asap.

Bubble, Shell are taking 70% of the risk. Delt maintain 50% of asset. 318bcf

Only 53m cap for potential billions on offer with Shell operator and under pressure to deliver U.K. gas asap.

£140m strong balance sheet on current cap £180m

Not unless they have complications as production is expected to at least double from here.

1m buy full ask.

And silver.

Gold rocketing today.

Brokers baking in big safety margins then at 65p target. Safety factor of x3. So without the safety margin would be circa 195p providing I am correct with the broker target currently at 65p target?

Is the current DA price 370p/therm guys?

If so….What are the current revs on this?