Member Info for pawnsacrifice

That seems a bit of silly question really in that, if successful the sp will be much higher and with confirmed flow funds through debt maybe available and if a duster well you know....

Hopefully means we'll start to get updates soon. News on Garalo-Ntiela would be well appreciated.

So its not time to be saying i think the markets temporarily over reacted to the largely non cash losses in the interims and is likely to have a change of heart at the latest when the next geo thermal news comes in?
20p average here and quite content to hold and even add. Think geo's going to be a big investment theme amongst the green brigade and would warrant quite a few feel the same and are just waiting on signs of this bottoming before committing.

From the Presentation..
GEOTHERMAL
Gathering pace.
Planning granted for Stoke-on-Trent Project
• MoU with SSE to deliver network
• SSE intends to invest £750m over the next 5 years in distributed energy
infrastructure – geothermal is core
• Recent ministerial round table/Westminster Hall Debate
• Working groups within BEIS looking at support mechanisms
• Several existing funds identified
• Long term downstream support dedicated to geothermal for the first 30 deep
geothermal projects will unlock a geothermal industry
• April 2021 ARUP and the REA publish new report on the economic and
environmental importance of UK deep geothermal
• Geothermal has the backing of business, academics and NGOs
• Estimates UK could deliver 360 geothermal projects by 2050
• Growing development pipeline of potential projects across the UK
• Manchester
• Newcastle
• Southampton
• Bournemouth
• Increasing number of enquiries from energy providers and consumers

Blue finish would be nice indeed.
Haven't seen today's presentation on the board so will remedy..
http://www.igasplc.com/media/47029/IGas-Interim-Results-presentation-2021.pdf

The gov have £270m earmarked for geo/green in April next year and stokes expected to get a decent share of that. They were inviting investors to come in on the back of that promise too in the gov discussion IGAS mentioned in their interims this morning.

plans not planes. lol

The plans to "compress the timeline" take it thats new? Always thought these would benefit from having a tighter timeline to production. Will be good to see their updates planes when the're RNS'd.

Think the shorts are coping ok so far. lol

Never say never for the placing but these do have quite a lot of headroom from their debt provisions/providers before needing that imo.
From the finals..

Reserve Based Lending facility

On 3 October 2019, the Company announced that it had signed a $40.0 million RBL Facility with BMO Capital Markets (BMO). In addition to the committed $40.0 million RBL, a further $20.0 million is available on an uncommitted basis, and can be used for any future acquisitions or new conventional developments. The RBL has a five-year term, an interest rate of LIBOR plus 4.0%, matures in September 2024 and is secured on the Company's assets. The RBL is subject to a semi-annual redetermination in May and November when the loan availability will be recalculated taking into account forecast commodity prices, remaining field reserves (assessed by an independent reserves auditor annually) and the latest forecast of operating and capital costs. As at 31 December 2020, the Group had successfully completed the November 2020 redetermination which confirmed an available facility limit of $31.7 million.

can see why its so twitchy with the shares in issue and percentage held by insti's..
https://www.igasplc.com/investors/shareholder-information
Going to need a few hefty shakes to kick pi's out if insti's do want more.

Looks like a book keeping exercise imo. Organising their holdings into a better form to hold long term hopefully.

Agreed, good to see Italy profitable and if they can expand the concept all the better.

Thanks for the headsup on the tweet, can see why the surge in interest now. Great to see they've listened to their pi's with the pictorial update too.

Gipave sounds amazing . Should be a criminal offence not to use it, its certainly an environmental one.
They mix it with the plastics that end up in our oceans and get to lay 20 tonnes of the stuff per kilometre of asphalt.
Got that from here. Hope the link works..
https://translate.googleusercontent.com/translate_c?hl=en&sl=it&tl=en&prev=search&u=https://iterchimica.it/wp-content/uploads/GENTE_LA-STRADA-E-UN-GIOCO-FATTO-DI-PLASTICA.pdf&usg=ALkJrhjKIa_-LSvtjp4eB3NucMZNt5LcZw

Well thats what happens when you ban power from anything that isn't a windmill. lol

Agreed, looking forward to the farm in being finalised too. £10.9mUKP farm in and £9m co. with as you state a very fair chance of success.

Well done BLOE and great to see the next well being planned already.
Pretty sure they said the continuation of their drilling programme was dependent on a successful first drill?

Traders selling as the news isn't due til the 30th? Patience not high on the list of aim traders skillsets.

Couple of weeks delay in our new covid ruled world is on time imho. Kudos to them for getting this far this quick.