Fully agree - I also don’t understand. I didn’t understand the very quick run up to 2p and then the fast retreat. That run was not based on fundamentals and was way, way overdone. I have tried to blot out from my memory. I do believe there is shareholder value here that is not reflected in the share price. Seems that on AIM the (perceived) value is not priced in. Good news breeds good news and it has been a while since there was good news. There have been a lot of statements, promises etc but nothing really concrete. It would be good to see more than just one project on the company website. The company presentations outline potential projects but until something starts with a timeline I dont believe it is a project. When a POC is started there should be some outline of preliminary scope, timeline, resource assignment etc. I will keep my holding and will probably add more. When the next run up happens I trust it will be on some fundamentals rather than on what the last one was based.
Today is my birthday and the new news is a nice present to receive. Things are lining up nicely. Pieces of the puzzle are being moved into place showing that the various project streams are progressing well - soon the puzzle will reveal a beautiful picture. As a LTH I dont mind the ups and downs in the share price as long as the progress is sure and steady. Sure and steady will win the race. Either the price will jump or it wont, what we do know is that long term shareholder wealth is being created day by day.
Agree. Looking forward to hearing more fact and figure re the outlook. So much on the table planned for the next 3.5 months leading up to the end of Q2.
I am holding. Not one share sold, but more bought.
The Due Diligence will be completed in 3 weeks. No bluechip will simply approve such a large deal the next day after the DD is completed. These things take time to navigate through the red tape and bureacracy of a large bluechip. In essence good news (i.e. equity deal) will take much longer than 3 weeks. We keep setting ourselves up for disappointment by thinking decisions in the large corporate world happen fast - they dont.
Naz, what if a “sea generator” hurts a fish?
The lubricants from the “sea generators” mechanics will pollute the sea then you will have demonstrators on your doorstep.
How many “sea generator” projects are approved and by whom? I would like to look to potentially invest.
There is no doubt that the brine discharge "matter" will be amicably resolved. Everyone has a right to be concerned and in this case it seems the realisation that the project is very solid, has backing and will in fact go ahead has spooked a few locals. Their response has been emotional and is not unexpected. Time will pass and the project will be delivered in an environmentally responsible manner yielding gains for shareholders, employees and society alike.
From what I have read, mainly about brine discharge from desalination plants, it is always a consideration but something that usually gets overcome through different dilution, diffusion and dispersion technologies. I remember JW commenting after the December shareholder meeting that he was not happy with the brine discharge depictions in the video and that they needed to be amended before the video was published. There are excellent papers available on the technologies and continues monitoring mechanisms that can be put in place to ensure that no damage is being done. I expect that the with the professionalism of this outfit they will have this all under control and the main issue comes from a lack of understanding or a lack of willingness to accept the realities. Just a matter of time imo.
The presentation has been on the website for a while.
Yep. Difficult to understand. We need to remain patient / true to our beliefs. Most times I just get frustrated and throw in the towel. This time I will not let the heart rule the head.
This morning I watched the video of the presentation. Very good indeed.
We are in something very good that is very professionally run.
Momentum continues to build - buckle the seatbelts and enjoy the ride. It could be fast, it could be bumpy but it will be worth it.
Not too bad a week IMO. Some shenanigans passed. Some good news ahead. 3 pesky sells to close the day taking it so slightly into the red for the day. Timelines clear, Successful AGM, super capable BoD. Nice to enter a weekend with many ducks in a row. Cheers all.
Good buying opportunity.
Was Eu funding only.
Eu funding was not included in any valuations.
Eu funding maybe back on the table in March.
Thanks Spud.
Maybe I was ahead of myself (it’s all very exciting!) when talking about ringfencing projects in new legal entities. However it sure would be nice to understand the approximate timelines for the Concept Development Studies for the next 15 caverns as well as Twinning of the SNIP. From the December presentation, both are listed as “Concept development Studies in progress. I expect there wil be more at the AGM.
With what is on the horizon it is difficult to contain the enthusiasm.
Stick to the plan. Once before when questioned he was not for salt processing. Deviations from a good plan cause distraction and then when focus is lost value is lost. The brine discharge has been vetted a few times so there should be no need to deviate from the plan - especially for little value.
Whilst we wait patiently for the big news to arrive, I wonder if it would be too much to ask for a new legal entity to be created and a new project to be (formally) announced for the next 15 caverns. According to the December shareholder meeting this is a separate project. I fail to understand why it has not yet been formalised in a separate legal entity, published on the website and given a “project” status.
Until then, let’s not forget
1. UK Guarantee Scheme’ status, which facilitates access to government guarantees on debt finance for 65% of the project cost,
2. Construction partner Tender proposals coming in soon,
3. Potential 40m in Eu funding,
4. Inclusion on new PCI list,
5. Ongoing equity partner negotiations and imminent (in the grand scheme of things) decision,
6. Accelerated enabling works funded from the recent placement
7. Many, many other positives
It ain’t over until the fat lady sings, but I do hear a voice warming up in the wings of the stage!
Brilliant. In the December shareholder meeting this is what was promised. I too believe that things are indeed moving in the background and when the announcements start coming we shall be ready for the next steps on this journey.
I have enjoyed the discussions recently. I guess we all continue to learn from others. Some interesting points and we should remember that nothing in life is perfect. All good things come with other things that some aren’t pleased with. At the end of the day we invest where we think there is more upside than downside. I trust the value proposition on offer with Infrastrata. I trust the governance structure. I Am very pleased that 100% ownership of IM has been maintained during the difficult times. Sure there were some compromises made to keep it this way and we need to consider what the value differential would be if those compromises had not been made. Keep up the good natured discussion. I remain convinced there is a lot more value to be had and I will stay around to enjoy it materialising through a good BoD with a good pipeline of additional projects to be formalised.
Up from 1.44 last Friday, up from 1.21 the week before and up from 0.94 the week before that. Not bad at all, in fact excellent. I will take a few weeks like these any time. We are closer to the next RNS. Onwards and upwards. Am disappointed that I will miss the AGM.
All the ups and (half) downs are irrelevant for the long term. We have a solid company with solid fundamentals and a very solid return recently. As Dawski says, we need to be ready for choppy seas. Soon again deliverable dates will be met, positive RNS’s will come and the results will show. Higher highs and higher dips. Good place to be for LTHs while the traders think they make more.