Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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With positive news to come could soon be back to 2p highs ,
News any time next week .
The bod playing a superb game
Imho they deserve the options.
Good luck to them
One buyer ,
No loose shares .
Let's see that 1.30 soon and then go
I was thinking earlier on this morning that INFA could surprise us all & so far I have not been proved wrong. If it is true we took on board the good ship INFA following the recent issue of shares a new investor then todays Buying pressure could lead to a price spike & a quick climb back up.I have a 'mere' 1m shares but still 132% up & not trying to ramp here but AIM can cause surprises.GLA.
INFA - Had it confirmed that stock went to one entity. Given the strength and catalysts of this stock I'd expect it to test 2p again at some point. Think the risk/reward here is great.
From twitter . Village idiot
Both exchanges 15mill buys only half a million sold and not 9 o'clock
Looks like LSE report trades on NEX more than once... so only one 250k buy there ... however lots of others too... taken £2k for now...
£12.7k buy above ask... think I might take some...
New buyers , averaging down all welcome .
News due very soon
someone taking up 250k chunks "hidden" on NEX:
http://www.lse.co.uk/ShareTrades.asp?shareprice=INFA.GB.PL&share=infrastrata_plc
Tempted.
Good buy volume ,if we can see off 1.30 they might struggle to hold it
But ..... this is aim unpredictable
so we should see a holdings RNS soon?
Gil on twitter said one took complete placing ,so no overhang .
That's a lot dosh for one person ,company .
Done with infa blessing , up we go
It's going to creep up till news,
You never know on aim.
Given nobody was seemingly able to take stock whatsoever I think we could see a short squeeze with some buying pressure. Now that would be interesting. https://twitter.com/gilgameshgod666/status/1088703025651306496?s=21
Maybe difficult to negotiate properly without the grant result...maybe delay due to that. Blue chip would want to know every detail for certain?
Just a thought.
Yep Tidd, a lot looked at the rns title, looked at the price, looked at the spike, but never actually read the rns in my opinion!
Lots of info in there........
(Contd) Due diligence are underway. Couple that with an update around the £40m EU grant and it’s a sensible move. The raise was done at a great level with around 9% discount, that’s minimal. Couple that with the fact that weeks ago the shares were trading at much lower levels. Anybody who wished they’d had the opportunity to take part in the placing can buy at placing level or just under on the market. Word on the street is that the whole £1.5m went to one party. We shall see.
“By analysis of the critical path of planned construction activities, the Company has identified scopes of work that can de-risk the Project for potential investors, which in turn is expected to add to an increased valuation of the Project. As part of the Company's equity negotiations with all potential parties, recovering costs invested to date is one key commercial element of the deal and these additional costs will be included within that calculation.” Recovering costs - this alone amounts to the current MCAP. Given what has been achieved to date I don’t think anybody can not be happy with current progress. The raise would never have been done on a spike and £1.5m is certainly not detrimental to the long term vision of the company. The development process can begin with initial ground works whilst negotiations and due dilih
So in 6 weeks we will have some more definate funding news and also a response from the EU re a multi million grant. We will also have construction tenders in. A few more weeks of excitement to help the winter to pass. And during that time perhaps another eastern beastie? I'll take that!
Had to think for one moment what LOL means ..then it clicked !!! like many of you here I have been here with the great ship for 10 years and am in for the current voyage as a Determined LTH .I personally was not expecting a placement today. When I saw the mark on this LSE board I thought "bl**dy heck this is the big one ..then I scrolled down and saw the price drop ..breakfast was delayed in our house !! LIke you I am perturbed that the news was leaked yesterday but IMO today's price is the current new bargain basement ..so if you have some spare dosh that you can afford to risk ( yes this is a risk share for sure ) make it work ..not likely to see 1.21p again ....ever .I play a lot of Bridge ( am retired !) and in our game fortune usually favours the brave .I am not a ramper .I am not a professional punter but I like considered risk ..go for it ...I have !!
Mcadder,
I'm not too bothered re the placing as such but like you what pi**es me off is that certain people got to know and to make matters worse spouted it all over public forums. Talk about two fingers to the bodies who police aim well a more perfect example you couldn't find, a total disgrace.
I see where you are coming from regarding the equity, but bear in mind that the whole process has been put on hold since the new offer landed pre Christmas. That offer is obviously the better offer, otherwise the due diligence would not be going ahead. Therefore with other offers on the table already to actually defer slightly and then have to raise funds to be able to keep the project on track timewise cannot be anything other than positive to my mind. They have also indicated where these funds are going and they will enhance the cost of the project thus improving any funding offer.
There are always up's and downs in investing in particular on aim with junior company's, but the rewards can be significant if you hold long enough. I see infa as one of those opportunity's.
Mr T
Little blip on the way up from now ups and downs no need to worry .exciting times a head .
Yep agreed, the placing i understand and am perfectly happy with that, i'm actually impressed that they mentioned what it was for, had no warrants in it and wasn't highly discounted - what angers me is:
- It was done after all the warrants had a go at the share price when it must have been obvious it was needed prior to the burst of those over the last week or so
- it was leaked on twitter a day before it actually happened
Bmd shorted this yesterday and he's going to lose loads ,fc,
At the presentation our sp was 0.69p 7 or so weeks later we raise £1.5m at 1.2p (no warrants) Short term pain , long term gain imo (I wasn't offered the placing btw) I have a feeling we will be higher by the summer! We are much higher than last summer FWIW! In hindsight the 2p spike was premature