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Always get traders selling on any news lol
Baffles me. Why sell when the big news is still to come
Piddly sells take the sp down!
Not surprised though as with all of my holdings at the minute all good news is a signal for a fall in the sp!!
You couldn't make it up lol
Mr T
"Completing this final milestone allows the team to concentrate on completing the negotiations that are underway with three potential equity providers that have provided the Company with term sheets for equity funding (at Project or subsidiary level). "
GLA
sp down???????
W.T.F. !!
What idiots are selling now?....is it automatic sell triggers?
C’mon, let’s crack the 1 year high today !
One of many coming today !!!!!
lol
0.799 just paid !!!!!
JESUS!
certainly a heavy weight of upside from 0.75p
tidd,
actually 20p has been bandied about of late !
That would make the estimate now in the region of 60p + !!!!
....NOT TOO SHABBY !!!!!!!!!!!!!
SP already 3.33% up showing on the London Stock Exchange pre-mandatory.
Superb update today, really is testament to the team and how far things have progressed. With a valuation of around £7m this is massively out of kilter. Last remaining warrants being excercised is bolstering cash position and submission of FEED now in for the final part of the EU grant. Additional grant submitted for £40m and now financing discussions ongoing around project level equity. So many positives and with an extension of a 20 year life to perhaps 40, the inclusion of a potential additional 15 caverns and the land outright owned by INFA this is in a perfect position. First of 6 offtakes have submitted an LOI (bluechip) and CEO has lumped in over £350k on market to increase his position. All indications are lined up for a significant bullish move. If the ceo saw 10p as possible prior to a double mine life and an extension of caverns from 8 to 23, what is the potential now? There is clearly huge demand here.
"three potential equity providers that have provided the Company with term sheets for equity funding (at Project or subsidiary level)"
"discussions are detailed and advanced and InfraStrata is still on track to provide a full update in Q4 2018 as previously stated."
Sounds imminent to me to be confirming (via RNS, not pr) that a full update is on track for Q4 when it's less than 3 weeks to xmas. Just eyes and tees to cross surely ?
Happy Xmas.
If a big gas company comes on board, i wouldn't be surprised to see them take a good chunk in INFA as well. Similar to the OMI agreement.
be
What an update...
Surely this would take care of the entire UK gas storage wouldn't it?
This is phenominal!
GLA!
Amazing !!!!!!!!
Great update! Finance news weeks away, and potentially 15 more caverns. Look at the project economics for 8! Amazing. The next Rough in the making.
Possible potential for 15 more caverns. WOW
Nice update :- ‘completing the negotiations that are underway with three potential equity providers that have provided the Company with term sheets for equity funding (at Project or subsidiary level). The term sheets are not binding and at this stage it is not guaranteed that InfraStrata will enter into a binding equity agreement. However, discussions are detailed and advanced and InfraStrata is still on track to provide a full update in Q4 2018 as previously stated. Enabling works have been planned as the next phase of the Project, ahead of a final investment decision, and are scheduled to start in January 2019. In addition, InfraStrata has engaged Costain to undertake a Concept Development Study to consider the technical implications of twinning the pipeline that runs between Northern Ireland and Scotland including the restrictions of connecting any new pipeline into the existing network and regulatory framework. There are no guarantees that it will be possible to twin the interconnecting pipeline at this stage and further details will be provided when possible. Further, Atkins has been engaged to further investigate and provide a Concept Development Study on developing additional caverns on Islandmagee, as previous advice received indicated that an additional 15 caverns could be possible on top of the 8 already planned. However, there are no guarantees that it will be possible to develop any further caverns at this stage and further details will be provided when appropriate. John Wood, Chief Executive Officer, commented: "It is testament to the team that we are building at InfraStrata that we have managed to deliver these milestones in a timely manner. As we progress through to the end of 2018, we are working hard to close out the equity funding for the Project. We are working through the process methodically to ensure we create maximum shareholder value. We are working to ensure we hit the ground running in 2019 with many work streams in progress’
Another great rns from Infa.
You too,John ..looking forward to our pre conference meeting with "the boys" at The Chamberlain !!!
Good one Dawski
Nazza boy any chance of giving us a progress report on activity down at the wellpad on Islandmagee considering you are able to see the site from where you live lol. I expect there's a hive of activity down there. Please be sure to identify yourself at the shareholder meeting tomorrow it will certainly make for an interesting conversation *@*ker