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"close to testing the lows", really Malcy? Not even close. lol
Infrastrata
INFA has announced this morning that it is in an advanced stage of negotiations with two final off-take partners which should shortly come to a conclusion. They also state that a deal might be for all 7 caverns not just the first 2 in the current phase 1 plan, sounds good yes? Here’s the rub, or at least why the shares are down today and close to testing the lows. The good news is that should the bigger deal go ahead then phase 2 FID could advance from Q4 2020 to Q4 2019 bringing forward the whole process. The bad news is that this way the existing phase 1 process would be delayed by 6 months to Q4 2019 as the phases are merged.
So, the market’s reaction is that a delay to the process is worse than a bigger deal later, probably consistent with any market’s inherently pessimistic outlook, this stock has a chequered past remember. I would wait and see what sort of deal turns up before pre-judging but would think that if a deal is signed it will be a huge step nearer to the land that has been promised for many years…
I reckon it will be EDF Trading
Lol.
You expect an answer after the stunt you played earlier pmsl...
Ffs someone give a real answer.
Is this being built? http://www.halite-energy.co.uk/
Could we take it over?
Could centrica be the offtakers? Which names could be in the discussions??
It would be great if they could get it signed before end of May
The meeting on 8th May, think his words were broadly he would rather wait a couple of weeks and get it right, but had hoped to have concluded before the meeting.
What sort of companies could the offtakers be?
Which meeting Radders?
As I recall they have one who is the primary candidate much closer to the preferred terms. Hopefully that particular deal can be done within next couple of weeks (JW said he had hoped to conclude before the meeting) and calm everyone’s nerves
Come on. Hazard a guess at who the offtakers could be?
John Wood, INFA CEO: We are extremely pleased with the rate of progress of all the negotiations that are ongoing and are confident of reaching a conclusion on our offtake negotiations in the near future, which will in turn drive the other workstreams in the Project ". As a committed LTH those words are music to my ears! Patience is ALL that's required here.
Are 'the final two potential offtake partners' in competition with each other?
anyone hazard any guesses who the offtaker might be?
John Wood, Chief Executive Officer, commented: "As we reach the final stage of our offtake negotiations an additional scenario has arisen that may see FID taken for phases 1 and 2 at the same point in time, which may affect our previously advised FID date of H1 2019 for phase 1 (2 caverns). We are extremely pleased with the rate of progress of all the negotiations that are ongoing and are confident of reaching a conclusion on our offtake negotiations in the near future, which will in turn drive the other workstreams in the Project ".
Setanta1, that just sounds like most shares to be honest, not sure there's a conspiracy here.
Describe the strategy
Sorry wasn't taking those into account as they were in lieu of fees but yes reassuring.
Locals moaning a bit. Apparently infa liaison been around looking for homes for the contractors to rent out. Homes for 400 staff. Big project then.
02-May-19 Buy Trade Notifier Information for Infrastrata Arun Suri Raman 0.77 GBX 1,954,397 1954397
Thats the most recent and higher than todays sp
Also the fact they have all bought says a lot
is not being shorted. At least not to any important extent. The "mischief makers" ( as Mr.T calls them), are the group of manipulators who have been active in this share since early in 2019 and very active since the 1.2p share price in February. The strategy is simple and effective. I've outlined it before so I don't propose to repeat that. But it is clear that it is aided by a lack of any undiluted positive news since January. Yesterdays late RNS had all the hallmarks of a quickly put together and very muddled document. An absolute gift to the manipulators whose sole wish is to lower the price as much as possible and then buy in again when incontrovertible good news begins to raise the SP again.
The rather naive handling of the various delays by our BOD has helped them greatly. My only regret as a subsantial long term holder is that I didn't sell out when the manipulators were doing so . But then I wasn't "in the loop".
The recent director buys were at 0.592 and under.
And the rewards will come
Directors buys were higher than we are now