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It certainly does!
You might want to email Edwin Poots as well....
https://www.lse.co.uk/rns/INFA/infrastrata-plc-binding-term-sheet-storage-capacity-offtake--d4rcs1nodier7os.html
I wonder when we can expect an update on Vitol’s decision to extend the agreement or not.
I have it on good authority that the majority of all the early trades are also buys.
I’ve been able to access, but can’t share I’m afraid.
I would recommend people read the Cenkos research note. Hopefully the large contract recently negotiated is revived at the start of 2021.
In 36 months when we’re delivering on the FSS defence contract.
Another important point to note “ Where FID is not taken, no amounts will be payable, and no warrants will be issued to the Vendor”.
https://www.investegate.co.uk/infrastrata-plc/rns/acquisition-of-fsru-project/202005280700041416O/
Infrastrata PLC - Acquisition of FSRU Project #INFA @InfraStrata_Plc ****************************/rns/announcement/716a7800-96b1-4691-9f06-e73432ed7667 #********** undefined
I agree Spud, I’m concerned by the inactivity of the Chairman. Looking at previous accounts, the Directors are very well paid and given cash is limited, I would expect wage deferrals or at least buying more shares!
The final payment is £1.45m due on the 30th April. The link to the RNS is below:
https://www.lse.co.uk/rns/INFA/completion-of-harland-and-wolff-asset-acquisition-h6ar5hjce638f4h.html
The final payment for H&W is due on Thursday and thankfully it appears there won’t be any raise to pay for it. That will be a good first step for a climb in the SP.
27m to add from me
Got assume the final payment due this month is sorted.
https://twitter.com/shippingjobs/status/1248546853886529536?s=21
‘Great to welcome Mark Lawther in to the InfraStrata family as our Director of Defence Programmes for our subsidiary Harland & Wolff’
He’s worked at Bab**** and BAE Systems.
...now fully open for business
https://twitter.com/infrastrata_plc/status/1237486743038963713?s=21
https://www.niferry.co.uk/irish-ferries-dublin-swift-back-in-belfast-ahead-of-dry-docking/
As I noted from the AGM, the final decision to award the ML does NOT sit with DAERA, as this is a Ministerial decision due to the projects strategic importance. This will be decided by Edwin Poots and given recent decisions to put the economy before environmental disruption (HS2), I’m fairly confident. Spud posted a rather interesting tweet on this last night: https://twitter.com/spudtheplumber/status/1227330073340129292?s=21
I noted the dock was over utilised, but only recently went back over my notes to see the the figures provided. It certainly is more positive than people expect.
Not sure what you want me to say....I made the effort to attend the AGM and now I am sharing what I learnt with you. Responses like that is why I tend to stay off the boards.