Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
INEOS are waiting on the government to provide the lead on more favourable planning legislation. Once inept local councilors are removed from the picture it's open season for fracking. We are seriously up against it though in terms of opposition from people that have led us into the situation we find ourselves. The GBP/USD rate is what should be worrying everyone at the helm, not a few people advocating for more renewable nonsense to line their own pockets with.
What the heck are you bumbling on about? Do you have any idea how low EDRs MCap is in comparison to its potential gas and oil assets? Come back in 6 months.
Day traders are generally skint due to lack of intellect, as is witnessed when the flood the chat of a company they know little about. For the rest of us, today's news is very much welcome but listening to the left wing drivel via the BBC straight after shows how far we have to go. We're in the situation we're in due to politicians believing in their own nonsense they spout to appease minority groups and our left leaning media. It'll be interesting to see how Truss deals with the backlash, she'll need to change legislation to ultimately take full control. If in the event she fails then the UK is destined to become even more of a basket case than it is as it'll be reliant on big government and lack of private sector growth. Good luck everyone.
Telegraph are quoting what the Climate Change Committee are advising. If you know who heads that up you'll know they have investments in the green nonsense that has led us to this dire situation.
We don't need to go to an election for that unless of course Truss feels she wouldn't have a majority to see through the new legislation. Planning decisions on energy were going to be removed from the hands of inept and weak local councilors back when May was in power but because she was so bad she f'd the whole thing up and lost her majority. BoJo was given a majority so legislation could have sailed through but decided to go back to his socialist roots and spout a load of dribble during his tenure. This country has been taken over by people that appear to enjoy watching its demise, this is why I said Truss will need to swing her cajones if we are to stop the rot. I believe Truss will kick-start the fracking debate which is a huge positive compared to where we were at. Money to be made here in the short term for sure.
It appears so simple yet so difficult for our weak politicians to be able to use something called, common sense.
EDR of course, has the largest acreage of potential fracking assets (owned by a publicly traded company). Green energy is a lucrative machine for many people that have friends in high places, the technology is still very much lacking in terms of storage but it makes for appeasing headlines. Fossil fuels will be around for a very long time yet, in fact I think they'll always be required. Energy security is a number one priority, BoJo never really understood this, as he's quite frankly an idiot. Hopefully Truss has the cajones to take on the well financed green lobby.
Liz will definitely win, she's miles ahead when it comes to Tory members voting intention. That being said, should a miracle happen and Rishi gets in, then he also demonstrated support for fracking. BoJo was always a bit of a green socialist, more so with Carrie on the scene, now he is out of the picture let's hope the Tories find some backbone to take on the green lobby which has very interesting financial backers (look at Bloombergs reports).
Sold out today at a huge loss but I'll make it back in better sectors, already up over 30% in small cap onshore energy today alone. The issues Cellular have are massive and I don't see them overcoming them anytime soon, the biggest one is the tough stance by the regulators, there was a good article about the industry and the problems they face in the Times. They don't have an easy method to advertise online as the product is banned by the big players and actually it's become harder in the last few months due to privacy laws and tracking. I can't see why this would be worth anymore than a couple of mill MCap right now. Sometimes you make mistakes and CBX has been a big one.
If ever a share should be moving north it is EDR. The markets would fit in at home in Vegas nowadays. Fake drop, will come back.
Bojo is a waste of fresh air, he is a left wing liberal that pretends he's some sort of Churchill in his own mind. We need new laws to come in to take away the huge say inept local level councilors have in the security of our energy sources. Even under May there was more talk around onshore energy, albeit due to the advisors she had in place at the time. If Labour would just kick out the communists and start talking about growing the country post Brexit they'd smash the Tories into oblivion.
Hi Esox. I've been watching from the sidelines over past few years our government destroy the security of our energy. The fact Russia has now gone all out should change the type of language in the UK around home grown fossil fuels. Nord Stream 2 was always a barmy idea and now many countries in Europe will be getting more than a little nervous. Egdon has had a very tough time, it started with the vote for Wressle in 2016 going from a recommendation for approval to rejection, the vote was turned by Labour councilors in North Lincs who were swayed by people with pink and green coloured hair that represent a vocal minority. Hopefully Bojo will get the boot and we'll get a leader that's actually right of centre in the future.
rise*
The news is due to multiple factors all coming together at the same time.
I think there was maybe a capital raise with more shares entering the market since it peaked in the 30s I'm sure it was roughly a 100mill cap back then.
10x on speculation alone is what I was meaning. If fracking actually got off the ground next time around it'd be big bada boom time. The UK government has finally be caught out sleeping at the wheel and listening to woke folk who don't understand how the world actually works.
Whilst the Ruskies have killed my portfolio for most other stocks they've done me a big favor here. If Nord Stream II gets wiped out by the Americans we may well see the discussion around fracking return as quickly as it was killed off. We'd then see the SP 10x from here as EDR hold the most licenses for potential onshore fracking in the UK (as a publicly listed co.).
CBX have really had a disaster of a start. I have been in the startup game for 21 years having started first company aged 17. I've seen ups and downs during this period but one thing I've done is to learn from my mistakes. CBX could be great but they've got a lot to do to get there and right now they are not demonstrating the skills required to be successful. They should have had distribution in place on the day they launched, to list on Amazon is not difficult especially if you have done it before. I noticed a job advert for Head of Growth for CBX only 1 month ago, this position should have been filled from the start by someone that has a wealth of knowledge about e-commerce style businesses. Meta has caused online retailers massive headaches over the past several months when the new iOS privacy update came out, they can now no longer track activity on the business website making retargeting etc impossible. Anyway in CBX' case it doesn't even matter as they have confirmed they can't market cannabis derived products on the major online advertising platforms anyway. Did they just realise this? I'm in the alcohol market and we also have a tough time but f me at least we plan ahead. The only large scale marketing opportunity these guys have are influencer based marketing but I'm not sure if any of you would have invested in a business that counts that as its main opportunity. I love a gamble, this company will either be great or be bust.
Was to be expected following on from what is happening with bios in the US. Market has been getting pumped and now it is getting dumped. Even stocks that are awaiting an imminent phase III approval are tanking. How long will the bear market last? Nobody knows. If you need cash in term you're screwed if you have money to invest then avg down if you're in a loss and truly believe in the science. People often like to find reassurance on these boards but you don't control anything, the big boys control it all.
Good to finally see the launch albeit a relatively muted affair as they often are. SP' generally move up on anticipation of news and then on the actual day of announcement they are sold for a quick profit. Having traded for 20yrs I find that if you want the big money you need to remain invested for a substantial time and resist the urge to sell on peaks and buy in troughs as you are very unlikely to beat the market. Launching in the current climate is unfortunate due to the ongoing problems in logistics but it's up to management to overcome the glaring issues. On paper CG have a great team so I'm excited what they can achieve in a growing market. The alluded move into pet food could be a game changer in terms of revenue. Look forward to forthcoming updates next year and gl to all LTHs.