Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
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2.5 million share trade at 0.727p made through NEX at 16:35
Nor am I selling spud. Just something stuck in the craw, I suppose. Go well.
I'm aiming for 2p ( in under 6 months or so assuming positive news-flow) and that will give me around £100k give or take a few quid. I reckon there's 2p in this, in time. The CGT would prove onerous though such a payment would be some way down the line
Those warrants are definitely the fly in the ointment but there's nowt to be done...decent news should mitigate their impact going forward
I think someone on ADVF-HEN stated there were around 175m left to exercise. With really good news that should promote the demand for stock, a home should be found quite quickly for them. Someone's gotta buy them!
I agree with Setanta, warrant money should not be req for the FEED but will take us , very comfortably imo, to start of construction. We have had a continuous rise for about 2 weeks now and a pullback has to be expected . Anyone trading these swings good luck and well done. :)) I and a lot of other lths aren't selling at this level that is for sure
Thank you for our support and I don't want to moider the point but the £900k needed for FEED could have been raised easily, (and much sooner), in various non dilutive ways. The decision to raise the money via a giveaway placing was both strange and inexplicable,and it showed no regard for the shareholders at that time.
It is still a bargain EyeGuy.......for those entering at circa .7p but not such a bargain for those who bought at well over .72p a year and a half ago. And while one director saw it as a bargain the original requisition director didn't buy a single share although he declared his intention to do so in his interview of a few weeks ago.
And, Olderandwiser, INFA does not need the warrant money to match the Euro grant money. AP declared at the time of the placing that that money would be sufficient for "the completion of FEED."And when is a 8% sp fall in a single day "trading sideways?"
This share at it's current level was made for the placees,the traders, and those who bought in at the early post placing prices but there are quite a few of those who supported the requisitioners with their votes who have exited at a loss or who still remain at a loss. Yes it is all part and parcel of investing but it does not excuse a very strange placing as the means of funding FEED.
Setanta, I agree but I guess the most expedient way to raise funds quickly. Let’s hope it does not set a precedent going forward.
Warrant exercises were inevitable with this latest run. A lot more to go yet so in the absence of strong news about partners, funding IMSL etc the sp will trade sideways for a while. Infa needs the warrant money to match fund EU grant money. Let's get this phase over with, the sooner the better.
Warr
New director buys show what a bargain this is.
The raise at lower prices was unfortunate but the warrant cash is helpful and imo Much better than a placing say in 3-4 months as the uncertainty of it will hold the shares back. Imo buy the dips as this is a false price - I will be adding
INFA is secure. The only reason for the variarions in the share price is related to the amateurish manner in which the money for FEED was raised. It was a relatively trifling sum and to have raised it via a low riced placings with warrants attached was not at all smart. The gainer and baggers were those who were offered the placing shares. Good luck to them! The non gainers were the longer term holders who voted for AP and PW.
Without such a cackhanded proceeding the SP would undoubtedly be in the 2p region ,(with ease),today. Why the funding for FEED was done in that way certainyl raises questions.
INFA will, I think, succeed, but by the rocky road.
Higher highs , Higher lows....
80% of my energy shares have been marked down today but not a worry at all here
Was holding some cash back .. grabbed another 1m on the dip today
Thanks spud- I think the warrants have satisfied the demand from retail. Its a very bullish sign and We should all be happy as the funds from the warrants could well take us through until mid next year. I think we will see a big movement up very soon
It's all about the EU's push for member state's security of supply and inter-connectivity.
It's important to understand how connected (elec and gas transmission) the island of Ireland is today and this will continue. I-SEM comes into force in October which means Ireland becomes one transmission network rather than two. Gas will follow. The aim is to create a whole island of Ireland energy network. Storage is critical to that. LNG is simply another piece of the jigsaw to achieve security and inter-connectivity
Since we already possess PCI status this funding and access to other forms of funding will continue even after the UK leaves the EU (whatever that may mean).
The EU's aim is to create a completely connected energy network. Ireland, being on the edge, becomes a priority for PCI funding
I believe the EU doesn't even recognise the Ireland-Northern Ireland border in a physical sense. They see it merely as a political barrier
The EU's aim is to tie-in the island of Ireland and the UK into an all encompassing energy entity.
Security of supply will be crucial as the EU becomes ever reliant on Russian gas. Putin won't be around forever. God knows who could replace him. Think long term and how important storage will become
US LNG may become important but when Asian prices are high shippers will transfer supply over to Asia (India, China etc) away from Europe. It's not all plain sailing when supply becomes stretched and prices start to rise
As forecast by Eyeguy, more warrants, more cash in the bank
Both Shannon and Islandmagee are designated as projects of common interest (PCI) by the EU so compliment eachother imo
This was one of the questions I emailed on Saturday to Infrastrata’s PR company for the telephone conference call next month: “Is there any concern about the new LNG terminal in Shannon affecting the viability of Islandmagee going forward into construction?”.
This was one of the questions I emailed on Saturday to Infrastrata’s PR company for the telephone conference call next month: “Is there any concern about the new LNG terminal in Shannon affecting the viability of Islandmagee going forward into construction?”.
Some discussion now about Shannon on Advn.
Here is my reply to one post there.
'yes hopefully Box.
The issue (N.I. Gas in general) is certainly one that's grabbing headlines everywhere right now.
I'm sure the more attention brought to gas supply, the more big institutions are going to want a piece of it all.
Like INFA, this Shannon project has been lurking for many years (13) and is ready to be up and running by 2020.
It's all publicity and bringing Infa into the public eye, the salt cavern storage should compliment Shannon and bring diversity and security of supply?....Interesting times ahead'.
The £1 billion Shannon project acquired 4 days ago will take enormous amounts of LNG to Southern Ireland from USA and Middle east.
https://www.irishexaminer.com/breakingnews/business/1bn-shannon-gas-project-acquired-864419.html
This is generating so much interest in gas in Ireland.
I hope it doesn't detract interest in Infa too much.
HTTP://www.solutionmining.org/assets/docs/BelfastFall2018/List%20of%20Papers%20BELFAST%202018F_%2024%20%20JULY%20PRELIM%20post.pdf
This is packed with presentations about gas storage, oil storage and cavern storage -
I'm intrigued by this now. Why Belfast? Many US based companies presenting as well. Ireland LNG expansion?
WSP is another storage caverns constructor - a great find that link..
momentum building..join those proverbial dots