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Could see some media coverage, given its the H&W site.
Absolutely amazing, not only to reduce costs but to show the project has a greater need to go ahead! this is amazing news.
Interesting to see what the markets will make of that. INFA is certainly taking on a lot more risk now, for a potentially bigger reward in the future, and markets are usually risk-awerse.
So far every trade is a sell so looks like the market see it as a risk which is a shame
Just because they are reported as sells doesn't mean that they actually are all sells Dodger. Can currently buy for 0.44 which would show as a sell.
Hi Dodger, I put in several buys in different accounts all before 8:05am, yet no blue... Odd. Why might this be? Biggest news here imho is (unprecedented?) comment by the Secretary of State for N.I. This is a masterstroke by JW which ties the future of one of N.I's most renowned companies / workforces to the success of the InfraStrata Islandmagee project. Additionally, it tackles another criticism of the project, which is the lack of jobs for locals. 60 heads in islandmagee post-construction increased over 100% and important jobs too which enable traditional industry to continue. Great public relations. Funding is interesting and YA are usually bad news if memory serves, but a major risk to this project has always been political. Finally, I've closed many positions recently, but energy security is critical for Britain, Brexit or no Brexit. Risk v reward balance just tipped again here imho. Had to top up.
These are buys this morning, at 0806, I was pleased to get the opportunity to buy back the £2k worth I had to sell recently and even made a slight profit!
Front page of BBC News website. And just like that, InfraStrata - playing the knight in shining armour role - swoops in to save this piece of NI's heritage/history to the relief of ALL political parties. Its project is now known by most of Northern Ireland and more importantly will have their good will/backing. bbc.co.uk/news/uk-northern-ireland-49889573 very shrewd and opportunistic purchase of an iconic asset from administrator at low price and also reduces capex across this and future projects. Worth it for PR value alone.
Traders leaving, investors will be hoovering!
Just need the signed deals now to catapult this to levels not seen, I understand the market as no clarity on forward revenue yet but I am sure this is very soon to be revealed.