The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Imo it is very bullish that the sp keeps marching on despite the warrants. I think a lot of shares sold are the warrants and this is servicing the demand and its still going up. And that is very bullish
Hi whatamess, the rns of 24th August number 7409Y gives the dial-in telephone numbers for the conference call, which is: UK toll-free 0808 109 0700. Email questions to infrastrata@yellowjerseypr.com by 1700 hours Wednesday 5th September 2018.
I have submitted two questions to the email address yesterday bye the way.
Regards.
Anyone able to explain what releasing these stock warrants at .48p next week is likely do to share price if anything ?
Cheers fella. I thought i'd spotted another 'pointer' then.
http://www.infrastrata.co.uk/index.php?option=com_content&task=view&id=220&Itemid=50
website out of date as infrastrata owns 100% of IMSL now
I believe project level finance will be a partner (s) buying a share of IMSL, therefore non-dilutive to infa shareholders.
Judith is an islandmagee resident and has been involved with the project for around 12 years. She will have hosted every site visit there has been.
She was our host when we visited the site earlier this year. I cannot stress what a valuable asset she is to infrastrata and the local residents
Adrian Pocock is an ex director of IMSL. I find it all a bit confusing, I know IMSL are a sperately registered company but surely they are all part of Infrastrata now, as Infrastrata now own100% of IMSL .
Do Infrastrata own any other companies?...If not, then surely Infrastrata IS IMSL?.........Weird.
The funding to local projects was a masterstroke....locals will be right behind the project and it should also get us some brilliant press releases once money starts to reach the local organisations/groups.
Still, whoever we are, I'm sure you are correct Schlemiel....funding must be in the bag! .......and that surely calls for Peronis all around (I owe Dinerios a large Peroni already).
She was at the project site last week. She's the CEO of IMSL but also the Community Liaison Consultant for a Community Trust.
'A commitment has also been given by IMSL to set up a Community Trust. Upon receipt of full funding of the project (i.e. the final investment decision) the company has given a unilateral undertaking to invest £1.3 million in local community projects over a 9 year period.'
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I wonder? Does Tweed's attendance last week infer that project funding's 'in the bag' so to speak?
Just reading between the lines in the absence of concrete information
Snowman - Haaa, nice to see someone with a sense of humour/ taking the ****. Haa. Have a good bank holiday. Peroni time!
https://www.gov.uk/guidance/uk-guarantees-scheme#how-the-scheme-works
"The IPA will also consider whether:
a project is financially credible
a project is ready to start construction
the project represents value for money"
As infa is prequalified for UK gov guarantee scheme I think we can assume the IPA has already considered the above points
3 bags of quavers and a caramel magnum hahaha =D =D =D
For everyone’s info:
I have just submitted two questions for the board of Infrastrata for the telephone conference call for investors and analysts to take place on Thursday 6th September 2018 at 1730 hours UK time, anyone interested can email questions to infrastrata@yellowjerseypr.com.
Regards
I agree. People also need to understand that this project is predicted to have revenues in excess on £1.2 billion with funding envisaged to be at project level with equity probably from a major investor or consortium. It will provide all of Irelands gas storage and 25% of the uk gas storage and still had an mcap of 3 bags of quavers and a caramel magnum.
People need to understand that THIS IS NOT A NEW PROJECT. Now there is the political will and backing from all official agencies (UKG, EU and IRE-GOV and NIRE-GOV)...all systems go
The gas project itself has been in an 'active' state since god knows when (2010?) so you would think the company has in its possession a mass of information regarding its design, commercial viability and its purpose. The only thing missing is talented, focused management and funding. All else is in place. The original development plans are probably in storage somewhere waiting to be resurrected!!
People need to understand that IS NOT A NEW PROJECT.
RNS from 6 August 2018
Aunty- it’s probably quicker to just type the runs number: RNS 8529W. Released 6th August 2018.
Regards.
Aunty- you will find the FEED milestones if you type in your search engine: www.investegate.co.uk/infrastrata-plc-infa-rns/islandmagee-gas-storage-project-update.
I found it quite easily by just putting in Infrastrata feed milestones. I have read this a few weeks ago.
Good luck.
Does anyone have the link to the project target dates? I remember seeing it recently but can't find the link
Nice numbers. I am just waiting 6 days until the next FEED deadline is due - All Process & Instrumentation Diagrams to be completed by end August. Each small “tollgate” passed brings us closer to the final prize. One missed “tollgate” will undermine much needed confidence. Focus on the small things will lead to the big things coming through.
Other gas initiatives
The Department continues to support initiatives to provide gas storage in Northern Ireland and there are current proposals to develop an underground storage facility below Larne Lough in East Antrim.
