More interesting reading on Europes potential flip flop on LNG to reclassify it as a 'green investment' along with nuclear.
https://www.reuters.com/markets/commodities/eu-drafts-plan-label-gas-nuclear-investments-green-2022-01-01/
I'm bullish on LNGs future as a transitional fuel. It's already acknowledged gas has critical importance as a transitional fuel in the developing world, Africa being a prime example.
If we make a discovery then I'll look to take some profit in the mania, but I do think there would be a lot of value in going long in IVZ.
They have a captive market in the Southern African Power Pool and I can only see demand and prices for LNG internationally to be very strong in coming years.
I think Scott and co are smart enough to ensure any production infrastructure built would meet EU regulations on emissions to be classed as green enough for EU investment. This is assuming IVZ develop it at all and don't get bought out if we make a discovery.
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