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Very solid point chukkers, we are quite under the radar at the moment : )!
true but if you want punters money here, then you need to spread the word
and its best for volatility to keep the conversation going
less than 10mil market cap is truly ridiculous here
we are talking about a project that is of strategic importance to the entire European continent
as if that was not enough we are also in talks with a blue chip company
"The parties have been in discussions for several months and have now agreed a commercial structure for the utilisation of the storage capacity at InfraStrata's planned Islandmagee gas storage facility as it becomes available."
so we got more news to expect now regarding this loi
FEED completion by 20dec- which is a massive milestone for the company
the market cap simply makes no sense taking into account the progress that has been made and the recent news
You are singing from the same hymn sheet as I am,Mr Triumph, except that you don't seem to share my conviction that the reason for the poor SP performance is manipulation. It is being carried out by a very few investors here with MM assistance.
We have plenty of excellent rampers here but what they ramp is the future possibilities of the project rather than where the SP ought to be after a plethora of good news. I have no doubt about the value of the project and I am highly impressed with the work being done by our current BOD and the manner inwhich JW has put his own money into INFA. It all makes the SP shennanigans even more disappointing.
I am in agreement with Dawski and I don't think we will be disappointed, but I don't think any amount of speculation about who the blue chip potential offtaker is is going to nourish the SP in any way. And I am here for the SP. I'm an investor. If all those who had said thy were about to buy in at various points had done so the manipulators best efforts would have been defeated. So it should be buy, buy, buy, not talk ,talk,talk. That will help to keep the faith as Dawski put it. He certainly followed that dictum.
Good One ,Mr T......The BOD in recent weeks have considered that a price at this level was fair value and acted accordingly..Now with yesterday's snippet anything under .60p must be a bargain ....earlier this week anything under .50p was stated as such -there are lots of day traders out there very interested in this beauty mainly because of the low price which means that they do not have to risk that much capital for a punt either way from day to day --The MM's are aware !!
Unbelievably poor performance in the sp today, I know under usual circumstances after a rise during the week then Friday's tend to be profit taking day's. However the rise here was a one day event following a continual drop over recent weeks. I cannot believe this project is valued at a measley 6 mill!!! is that right?
Normal circumstances on aim would suggest we would have had a bigger rise yesterday with the news release, at least 30 - 50% then maybe a small pullback today!. However we have not in my opinion had any value added here for months following mostly positive updates. Goodness only knows where we would be if we had in face received the dreaded "delay" included within any RNS' recently. I do take the view that small rises are in fact preferential to large spikes and then inevitable fall backs as I said last night but I did expect us to push on today with more of the same.
Maybe we need some rampers aboard here to consistently post ramping posts day after day to move this forward.
Heres a ramp for you, currently the valuation here is £6M yes I know £6M, considering a few months back we were heading for the 80's then I now believe we should be north of 1p minimum if not more. Then we would only have a m/cap of £10M yes £10M goodness me!!
The directors stated back in April how undervalued they believed we were, we have barely moved since then? consider that with all the positive newsflow!!
Come on rampers let's get to work and drive this forward lol desparate time call for desprate measures!!!
Mr T
Keep the faith.....the voyage has only just begun ....if you stay on board you will not be disappointed ..OK
The manipulators! Very hesitant buyers making life easy for them! We've just had an incredibly good piece of news which should have brought about an increase of at 50% plus in the SP and already it is being manipulated downward after a mere 14% increase yesterday. Potential buyers hold off as they consider the price shenanigans of the past month or so.
Nice posts, Snowman. It's coming into your time of the year to shine soon!
nothing is ever guaranteed
its there for legal reasons
a year ago news on rto would have send companies up few hundred percent now we are getting 50 percent
it may be just a loi but its still big news as its a blue chip company not just any other company out there
this is company transforming news and shows where we are heading here imo
continued....
https://www.vitol.com/what-we-do/trading/natural-gas/
‘We have been trading natural gas for over 15 years. Global contracted sales in 2017 were 791TWh. Our gas teams operate across continents – Europe, Asia and the Americas – in both pipeline product and LNG.
We work with producers, importers, wholesalers, distributors and industrial users, and supply gas both as a pipeline product and in liquefied form, under a variety of fixed and floating gas hub indexations, oil indexed formulae and other related commodity pricing structures.
We are happy to commit to long-term supply and sales contracts, plus we can respond swiftly and innovatively whenever our customers need us to. Our natural gas business is part of an integrated cross-commodity solution that makes us an ideal partner for both producers and end users.’
Vitol turnover circa 14 Billion US$
Gut feeling says (as I said in previous couple of posts posts) that we already have our funding and offtake sorted. Great feeling about coming week(s). ''what did they say about negotiations....in advanced stage!''
GLA’
This is all in safe hands now........(my bet obviously is VITOL but all Blue Chips are safe hands and calculated in the multi-billions.
Re Tidds post….
‘Let’s take a stab who this party is, id assume Vitol.
The fact we are so close to FEED conclusion with a likely increase on many fronts including 40 year project life and projected NPV/IRR is a tell.
