Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
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I called Gerwyn Williams this morning, he wouldn't make any comment as said was on holiday with friends, I did try to ask whether he could quickly say whether it had any future, but he just said that he was in company and to email in.
It doesn't look great if the website has gone.
could they be updating their website for news
Yes!!
It says this page is reserved for future use.
Has the website gone now for infinity
all eyes on dorset council strategic planning meeting to be held on 1 Feb 2021 10.00 am ... wonder will infinity go for planning this time round
a simple answer ... no
I have been in this for a few years waiting for the relisting.
If anyone can answer this question please.
Is there a time limit on rto and if this is not completed is there any claim to refunding shareholders if a time limit is exceeded.
Doubt we are going to get a end of year update
really tie up £500,000 of his own money in this?
so i email Infinty and tis is the response i got which i guess mean they are still trying
Thank you for your email and apologies for the delay in replying.
As per our previous emails to you, the listing process is still continuing. COVID-19 and the low oil price is not helping matters but progress, albeit slow, is being made. The Board and its advisers are therefore reviewing methods of completing the listing as soon as possible given the prevailing market conditions.
While there can be no guarantee that the Company can list, the Board continues with its efforts to obtain the listing despite the current situation.
Best Regards,
Infinity Energy Limited
The company say they will drill a single vertical into the Cornbrash, Bridport Sands and Sherwood Sandstone for the production of oil. The geological formation which the site lies on has been producing oil in Dorset for more than 60 years, with the Sherwood Sandstone reservoir at a depth of 1,800metres.
Access to the site is expected to be either off the A354 Blandford Road using an existing farm track which passes Bardolf Manor with a second access, via a private farm track off the A35 Athelhampton Road.
South Western Energy say that previous testing and a desktop study indicates the presence of hydrocarbons under the site. If the well finds enough to make the site commercially viable oil will be transported by road using tankers to the Fawley Refinery near Southampton.
The proposed well site is in the corner of a field most recently used to grow maize with the application being made with the landowners consent and using his tracks with only minor alterations, mainly repairing pot holes.
The drill rig will be brought to the site in the early hours to minimise disruption and is carried on a standard six-wheeler lorry with accompanying lorries of similar size with other equipment.
|The company say that during the site works there will be around 15 people employed and that, where possible, local services and suppliers will be used.
Establishing the site is expected to take two weeks, with ten weeks for drilling and testing. If adequate reserves are found the construction of a production site could take another 10 weeks which may be followed by up to 25 years of extraction.
Drilling would continue 24 hours a day for about 6-8 weeks with testing also 24-hours a day for up to two weeks.
Production would also mean 24-hour working with 8 tanker movements a day, based on volumes from the well.
Athelhampton Road, Puddletown, PEDL327, South Western Energy
Status: Application for construction of site compound and drilling a single vertical well for the appraisal and production of oil. Decision date extended to January 2021.
Inft or PWC
What company?!
as anyone contacted the company again or pwc
i dont think anyone can get this one going
Where's Fyoz when we need him ?
Perhaps he can get this going ? ;-)
we need this to start trading first which should only take a few months but has taken for ever
If the company does come back he can claim billions of shares in directors fees for the time he has been running it.
Where have the Mee brothers gone? We haven't heard from them in years.
i can not see this coming back this year at all
what age is Gerwyn now? Who is running the company?
What's the FB page then? Makes sense. We can take our rambles there. At very least we can be the next best p&d crew, kidding.
Someone mentioned UKOG as some sort of aspiration. I have absolutely zero aspirations for this.
with current world situation i can understand but i guess it does not hurt to keep us updated
We wait :-(
what makes you say that Boom