Member Info for mcadder

Yep spud I'll second that well done Infa! Everything lining up perfectly the bod are clearly pushing ahead with the FEED in preparation for construction!

21 May 2018 InfraStrata plc ("InfraStrata" or the "Company") Technical Appointment The Board of InfraStrata plc (LON: INFA), the UK quoted company focused on gas storage, is pleased to confirm an additional technical appointment to further strengthen the Company's operational team as work on the Front End Engineering and Design ("FEED") is fully underway. To support the Company's FEED work programme, Infrastrata has bolstered its team by appointing a Specialist in Salt Cavern Gas Storage, Evan Passaris, in relation to the subsurface geological element of the works. Evan Passaris, a Chartered Engineer, is a Technical Director with Atkins' Ground Engineering Division. Evan has more than 40 years of international and UK experience in engineering consultancy in underground gas storage, rock mechanics and geotechnics in general, with his niche being salt cavern storage developments. Evan has worked on a substantial number of projects and is regarded as a subject matter expert in respect of salt caverns. The Board believes that his direct involvement in similar schemes with similar geology makes him ideally placed to provide advice on the Islandmagee project. The Board believes that utilising Evan at this stage of the FEED should allow for the geological aspects of the FEED to be de-risked further in the coming months. Graham Lyon, Chairman of InfraStrata plc, commented: "It is a pleasure to have Evan on board to assist our team as work on the FEED accelerates with Costain and DEEP KBB. Evan's extensive background will add a great deal of value to our design and studies as we look forward to preparing for the construction phase of the project."

( continued ) .......................As coal continues to be phased out, gas becomes ever-more important for electricity generation, as well as heating. Maintaining this flexibility and the ability to cope with unusual weather is as critical as ever. ............ https://drive.google.com/file/d/1tSB0vmpeWwkiGsvw-FbVOzzXtTAjzbU2/view?usp=drivesdk ........... The cold spell saw the return of ‘king coal’, which reverted to being a baseload generator. Coal operated solidly day and night for a week as high gas prices made it briefly more economical. The system would likely have coped without this coal. 12–19 GW of spare gas capacity was available, albeit at a high price. While this means we were not short of capacity, if the extra coal output had been met by gas, it would have consumed around an extra 6 TWh of fuel – more than was available in storage by the end of March. More coal units are going offline as Britain moves to a complete phase-out by 2025, meaning this source of backup and flexibility will not be available for long.

https://www.imperial.ac.uk/news/186331/wind-produces-more-electricity-than-nuclear ................ Imperial college London news ............................. by Neasan O'Neill 15 May 2018 .......(key points on gas from the article) .............................................. The UK ran critically low on gas during the cold weather, coal power stations took over from gas in providing the bulk of electricity demand, and the country’s interconnectors both helped and hindered system security during the cold weather. “For me the report shows just how complex our interconnected energy system is,” says Dr Staffell, “There are critical questions about resilience and security of supply, which thankfully are becoming easier to answer through data coming out of projects like Electric Insights.” The report is the 7th Electric Insights report, part of a series commissioned by Drax Group. Dr Staffell produces the report each quarter in conjunction with other experts at Imperial College London. https://s3-eu-west-1.amazonaws.com/16058-drax-cms-production/documents/180514_Drax_Q1_Report.pdf 2. Running low on gas The cold weather in March not only affected the power system, Britain’s gas network was also stretched as demand outstripped supply. ................................................ The shortage was partly due to unusually high demand for gas during the cold weather (see chart below). Five in six of Britain’s homes and offices are heated by gas.1 On the coldest day (March 1st), daily gas demand spiked to 4,600 GWh, a level not seen since 2010. For a sense of scale, the extra gas demand due to the cold weather was comparable to the entire country’s electricity demand. A further worry for the gas system was the historically low levels of gas held in storage. This was not helped by the cold weather coming unusually late into the heating season; gas in storage is likely to be at a greater level earlier in the winter months. Last year, Britain’s largest inter-seasonal gas storage site (Rough) reached the end of its economic life, and was deemed unprofitable. It discharged for the last time over winter, and was finally emptied by mid-January. ........................................................... https://drive.google.com/file/d/1hsPZa3awFhxtX7Sn5O1N9oHci3TrogUk/view?usp=drivesdk .......... ................................................................................. The amount of stored gas is at its lowest since 2010 (see chart below). In the week surrounding the Beast from the East, 26.7 TWh of gas was consumed, 8.4 TWh of which came from storage (see the sharp dip at the start of March). In comparison, total electricity demand in that week was just 6 TWh. The ability of the gas system to accommodate significant swings in energy demand over daily, weekly and seasonal timeframes is one of its major strengths. As coal c

