Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Egdon bought out trading under new name have gorgotton just look for ujo new jv boys
Doesn't anyone know what happens to a share when it gets delisted?
Why is this chat board still on September 22 has it been lost in the triangle
Or no one has been on here since. ???
Correction - 14%!!!
With just 12 trades.
Four trades so far today and three are sells - and SP is up 10%!!!
After Admitting He Has No Evidence about Dimock, Tony Ingraffea Hides and Runs
By Phelim McAleer
Professor Tony Ingraffea has never been shy about speaking to the press about fracking. He has been in both Gasland documentaries, given hundreds of press interviews, and spoke at rallies with anti-fracking celebrities Mark Ruffalo, Sean Lennon, and Yoko Ono.
But over the past few days, his advocacy has come back to haunt him and left him literally hiding and running away when it comes to answering difficult questions.
It has been a rough few days for Professor Ingraffea, the anti-fracking movement’s favorite scientist. Finally, he was under oath and had to tell the truth. When he didn't, he had to face his lies being exposed. He was giving evidence in the Dimock Water Trial where the Hubert and Ely families from Pennsylvania are accusing Cabot Oil and Gas of polluting their water during fracking.
Under skillful cross-examination, Professor Ingraffea was forced to admit that he's an anti-fracking and anti-fossil fuel "advocate." He denied being an activist, but his face fell when lawyers for Cabot asked to show the jury photographs of him speaking in front of anti-fracking signs and participating in an Artists Against Fracking press conference alongside Ruffalo, Lennon, and Ono.
Even the lawyer for the families, Leslie Lewis, blurted out in open court that she "wasn't thrilled" that the photos existed.
But the hits to Professor Ingraffea's credibility kept coming. He admitted that his theory contradicted the plaintiffs’ own timeline. Under Ingraffea's theory, the "contamination" could only have started in late 2008/early 2009 because that was when the gas drilling started; however, the plaintiffs have stated repeatedly that their water allegedly deteriorated in the summer of 2008 before the drilling Ingraffea has been blaming for the past 8 years.
Then Ingraffea shockingly admitted that after eight years of claims and multi-million dollar lawsuits, he had no proof that Cabot had contaminated any water in Dimock.
So yesterday, after he finished giving evidence, he was outside the courthouse. I decided to ask Professor Ingraffea some difficult questions. Suddenly the professor, possibly for the first time since he became a prominent anti-fracking activist advocate, didn’t want to talk to the press. In fact, he wanted to hide--behind a woman's coat.
I wanted to know if, after admitting under oath that he had no evidence to back up his claims that Dimock's water was contaminated, he would now take the opportunity to apologize to the people of Dimock. He didn't. He ran away.
It's sad that people such as Professor Ingraffea can make so many damaging claims, scaring people, telling them their water is poisoned, and all these years later admit in a court that he never had any evidence to back up his scaremongering.
Please watch the video at the bottom of this post to see if you think his cowardly response is adequate. Please share and let us know
SMALL CAP MOVERS: New PM's call to green-light fracking puts a rocket booster under oil and gas stocks
Ian Lyall At Proactive Investors For Thisismoney.co.uk - Yesterday 08:33
9 Comments
|
14
Share
After weeks of rumour and speculation, one of Liz Truss' first acts as Prime Minister was to give the go ahead to fracking in the UK after a three-year moratorium.
Unsurprisingly, this lit the blue touch paper under stocks in those junior companies with onshore projects that might contribute to gas self-sufficiency.
Union Jack, up 38 per cent, was the week's biggest mover, followed by Egdon Resources (+31 per cent), UK Oil & Gas (+28 per cent) Reabold Resources (+27 per cent) and IGas (+27 per cent).
Loads
London EDR shows the right prices live ...9.08 ...Not 8.70
All buys and the price went down maybe it’s a pump and dump ?
Probably from people who bought in years ago at sub 0.2 and glad to get their money back.
On Mon ..Tues etc all buys and the sp went down. Can't really tell what is going on , but hopefully this share will grow in unison with Liz's progress with energy agenda.
Sell to push price up ?
Thank you for that informative post.. Good luck for the future.
Response to Government Lifting the Shale Gas Moratorium
The directors of Egdon Resources plc (AIM:EDR), a UK focused energy company, welcome today's announcement by the Prime Minister, Liz Truss, of the lifting of the moratorium on hydraulic fracturing for shale gas which was introduced in November 2019.
Commenting on today's announcement, Mark Abbott, Managing Director of Egdon Resources plc, said:
"The lifting of the moratorium is a logical and pragmatic response to the new geopolitical reality and the new Government should be congratulated on the speed and foresight of its action. In contrast to a growing reliance on imports, the development of indigenous shale gas could have a positive impact on energy security, gas prices and the UK's balance of payments, whilst delivering tax revenues, business rates, community benefits and thousands of well paid, skilled jobs. Importantly shale-gas can also play its part in delivering the goals of Net Zero and the Energy Security Strategy.
With Egdon's material shale-gas position, we now look forward to working positively with Government and local communities to deliver this nationally important resource in a timely fashion."
https://www.**********.co.uk/rns/announcement/ad8d9aaf-dca3-4316-b34b-0b74e8ec73d4/ response from Edr
now up 15% . Looks like Truss has said the right things.
Truss will blackmail or cajole locals with compensation arrangements plus promise of auxiliary jobs . I see that the sp has dropped even though all trades are buys. Perhaps i should sell to push the price up.
Here's a scenario for your imagination: Truss really does decide to tackle the energy crisis, this includes permitting wholesale fracking across the UK. The Green lobby and local residents (in areas where the fracking will take place) howl their indignation. Within a couple of months or weeks, Truss realises she has no option but to go the country for a mandate to implement a policy of national energy independence. A snap election is called. Which way will the (by then) freezing electorate, who could also be facing another major crisis of a collapsing pound, choose to go?
If Truss delivers on fracking and mineral energy , you soon have a lot more friends arriving here. Good luck..
:)