The Department is also working closely with the Utility Regulator and the natural gas industry on gas market arrangements, ensuring that EU and UK energy policy and legislative requirements are delivered in Northern Ireland. Gas market activities also include promoting greater retail competition where this is possible, and to provide further extension of the gas network where it is economically viable.
There is also significant liaison with the Department for Business, Energy and Industrial Strategy in London and the Department of Communications, Climate Action and Environment in Dublin in relation to a range of gas market issues, including security of supply.
https://www.economy-ni.gov.uk/topics/energy/gas#toc-0
https://www.independent.ie/business/irish/long-delayed-500m-gas-terminal-on-shannon-estuary-back-on-after-deal-struck-37248932.html
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'Planned liquefied natural gas (LNG) projects in Ireland can create fossil lock-in for Green Island
The Shannon LNG Terminal is proposed to have a final maximum capacity of at least 10 billion cubic meters (bcm) per year. This would equal the current proposed annual flow capacity of European Union’s most ambitious gas project, the Southern Gas Corridor, and supply Ireland’s fossil gas needs twice over.
The Cork LNG Terminal is proposed to have an annual import capacity of up to approximately 4 bcm of gas.
Both terminals would import fracked hydrocarbons from the United States and could be used for passthrough to the EU – instead of simply fulfilling domestic energy demands.
We can say for sure that the Shannon LNG terminal is part of a cluster of gas projects of the so-called European Projects of Common Interest, that could be subsidized with public money. At the moment, Ireland can only receive gas from the UK via the Moffat interconnector point in Scotland, but it cannot send gas to the UK.
The Shannon LNG terminal (or, alternatively, the Cork LNG terminal) would be used as an entry point for fracked US hydrocarbons with the capacity of creating a fossil lock-in for the next 30 – 50 years. Together with the planned reverse flow project at Moffat, the upgrade of the SNIP (Scotland to Northern Ireland pipeline) to accommodate physical reverse flow between Ballylumford and Twynholm and the Islandmagee Underground Gas Storage (UGS) facility at Larne (Northern Ireland), it is part of a big cluster of gas projects that would allow bidirectional flows from Northern Ireland to Great Britain and Ireland, and also from Ireland to United Kingdom'
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The EU is driving this all island of Ireland gas plan (island) - importation of US LNG and interconnectivity (bi-directional flow of the SNIP) between Ireland the UK mainland = security of supply, reducing Russian gas dependency...
stand back and you can see the plan slowly taking shape. Shannon will also attract matched funding from the State (taxpayer) financed bodies...this is where I believe INFA will get much of its funding - the use of public capital to lever private capital into the project
Hi eyeguy - You maybe right, the SP may indeed hit 1p and continue to rise. Im not too fussed either way actually. If i have missed the boat, thats my bad luck, if the SP does what I think it may do then I will buy back in. INFA has great potential thats for sure. Did you pull out of BZM completely or you still got some in?
I think that the SP will, more likely with almost absolute certainty, hit £4.86p this coming Tuesday at 11.43 a.m. then alarmingly catapult back to 0.0037p momentarily until the market makers realise that someone has fiddled with their algorythm (please don’t try this in a public place!).
Then they will immediately overcorrect, so that the share price spikes higher than Unilever’s.
When they realise their sacond error, they will, in an orderly fashion, not to alarm the market, slowly drop the share price back to a figure they think may be appropriate, I think probably (and here, I must admit….. I’m guessing a bit) it will settle at about 81.33p, until they are all back from the pub and boost it to it’s rightful place at this stage of the game, which is 94p.
Now I’m back to absolute certainty….from there it will, for sure, steadily multibag to between 56x and 59x present value (I’m unable to be more accurate than that until I've taken my tablets) and I’m sure we are going to do very nicely indeed. In short we’re on a winner with this one!
Sorry Dinerios……I actually liked your original post…..I’m just having a senior moment….couldn’t resist it!......Go well my friend.
Seriously, will fly on news stream………..GLA!
INFA is a recovery play coming back from a deeply distressed state (almost bankruptcy) and it will take time to rebuild investor and market confidence
But, the market is slowly but surely adjusting the valuation of INFA in response to a growing confidence that the project may this time become a reality. Pocock's sterling efforts in dragging the company back from the brink, Wood's elevation to CEO, recent board appointments and what they infer and official backing from the EU and other bodies all contribute to that market confidence building process
There's so much more to come here as INFA takes those baby steps back to recovery and eventual project realisation
Of course the company must now deliver on all fronts. Currently the management is delivering and the market approves of their efforts.
The news-flow in the months ahead will maintain interest in the stock and INFA and Wood especially have suddenly become far more visible to the investor. JW is pivotal here. He's trustworthy. He's prepared to stand up and be counted. I like that
Let's hope they don't falter
GLA
Wash see ? Whatever that means lol.
Fat thumbs.