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Great RNS out today.Onwards & upwards.
Thanks mate. Good luck to you too.and thanks for the good posts.
It all counts, steello. Good luck.
Well done mate. Expect a trade of 117113 shares showing up. That’s all the money I can find. I’m not quite in your league !
I figure that if the MMS or whoever, want to play games with Infa below 0.6p, then I'm game to take them on. As is JW.
Yep. Buyer on weakness.
It’s showing on Nex
Your purchase OW?
Don't be surprised if you see a delayed print buy of 3.5mn shares today.
Naz, I suggest you look at islandmageestorage.com. I’m sure it will address your safety concerns.
What in the hell did I even just read =D = D =D
Nazareme - your spelling is atrocious so go back to school...or have you ever been?
Sorry wrong link lol
Good man.....me likes the sound of that!
Spud, that is calling for public views by Oct 2017.
CMA 15th December 2017 states ......
(https://assets.publishing.service.gov.uk/media/5a0c1010ed915d0ade60db73/rough-gas-storage-undertakings-review-provisional-decision-15.11.17.pdf )
'The CMA has provisionally concluded that the age and degradation of the wells and other facilities at Rough (including likely future degradation) mean that Rough is no longer capable of safe injection operations without a substantial refurbishment which is not economically viable, and that this constitutes a change of circumstance which means the undertakings are no longer appropriate and the relevant parties can be released from the undertakings.'
GLA
It could be more than doubled, snowman100.
Remember, the npv calculation will incorporate a large up-front capex outgoing, to build it, and a series of annual cash flow and opex payments, all at an assumed discount rate. That initial capex brings down the npv heavily, in relation to the total build cost.
After 20 years, the opex payments will be supplemented by extended maintainence and refurbishment outgoings, which will be minimal, whilst the cash flow income receipts might reasonably be expected to increase in line with inflation trends, or even higher, if there is a secular rising demand for natural gas in the UK and Ireland.
Putting all these various strands together for an extended life of IslandMagee might end up in more than doubled npv.
https://assets.publishing.service.gov.uk/media/59e7211640f0b61ab035cb57/rough-gas-decision-to-launch-review.pdf
Link to article
I would hope that is the case O & W. I can't think of anything in the laws of mathematics that suggests otherwise.
We have lots of positive news coming very soon, that's certain.....we will steadily climb....then when
the spectacular off-take announcement comes and the funding confirmation..........................................we fly!
I was "Roughly" correct then ;-)
Absolutely, snowman100. But my point was, even at 20 years, the gap between MC and npv is multifold. I wonder if it is a simple case that at 40 years' life, the npv doubles again?
And another cracker of a post Mcadder! From the last update rns, a reminder of what the team are planning "The engineering design that has been completed is intended to position InfraStrata's proposed Islandmagee facility as a globally competitive and technologically advanced, fast-cycle, pioneering gas storage facility. Costain, DEEP, Atkins and WSP have all worked together seamlessly to ensure the best possible outcome for InfraStrata."
Great post Snowman!
Don't we also know the life of project is 40yrs not 20!
Please someone correct if this is wrong.
GLA......Solid Gold!
https://www.newcivilengineer.com/latest/costain-targets-new-type-of-engineer-for-the-digital-age/10034475.article?blocktitle=News-Feed&contentID=13612 “We fully expect there to be a much broader range of [energy] generation going forward and we are aligning ourselves to do that. We’ve just been awarded a contract for a gas storage facility in Northern Ireland to deal with the energy capacity issue.” https://www.investegate.co.uk/costain-group-plc--cost-/rns/half-year-report/201808220700044914Y/ "We have continued to secure new contracts This includes the appointment by Infrastrata PLC for the FEED design on their Islandmagee gas storage facility in Northern Ireland" Just a reminder and of note to any relative newbies. Costain have mentioned islandmagee at least twice!
Here here,young man ...well said .Aim is a casino for short term day traders ..stay firmly in your cabins on this 3 year voyage ....do pop out on deck however when you hear the Captain calling of something on the horizon !!