George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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I am presuming that the required RoR for Infa to accept an Offtake partner, will remain in the region of 15%, even though total capex estimates have inflated somewhat from the initial projection in the Jan 2018 presentation.
We obviously needed these costs confirmed to agree project level funding! Another piece slotted into place
to John Wood, the board and all partners on a job well done. On time and on budget. Onwards and upwards!
FEED commenced in May 2018 and has been completed in full as contracted, having been delivered on budget and ahead of time. In accordance with the EU grant provisions for the FEED study, the required reports will be submitted to the EU in December 2018.
etc...
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/INFA/13877387.html
You'll find that there are quite a number of us with 1-3%+ positions who have quietly and politely researched this company over the past few months, at least. Some are very LTHs, but each has a unique insight he/she brings to this bb to broadcast the story more widely.
Let's hope it remains polite and educational as the valuation begins to reflect fair value, which it doesn't today, assuming FID is a green light next year.
KAAPOWWW!
Not many posts, but a lot of us watching. You can hear a pin drop. Exciting times.
Only three posts this morning on a safe share .
Suppose they are kissing there money away on dead ducks
But investors are taking cover in droves.
Too many dodgy bod have been allowed to wreck aim
Not many dead certs but this is one imho.
Potential future need for cow fart gas storage...
https://bigthink.com/design-for-good/this-is-how-you-turn-cow-fart-gas-into-energy
Report just out on the potential role of Hydrogen in low carbon future
https://www.theccc.org.uk/2018/11/22/hydrogen-is-a-credible-option-for-the-future-the-uk-must-now-prepare-for-the-key-decisions-on-zero-carbon-energy/
https://medium.com/@cH2ange/h21-cooking-on-hydrogen-gas-fe9495a831d2
Good article mitch (imo)
https://www.spglobal.com/platts/en/market-insights/latest-news/electric-power/112018-cold-snap-driven-supply-pressure-sends-shockwaves-across-europe
ELECTRIC POWER 20 Nov 2018 | 15:27 UTC London
Cold snap-driven supply pressure sends shockwaves across Europe
Author Anuradha Ramanathan
Belgian hourly price surges to near Eur500/MWh
France halts exports to neighbors on supply deficit
London — As temperatures plummeted below seasonal averages, market jitters over supply re-emerged across Europe triggering a sharp price rally on the spot power markets on Tuesday.
In Belgium, the hourly power price for 7 pm Wednesday delivery soared to almost Eur500/MWh on the Epex Spot exchange auction Tuesday. The baseload and peakload day-ahead contracts settled sharply higher at Eur184.86/MWh and Eur254.45/MWh, respectively, Tuesday.
Similarly, French day-ahead power prices soared to a multi-year highs, settling at Eur115.13/MWh and Eur149.57/MWh, respectively on Tuesday, Epex Spot data showed. This meant that France widened its premium to the UK, which is typically the more expensive market.
"France is supportive as UK is exporting in all hours. France is heavily reliant on imports which is tricky given Belgian tightness and high load demand," a UK-based trader said.
Temperature-sensitive France halted all exports to neighboring countries and began importing power to help meet demand, also ramping up power production from its fuel oil-fired stations. Total domestic generation reached only 69 GW at around 1 pm UK time, while demand was pegged at over 77 GW, grid operator RTE data showed.
According to the grid operator, fuel oil-fired power production climbed to almost 1 GW, the highest since the late October snap, while exports fell to zero. UK maxed out exports via the 2 GW IFA bi-directional interconnector, UK TSO data showed.
I agree with your comments, dawski, reference the fundamentals. I still believe firmly in the project. I was just speculating upon the possible reasons for the fall in the sp. I think the sp has been played with over the past couple of months and were it not so we would be looking at an sp which would be at least double what it is now. Go well.
https://www.montelnews.com/de/story/eu-ruling-on-uk-capacity-market-puts-gbp-43bn-at-risk/955213
EU ruling on UK capacity market puts GBP 4.3bn “at risk”
Oslo
20 Nov 2018
10:07 CET
(Montel) An EU court ruling annulling a prior approval of the UK’s capacity mechanism puts at risk GBP 4.3bn of contracts with electricity generators over the next four years, credit rating agency Moody's has said.
“Because payments under the scheme will stop immediately, revenues earned in October 2018 will not be paid in December as anticipated and no further revenues will be recognised,” Moody’s said late on Monday.
According to the government, a capacity market was needed to guarantee UK security of supply given the closure of old plants and the failure of the power market to spur generators to build new plants and for consumers to cut their demand.
Fundamentals have not changed --Indeed the Beast From The East is paying us a fleeting visit --he will return probably after Christmas to see how we all are ...and then we will all have received the expected news ! The Government will remain distracted and the MM's will need to be ready !
in the sp came about in the afternoon session. It was done on the back of eight sell trades for a total of 2 million shares. During the session there were an equal number of buy trades for an equal number of shares. During the last fifteen minutes the MMs shut shop for any further buys. To me it smacks of manipulation. Unless tomorrow brings startling good news for which the MMs were preparing themselves!
MM's pulling the price back because people choose to sell. Simple. No manipulation or conspiracy theories it's the usual story - some see a couple of sells go through and follow like sheep unwilling to look at the bigger picture while busy rainbow chasing. The interview with JW a few days ago was very insightful and if he is saying "any day now we're hoping to get some positive news on the equity side" then it means exactly that. Tomorrow? Thurs? Fri? Next Mon? Next Tues? Next Weds? Place your bets and get ready to pay a handsome price to buy back the shares for those that weren't prepared to hold for the big gains.
spud.You can sell though but only at a piss poor price.
spud.You can sell though but only at a piss poor price.
Can't buy any through HL atm
Great news, brilliant BOD who are well aligned with the shareholders but two days without news and the MMs pull the sp back. For whose benefit?
Salt caverns are used to store Hydrogen and used for CCS (carbon capture storage) So lots of future potential here imo I did post links about this a few weeks ago. If I get time I'll dig them out
Haha the new shares are almost non existent if people are selling because of that it's more funny than anything else
No!
More like mm's picking up some cheap stock before our next move northwards, probably finish flat.
Mr T