Member Info for Chitta123

Is it possible infa has been set up to be taken over..The gas caverns sold off and the remaining shipbuilding and assets taken over by a much larger entity/consortium.I always wonder what had JW done that justified his 1 million and maybe it's reward for the behind the scenes stuff that we are no privy to .Something about that presentation gave the game away in my view.Significant volume and killik building a stake.Some of these large trades are not your average punter.

Watching trading it does seem like shares are being accumulated.All these reported sells are I suspect NOT all sells.I don't for one second believe that the board don't want progress here and I'm hopeful that Ghana s Tano project is now backed up by some significant partner/partners.I believe this has been the stumbling block for Clon as without a significant financial and technical partner they had nothing to offer.

No reason for the volume and it's a steady controlled rise .It seems different not the usual spike and retrace.Got to be in it for a chance to win it ,or lose it .

Maybe there is a large shareholder that doesn't want to be seen.Why else not publish the list.Maybe it was in the presentation and the reason you can't see a repeat.Although whatever upset them in the presentation could surely be omitted.

I believe we have funding on the table for the FID STOKEY12.According to JW.The economics will still be viable so no reason to suspect the Funding is not still there.It also depends on whether one believes that the ML decision isn't a foregone conclusion.NIRELAND needs gas so what is more acceptable ,underground storage caverns or huge tankers rolling up and the uncertainty that tankers bring.

It would be crazy and inevitable disaster to commit to Appledore etc without knowing that significant finance was on the way or guaranteed.The only saleable asset is the island magee gas storage project .

Unless bumbling Boris comes up with a something to back up his public commitment to help shipbuilding etc then the only saviour could be funds from a conclusion to the gas cavern project.It seems beyond belief that Infrastrata would be able to pass due dilligence on the Aquisitions of 4 important assets in the UK.Surely infa must have had something in reserve to allow these Aquisitions to go ahead..

Trading is the reflection of human behaviour and related sentiment and we now have buying alongside some sells.The placing trading has largely gone so it's fair to assume there is a leak as the in my view the trading is not just people having a punt.

You seem keen STAY LONG and we haven't had an update from the company or from anywhere on the progress on production from the roaster.Your timing is probably spot on as initial thoughts from tristar was they expected to reach full production by summer 2021.A fully producing roaster is likely to create significant revenues and with debt renegotiated surely our percentage of spmp must be worth many multiples of today's auction price.I'm also intrigued as to why Mr Odey has parked up on the Board .

Good read and good research by yourself.The project will go ahead in my view and any issues surrounding the ML will surely have been addressed.

Hopefully have some interesting trading this week in anticipation.

It could well be old tramp and I'm not fixated with any one particular delay reason.I do believe gas will have to come from somewhere until hydrogen and we can make hydrogen from gas .Lots to look forward to going forward and the ship destined for navantia rerouted to us if correct is certainly food for thought.

That's a great read old tramp and there is a definite appetite to utilise gas in the kilroot and bally ballylumford power stations .Planning permission in place makes it laughable that infa still awaiting an announcement on the marine licence.So they can build an under ground pipeline to transport gas but are dilly dally ingredients over gas storage.I don't buy it and one of the reasons I believe the ML decision was a formality as long as infa met all her legal and enviromental requirements.Definitely believe something other than the ML is holding this up.

Need the sp low for some reason.

With the sp on its backside any company worth its salt would put out any news in particular the cruise ship discussed today.maybe they need the sp for some reason.

Well it seems obvious that the sp was destined for these lows and the paltry director buys are pathetic and viewed so by the market but it meanseems jw can say we tried to help the sp by buying in the market.Something is playing out here and it's big .I've made my feelings known about the gas project and I will lay odds the regasification vessel will be reserected.This was all about the gas /energy security and the shipbuilding although secondary will become significant..We really must be close to revelations but are dependent on progress elsewhere.Some entity will take a majority stake in the gas caverns and the gas vessel offshore Barrow.

Don't discount Ghana .The Nigerian mention in the results is pivotal in my view.Tano2 is legally ours awaiting ratification and for some large oil or consortium it has a significant value.It's stalemate as ghana will want it sorted and whilst clon on its own has no clout a consortium of big players would be appealing to Ghana.

Company's don't usually fail to publish shareholders lists so I would guess they might not be keen to reveal for some reason .
In relation to the ML I'm convinced it is already decided and something is holding it up and till such time they will keep up with the nonsense excuse kicking the can down the road.When the petroleum industry is passed in Nigeria I will lay odds the ML will follow soon after and the FINAL INVESTMENT DECISION.in my humble O

Don't panic we have a fancy pants barrister on our side.??

Fair play Stokey it's all about sharing opinions .For me a large project supplying oil and gas to the UK is being played out .Time will tell and the way this company has been spending on assets and staff is a clear message that some major funding is coming from somewhere and the gas cavern project is already in the bag to go ahead ,fully funded with infa having a minority stale at best and the project is so important to Ireland energy needs that it's a no brained.If Poots or whomever says no they will look a right chump when the lights and gas cookers go out in a mid winter freeze.