Member Info for mcadder

Thanks MadStork appreciate your reply it certainly helps to clear things up for us lth's here :)

Crl and Setanta sounds like you both have a lot here but re L&G where did you get the 42M from? Last holdings RNS they issued back in Oct with the last placing showed them holding 31,975,000 or am I missing something here?

So that means the last 3X 11,666,666M trades have been placee transfers so perhaps L&G haven't sold out after all?

Let's hope your right Setanta that the 2 large buys are by the same person I mean 20m alone to one buyer would require a tr1 - talking of which when you said earlier that you run the risk of overtaking the Bradshaw's with your holding does this mean we can expect a tr1 from you soon lol :)

Setanta - bearing in mind that Infa will have 621m shares in issue from tomorrow it will be interesting to see if the Bradshaw's do a tr1 notification as a result. If they haven't bought anymore they'll tr1 as it will take them below the 4% mark with 21.3m (3.42% I make it). If they have bought more (depending on how much) we may not get a tr1 at all which will confirm they in fact have if that makes sense.

Obviously I wasn't there but it was commented on the professionalism of the new bod, they are an asset to Infa. It sounded like there was a strong desire to see this succeed. I think once funding for the FEED is confirmed which imo will be pretty soon due to timescales involved, everything else should fall into place and it will mark the start of regular newsflow imo.

2 10M trades just turned up from earlier.................... 15:38:10 0.30 10,000,000 30.00k 15:37:59 0.299 10,000,000 29.90k

I didn't attend the AGM but heard some very positive comments from those that attended. I have to say I have no cause for concern here with Infa going forward from here. Like I said last week if it's correct that L&G are out it doesn't worry me this project will succeed with or without them holding here. Like crl said look at what happened shortly after L&G bailed out of Trin around 2p then it subsequently rallied all the way to the 18p mark last year. L&G will not know anything more about what is going on behind the scenes than any of us do so it won't be a reflection of Infa itself. If it's true then the Bradshaw's will become the largest holder assuming they haven't sold any!

Good RNS this evening - key points of Chairman's statement.................................................................... ▪committed to taking the Company forwards and completing the necessary actions to commence the construction ▪must thank our Shareholders for their patience. We now must take this Company forward. ▪indisputable need for the Project - believe that Islandmagee can be the central energy hub providing the energy resource to help 'keep the lights on' ▪Islandmagee will therefore not only provide Shareholders with a return on their investment but also importantly to provide security of energy supply ▪aims to be one of the most cost-efficient boards on the AIM market. Ongoing salary costs have been reduced by over 50% ▪many major international organisations that wish to participate in the development of the Project. ▪created strong relationships with existing and newly interested parties and intend to build on these to deliver financial close for the FEED programme in the near future. ▪We look forward to a positive year for the Company.

I know I commented on the 2.3m trade at 9.47 showing on nex

Setanta good move you must be catching me up now with your holding in Infa lol

.33p paid now :)

2.34m buy even

2.34m but just gone through @.32p on nex at 9.40 :)

I don't see an issue here anything that threatens security of supply to Ireland will always help the case for Infa - just because a contract for part of Ballylumford power station hasn't yet been renewed doesn't mean we'll suddenly cease to have the SNIP, a power source or pressure reduction station. The SNIP is a critical supply of gas to Ireland considering 60% of gas consumed comes from the moffat interconnector so I see no issue whatsoever for Infa.

https://uk.mobile.reuters.com/article/domesticNews/idUKKBN1FI001 .....................................................................................UK risks higher energy prices, supply shortages from Brexit - lawmakers Reuters Staff LONDON (Reuters) - Britain’s decision to leave the European Union could lead to higher energy prices and energy supply shortages if the exit is not managed properly, a report by an upper-house parliamentary committee report said on Monday. Britain imports around 5-6 percent of its electricity via power links with France, Holland and Ireland, while around 40 percent of the country’s gas supply comes via Norwegian and European pipelines. “This creates the potential for higher energy bills, and leaving the EU could risk supply shortages in the event of extreme weather or unplanned generation outages,” it said.

Haha cheers mate - I think a few including yourself may accumulate further here this week - incredible value and now placing is behind us this should head back to the 0.45p level very quickly. Newsflow to begin this week imo

Think my calculations were slightly off on earlier post! Taking into account LNG converted to it's gaseous state would still require over 6 tankers to fill up Islandmagee....as spud said to hire just one LNG tanker would cost over £17m a year so investment in gas storage would be money well spent!

@AnnRobinson8 29m Replying to @taylorkeogh, @beisgovuk, and 2 others "Why do we need to build expensive storage when we can park a tanker loaded with LNG as back up." - In response to today's article in The Telegraph.....she obviously has no idea here! An LNG tanker has a capacity of 143,000 cubic metres - you would need 3,500 tankers equivalent to the 500mcm capacity of Infa and 160 tankers sat around to compare to it's daily withdrawal capacity of 22mcm ffs! Expensive gas storage? I don't think so!

http://www.telegraph.co.uk/men/the-filter/moscow-out-manoeuvring-west-becoming-real-threat-stability .........................................."Yet the minister does not fully grasp Russia’s strategic priorities in Europe. Russia doesn’t seek to kill the golden goose – it wants to see it fat, indolent and weak. In essence, Russia wants to see Europe and the UK’s dependency on its oil and gas grow. It currently supplies a third of the EU’s gas and oil imports, including a growing proportion of Britain’s."................the issue of security of supply will continue to dominate debate for more gas storage and finally it looks like the UK govt are starting to acknowledge the issue.