Member Info for MickR

I think the spotlight should now be turned on Macquarie Capital to come up with answers. As Malcy has said, Macquarie are about to earn their fee ....wonder what they are advising BPC.

I see they were last week involved in a multi billion dollar sale of an Australian company https://thewest.com.au/business/energy/santos-to-buy-quadrant-energy-for-29-billion-ng-b88936679z

Reading Scully12345’s posts, I tend to also think that there may be some deal to be announced with BPC soon...I oiled rather pay 2p than 7p a share as the risk reward seems very good.

This company has been on my watchlist since May 2018 when the exclusivity deal was announced but I never got round to buying in.

I see that the intitial exclusivity period was for 3 months which could be extended for another 3 months by the major. The major extended for an additional month but chose not to extend for another 2 months although it had the option to do so, leading to the current speculation that the company is dead, insolvent etc.

However, the company was in talks with other parties prior to the current exclusivity agreement which expires on 31 August 2018 and we cannot rule out the company entering into another exclusivity agreement with another party post 31 August 2018.

Also, we do not know why the major has opted not to renew the exclusivity period for another 2 months and we can only speculate until the reason becomes known.

It is good to read both positive and negative views. I think there is a lot going on behind the scenes and hence looking to buy in.

DYOR and good luck.

Another 1 trade...

Ebioss share price has just spiked after being 15% down this morning: https://www.google.com/search?client=firefox-b&ei=yORiW5SHHoaegQb-h6CYDw&q=ebioss+share+price&oq=ebioss&gs_l=psy-ab.1.0.0i71k1l8.0.0.0.3838.0.0.0.0.0.0.0.0..0.0....0...1c..64.psy-ab..0.0.0....0.AQCzRKD5Rs4

Eugene Whyms is the former CFO of Encore Oil, which was acquired by Premier Oil

https://uk.reuters.com/article/smallcap-encore/encore-oil-eyes-demerger-of-gas-storage-arm-idUKNOA52554820071025

Premier oil acquisition

https://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/8809071/North-Sea-oil-producer-Premier-bids-221m-for-EnCore.html

Encore was also into gas storage ...kerchhinng

We need more gas storage sites after the closure of Rough:

http://www.dailymail.co.uk/money/markets/article-6010159/British-Gas-owner-Centrica-floats-prospect-price-hikes-weather-energy-costs-bite.html

Rough closure was down to end of shelf life, it had operated for 32 years and it was no longer safe and economical to operate without complete refurbishment....

This simply shows the challenges INfA has overcome to get this far in its journey and the importance of the islandmagee site
https://www.ft.com/content/564a1ec0-8288-11e7-a4ce-15b2513cb3ff

Drums beat louder for gas security inquiry
https://theenergyst.com/drums-beat-louder-gas-security-inquiry

This is a comprehensive research note on INFA for people who have no idea what INFA is about:

http://tradeinsight.co.uk/infrastrata-its-finally-happening/

The SP has already increased more than 50% since the note was written last month...3p is only £30m market cap, we are currently sitting at £7m.

DYOR and a great weekend to you reading this.

Dinerios,

You made this statement “ as the SP will more than likely keep falling on Monday.”

Why don’t we see what happens on Monday shall we? If it falls, you have the laugh (and top up) if we get news, you may have to pay higher than what you sold at today if you wish to get back in...simples.

It could be the new director buying....if so, has all the hallmarks of a multi bagger coming. As eyeguy says, we should be at 1.5p to 2p already.

It looks like both were buys....£120,000 is serious money unless the buyer(s) know(s) something...

Looking good for next week folks...

Huge trades reported after hours.

Buys?

Amazing week for INFA. The journey to a proper re rate has begun.

£7m market cap versus £67m NPV and possibly more....director options at 1p.

Slow and steady...pleasant board with a few trolls trying to get a lower buy in price. Ignore them.

This is massive news for INFA:

https://www.cnbc.com/2018/07/25/europe-will-import-more-us-natural-gas-trump-and-juncker-say.html

Warrants RNS on 15 Jan 2018

For every two Placing Shares subscribed for, the subscriber will receive one warrant to subscribe for a new Ordinary Share at a price of 0.6 pence per share ("Warrant") and will therefore result in the issue of 62,500,000 Warrants. The Warrants are exercisable for one year at any time from Admission. Exercise of the Warrants is conditional upon the approval of shareholders at the Company's annual general meeting on 31 January 2018 of resolutions to provide authority to the Directors to issue and allot further new ordinary shares on a non-pre-emptive basis.

Directors options at 1p

The warrants are in the money as of today and I would not be surprised to see them being exercised in the coming days as the SP moves higher and higher.

Also interesting is that the company has spent more than £11.5m to date on the FEED project whilst its market cap is almost half of that.

I was looking at this company when the SP was sub 0.3p a few months back...happy to have bought in today and looking to add tomorrow as I feel a sale or financing RNS will see the Market cap of tens of millions of pounds.

Exciting times ahead.

Spud,

Thanks for that.

Looking to buy here. Can someone please clarify what the cash position is?

code 100 just gone through...whatever that means. I am a holder.

"The Company is not seeking to raise further finance at the current time as the Directors are of the
opinion that the Company has sufficient working capital to fund its developmental programs and its
operating expenditure for at least the next 12 months following the date of this document during
which time the Company will conduct a program of pre-clinical research with respect to Chemerin
and BAM-8."