Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Jw has got h&w up and running ,
With the storage he is past the point of no return ,
He has three months to prove it up .
There is no more tomorrow ,
What bothers me is what he knows that we don't ,
We have two companies in one , we don't want to go back to one ,h&w.
After all the let down this year I have the right to question his motives.
No eu money ,no ml
i just read your post. The maintenance costs of H&W have been paid by INFA as follows:
November 2019 : £500k plus vat
December ( to 7 Jan ) : £600k plus vat
Also to note that the final payment for H&W ,( £1.49M) is due by end April 2020.
Finally gone better but no trade to show for the move just before 4pm
Maybe later a delayed trade
Tango. yep, fully aware but Hydrogen storage let alone economical manufacture is not gonna be anytime soon, eh?
Nevertheless, my very recently burnt fingers have managed a small top up just now........for the H&W side of the biz!
GLA
Narrow spread now. I topped up with another 3.226m this morning early.
Mr. T . I particularly resonate with your logic and rationale. And the balance given by Set which keeps La La Land at bay.
But sensible optimism within realistic business limits is nevertheless important.
Let us stay real.
Speedy- Don't forget the cavens can be used for hydrogen (Zero Carbon)!
Last buy was paying full 0.30p, before was 0.298p
most likely ready for another move up as volume buying is growing
Agreed Freelark, but it's fossil fuel infrastructure!
The Initial Traction is getting on once again with 4 X 1M buys
changed political landscape. Better to keep options open, and catch the rising tide of UK government's investment in infrastructure. The conservatives are pro business. IMO
Eagerly looking forward to Dawskis reappearance on this board...........
Agreed Goup, I think H & W will certainly see us move quickly once the contracts start arriving. I saw it suggested, can’t remember where, that the initial monthly costs at H & W are circa £300K, therefore contracts and income will be imperative in the near term. The financing of £2M is a good sign; let’s hope the terms of this advance are favourable. I cannot see the II’s investing if they were not given full details of future earnings and cash flow reports, therefore as I say contracts should be flowing through in the New Year.
IM updates today all as expected, Chairman we now know end of January 2020, and EU funds imminent although I can’t for the life of me imagine wht the heck these funds are taking so long to arrive? As I said previously though, if they were not gouing to be paid the Company would have had to inform the market, therefore I believe they will be paid eventually!!
Sp here is rock bottom, slightest flow of really positive news and it could double in one day easily.
Mr T
IT says could have significant upside == hope so could is a big word .
From today's update RNS
"the Board unanimously feels it is in the best long-term interests of the shareholders to re-evaluate the position that we are in with new funding options becoming available."
How many times can this be stated before credibility is lost? We now have more than a few jaded LTHs (still?) onboard. JW will need to up his game, at least on milestones, to steady SS INFA for 2020.
Are starting to seethe value in h&w , the storage is treading water but the h&w , backed by the ii should be sound , you just need contact news and it will be a nice investment for newbies,
Last year on storage mean lots of us have catching up to do ,
What a diaster the ml has been
Couple of songs in my head this morning
Transformer man
It's beginning to feel a lot like Xmas
Well done team and best wishes all
.....about the EU funding, and, (hopefully), about the appointment of the new Chairman. But it hasn't done much for confidence as evidenced by the SP today.
There still remains a huge question about overall funding here. i suppose one might accept that it may be commercially difficult for JW to give categoric details about the value of each contract but that does not mitigate the necessity to give shareholders some kind of assurance about the financial viability of the company. Costain will receive over half of the EU funding and we still have almost £1M of the Riverfort finance around our necks. Unfortunately nothing revealed give much hope for any uplift in the SP during the coming 3-6 months, and there are still ssignificant hurdles to be cleared by the INFA project.
Good to hear from you crl123. You're in here big!
Radders, enjoy the fiesta!
EU money and what it will be used for. Also reassurances that the new chairman will be announced after the January AGM. H&W recruits seem to have sufficient experience for sure.
‘With the EU funds not being received before 31 December 2019, the Board has agreed with Costain Plc to extend the repayment date of the Costain Loan Facility ("Costain Loan"), originally announced on 04 November 2016 and due on 31 December 2019, with an accrued value of £810,669 as at 31 December 2019, to 31 December 2020 or on receipt of the EU grant reclaim, whichever is earlier.‘
Nice work if you can get it
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Infrastrata PLC (INFA)
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Monday 23 December, 2019
Infrastrata PLC
Issuance of loan conversion shares
RNS Number : 7459X
Infrastrata PLC
23 December 2019
23 December 2019
InfraStrata plc
("InfraStrata" or the "Company")
Issuance of loan conversion shares and change to total voting rights
InfraStrata plc (AIM: INFA), the UK quoted company focused on strategic infrastructure projects and physical asset life-cycle management, announces that it has received a notice to convert £50,000 of the first tranche of its £2.2 million loan facility with Riverfort Global Opportunities PCC Limited and YA II PN Limited (the "Loan") into 19,455,252 new ordinary shares of 0.01p in the Company ("New Ordinary Shares") at a price of 0.257 pence per New Ordinary Share.
Details of the Loan were announced on 1 October 2019 and 14 November 2019. Following this conversion, the principal balance of the Loan has reduced to £955,555.
Application will be made for the New Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will occur on or around 30 December 2019.
Total Voting Rights
Upon Admission, the Company's issued share capital will consist of 3,682,856,289 Ordinary Shares with one voting right each. The Company does not hold any ordinary shares in treasury. Therefore, the total number of ordinary shares and voting rights in the Company will be 3,682,856,289. With effect from Admission, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
Three RNS's all at once. :)
Evening boys. I prefer some good old fashioned newsprint........
https://www.belfasttelegraph.co.uk/business/northern-ireland/first-ship-back-at-belfast-shipyard-38807643.html
Radders. Sounds good. Don’t think I can face another Apocalyptic series though!
May I recommend “ 30 days of Night”.
Quality film. Netflix job?
Darnit I don’t watch TV any more. I miss the good films!
Enjoy.