The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
So why didn't you even get the value of trades on AIM anywhere near correct?
Keep your shirt on ! I hadn't seen the Nex trades. That's all.
:D
I definitely wasn't trying to argue Builder :))
Not going to argue with you spud. You provide great information on this board.
They have a 9.22 time stamp on advfn and that was the time I was watching Relatively small volume and definitely not a sell off! "Early 2019" starts next week.......
Ok spud, we'll have to agree to disagree. Sells would make more sense given the closing price today, but AIM rarely makes sense. Water under the bridge anyway. Certainly significantly more than £50k of INFA trades were made today.
*9.22am
Imo (I was watching closely at the time) the 8.22 trades on nex (almost 4 million ) were buys.
That is just nonsense setanta. There were over £73k of INFA trades on AIM alone today plus several tens of thousand on NEX. As for the balance being in favour of the buys, please explain how that is the case when there were 3 trades on NEX totalling almost 5 million shares sold plus several other smaller sells.
Hopefully they start the enabling works in January as well. Only 4-8 weeks for EU funding news.
Is it just me, or is Q2 for FID a stupid date? I think its a long target that can easily be beaten. Which is probably why it's been picked.
So we potentially have a delay on an equity funding deal of a few weeks from this point on - big deal!! I think most of us LTH's who have been waiting for 18months or more are not going to be in any way concerned plus today's announcement pretty much provides certainty that a good deal WILL be reached for the benefit of us shareholders! I have FULL confidence in JW's ability to get us the best deal possible which is now just a case of WHEN not IF imo
https://www.spglobal.com/platts/en/market-insights/latest-news/natural-gas/122718-norways-major-aasta-hansteen-natural-gas-field-still-hit-by-well-problems
NATURAL GAS 27 Dec 2018 | 15:25 UTC London
Norway's major Aasta Hansteen natural gas field still hit by well 'problems'
Author Stuart Elliott Antoine Simon
Editor Daniel Lalor
The major Equinor-operated Aasta Hansteen natural gas field in the Norwegian Sea was continuing to suffer from unplanned outages 12 days after it was started up, with well problems continuing to trigger volume reductions.
Hansteen -- the first deepwater development in the Norwegian Sea -- started production on December 16, and was initially impacted by processing problems just four days after its launch.
The latest incident at Hansteen began late last Friday with an initial impact of 8 million cu m/d, according to Norwegian gas grid operator Gassco.
Over the past seven days, the volume impact has varied between 13 million cu m/d and 18 million cu m/d.
The within-day impact Thursday was expected to be 16.5 million cu m/d, Gassco said, with the duration set at 8-12 days.
Thursday morning's expected duration was previously placed at 1-3 days. The day-ahead impact was also placed at 5 million cu m/d, as opposed to no previous impact expected, the operator said.
The past week's volume impacts were significantly higher than the initial production rate of some 6 million cu m/d at Hansteen.
That ("Exraordinary"), brought forth a few interesting comments which may help to explain why the SP fell 3% on a day when there were less than £50k worth of trades and the balance was in favour of buys.
As usual,spud, you have picked out a key line in the RNS which is very important to future developments. You're a very diligent information gatherer.
Well said loosegoose....and congratulations on avoiding ending up on a dining table this Christmas....lol
GLA.....won't be long before we are in a different league altogether.......some big institutions for sure are going to want in!....The story will get better and better......in a very few years, and I don't have a shadow of a doubt, we will be a major player !!
Extraordinary yes, but let’s remind ourselves of all the positives - there are many. Good BoDs with skin in the game, more caverns, equity partner availability, potential Eu funding, strong on execution, strong vision +++. We have had an excellent past few weeks and one minor dip is just a minor dip. IMO, the writing is on the wall and patience will be rewarded.
Having vented off that steam I will say this.
I was talking to John Wood in London and he said he wanted to take INFA out of AIM into the regulated full London Stock Exchange Market.
I welcome that day in spades !!!!!!!!
It's fraud.....simple as.
It has become the norm on AIM...it is manipulation to make money for those who control the markets......it is so widespread and it has reached such a crescendo that regulating authorities are afraid to tackle it head on......yes I know that AIM is unregulated but that is not to say the authorities (who obviously at least monitor it) should be letting dodgy practices go unfettered.....trouble is there are multi-billions of pounds churning over and whenever you get that sort of money you will get sharks feeding from the trough....the trough is deep and the sharks are at astronomical numbers. Look at all AIM share historical share graphs ....they have, on the whole fallen a hundred fold....normal??....I think not!!!..... look at one aspect only (although pillage occurs constantly throughout the year), city end of year bonuses ....they are not hundreds or even thousands of pounds, which would be (sort of) comensurate with salaries (but even that would be generous compared with other occupations) it is in the region of hundreds of thousands, millions and tens of millions.......it stinks!!!!!!!
JW and the team are setting the stall for the future, imo, and being very careful to pick the ideal partner.
A key line from today's news
"and discussing potential long-term working relationships with such potential Project equity partners."
These equity partners are going to be partners on the infa journey imo. (May even take a non exec seat??)
I thought the exact same thing =D - i read it this morning and was happy with the RNS as it meant we have offers ready to go and a better one just arrived - to have the kind of money that infa need would mean huge partners as well so it's literally madness =D
How the sp has been managed into a fall despite the fact that JW has just announced a new equity funding offer which must be better than any previous offer. And despite the fact that the amount of trading is hardly monumental. I've never understood how the slightest bit of divergent news seems to send us into a bit of a spin. Even erstwhile optimistic posters suddenly become hesitant!!
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=INFA&ArticleCode=4ydkrg8x&ArticleHeadline=Final_FEED_Milestone__Additional_Concept_Studies
The above 5th December rns had this sentence (I imagine the Nomad insisted)
"The term sheets are not binding and at this stage it is not guaranteed that InfraStrata will enter into a binding equity agreement. "
Telling, imo, that it's not in today's rns
I feel the key thing is no delay to FID.
I’ve posted a little while back on this point but the key to unlock this project is a binding capacity offtake as this establishes how “the market” values MRS capacity. It also gives the BOD the sound basis to raise the debt & provides the steer on value for an equity partner (possibly more than one).
I think what may have changed in the past year or two is the appetite for an equity partner to take a little more risk on this as it so obvious now that “swing” is going to be of increasing importance to diurnal load balancing as renewables increase and Rough, Groningen, UKCS have depleted or disappeared.
It’s also likely an equity investor will also be a capacity holder but possibly in different proportions!?
This is the only lse chat I read so keep it coming folks.
A sensible board with sensible investors. With the flurry of funding and offtake interest shown recently, it makes sense to take time over this to get it right for us all.
Agree with that and I like the way the timetable has been laid out.
Important they choose the correct partner.
Have every confidence in the bod here
Gla