Bluechip offtake discussions moving forward and a submission to request approval for grant funding 6x the mcap. A board lumping in £350k on market of their own money and a capitalisation of just £5m?
You can’t get anymore obvious for a standout buy in terms of risk/reward in my view. This moves very quick as seen today and those short sighted who can’t clearly see the potential returns from a project of this size are likely to miss out.
At £5m there is a hell of a lot of upside.’
I agree….here’s my post from Sunday
‘Arun has already secured a huge deal with Vitol, therefore he has the most excellent contacts with that very company and they obviously place as great a trust in him as we do!.........They will be very keen to deal again with Arun.....a lot of background relationship work therefore has already been done (on Aruns previous negotiations on the other contract)....sometimes, this can be one of the most difficult hurdles!.....We are streets ahead here!!
Soon....very soon! .........GLA!!’
And probably worth posting these again…
‘http://www.vitol.com/wp-content/uploads/2016/09/Vitol-brochure_2016-1.pdf
'When appropriate, our traders work alongside our finance and E&P teams to develop commercial structures which allow us to finance producers’ operations in return for offtake.'
So is it possible that Vitol could Finance AND offtake islandmagee?’
‘Further to Spud's great post...especially the bit about VSA chairman saying...'But it requires quite complicated funding which wont come from normal institutions and that is the whole key and all you need to watch' .
I like the end bit.......'and that is the whole key and all you need to watch' !!!
Infa RNS July 26th
.........'Arun Raman has spent the past 20 years within the commodities and infrastructure sector. While at Star Energy Group plc (now known as Petronas Energy Trading Ltd.), Arun was responsible for commercialising its 10BCF Humbly Grove Underground Gas Storage Project, including the negotiation and commercial delivery of the Gas Storage Agreement with Vitol SA as the capacity offtake client. '
Surely it must be Vitol SA that is lined up for Infa's offtake?
GLA’
‘I don't think Arun Ramon was brought in for nothing !!!’
‘Some very interesting snippets from Vitol website.
Vitol Website excerpt
https://www.vitol.com/what-we-do/terminals-storage/
‘……
Vitol invests in a number of ventures providing terminal and storage facilities globally. In total we have circa 18 million cubic meters of storage capacity in terminals across seven continents…..’
Vitol Website excerpt
https://www.vitol.com/what-we-do/trading/natural-gas/
post 2 to follow...
All part of the jigsaw We have a blue chip interested in giving us money for the facility. Makes us a serious player when talking to equity partners
Hasn't been guaranteed yet, no? But, still a good hint.
Proves to me the money just ain't there any more , in the old days that news would have sent this rocketing .
Previous director buys and blue chip news ,the moneyjust not there .
I am all for long and sustained rise. Absolutely agree there needs to be more frequent and sustained publicity.
Yeah ya don't have to tell us again how crazy this is =D
All these infrastructure deals really get going when financing is secured. Yesterday's RNS was a mere staging post along the way to that. Still time to accumulate.
Wow...it says a lot about the state of the markets when such a positive RNS leads to only a 14% gain at this point. I'm now in with an initial holding... Never thought I would get the chance
Goose,
I appreciate what you say, I do however believe we will see a sustained rise here which in my opinion is far better than sudden spikes and then drops. I would like to see more press coverage of the project over the coming weeks, small article in today's Mail is good for starters but more is required.
Mr T
Hi Loosegoose - I agree with you its just a matter of time as we get greater exposure hopefully a further break through today unless held back by day traders again.Its a no brainer as a STRONG BUY.
A 17% rise is not a good response to such good news. FEED due to be complete, possible Eu funding, LOI signed by blue chip partner. All this and we see a market cap of 6.5m. Something does not match with NPV projections even when one considers only a 20 year project lifespan. IMO the rise should be 170%, not 17%. Maybe we will know more at the December meeting - am thinking of flying in for that one.
Absolutely superb news today, the mention of "blue chip" should excite the market and finally get this juggernaut moving. Its been a particular disappointing time for INFA recently with the sp falling despite good news and director support. I hope the sp now starts to show some movement higher at least back to the .70's and possibly the 80's before the next raft of news.
Good lick to ALT holders, I'm sure we will all be rewarded in time.
Mr T
CITY & FINANCE
■ GAS storage company Infrastrata edged up as it revealed a major company wanted to use its facilities.
Its Islandmagee gas storage project in Northern Ireland keeps already extracted gas in salt caves.
Having storage in the UK should help even out gas prices when sudden cold snaps cause demand to spike.
Though no formal agreement has been reached with the unnamed blue-chip trader, Infrastrata’s shares climbed 17.5pc, or 0.09p, to 0.60p.
The Islandmagee facility is unique in being the only gas storage project in North West Europe to be awarded ‘Project of Common Interest’ (PCI) status by the European Union (EU)
i wonder what the response for the 40mil grant will be?
looking very good here indeed :)
looks like these talks have been going on for months
big news imo as its a blue chip company
and a major showing interest in a 5mcap company shows the potential here imo
i dont think the sp has responded well to be fair as the sp was higher before this LOI
and the bod clearly sees value at current levels as well