Egdon Resources Share Discussion Threads

[ntv] 05/9/2022 18:21

Took a small amount profit today

[felchandbart] 05/9/2022 11:45

Looks like the start of a good week. A good sector to be invested in currently.

[bountyhunter] 30/8/2022 09:41

Bought a few at sub 8p this morning, a bit late I know but expecting 10p+ soon as we get nearer to the Liz Truss era.

[rolo7] 30/8/2022 08:38

good start to the week!

[felchandbart] 30/8/2022 08:37

Strong start to the week. An in-demand share. Could be double digits this week.

[felchandbart] 26/8/2022 12:07

If all goes to plan, we could be sitting on a golden nugget here. We've had false dawns with fracking but the mood looks like its shifting. Expecting to see big gains in the coming weeks and months. Have added today. Should be exciting.

[haydock] 26/8/2022 09:00

Just put my toe nail in here. Ex Igas big loser first time around.
Learning my old habits, places to follow again.

hxxps://drillordrop.com/2022/08/08/egdon-appeals-against-north-kelsey-refusal/

A good site to follow.

[rolo7] 26/8/2022 08:05

good update by ujo today

[buffinman] 24/8/2022 13:14

Just seen Lammergeier's post from last week quoting McAllister saying

"If Sunak’s or Truss’ Cabinet were to give the green light it would “almost certainly” begin at one of the two existing sites in the UK, McAllister added.

One of those is Springs Road in the East Midlands, operated by IGas Energy PLC (AIM:IGAS, OTC:IGESF) as part of a joint venture with Jim Ratcliffe’s Ineos and Egdon Resources PLC (AIM:EDR)."

McAllister's comment makes no sense. Why would you start at just one site when

1. The UK needs success as soon as possible

2. The more sites that start up, the more the crusties have to divide their resources.

[ali47fish] 24/8/2022 13:05

except that nobody cna predict or forecat the direction in this as there are many issue about fracking and political clouds that muddy everything

[felchandbart] 24/8/2022 10:33

Max order a measly 5000 shares currently. Seems to be in demand - and no wonder.

[mountain man] 16/8/2022 17:28

Such is the urgency to unlock new gas supplies that I believe both sites would be opened up. The value beneath our feet is enormous and it could be the financial god-send that the government and this country so badly needs.

[lammergeier] 16/8/2022 16:48

If Sunak’s or Truss’ Cabinet were to give the green light it would “almost certainly” begin at one of the two existing sites in the UK, McAllister added.

One of those is Springs Road in the East Midlands, operated by IGas Energy PLC (AIM:IGAS, OTC:IGESF) as part of a joint venture with Jim Ratcliffe’s Ineos and Egdon Resources PLC (AIM:EDR).

“Option two is Preston New Road, in Lancashire,” McAllister commented, which is run by Cuadrilla.

[greypanther2] 16/8/2022 14:36

I'm worry for the confusion on my part but it didn't make much sense to me. If you don't share their opinion, I don't understand why you've quoted it.

[lammergeier] 16/8/2022 13:21

GreyPanther2- thats not my opinion i am just quoting an extract from the link from
market place .org.You obviously did not read the article .I suggest you send them
an email to say you disagree with their comment.

[gerhart] 16/8/2022 10:05

We did very well yesterday, and I expected a drop to day. Though 10% bit of a surprise. But still, better steady as she goes. Nothing goes up (long-term) in a straight line.

[greypanther2] 16/8/2022 10:03

LAMMERGEIER "Compared to traditional drilling, almost everything about fracking is less: less capital to get a well drilled, less time to get a well producing and less time that it will be producing that oil" Do you really think so? I worked in the oil industry for many years and you're quite wrong on the cost of drilling a horizontal / frack well compared with a drilling a vertical well. Sorry!

[lammergeier] 15/8/2022 23:32

hxxps://www.marketplace.org/2022/08/15/fracking-flourishes-as-era-of-net-zero-carbon-looms/
Compared to traditional drilling, almost everything about fracking is less: less capital to get a well drilled, less time to get a well producing and less time that it will be producing that oil.

That’s what oil executives have in mind when they’re deciding where to drill and whether to drill vertically or frack.

[jpuff] 15/8/2022 16:24

Good volume on the rise too

[rolo7] 15/8/2022 14:14

nice cup with handle on the chart since 2020. only at 23.4% free float looking at stockopedia shareholders but more share in issue last few years.

[ali47fish] 15/8/2022 13:53

thanks guess for the comments- i am a long term investor dubious about this share for years - whenever i added it went back - is this any different this time - so far missed benefiting from this spike