The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Patience will be rewarded imho
If only all decisions only took 3.5 months!
Tango1 In relation to your 15.01 post if my reading of the bill is correct then I doubt that there will be any significant change so we may find a possible three and a half months delay on transactions caught by the legislation.
stokey12- I understand your angle but hopefully when all is detailed it will not be that granular.
Tango1 In relation to your 10.49 post it is not so much a controlling in INFA that is the issue but in relation to FRSU and Islandmagee which are assets. As I understand it if an asset or an nterest in an asset is disposed then the notification requirements would be engaged. As an example if EDF was to indicate that they would be interested in buying a 25% stake in Islandmagee then the transaction would be caught because EDF is French.
stokey12- Why would you think INFA would get "CAUGHT" by it? I doubt if China or Russia would be thinking of buying a controlling stake in INFA...
I have seen this article https://www.lexology.com/library/detail.aspx?g=7b075530-1ce7-4210-9087-0f41979394eb&utm_source=Lexology+Daily+Newsfeed&utm_medium=HTML+email+-+Body+-+General+section&utm_campaign=Lexology+subscriber+daily+feed&utm_content=Lexology+Daily+Newsfeed+2020-11-16&utm_term= From a quick read of the article but not the relevant statutory material it would seem that INFA would be caught by this.
Status is reachableJohn Wood• 1stCEO at InfraStrata Plc. H&W (Belfast) Ltd3m • 3 minutes ago
'Fantastic teamwork, turning European Causeway round in short order, well done guys.'
https://www.linkedin.com/feed/update/urn:li:activity:6733826952697802752/
Tango,yes only about a week i think aswell
With the pressure mounting on DAERA from the media, Infa's legal team and most probably ministers I would presume there should be some movement shortly, If they have got their legal team to respond regarding the NIEA permits then I can't see any other reason for delay so it is either ML or 40 day disclosure to the public. I did find it rather encouraging that the only thing that was stalling was the applicability of the extraction and dispersal permits, and that should not take more than a week to get a decision. AIMHO
Capdevila. Clearly you are missing the big picture. The "festive season" will see INFA announce year end profits, ML award, Islandmagee FID and substantial contracts for H&W Belfast and Appledore.........Merry Christmas indeed!
Following the last presentation I asked during the evening when it was likely we would receive the Annual Report & Accounts & the reply from 'INFA' was expect January but maybe sometime in December.
Signed Annual Report & Accounts are a necessary document to accompany any bids & the most recent the better.When I was Financial Accountant at an 'Offshore Oil Company' (FWPD) a good while back the 'glossy's' always accompanied bids to the like of Shell, BP, Statoil & Total.In my opinion based of what was said about future contracts I am expecting bids to be going in in December & they will need up to date signed accounts to go with them.Just a thought. NB: I am also now showing 'Strong Buy'.
Capdevila11 In relation to your 18.20 post my strong buy is not based on that tweet but on reading the last Annual Report and Accounts, the Interim Results, three Research Notes from Cenkos, noting the level of work going through H&W Belfast and the presentation this week. Taking all information into account I take the view which you are at liberty yo disagree with that this is a strong buy. I am of the view that the retained deficit will be cleared by the Interim Results due April 21 or at the latest by the end of the current year in July 21.
Just seen this https://twitter.com/Harland_Wolff1/status/1327651306056585221
Very pleased to see Infrastrata are raising the bar in all areas with very good prime media coverage, Time for the political arena to start putting there money where their mouth is and getting these projects going, The UK is depending on it and need it. No more dithering!
Speedy ,thanks to link ,indeed what they waiting for !!,two yards ready to get going !!
For those who couldn't access the recent "subscriber only" link posted by Loosegoose.......
https://www.ft.com/content/65e38147-003a-4e2e-ac6d-1e072e1447be
Telegraph article restating what has been obvious for quite some time. The mind boggles how UK GOV and MOD function these days?? Let's hope this news provokes fresh action in the corridors of power. H&W Belfast and Appledore ready, able and willing to help!
https://www.msn.com/en-gb/money/other/royal-navys-aircraft-carriers-lack-purpose-because-there-arent-enough-jets-and-support-ships/ar-BB1aXQhK
Yes true Tango
If it does not shake them up, the ECT route will.
Speedy great find for us too read many thanks ,maybe that will shake them up a bit
I think there may be internal interest in DAERA hence the delays. Rest assured INFRA has the legal high ground.
wow .. thanks Speedy .. this definitely turns up the heat .. but for goodness sake, 7 months after consultation ended, regardless of the pandemic is just taking the ****
At last the company is on the front foot. Now threaten legal proceedings.
Well it should focus minds, and the economic benefit will be applicable. Be interesting if DAERA does respond. Wasting tax payers money nobody will be happy with that.