Infrastrata Share Chat (INFA)

One minor concern is that we may be 'taken out' by a big player and not given the opportunity for our stake to return real value. Any thoughts?

Very informative

Adrian Pocock, CEO of InfraStrata, discusses the Company's Islandmagee #gasstorage project in County Antrim, Northern Ireland with Charlie Gibson, Head of Mining at Edison Research. Watch the interview with @CoreFinanceTV here: https://t.co/hfg1Lw7M7r #INFA #gas .................. #infa Ahead of schedule Under budget Economics looking like above expectations Advanced discussions with blue chip (finance) Advanced discussions with prospective tennants could be the most profitable UK gas storage facility

https://twitter.com/ChartMill/status/1014380043135602688

Both the short term and long term trends are positive. This is a very positive sign.

this was a tweet by boxerdogs

#INFA

Missed by many
https://t.co/TkwiGtftZk

Price caps for consumers are coming , make no mistake ,which will dent profits of energy suppliers. The use of Gas storage / Trading and balancing is one way energy suppliers can mitigate against price swings in the Gas market 😉

https://amp.theguardian.com/business/2018/jun/25/ofgem-appoints-economist-martin-cave-as-chairman?__twitter_impression=true

We’ve said goodbye to .2s we’ve said goodbye to .3s. Hello .5s.

https://www.google.co.uk/url?sa=t&source=web&rct=j&url=https://theenergyst.com/drums-beat-louder-gas-security-inquiry/&ved=0ahUKEwjk7Izb44DcAhXRNcAKHV6IBeQ4ChCpAghDKAEwBQ&usg=AOvVaw0-diJzkLvBJoJuP2IebJu0 ........this link should work for below article :)

https://theenergyst.com/drums-beat-louder-gas-security-inquiry/&ved ............................................ A coalition of major industrials is stepping up government lobbying to force a gas security inquiry. Gas Security Group member, the British Ceramic Confederation, says members are willing to pay an insurance premium to help finance adequate gas storage. The British Ceramic Confederation represents some 90 highly gas intensive ceramics manufacturers. Confederation technical director, Andrew McDermott, told The Energyst gas security is their primary concern, with the closure of Rough, the UK’s largest gas storage site, weighing heavily on the collective mind. It leaves the UK far too exposed to supply disruption, said McDermott, and the Confederation wants government to re-assess both the physical and price risks to gas security. Andrew McDermott: UK lucky to get away with it when ‘Beast’ struck Though gas prices soared, McDermott suggests the UK was lucky to come through the cold snap in February and March without running out altogether. “The Beast from the East hit towards the end of the week and temperatures were rising. Had it been earlier in the week and more prolonged, even by a day or two, LNG in the system would have been depleted. And it wasn’t replenished until two weeks after the event,” he said. McDermott added that Confederation members see “a small increment on gas bills” to pay for new gas storage as a “better outcome” than being forced off the system or at the mercy of massive price spikes. But first, security needs to be investigated and properly costed. Lasting damage “The UK had inadequate storage to start with and now we are closing the lion’s share. That leaves us vulnerable,” said McDermott, explaining that it is not just the risk of short-term price spikes, but damage to equipment if the pipes are turned off. “If we get to a supply emergency, we are the first off the system to protect domestic consumers. But it’s not just the cost of lost production and orders, there is a risk of major physical damage from cooling the kilns too quickly if you receive the dreaded call with just a few hours notice,” he said. “So we, along with other major energy users, are pressing Beis to launch a fresh inquiry into gas supply security.”

@boxdgz

:-)

Whoever keeps buying these in the millions, keep it up. haha

What is gis handle on twitter??

Steve Jones has added to his position again today according to his tweets GLA

Looking ok today.....bit more volume with buys and we're off....will hopefully cross 0.50p and stay above this time

https://beondgroup.com/be-informed/price-risk-report-01-july-2018/ ............................................. Key points - Gas prices ended the month 3.0% lower at 2.01 p/kWh, with electricity prices 1.1% down at 5.70 p/kWh. However, gas storage remains below historic levels in Northwest Europe, highlighting ongoing supply risks heading into the colder winter months. Energy Price Outlook Bullish price drivers Ø Unexpected pipeline gas or nuclear outages, could both harm Britain’s ability to meet power demand during times of peak UK gas and power consumption. Ø Lower gas inventories across Northwest Europe mean demand from injections into storage facilities during summer months is forecast to be higher than during previous years. What to watch out for: There is a very real risk that crude oil and carbon prices will continue to rise, boosting European and UK energy prices. With UK and Continental European gas storage lower than normal, prices will be even more sensitive to unplanned pipeline and nuclear outages than in previous years. Recommendations: Current supply and demand risks are more unpredictable than in previous years. As a result, energy users may want to consider securing their contracts within the next month or two. While it is possible that prices could dip in August, any unscheduled supply disruptions could create significant price volatility before the October 2018 contract starts, potentially making energy more expensive. £1.3bn Swansea Bay tidal lagoon project thrown out by UK government Plans to build the world’s first tidal power lagoon at Swansea Bay have been thrown out by the UK government, after it was decided the project would not provide adequate value to British electricity consumers.

