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I do hope you’ve been good speedy .. I will be putting the sherry and mince pie out for Santa
Nice consolidation today
I do know there was an EU meeting about 2019 gas pci this week. I saw a 3rd party tweet about it last week (can't find it)
Could it be that Infa is planning to get its hands on more EU grant money to help build the extra 15 caverns at IM?
Well said Mcadder ...you should know !!
His contribution with experience of EU contracts and legislation was invaluable - MB is leaving the bod knowing that all his hard work is now bearing fruit and as the RNS mentions there will be a smooth handover to other consultants to finish off loose ends. It's a timely reminder though that family and health come first and we all wish you well for the future Matthew.
I belive the success of the 4m EU funding was largely attributed to MB. Best wishes for the future Matthew.
Well said Spud, I second that.
I don't know if he reads this bb, but would like to thank Matt for his work helping resurrect infa.
All the best in everything sir
Yep - nice to see Infrastrata getting some coverage in the Daily mail - imagine the coverage we'll get when the funding for the project lands
https://t.co/C2sK9qxr2u?amp=1
Nice press article, should give a little boost
CITY & FINANCE
¦ GAS storage business Infrastrata was on the rise as it applied for permission to develop more underground caves in Northern Ireland.
This would allow it to develop an extra 15 storage caves, on top of the eight planned.
Founded in 2007, Infrastrata believes its gas caves will be popular with energy firms, since they should help to even out gas prices when events such as cold snaps cause a spike in demand.
Shares climbed by 6.4pc, or 0.06p, to 0.92p.
Cheers spud
Yes we had a site visit earlier this year. It was good to see the close proximity of everything and get a feel for the project. We also met Judith Tweed the islandmagee energy director and local resident
I’ll be in NI next month. May take a look
I believe,Spud and Mcadder have EyeGuy.
Just clearing some warrants today I reckon.
Quick q. Has anyone been out to the site ? Go to NI quite a lot so may swing round and have a look around.
A 1.5 delayed come in by the time and price a buy although down as sell
Any sell is being swallowed up
The money is coming thick and fast now another mill just hit
Well said mcadder.
And what will give this story and infa's involvement more credence, is the leading role taken by JW at the helm. He is an industry heavyweight, much respected in project management and execution. Not your typical AIM minnow CEO.
Funding update imminent imo could land anytime this week. This morning's RNS really confirms just how serious the bod are with their vision for Infa to become a Rough size responsive MRS facility that will be an example of excellence to other gas storage operator's not just in the UK but across Europe. I'm not at all surprised to see people all over this including Malcy again and not at all surprised with the steady overdue re-rate of the SP. If the funding news is on favourable terms for shareholders I expect this to head to 3-4p alone. I'm pretty confident the offtakers will be quick to reveal themselves once the equity funding is announced.
Nice one million just gone through.
The company has applied for planning for further mineral rights at its licence at Islandmagee. Success here, in an adjacent plot would facilitate a larger, 15 cavern additional development and would certainly bulk up the project. INFA is definitely one to watch in 2019.
Can see this going from strength to strength even in tough economic times due to strategic importance to Ireland, N.Ireland, UK and EU. I am holding Looooooong term as I can see this becoming a beautiful little company. Pre requisition days when Danawinner was on here talking it up seem like such a long time ago now. It's been a tough hold. Different company now. Completely turned around. Loving it. Will attempt to trade around core and build my stake. Right, I'm off to sing a sea shanty...