We chatted to IronRidge Resources' CEO Vincent Mascolo who explains why the company has become a lithium explorer. Watch the video here.
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cri123
S/p following pattern whereby mm’s want buyers. This often comes before they slump it or during leaked info re. Placing or Rights Issue. Been here many times.Happened twice here 2017.
That would make sense up to a point, fact is here, we had a placing in January to raise 1.5M which up to now as far as we know still has not been spent? It was raised for land purchases purposes.
Therefore my view is that you are wrong in your theory, although you are correct, there are a lack of buyers!
Mr T
S/p following pattern whereby mm’s want buyers. This often comes before they slump it or during leaked info re. Placing or Rights Issue. Been here many times.Happened twice here 2017.
May not be the caae . But their games make me suspicious.
RNS and investors eves. also make me suspicious.
Just sharing. Happy to be wrong.
For the idiot applied
I think he is an idiot and I quite enjoy having my posts deleted
MrT
Mitch does seem to be quite... emmm... inconsistent with his description of his portfolio or strategy but I, for one, feel like we might actually benefit from his contrarian point of view. Without him this place would be a bullish echo-chamber and that's hardly ever good.
Cryptomaniacs coined a term "FUD" to shut down anyone who wouldn't repeat their mantra religiously (IOTA in every device in 2020! XRP becoming a global currency this June! Jesus used Bitcoin!) but think it's usually worth it to endure the annoyance of having our presumptions challenged. It's not like his (or ours) ramblings can affect the stock price anyway, it's just an exachange of opinions.
Precisely, my post will probably get deleted because I called him idiot, which he is. If my account get deleted who gives a **** really
Kib,
Well for a start he doesn't make any sense, he also states that he is a holder and then continues to deramt the stock. I agree none of this is a reason for his posts being deleted, maybe the administrators deleted them due to their hostlity towards this stock and his general demeanour, that is, always attempting to deramp, informing the world and his wife of his so called good calls!!! ie his personal trading habits and his then I couldn't give this or that quotes. Certainly appears someone is grassing him up!! so to speak, and before anyone asks no it's not me.
I couldn't really care less what other posters post! I will sometimes point out that the content is either incorrect, misleading or doesn't make any sense.
Come on INFA lets get going? the wait is getting a little tedious to say the least, expect a creep back up in the sp Thursday and Friday imo.
Mr T
Probably a noob question, but why is Mitch being deleted? In his recent posts he did not insult anybody as far as I could tell, his perma-bearism and gloating on SP decline isn't any more useless then posting "I've bought 10mil more, hoping for 3p by end of May hoot hoot!" or "Mitch needs to get laid" and, quite frankly, his 0.72p call was bang on target, regardless of the logic behind it.
Needs to go get drunk, what an idiot
Come on JW drop the news we are all waiting for :-)
These protesters do not stop on Twitter...
https://amp.ft.com/content/dc846c24-6a86-11e9-80c7-60ee53e6681d?segmentid=acee4131-99c2-09d3-a635-873e61754ec6&__twitter_impression=true Ambitious target from UK government Gas, CCS and Hydrogen will play a big part imo
Exactly, look who has popped up out of the woodwork, like clockwork, here he is our pal Mitch!! banging on about nothing yet again.
Look the facts are there for all to see, we do not need a marine licence at this point in time, that will come once everything else falls into place. We have not even commenced construction yet for heavens sake so why on earth would we require a full marine licence?? answers on a postcard please.
Mr T
That right there, is why you need to think before you post Snowman!
Don’t feed the trolls.
Not that tempting for investors at the moment ---- IMHO
That marine license could take anywhere between 6mth to a yr to sort out, they faultered by adding a sneaky extra cavern (8) when they only had permission for 7... Investors aren't going to like that one little bit.
& any large organisation planning to take up with "infrastrata" are defineately going to do their due diligence and again (imho - nothing will move forward until the Government of Northern Ireland issue the said marine license)
Again imho can see share price slipping to .69 - .72
Agree Setanta.. based on Spuds earlier observation funding has to be in place before Marine Licence .. so perhaps a bit of a Red Herring ! Key Milestones are Offtake, Equity Partner, FID hopefully all before end of June
Radders : good find the Daera document. And Snowman keep our hair on. Do you good to read the bit of the Half-year Report that deals with the Marine licence in which it states that "...theCompany believes that the draft licence will be converted into a full marine licence at THE APPROPRIATE TIME. That time could be a couple of years hence. The CEO would have had to declare if the item was going to prejudice the FID which is due this quarter.
So forget about it for now or you may be providing new strings to the manipulators bow.
We are waiting on the offtake and funding confirmations. That's what we need just now. Tired waiting? I certainly am!
Thanks Radders.
' The (original) application proposed the creation of 7 underground caverns '
In December, all the talk was of 8 caverns..........DAERA said any alteration could result in lengthy delays.........simultaneous to this going on there were 'delays' in the other processes i.e. negotiations with offtakers, equity and loan providers and chairman leaving (we were all expecting movements in EARLY 2019 on those fronts.......the caverns were then brought back to 7 again (different reasons given unconnected with marine licence process, but 'luckily' facilitating the marine licence process which was originally for 7).
Looks like the actual public consultation for licence will be much later in the year....can't see it being before the scheduled FID at end of June if Environmental Officer not yet in post.
Some will say it doesn't matter and FID will take place regardless of issue of licence.....I have my doubts of that.
I'm convinced the project is a goer but that licence, as I've said often before surely HAS to be paramount and in place.......but very happy to be proved wrong.
If I read this correctly as at 17th April Daera had verbal update but key documents had not yet been resubmitted. Once resubmitted and they had time to review they would confirm what type of public consultation is required
https://www.daera-ni.gov.uk/sites/default/files/publications/daera/QUESTIONS%20%26%20ANSWERS%20%20version%202%2C%20April%202019%20%20ML%2028_12%20applic....pdf
Well are you sure? Why would they be looking for a marine environmental officer ?
Anyone know why the 42 day statutory consultation period for the marine licence has still not yet even been initiated?
Surely, it has to be advertised in local papers.....no notice publicly advertised yet that I can see. After that period has finished, any objections have to then be dealt with.
I'll just feel a lot happier once the process is actually underway. I thought it would have been done and dusted months ago.
JW has advertised that is now looking to recruit: “As we move rapidly towards the construction phase of our Islandmagee gas storage project we are now recruiting for the following positions:- Project Director, Project Manager, Marine environmental officer, Community Liaison officer to name a few. Our careers page on our website will be going live during May” careers@infrastrataplc.com Rather great
Prolly on NEX Harry. That's where they hide a lot of trades. Oooh, moke and smirrors.
I'll take a four and a half percent rise every day thanks. That'll do nicely.
I feel it's starting to squeeze. Any moment soon it's goning to pop.
Cheers all. You know what time it is. :)
Made a few sales in the past week elsewhere to add twice today at 10:56 ( one not showing), another 1.5m to the pot. Don't want to miss out! Enjoy the weekend all.
hasn't been given yet.
The most important thing for investers here is the SP and that is still being manipulated so that it does not rise dramatically. The manipulators will give the nod when the time is right for them.They've managed the SP for almost four months now and they continue to do so.
The issues outstanding on a practical level are the finance and offtake partners. The marine licence and other details will fall into place as appropriate.
We've just got to wait for the nod. Then we'll know that the SP is about to rise and stay risen.