Member Info for MrTriumph

Mitch
I'm glad you like it
You are correct you are allowed your opinion but I suggest you do some homework before hitting that keyboard, your looking like a real numpty I'm afraid.
Less of the childish comments that shows a distinct lack of politeness.

Back to the horses now.

Mr T

I find it very concerning that we have individuals investing their hard earned cash on the stock market in particular the aim market when they do not even know the basic principles. To not know what the NOMAD does is quite astounding and shows a distinct lack of knowledge and understanding of market rules and regulatory frameworks involved.
I am however sure there are many instances of this, maybe there ought to be an introductory test brought in before allowing private individuals to invest on the market to demonstrate they at least have some minor understanding of what they are getting involved with, for their protection.

As for INFA as our captain tweets, onwards and upwards.

Mr T

Mcadder,
Always the case on the casino 888 market, slightest negative particularly as the shares have had a recent run up and the mm's will crash the price, exit weak holders, collect cheap stock and drive volumes up. It's a win win for them!

I'm baffled why anyone who is invested and is up to speed on what is happening sold in a panic today, they will sorely regret it!

From the RNS:
he initial application was submitted in a tight timescale and since the original submission InfraStrata has been working to refine its application and strengthen certain aspects. InfraStrata has also been informed that a further invitation for applications for the next round of funding will be received by the Company around March 2019 and the Company plans to resubmit its enhanced application at this time.

The Company's existing EU grant for FEED ("Front End Engineering Design") works for the Project is unaffected by the "grant for works" application and this decision. As announced on 5 December 2018, the FEED report has been submitted to the European Union in accordance with the Company's grant conditions and is in the process of being reviewed and audited. It is likely that InfraStrata will receive its final payment from the EU in Q2 2019 after this verification process has been completed

John Wood, Chief Executive Officer, commented:
"When submitting the EU "grant for works" application we were aware that we were working against a tight timeframe in the cycle for raising the profile of our Islandmagee gas storage project with the relevant decision makers. However, since the original submission we have continued to progress our case and are very well placed to resubmit our application in the next funding round. We continue to make progress on all fronts with the Project and the fact that our conversations are not conditional on any further EU assistance bodes well for the future."

These things are the norm for start up projects, and it's not as if that is it? the next funding round may well see Infa succeed. Therefore something to look forward to amongst the other news in the pipeline.

We have had some seriously negative news over the past few day's, placing, EU funding, warrants etc but was it that negative? Placing to keep the project on the current timetable and at the same time enhancing the value to Infa, warrants, keep feeding cash into the pot, and then today's funding news, but we are still in there for the next round!

This project will have setbacks but the positives outweigh these by some distance, for anyone doubting, look back to SXX and review the many setbacks they suffered, they got through them and are on the way to multi billion pound project!!

Smooth sailing for SS Infa for a few trading day's would be nice, the calm before the storm.

Mr T

Nobby,
It appears that Lurker's post was removed and the associated replies to that post with it!

I have no idea why or by whom, after all it was merely a bit of banter, no accusations, arguments, ramping or real de-ramping. All very strange!

Price climbed back up towards end of play, demonstrating that the sp is quite strong at the moment and is headed in only one direction ultimately, North Sir North!!

See if that's removed, lol

Mr T

Tidd,
Word on the street is that the whole £1.5m went to one party.

Seems you could be on to something there!! buying pressure building nicely.

Mr T

Mcadder,
I'm not too bothered re the placing as such but like you what pi**es me off is that certain people got to know and to make matters worse spouted it all over public forums. Talk about two fingers to the bodies who police aim well a more perfect example you couldn't find, a total disgrace.
I see where you are coming from regarding the equity, but bear in mind that the whole process has been put on hold since the new offer landed pre Christmas. That offer is obviously the better offer, otherwise the due diligence would not be going ahead. Therefore with other offers on the table already to actually defer slightly and then have to raise funds to be able to keep the project on track timewise cannot be anything other than positive to my mind. They have also indicated where these funds are going and they will enhance the cost of the project thus improving any funding offer.
There are always up's and downs in investing in particular on aim with junior company's, but the rewards can be significant if you hold long enough. I see infa as one of those opportunity's.
Mr T

Enough to keep the company afloat and to get us to where we are now.

Look it's not the placing that annoys me, it's the fact that some individuals appear to have known before any official news??

Once the market has chewed through these shares, onwards and upwards, a very small blip in the grand scheme of the project and where we want to be.

