Member Info for Chitta123

Utterly convinced now that the FID company that has the offer on the table will be the company taking the majority stake in the island magee project and probably the same company that acquired the data from the salt caverns drill from infa and once this money is in place the defence shipbuilding contracts will follow in quick fashion.The sp is disappointing but although the recent director buys are paltry in some ways I think they are a heads up.

You too.

Rns number 5569D
Rns number 6497N

Old tramp go into rns history and access 2015 rns,s.there are 2 separate rns,s

The first data sharing fee was 450k and went to the subsidiary island magee gas project and the second for 500k wasn't as specific on where it went but was claimed to be for the development of monetisation of the gas project.

It's from before the previous board were ousted loosegoose.At the time we had the first data share for circa 400k and then the second at 500k.At the time it puzzled me and the only explanation was perhaps an interested party .

I know it's cool avyererdoubt.the drill data from the salt caverns was bought for 900 k .Surely there is a reason for that.it's my assumption that whoever was looking at getting involved with those gas caverns would want to know with certainty everything they needed to know about the salt and the geology etc and this came before the board were ousted.A plan was in place for this company years ago and it revolved around those salt caverns .Graham Lyon was drafted in as he was a gas expert and involved in Nigerian Gas at the time on a consultancy level ,he had absolutely no experience of shipbuilding but certainly knew enough about regasification vessels and the supply of gas.The plan killed two birds with one stone ie energy security and UK shipbuilding both to become separated at some stage going forward.The Energy security is out of Infastrata brief and surely that is a governmental concern which is why the ML has always been a forgone conclusion in my estimation.Looking at share trading it's clear something major is playing out with some serious shifting of shares with maybe killik involved.I don't think we have too long to find out and if I'm wrong I will hold my hand up but if I'm correct that is good for us all.

He who laughs Last laughs loudest.Put the pieces together and see through the mist and noise.

Once the ML is announced I suspect the funder of the gas cavern project will appear.I believe it's the company coming in to take a majority stake in the gas cavern project that paid 900 k for the drill data at island magee...Infastrata will become a successful engineering shipbuilding concern with capex coming from the sale of the gas cavern project which will include the regasification vessel project.Energy security was the interest when po**** led the takeover from the previous board in my view and the trade off was the shipbuilding engineering aspect with boris ensuring that would prosper.Boris rolling up at Appledore and infa acquiring their asset base isn't a risk laden experiment but more of a fillip for the government and it's UK shipbuilding rhetoric.

Rns.
5569D
6497N
Who paid nearly a million for this data and why?

If as stated in the results we are involved with a consortium it will surely be the consortium that drives progress.This takes the major responsibility out of clon hands to get these oil and gas deals over the line.

Picked up some more up at just under 0.36 and they are listed as a sell.

Surely they could buy even If the ML was granted in the next few weeks.

There is no doubt changes are afoot at petrel resources with Mr Teeling looking at hanging up his boots hinted at in various circles including their results.We are linked throughtano2 percentages and I'm wondering if Petrels future is to be resolved before we get any Ghana or Nigerian news as I believe Ghana and Nigeria are linked through the consortium mentioned in the clon results.It may well not come about but if it does and ghana and Nigeria come to fruition clon sp would react in tandem.

Another collaboration.

Trafighura

I'm not convinced all these trades showing as sells are sells .it's not important as it will either tank some more or the company will actually have been doing something.Whoever bought the Monecor.Maybe shares must have thought they would get a return on the shares they bought.All we can do is wait and see what unfolds.

Monecor.Maybe they have kept some shares knowing that there would be some price enhancing news.What they have made on the placing gives them a free ride with the remaining holding going forward.

Pauly the hardest thing for me is selling out .its hard when the numerous posters claim a quid coming and they are compelling at times with lots of enticing facts of how we will have a 100 million deal in 90 days...I called that out on different threads saying it smelt of bull**** and just a way to get the sp up for the smart ones to sellout .luckily I sold .Maybe that was pets swansong and the last share price present before pet is hired off as I don't think it has any value anymore .opinion only as they may have one last payday..I think clon is different and ghana is interconnected with the consortium mentioned recently and the Nigerian marginal..for me now is the time to buy clon but it's opinion only and not intended as advice.

Pauly.I fully understand how you feel and hope you don't take any of my posts as trying to persuade people one way or another..I can remember Mr Teeling s chairman's at petrel a couple of years ago and it was as bad if not worse than his latest one .I bought in at that point as I thought he was overly negative.I am glad I did because the sp on the back of the concert party buying in catapulted the sp to circa 27p..I'm not suggesting everyone buys into shares when all looks desperate but on many occasions I find it does see a turnround from lows to highs .I only have a small holding in pet now as I believe the focus is now clon.The reported sells over the last few days may not be all sells and I feel that something will come good here but I fully understand why you have the opposite perspective on your investment.GLA