Vallar - no problem....Infa is a ridiculously cheap buy at this level bearing in mind the recent contract awards allowing FEED commencement that essentially took years to achieve and only under the recently elected new bod!!! The short term SP target here is 1.5p to 1.6p! So much potential news flow to come here it won't stay at 0.44p for long imo....

Project of Common Interest/Cluster of PCIs Description of PCI/s relevant for the country concerned Priority corridor 5.1. Cluster to allow bidirectional flows from Northern Ireland to Great Britain and Ireland and also from Ireland to United Kingdom including the following PCIs: 5.1.1. Physical reverse flow at Moffat interconnection point (Ireland/United Kingdom) 5.1.2. Upgrade of the SNIP (Scotland to Northern Ireland) pipeline to accommodate physical reverse flow between Ballylumford and Twynholm 5.1.3. Development of the Islandmagee Underground Gas Storage (UGS) facility at Larne (Northern Ireland) 5.1.1.: Physical reverse flow at the Moffat interconnection point, which is currently uni- directional, supporting forward flow only from UK to IE, the Isle of Man and Northern Ireland (onshore). The planned capacity is 38.5 GWh/d. Gas WEST

Despite recent gas storage injections further recent use of gas storage stock's according to this graph have reduced available levels to around 3,500 Gwh .................................................................................... https://drive.google.com/file/d/1dJha9q3vs270ygoCpT0f30P3BrXhG0ZQ/view?usp=drivesdk .................................................................................... With Rough to have completely depleted it's remaining cushion gas by next year Infa needs to be built and built fast imo.......

http://peakoil.com/publicpolicy/trump-gives-merkel-an-ultimatum-drop-russian-gas-pipeline-or-trade-war-begins ..................................................... Page added on May 19, 2018 Trump Gives Merkel An Ultimatum: Drop Russian Gas Pipeline Or Trade War Begins Trump Gives Merkel An Ultimatum: Drop Russian Gas Pipeline Or Trade War Begins thumbnail It became clear just how important it is to the US for Russia’s Nord Stream 2 gas pipeline project to fail two months ago when, as we described in “US Threatens Sanctions For European Firms Participating In Russian Gas Pipeline Project“, the U.S. State Department warned European corporations that they will likely face penalties and sanctions if they participate in the construction of Russia’s Nord Stream 2 on the grounds that “the project undermines energy security in Europe”, when in reality Russia has for decades been a quasi-monopolist on European energy supplies and thus has unprecedented leverage over European politics, at least behind the scenes. Should Europe fold, it should expect a surge in energy inflation: Liquefied gas from the U.S. needs to be shipped over the Atlantic and would be considerably more expensive than Russian gas delivered via pipelines. A senior EU official working on energy regulation said Russian gas would be at least 20% cheaper. ................................................ https://www.zerohedge.com/sites/default/files/inline-images/0_D3XdNzot2L0n2CC2_0.jpg