Mr T

Yes very annoying, not the placing but the fact that insiders knew beforehand. Should be investigated by the toothless FCA, but it won't be.
A good price and small dilution, and it has been spelt out what the funds will be used for, to enhance the value of the project. Six weeks to news on equity front, but these things take time and the right deal needs to be struck as this will be for the life of the project.
Mr T

Furthermore, this extract from the latest audited accounts:
The Group's cash and cash equivalents at 31 July 2018 were £1,790,979 (2017 - £1,548,169) including approximately £916,294 (€1,042,743) as the balance of the €1.6 million received in advance from the EU.

Since 31 July 2018, the following warrants have been exercised:

· On 24 August 2018, 10,416,666 warrants at 0.48p;
· On 29 August 2018, 5,833,333 warrants at 0.6p;
· On 29 August 2018, 4,166,666 warrants at 0.48p;
· On 4 September 2018, 4,166,666 warrants at 0.48p;
· On 29 November 2018, 18,617,666 warrants at 0.6p;
· On 6 December 2018, 333,333 warrants at 0.6p;
· On 11 December 2018, 1,049,000 warrants at 0.6p.
· On 14 December 2018 1,356,162 warrants at 0.48p
· On 17 December 2018 4,693,466 warrants at 0.6p
· On 2 January 2019 1,768,838 warrants at 0.48p
· On 3 January 2019 6,139,867 warrants at 0.6p
· On 3 January 2019 4,508,427 warrants at 0.48p
· On 4 January 2019 5,000,000 warrants at 0.6p

In total 68,050,090 warrants have been exercised, bringing the total consideration received for warrants exercised to £376,640.45.

So to summarise, cash deposits have been added to through warrant conversions which has brought in £376K. To conclude therefore I cannot see any need for a placing at the current time.

Mr T

Mr T

Mcadder,
Yes I know, then again everyone is right some of the time!!

I would be very surprised if there was a placing at this stage of proceedings, the cash has been coming in following exercising of warrants, therefore in my mind no need to fund raise now. Why would they need to? Also the current negotiations regarding project funding will be at an advanced stage so I wouldn't have thought working capital funding would at the moment be a priority! as long as they have sufficient for day to day costs then that will suffice.

In any case a small fund raise would not be too detrimental, it could be at today's sp , could be lower, could be higher, who knows, that's the beauty of aim!! 100 mill at say 1.25p! the company is not going to go cap in hand for cash at this stage of proceedings is it! far too advanced in the project. Some get too hung up surrounding funding, yes if the company is looking for cash because they are potless, still looking for that oil/gold/tin or whatever, desperate stuff and all that, placements are a real ball ache, or can be, but in this case I wouldn't be at all concerned.

This has been flagged up on this board recently, and now we have it again, it's scaremongering, or someone is posting stuff that they shouldn't be, and it is illegal!!! You see all of the time on all aim boards day in day out. These posts should immediately be removed by admin because no one should know anything about such things and therefore they should not post such nonsense.

Mr T

Mcadder,
Very well said, I see that previous post got removed!

Should have finished blue today by all accounts, seems as if any large sells have dried up and buying is outstripping selling. Just need a bit more volume and we will be past the 1.50's in no time at all.
Watch for the rise again on Friday assuming no news tomorrow or Friday early doors.

Excellent article posted earlier today, news is spreading and momentum is building.

Mr T

Si
Welcome and all I can say is if you have been in this for 7 years you can say whatever you feel appropriate.
That is a very long time to be invested in a single stock with no reward. Hopefully you will see some reward not in the too distant future.
I was a long tome poster on iii, not on the infa board but various others, however following the changes over there I can no longer follow what the heck is going on, the site is a very poor one now from my perspective which is a shame as there were many very insightful posters over there back in the day.
This board is one of the most civil boards on LSE, so I don't think you will encounter many problems.

Mr T

Mitch,
I wouldn't get too hung up about options and remuneration at this stage. If you look at the latest audited accounts you will see the remuneration for executive directors is quite low as it should be with a loss making start up. See note 6 to the accounts. AP was the main earner in those last set of figures. Options are a way of forward remuneration for the people responsible for the hopefully future success of the company. This is all quite normal with a junior aim company and not something that overly concerns me. If the company is successful then it's shareholders will be the main beneficiaries in particular the ones that are long term holders. For me this is what it is all about, as it always is find a good stock with a good project, appears to have a good team at the helm who have delivered on a timely basis. The sp is going in the right direction slowly but surely, and if as expected the newsflow over the next few months is positive then you will see the sp respond in spades. It is then up to individuals of when to take profits or whether to hold for possible larger gains. Remember though as with all aim stocks, the sp will peak at some stage and then fall back. I'm expecting a significant uplift if the news is as good as it appears it may be!! but it may not be, it's always a gamble in the aim jungle.
One aspect I wouldn't be looking at or concerning myself with at the moment is dilution? That is something you can never predict or plan for imo.

