Firering Strategic Minerals: From explorer to producer. Watch the video here.
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Just a heads up. I have a stalker on twitter that has set up an account @sir_eyeguy.
That isn’t me and he seems to be mocking infa now with his latest tweet. Not sure what his problem is.
Merry Christmas to all
He is trying to pi## you off that’s why so ignore the fool!
Yep- not taking the bait. Ignored.
Atb
Yeah just ignore him, he'll get bored when he doesn't get a reaction :}
JW is indeed being very shrewd here - the recent developments imo will be helping us shareholders to retain the biggest possible percentage share of the project from stakeholders -
The completion of FEED and additional concept studies
Letter of intent from an offtaker
Application for £40M EU grant
Confirmation that 6 parties interested in offtake agreements
Application for additional 15 caverns
and now the recent land purchase.
Add to this over £11.5M spent on the project to date along with the extra value the existing EU grants, PCI status and UKGS - JW will be in a good bargaining position.
Therefore I expect any funding announcement to be very favourable indeed!
Funding announced tomorrow? What are the chances he will miss a deadline?
From 5th December "Completing this final milestone allows the team to concentrate on completing the negotiations that are underway with three potential equity providers that have provided the Company with term sheets for equity funding (at Project or subsidiary level). The term sheets are not binding and at this stage it is not guaranteed that InfraStrata will enter into a binding equity agreement. However, discussions are detailed and advanced and InfraStrata is still on track to provide a full update in Q4 2018 as previously stated." I prefer the term "hitting targets" as opposed to "hitting deadlines" lol.
Also from 5th December
John Wood, Chief Executive Officer, commented: "It is testament to the team that we are building at InfraStrata that we have managed to deliver these milestones in a timely manner. As we progress through to the end of 2018, we are working hard to close out the equity funding for the Project. We are working through the process methodically to ensure we create maximum shareholder value. We are working to ensure we hit the ground running in 2019 with many work streams in progress"
As a shareholder this sentence is key!!
"We are working through this process methodically to ensure we create maximum shareholder value "