Please can one of you more experienced investors explain exiactly what the RNS about the Price Monitoring Extension means in practice.
Was it just a precaution because things are moving so fast?
I haven't seen any new news.
We all know there is a lot of potential good news out there that has not been confirmed yet. Perhaps this is the market starting to understand and appreciate what is on the horizon. For a company with a first project with such fundamentals this remains very interesting given the current market cap. Onwards and upwards!
Slide 9 from the presentation in London in December is very clear. 2 caverns in phase 1. Have a look at that one again - I forgot it outlines potential future projects as NewCo’s.
I too do not recall the possibility of a 3rd cavern being included in Phase 1. It was always 2 and then 6. More recently the possibility of a further 15 - but that potential project is not formally announced nor included as a project in the website under the Projects “tab”. The shorter timescale together with investment synergies should change the economics positively. Interesting and good news IMO.
Snow is good. Quite cold at -7C. Even snowed this week at lake level in Switzerland.
What a nice day. “Slow” move higher on low volumes despite no new news. When the news starts to pop in the coming weeks it should be fun. On top of that, the weather in Chamonix was great.
Nice to be back. Just follow the longer term trend and normally more money is made than trying to sell at peaks and buy into dips. As good as the trading "feels", more often than not less money is made than just sitting and watching. Many of us are in for the long haul with decent holdings - the long term story and potential is yet to be understood by many. The daily or intra-day ups and downs are very irrelevant for me.
When the next projects get formalised and officially announced even more value will be noticed.
Would be great to see a formal announcement of a second project of 15 caverns ringfenced in a new wholly-owned subsidiary. It would be very easy to update the website “Projects” tab. Then we can get facts, timelines, objectives etc directly from the BoDs. Creating more transparency for investors will add even more value.
Has been a decent move these last trading weeks. IMO this is only the very beginning. Let’s remind ourselves that InfraStrata plc’s wholly-owned subsidiary, Islandmagee Energy Limited only has one project and once complete, that project being the Islandmagee storage facility will consist of eight underground caverns. This project alone has an NPV of 11.6p per share (memory?). I understand the additional (potential) 15 caverns will be held in a different legal entity (wholly-owned by Infrastrata plc) meaning all the ongoing discussions with equity and offtake partners only cover the first 8 caverns and one wholly-owned subsidiary. Future projects will be ringfenced. Any further views on my understanding?
Agree, shouldn’t take too long considering how far in the process we are. I believe this equity deal should be only for the first 8 caverns meaning that the potential additional 15 should come in top so as far as company valuation goes, I am not so sure we will know. Value is based on perception for the future not one equity deal based on the present. A good BoD, strong vision, project pipeline add more value for us shareholders. Would Tesla be worth more or less without Elon Musk? Amazon wothout Bezos?
Extraordinary yes, but let’s remind ourselves of all the positives - there are many. Good BoDs with skin in the game, more caverns, equity partner availability, potential Eu funding, strong on execution, strong vision +++. We have had an excellent past few weeks and one minor dip is just a minor dip. IMO, the writing is on the wall and patience will be rewarded.
Nice action later this afternoon. Am waiting for the normal pattern of a few low balled sells to come through. On the other hand a change in pattern would make the first glass of wine taste oh so much better. BTW, nice to meet many of you earlier this week and greetings from Switzerland!
Hi Dawski37. Are you referring to Bruce from Scotland or Bruce from Switzerland?
Typo. +41798562822
+41798572822
In the pub. How do I recognize you guys?
See you at the Chamberlain Hotel beforehand. Whatever plays out, it is sure to be exciting and by this time next week we will all know more. Onwards and upwards!
Nice last few days. One could say a bit overdue given the fundamentals, however as a believer of “slow and steady wins the race”, I am very happy indeed. Looking forward to the meeting next week.
As a LTH I fully subscribe to all the chats today and looking forward imo there is a lot of upside. Doesn’t matter to me what the speculation of NPV is - we only know a market cap at these level is low. Seems to be a great story and nice to be part of it. That being said, I found todays trading quite fascinating. Didn’t see any buys on here - quite a few sells - lower daily volumes, yet the price went up a bit from this morning. Really looking forward to the meeting next week to discuss and learn.