Good luck.

Mr T

Yes overall a good end to an interesting week.

I didn't quite get my prediction of 1.7 but I was in the correct direction.

Next week maybe? getting closer to the next piece of news so should see some momentum next week.

Have a good weekend.

Mr T

Older,
Very true, here's something which could make me look silly end of play tomorrow, I expect a rally tomorrow back to 1.7 levels, theory, fall back during the week, uplift Friday anticipating news on Monday, the old adage, you won't want to be out over the weekend. One proviso, there is no significant news in the morning.
This scenario very happens on aim, rise during the we,, fall on Friday, fall during the week be it small here, rise on Friday. Also very true of a company with positive newsflow in the background.

Mr T

Well an interesting day, price holds steady until after lunch and then collapses!! but then held again. Looking at the trades today buy's way ahead of sells so are we awaiting a late declared sell? or sells?
Otherwise usual aim shenanigans, although to be fair the sp probably got ahead of itself on the back of no news, therefore a small correction is expected before the next leg up. Good volume day again though which is just what is required. I expect tomorrow to be quiet and if no news then Friday we could see another rise before the weekend in anticipation of news on Monday.!! let's see.

Mr T

Radders,
Agreed I'm also no expert just stating the obvious that that trade cannot and should not be misreported.
I guess we will see tomorrow, should the price gap up again into the 2's then I suspect it was a buy. Think about this, if a sell order of that magnitude was actually placed and executed then surely the price would have retreated and certainly not jumped as it did early doors? On the other hand I can see why some think it was a sell as the executed price was not over 2p?
Tidd what are your thoughts?
Anyway either way it was soaked up and the price at the end of the day remained in positive territory therefore all the signs here are good.

On another point, the so called experts in the City predicted that if the brexit deal was defeated heavily the pound would fall significantly? The deal was defeated heavily, more than anyone predicted, the pound rose? Food for thought regarding the so called experts who traditionally get everything wrong!?

This share now reminds me more than ever of the early SXX day's, I was in that from 2p riding the up's and downs to 30p before the initial planning decision was decided. I sold just before that decision in the mid 20's because I sensed the first planning application would be rejected, as it was. Still a wonderful project nonetheless which will succeed as I hope it does.

Mr T

I can understand the reporting of trades sometimes being incorrect due to timings, ask/bid etc being very close. However I cannot accept that huge trades such as the one that popped up today being incorrectly reported. That size of trade would have had to have been worked through during the day's trading and the time of the trade may not be the time it was executed, it could be the time the trade was placed?
If the trade had been executed at that precise time then why a delay in reporting it? the delay is due to a trade of that size being dealt with in the background and it may also explain why we had three price extensions in particular in the early hours of trading, first at 9.00am final one 11.00am!!
Just my thoughts as I say, I can't see any way in which a sizeable trade such as that could be misreported?

Mr T

Tidd,
You have been quiet of late?

This has been an exciting run over the past few weeks and I think difficult for the mm's to get a handle on where we are going, hence the p/m extensions today. The sp then seemed to settle for most of the day again showing up at the close. I agree the same happened at 1.5p tried to break several times without success then finally pushed through. There wil be people taking money off the table here along with initial investments etc to de-risk but the good news is, more buyers are coming in to mop up these shares. What we do not want however are too many day traders, that causes too many spikes abnd then the inevitable collapse!
However I believe we hacve a different scenario here, as you say, news front is stacked and from what we know it's stacked with what can only be positive news. However it all depends on where the sp is when that news starts to arrive and what the market feels is a true valuation based on solid news?
So steady as we go the higher we can get pre news then that could certainly lead to a charge much higher, caution though as that could also lead to larger fall if the news does not live up to expectations. I believe it should and will based on the information currently available, but as we know, individuals need to watch carefully.
I've not sold any as of now, however I will review on a daily basis.

Mr T

https://aim-watch.com/articles/price-monitoring-extensions-explained/