Whilst western nations come up with climate control agreements . Russia is about to develop one of the largest oil and gas fields in siberia. Not to mention Nord stream 2. Way to u.k and eu. Were getting there.
At 50p per therm serica by my reackoning would be on a pe of 3 next year once full ownership occurs. Appreciate more analysis from the seasoned posters on here.
This will not happen as the eu will hamner out a deal with Russia I just hope that serica can maintain this current price level once gas prices decline.
Then we havent had games being played by the ruskies. Re nord stream 2 before. Its going to be interesting how long it takes before they start to export gas through the pipeline. My guess is days rather than weeks.. hopefully gas will remain above 100p a therm well into next year.
RE: Testing will be here for a long time14 Sep 2021 23:51
Fwiw .The agm is key here in terms of solid progressm happy to hold what i currently hold. But they really do need to move from a pure scientific approach to a corporate approach now inmv.
For anyone interested a good articke on cnbc this evening concerning gas or rather a shortage in europe . If gas prices can stay this high for six months then Sericas share price must surely be supported at this level come what may.inmv.
According to the old farmers almanac we are in for one of the longest and coldest winters for a number of years. Maybe worth a read as the farming community are usually pretty good at predicting long range weather conditions inmv
RE: Serica must be stepping up...10 Sep 2021 08:14
Newkotb Going back to your post.(if your still engaging with me.apologies again) Any ideas as to why the market is not responding in terms of the share price. The company really does need to somehow get this news out there.