Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Bishop takes knight on e4, discovered x-ray check......yawn!
Five Trades, one for a whopping £1.54. Three posts, one having nothing whatsoever to do with INFA. Just about sums up the current lack of interest.
Saw them 2006 MK bowl. My fave track. Sad story behind it.
Not long until Oct
Most news is going to be in the forth quarter,
So in the words of GreenDay "Wake me up when September ends".
Still Keeping the Faith!
I still hold £30k at over a penny from 2 yrs ago. Nearly got to breakeven not long ago. This company seesaws like the tides. I frequently kick myself for not selling at slight loss when it praks. I don’t visit here much as had given up. Confused by all the promises and little fruition. Having been part of the takeover I have seen people at the top take profit and run. Probably best if I hibernate again and leave it as all very confusing as to what /when .
Well done Dawski
Thank you,Setanta ..as always --I didn't actually acquire 10m yesterday but dipped in after the fall to wet my appetite for these beauties going over the 6% .OK..lot's of imponderables to overcome still and some quite unexpected negatives lately despite Vitol .....BUT am assured that all issues inc Marine Licence ,E.U. monies and final unconditional Offtake + Equity/Debt arrangements WILL be secured probably by year end,and not just to keep in with Costain and pay them off as per the deal.I have been here ( like a few others) for 10 years or so and never felt better for this share despite the knocks yesterday !!
Dawski's extra 10Million,or so, shares had more affect on the SP today than JW's update. Well done Dawski, you're a believer!
The update just served to reiterate what was already known after yesterday's maladroit RNS. One can judge the level of investor interest and confidence in INFA and it's management by the paucity of contributing posters here. Just the usual few faithful posters plus a few passers by making arbitrary comments.
We need a new Chairman,( but we won't get one until the financial deal is agreed), and we need some positive good news rather than possibilities which then suffer time slippage.
I am confident that the INFA project will be a success but I wouldnt like to put a time scale on any SP enhancement.
Hail Dawski !
I think John came across quite well in previous interviews he has done with Proactive, there are things that could be clarified within Wednesday’s rns. When an rns is released it gives the company an opportunity to reach a wider audience to get their story out as well as reassuring existing shareholders. If John doesn’t do any of those interviews shareholders will be like mushrooms for possibly the next 5 months or so.
Re. Yellow Jersey, feck knows what they do!
no need for further interviews we know the strategy long term but until we have signed deals nothing to say. I am sure it is very expensive to employ Yellow Jersey for PR is this really necessary when we have no positive cashflow. Main focus needs to be Marine license and keeping shareholders informed of progress or issues. Sadly i think shares will continue to drift down below 0.5p until positive signed and sealed news is delivered.
YellowJersey
Has John any interviews lined up for today or Friday?
Intend to add a few today.
Dawski increase holding.
JW Trying to rescue yesterday's written diaster With another rns .
Only one thing the market wants jw . Positive news.
Forget threading water , it's damaging ask ritson the old lgo.
Dawski increase holding.
JW Trying to rescue yesterday's written diaster With another rns .
Only on thing the market wants jw . Positive news.
Forget threading water , it's damaging ask ritson the old lgo.
Brace yourselves, another update.
GLA
Evening Snowy,
You copied the following para earlier tonight:
Once the Placing completes, the Company will have achieved the milestone of raising sufficient funds for the FEED to match the European Union Connecting Europe grant, enabling up to €4,024,000 of grant funding to be accessed by the Company, of which €1,600,000 has been received in cash by the Company and is currently held in escrow pending release against verified FEED expenditure, with the balance to be paid in instalments after satisfactory completion of each FEED stage;'
That was well over a year ago....forgive me if I'm wrong, but isn't this the same 1.6M that we are still waiting for....and if it is ...how about the rest of the 4,024,000 we were promised?.........are we no longer getting that ?.....surely we have done all we were tasked to do to receive it all?
It can't be the same 1.6 as it clearly states in that RNS that the first 1.6M has been received, holding in Escrow? and it also states UP TO 4,024,000 could be received! Therefore the 1.6M outstanding is a different chunk of funding still outstanding. The EU commission has been on holiday for the past few weeks, therefore work will be slow especially related to releasing funds. I agree we should have received this money now and JW needs to be clearer as why we are being kept waiting? hopefully he is also on the case daily to see where these funds are?
You make some good points Snowy and I think we can sense your frustrations, I think we all feel the same as this year has been very disappointing, so far, and that is the key point. The second half of 2019 could and should be transformational for Infa, remember there is so much good news to come, and it should in time.
Agree wholeheartedly with you last comment,
Rule Britannia......sooner we're out, the better.
3 years on and we are still in!! the country voted to leave with a democratic vote under the UK voting rules as they stand, never mind we have to consider the remainers views, did they ever take on board the leaver's views once in over 40 years of membership, not once, never, therefore lets hope we are out by 1 November this year, no more bottling, no more provaricating, just out, end of! Then perhaps the politicians can sort out the rest of the mess the Country is currently in, and maybe get something, anything right!!!!
Oh but wait a minute, we won't be able to get any food the day after we leave lmfao!!!!
Mr T
T-R-A-N-S-F-O-R-M-A-T-I-O-N-A-L
Lol
are quite simply being a royal pain in the ass here! They obviously keep shifting the goalposts (FEED is long gone) as they have done all through the Brexit negotiations. I'm beginning to think that as things stand they have absolutely no intention of letting a red cent out of their hands to a UK company....end of story. They would rather cut their own bloody nose off to spite their face as the saying goes.
That's my measured, reserved and well balanced opinion.
Rule Britannia......sooner we're out, the better.
Great post Speedy !
'Infrastrata
The Infrastrata RNS this morning wins the competition for verbosity at least, just wait until Ben van Bilderbeek gets to know that someone is challenging his supremacy. Anyway boiled down the announcement says that the company is is equity and debt discussions for funding the construction and pre-construction of the project. Indeed they say that this is a ‘key priority’, no joke Batman…The company expects FID by the end of 2019, first injection of gas in 2022 and first commercial gas storage operations in 2023.'
Hi Snowman, i share all your frustrations unfortunately this is one of several bad investments i have made on AIM irs a learning game. JW comes across as being a decent bloke. But information given to shareholders has been very misleading. Very difficult to make any sort of investment decisions buy or sell regarding shareholding when we are being kept in the dark so much. I like you think Marine license will face many hurdles and problems and Brexit not helping. Locals are strongly against project and seem to have Councillors on there side. I suspect INFA have not allowed for changes to laws and protection zones since draft otherwise i think this would be lot easier. If these drag on for extended period project will be delayed substantially will offtakers and equity investors wait. Its a pity there is no other economic way of disposing of brine then protestors have little to complain about. I not selling anymore but unless we have more positive news or JW invests 6 figures with his own money then i will not be averaging down until Marine license all resolved.
New projects? From IG interview, a couple of deals are on the books; fsru and mainland gas storage (potential trading between 2 sites). Also mentioned revenue this year from IMEL management contract and managing other storage facilities on owner's behalf (been approached to do this). Now all underpinned by Vitol, time to push on. Hold n hope.
Also hoping we will hear soon about new projects and these will be benefit share price. A show of faith from JW buying more shares would be welcome if he is allowed to do so.