Here's the link for the recent interview of Infrastrata's CEO on LSE for those that haven't yet seen it and a brief summary of the interview itself............................................................................ https://youtu.be/mVUcuxX700Y .......................... .................................................................................... EXCLUSIVE: Energy security underlines value in InfraStrata NI gas storage project London South East 478 views SUBSCRIBED 50 Published on 26 Apr 2018#INFA. InfaStrata is the only AIM-quoted company entirely focused on gas storage , with it's potentially £300M salt caverns storage project in County Anetrim, Northern Ireland. CEO Adrian Pocock sees inherent value in the project because of the urgent energy security need for gas storage facilities inside the UK , and sees strong Government backing for the scheme. He thinks the shares are currently undervalued therefore. Costain have just been commissioned to build the surface infrastructure and after 11 years the project is finally working to deadlines. Category Education Licence Standard YouTube Licence

Interesting read - some key points ........................... http://www.engineersjournal.ie/2018/05/15/irelands-future-natural-gas-supply-well-connected-island ................................................................................... Ireland’s future natural gas supply: How well connected is the island? 15 May 2018 With Corrib due to run out, coupled with rising demand, the question arises: do we need another source of gas, or are the current interconnectors more than capable of providing all of our natural gas needs for the foreseeable future ................................................................................... Introduction In September 2017, the supply of natural gas from the Corrib Gas terminal was interrupted due to a fault in odorising system. In order to maintain public safety all gas users in Galway and Mayo were asked to stop using natural gas and the flow of gas was reversed so that the unoderised gas could be flared at the Corrib terminal. This incident highlights an important question: How secure is Ireland’s gas supply? ................................................................................... A secure supply of natural gas is crucial for Ireland’s power generation system. Up to 85 per cent of electricity is obtained via gas during some peak winter days, when renewable electricity is not available. ............................................................... with an increasing trend of gas consumption in Northern Ireland of 2.3 per cent annually and 3.5 per cent per annum in the republic, the maximum operational limit of the Moffat IC1 and IC2 interconnectors could potentially be reached by the late 2030s, when pipeline velocities exceed 15m/s and the exit pressure is approaching 20Barg. For Ireland’s requirements beyond 2025, reliance on a single source of gas is not ideal for energy security or gas market competition. The continuing Brexit negotiations and the uncertainty of what the future final outcome will look like (Deane, 2017), highlight the importance of diversified gas sources.

If we get updates that the FEED is progressing to plan, on time, on budget etc along with decent PR then absolutely 1.5p is realistic. Additionally with years of SP erosion with the market having priced Infa to fail the SP will, one way or another realise it's true value as investor's see that finally this project is no longer a pipe dream. So 3p by next year is also a realistic target if by then negotiations on funding for the construction have been successful. In between now and then there also remains the prospect of one or more buyers bidding for Infa once the FEED has been successfully completed. Either way a buyout of the project or full development under the existing bod would be great news for shareholders. Not often we get to be invested in an AIM listed company which is deemed potentially as a strategic asset of national importance! Despite what some critics say and the govt there still remains a security of supply issue for gas in the UK especially at times of peak demand. Remember the cold weather, gas outages, pipeline cracks, gas hub explosion, gas deficit warning and surge in demand? It wasn't that long ago and it may be prudent to remind investor's that we came within 2 days of completley running out of gas in storage! Gas accounts for at least half of total electricity generation and tonight is running at 60%!! ........ UK Gas UK Gas @UK_GasEnergy · 1h UK National Grid: #Gas is currently generating 19.26GW (60.53%) out of a total of 31.82GW ........ With no gas storage at all Ireland, the Gas to the West expansion programme in Ireland and the construction of Belfast power station only 8 miles from project Infa it doesn't take a genius to see that this storage facility is badly needed. Infa could massively boost security of supply to Ireland and the new power station. Infa's location is totally unique - it is to be situated right next to the SNIP, will be capable of reverse flow to the UK as well (the reverse flow aspect also being listed under the PCI scheme) and is in the only location in Ireland where there exists Permian salt suitable for safe secure storage of gas on a commercial scale. It's ease of access by sea could also make it an attractive proposition for LNG tankers to bring LNG gas to the facility. Infa is also the only storage project to be PCI listed, qualify for an EU grant AND qualify for the government guarantee scheme. Finally if we look at who the bod have managed to secure contracts with - Costain and DEEP Kbb - A big company like Costain would not get involved here for just the FEED....seems they may want to be fully involved in the construction. As for DEEP as per my previous post last night they have a fantastic reputation and extensive experience in construction of salt caverns for storage. Just a case of joining up the dots here folks.....gla :))