Hi guys - no problem at all! I'm expecting further imminent news here onwards and upwards :)

Yes...more excellent informative and well researched posts by our regular scribe,mcadder...looking forward to a breach again of the .05 barrier next week assuming that not too many of the "lucky" .024 placees need or want to jump ship ..if not the S.S. Infa will sail forth into slightly calmer waters !!!! Am a true LTH and can see this one achieving 1.5 before not too long !

Excellent research once again mcadder. Thank you

Good posting mcadder good to see a positive spin on things.I have no doubt that INFA will be a success provided the 'science' is proven.Have fallen last wk on my substantial investment in Summit (SUMM) because of a failed science project.Do not expect my current loss from SUMM (currently £31k) to be matched from a successful INFA project but to at least go some way to reducing my current loss position.Thanks for your continued posts.

https://www.energyvoice.com/oilandgas/175649/big-oil-pushes-gas-as-fossil-fuel-answer-to-global-warming/

A critical issue is the availability of suitable sites and planning/consent obstacles. Beside partially depleted onshore and offshore fields, not all of the bedded salt deposits in the UK (no diapiric salt occurs throughout) have appropriate conditions for gas cavern construction. Important are the depth, thickness, purity and structural integrity of the salt body. ................. Infa has none of these issues and is why imo it WILL be constructed as planned based on the idea and plans drawn up way back in 2006 when the need for storage in N.I was first identified. The fact that Costain, DEEP Kbb, CBRE, WSP, Evan Passaris and now John Wood and Andy Duncan are all on board speaks volumes for the project. It's clear other shareholders are of the view that this will succeed as we saw another TR1 on Tues in addition to my TR1 when I became a major shareholder here last Nov. Will we see more? Quite possibly and soon! Even without news the 0.50p level looks set to be smashed which is why I am of the opinion that with continued regular newsflow which seems nailed on that 1.5p is very possible by end of July/beginning of Aug. GLA Infa shareholders......

Gas storage in salt beds in the Larne area – commercial opportunity and strategic need ........... There has been considerable commercial interest in the gas storage potential of the salt beds around Larne. The Northern Ireland energy market is highly dependent on natural gas, all of which is imported via the Scotland - Northern Ireland Pipeline (SNIP) which makes landfall in Northern Ireland on Islandmagee. Security of supply is, therefore, a major concern and there is a strategic need as well as a commercial opportunity for gas storage facilities in Northern Ireland. The salt beds in the Larne area appear to be unique in Ireland and the juxtaposition of the pipeline and the largest gas-fired power station in Northern Ireland (Ballylumford on Islandmagee) with these salt beds represents a favourable situation. Simultaneously with this study, private sector companies have concentrated on the evaluation of the salt beds in Larne Lough (Infrastrata plc) and onshore southwest of Larne (Bord Gáis and Storengy). The Larne and Carrickfergus area of County Antrim is the only part of the whole island where thick salt beds occur.

I thought it worthwhile highlighting what has been achieved over the last 12 months

New bod took charge and had to "get up to speed" with the state of company

Over the year they have assembled an extremely experienced, capable team at board and consultancy level.

Renewed EU funding option

Signed contracts with the industry leaders in large infrastructure and gas storage projects

Started FEED enabling EU funding

Signed contract with Global investment company

Ongoing discussions with potential partners and/or tenants

At a mcap of sub 5mill the sp does not (imo) reflect all of the above yet............

Thanks to JW's intense involvement with Infrastrata we have the key ingredients required for a fantastic recipe - DEEP Kbb being a critical element to success from a construction point of view............... Our expertise - our key to success Our key competencies are storing energy deep underground and extracting brine and salt using solution mining. With DEEP.KBB, you can rely on extensive technical and scientific know-how, research and technological expertise, plus many years of experience. Our interdisciplinary team has a wealth of experience that we are also leveraging for the energy transition: Caverns can store compressed air and hydrogen, and geothermal energy can be used to generate emission-free power. DEEP.KBB is also actively involved in the research and development of new technologies and is the right place to go when it comes to project coordination or consulting services in all areas of underground storage. Our service portfolio covers all relevant engineering and geoscientific aspects such as geology, solution mining technology, drilling technology, completion and testing as well as storage integrity, gas and product filling, rock mechanics, thermodynamics, flooding and reservoir engineering. info@deep-kbb.de Bad Zwischenahn, Germany © 2018 DEEP.KBB GmbH