Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Some great posts from Mr Dawski, Older, Tidd and Avyrerdowt. How can you put a value on a company like INFA at this stage of its infancy. It’s impossible and incredibly exiting. I for one won’t be selling INFA shares anytime soon. Good luck to all INFA investors, especially LTHs. Fair winds.
Hi Steelio, Back in the office today enjoing the breeze from SS INFAs sails as she rides apon the high seas.
I belive the success of the 4m EU funding was largely attributed to MB. Best wishes for the future Matthew.
John mentioned they were negotiating intently with 3 possible equity funding partners and a 4th one joining the negotiations this week. Later on he again mentions they are in heavy negotiations with equity funding partners and said the next news will be equity funding.
Also mentioned was the debt and equity sums being revised due to the £65m saving on CAPEX and hopes to have the revised sums ready for the shareholder meeting next week.
It's reasonable to assume that very shortly we will find out who our equity partners are and details of the deal. There will then be a rerate of the share price.
It may also be possible givin the new CAPEX that all 8 caverns may now be built in the same phase bringing them online as each cavern is completed.
November/December 2018 was always going to be the time to cut the mustard for INFA. Glad it's the main filling in my shareholding sandwich.
Fair winds.
Good news from Infrastrata yesterday as it announced that the FEED work had been completed at the Islandmagee storage facility ahead of time and on budget. So, INFA has a blue chip trader on board, has completed the FEED which leads the way to finding a funder and selection of an EPC contractor. After many years of promise it looks like INFA might well be about to deliver the goods.
receiving independent confirmation that the Project can be constructed within our financially modelled ranges is a credit to the entire team that has worked on the Project.
These are the other words I have long waited to hear.
Whilst it will take InfraStrata some time to fully analyse the studies, it is clear that nothing material has been uncovered during either the surface FEED works carried out by Costain or the subsurface FEED works carried out by DEEP KBB that should physically prevent construction of the gas storage facility.
These are the words i have been waiting for.
All hands hoay, all ye who are not full loaded with shares need a kick up the dungbie. With the share price rising through the coaming grab the jacobs ladder and haul yourselves onto the poopdeck. We'll be pouring rum into our black jacks and getting three sheets to the wind while these landlubber sons of biscuit eaters who have thrown crackle fruit at our man of war will face the black spot or the hempen halter on our return. yo ho ho.
Completion of feed by 21st November.
Equity funding any day now.
It's what our CEO said in the LSE interview last Thursday evening.
Ahh JFK, Great to hear you're still on board. I remember the proseco well. A canny wee Scotsman put his hand in his pocket, it was a great moment.
See you there on the 5th.
Fair winds
Nice one Mcadder, list of attendee's so far
Spud
Brew
Dawski
Snowman
Mitch
Christatrdg
Olderandwiser
Loosegoose
Mcadder
Spud
Brew
Mr Dawski
Snowman
Please add your name and others to the list if you are happy to do so.
Snowman, Just a vague recollection of Double Your Money. I only remember Lina because she got £5 a week pocket money when she was 10 and I got 50p.
Nice one Spud. See you there. Had a chat with Tim Thompson from Yellow Jersey on the 14th of this month. He said there were about a dozen going so far. We might get North of twenty. Whether that's magnetic north or true north you would have to ask JW as he's doing the passage plan.
Opportunity Knocks was the right answer. Not 100% sure but I think that's where Lina Zavaroni the singer from the Italian ice cream parlour from Rothesay on the Isle of Bute got her big break. I bet Mr Dawski knows.
Hughie Green, Bob Monkhouse, Les Dawson and John Wood?
MegaTron. I assumed they would RNS a link to the interview, Suprised they haven't.
Avast ye scurvy dogs. Captn wood has nailed his colors to the mast. SS INFA has set sail with only the smoke from the chimneys of home still visible above the horizon. Aye fond kiss and then departed.
For the benefit of any attendees that are staying over in London and those that would like a post presentation meal and or drink with other interested shareholders or prosective shareholders it would be good to get any feed back on places to eat and stay nearby that may suitable.
Just a thought.
My mooring lines sing with pain,
Release me from my tether,
For captain Wood,
Beneath his hood,
Sea's perfect sailing weather.
Welcome back mcadder.
Great post Olderandwiser. Fully agree with the points you make. Kicking the can down the road a bit whatever decisions the BEIS make going forward, it will have the potential to affect Islandmagee storage considerably.