I think keeping the faith here has become a little easier recently what with the recent milestone updates. This really is just the beginning of the unfolding story here and I agree Presto - 1.5p definitely on the cards by this summer. Nicola Duke also believes this could hit 1.6p with positive newsflow....

Vox Markets Podcast Vox Markets Podcast @VoxPodcast · 1h #INFA @InfraStrata_Plc had 1 of the most liked RNS’s on @********** over the last 24 hours. See the top 5 list here> Read this blog post at Vox Markets. Top 5 RNS Of Last 24 Hours On Vox Markets **********.co.uk

Good one Presto - maybe just maybe we'll get a little Infa rally this afternoon?

Vox Markets Podcast @VoxPodcast · 21m It's a Friday and we're about to go live on our Facebook page with @NicTrades looking at the charts of Anglo Amerisur #AMER Cora Gold #CORA Echo Energy #ECHO Infrastrata #INFA Mkango Resources #MKA> (link: https://www.facebook.com/**********/) facebook.com/**********/

Bouncing back right on cue .....wonder how many shorts have been closed today I bet there were a few lol

No need to worry here this will bounce back soon enough risky imo at this point taking profits with so much upside - always the danger of having to buy back in higher but can't blame anyone for taking a profit

spudtheplumber🌟 @spudtheplumber · 57m Good job @InfraStrata_Plc #Islandmagee #gasstorage project is moving forward with contract signed with sub surface contractors! Could be a very important part of #securityofsupply for #belfastpower Ciaran Devine @mrcdevine Great to have the chance to discuss the importance of the new Belfast Power Station Project with the Secretary of State Karen Bradley this morning at @IoDNI @QUBRiddelHall Thx to @kirstygem for organising @EvermoreEnergy @soni_ltd #energy #infrastructure ------------------------------------------------------------------------------ Interesting that the expected completion date for Belfast power station could be just in time for the Infa project to help boost security of supply. Coincidence?

In a nutshell yes - the FEED being the design stage to confirm commercial viability prior to full construction. I would imagine the sub surface part of the FEED will use previous seismic data and perhaps core samples taken previously to help complete the FEED phase? Presto I completely agree re the SP of around 1.5p by July/Aug and 3p 2019.

Utilitywise Insights @UTWinsights · 8h Long-term seasonal #gas contracts resume their upward rally after a brief pause yesterday. At over 63.5p/th, the Winter 18 contract is close to highs last seen in Summer 2014. .................................... https://mobile.twitter.com/UTWinsights/status/997047321727852545/photo/1 ............................... Utilitywise Insights @UTWinsights · 8h Day-ahead #NBP #gas prices rise to a two-month high at 57p/th - strong IUK exports, very low #wind and below seasonal-normal temperatures have increased forecast demand for Friday as UKCS outages continue to disrupt supply. Day-ahead #power prices also hit two month highs at £56/MWh, having jumped 8% since Tuesday. #Wind output is forecast at under 1GW on Friday while higher gas, coal and carbon prices have raised the cost of fossil fuel generation. ............... https://mobile.twitter.com/UTWinsights/status/997042212939681792/photo/1 ............................. The long term trend for gas prices certainly seems to support the need for Infa to help reduce gas price volatility and bolster security of supply. There is also a lot to be said for having physical security of available supplies of gas which gas traders would rely heavily on especially during times of peak demand.