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Pin to quick picksInfrastrata Media (INFA)

Share Price Information for Infrastrata (INFA)

London Stock Exchange
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Share Price: 18.75
Bid: 18.50
Ask: 19.00
Change: 0.50 (2.74%)
Spread: 0.50 (2.70%)
Open: 18.25
High: 18.75
Low: 18.00
Yest. Close: 18.25
INFA Live PriceLast checked at -

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InfraStrata CEO John Wood delivers robust operational update

In an interview with London South East, InfraStrata CEO John Wood explained his strategic direction for the business. He wants to have two or three projects in the offing at the same time, with different stages of completion.

And ultimately he wants InfraStrata to be a business with a market cap of hundreds of millions and not at the bottom where it is today. IslandMagee remains the keystone project and they are 'making great strides' to monetise the venture. The Vitol relationship remains key.

"We are looking to develop that relationship and carry it into other projects if we can. We are looking for the (FSRU) offtaker to come in with some equity on that project." And John went on to explain that they are looking to expand the core InfraStrata team slightly, "but we don't see a major drain on resources."

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