Member Info for Fyoz

SensibleGuy

You're not restricted to just one broker you know

Plenty of other brokers dealing in this stock, you just have to make the effort

If the seller today at 2.9p is the same buyer yesterday at 2.875p, they made £500 but had to risk nearly £60k to get it

Not for me I'm afraid . . .

I'm with you on that one petergar

I'm not a religious man but QFI is testing my faith big time . . .

C'mon Cantona, spill the beans . . .

that would only work if you declared them to the market

have you seen any director buys declared crippin?

you really should stay away from investing

something happening . . .

I am personally very disappointed by the quality of trolls on this bb

Is that really the best you can come up with?

te1970

Looks to me like the government are consulting with interested parties over which sites will be re-classified as nationally significant. That would mean planning consent being determined at national level rather than local level. In a nutshell (in my opinion), it's a way of fast-tracking planning approval for the licence areas that they deem to be nationally important

Whether it has any bearing on INFT at the moment is something I don't know, maybe our better informed posters may have more idea. But, it's got to be good news for the fracking industry as a whole. There's a lot of opposition at the moment, a fair amount of that may be down to fear and ignorance. If they can get fracking some of the sites and show that it doesn't cause earthquakes, contaminated ground water etc, then even local planning consent may be easier to obtain

One thing I do know, at the moment the UK imports about 59% of it's natural gas, mostly from Norway. So what would happen if relations between us and Norway soured, or they decided they needed all their gas for themselves? Maybe the nimby's who are out protesting against fracking can answer that one . . .

Thanks to Stan70 on twitter

https://www.gov.uk/government/consultations/inclusion-of-shale-gas-production-projects-in-the-nationally-significant-infrastructure-project-nsip-regime

DD

I think your option 2 makes most sense. New investor can release funds in chunks for additional tranches of shares. Probably some kind of option to buy future shares at discounted rates

I'm guessing we need around £10m to get this moving, but it is just a guess

'There are still some people willing to sell their £2 coins for 26p.'

Or they were 2p coins they're now cashing in for 26p

Always two ways to look at things . . .

Careful, it's one of the no-no's on LSE rules

'post live price or level 2 updates'

mac

Actually it was 'tuff' who spoke to GW if we're crediting the right person

Well I didn't have your posts removed crippin, so I'm all for free speech

Can you say the same?

How come my posts get removed yet crippin can violate the rules:-

'post non-constructive, meaningless, one word (or short) non-sense posts.'

All of his should be removed on that basis

Viper1

"All this share is now is a vehicle to pay a few peeps big monies, that they do not deserve, not to mention an expense account. Sack the lot of them"

There's a typical post from someone who knows little about the company. Since August last year the executive chairman has taken a 50% cut in salary and the non-execs only get £24k per annum

Big monies?

te1970

I want at least double. The way I see it it's still a 50/50 bet for it coming back. So if I'm risking losing it all I want at least double back. Plus we've been locked out of our funds for almost a year now, so that has to be worth extra. I reckon a 3 bagger would be about right, but maybe I'm far too optimistic

I'm trying to get my head around how this will play out if we re-list

Some assumptions I'm making are:-
1. That we need to raise around £10m to proceed with drilling
2. Latest RNS says we're aiming to acquire a stake in Transgas, so we won't get it all
3. Assume a new investor wants a third of the licences for the £10m fund raise

So INFT issue a new tranche of shares equal to the existing issued shares, around 1.75bn new shares. Gerwyn retains 33% of the licences and INFT now own 67% (the new investor has 33% of the licences through 50% ownership of enlarged INFT equity)

So we'd then have £10m in the coffers to proceed with drilling. Gerwyn & family retain a third of future profts (plus their existing INFT shareholdings) but now they have the means to exploit the licences

We'd all be diluted 100%, but based on cash alone, our shares would be worth around 0.28p, around double what they were when we suspended. Probably then see a share consolidation of around 50 to 1, shares in issue would then be about 70 million and SP would be about 14p, market cap around £10m

OK, shoot me down, and I'll start by saying a £10m MC for a main market listing sounds far too low, but in reality I've no idea what the licences are worth . . .

Infinity Energy S.A. - Market Update
11/09/2018 3:02pm
PR Newswire (US)

Infinity Eng. (LSE:INFT)
Intraday Stock Chart
Today : Tuesday 11 September 2018

Click Here for more Infinity Eng. Charts.
Infinity Energy S.A.

("Infinity" or the "Company")

Market Update

As previously announced, the Company continues with the process of applying for a Standard Listing of the Company’s ordinary shares on the Main Market of the London Stock Exchange (“Listing”).

The intention of the Board remains, to complete a transaction as part of a simultaneous listing. To that end, and as previously announced, the Company is in advanced discussions to acquire a stake in Transgas Limited by means of a share for share transaction. Transgas is owned by Gerwyn Williams, a Director and Shareholder of Infinity Energy SA.

The Company is currently producing the required documentation including a prospectus and Competent Person Report and while the Board is confident in its ability to successfully complete the process, Shareholders should be aware that there can be no certainty that the Company will be able to list on the Standard Segment of the London Stock Exchange.

The Company has appointed the necessary advisors to complete the process and will issue further updates as matters progress.

The Directors of the Company accept responsibility for the contents of this announcement.

For further information, please contact:

Infinity Energy S.A.
Gerwyn Williams

Tel: +44 7889 677 397

Financial Advisers & Joint-Broker
Peterhouse Corporate Finance Limited
Eran Zucker / Lucy Williams

Tel: +44 20 7469 0930

Copyright r 11 PR Newswire

going through, too large to be punts surely?