Member Info for MrTriumph

Trojan
Its China that's also the problem for the premium car market, JLR?

Mr T

Earny,
Market Turmoil? I think the market has priced in already what is going on in Westminster, not very much either by the looks of it!!
Whilst the eejits in that place flap around like chickens with no heads or brains, the real people out in the real world just get on with their daily work and lives.
Some of the tosh that comes from that place is too dire even to discuss or contemplate, it's as if the lawyers and the gentry are so in love with themselves and they regard the people as complete and utter boneheads hat they now think they need to take charge of events to save us all from ourselves!!

Brexit meant Brexit to many and many millions but obviouslyy the elite think they know better!! we will see.

Good update here today but the key point still remains outstanding to my mind.

Mr T

Makes no difference what they were as they were all soaked up in a good volume day, be they buys or sells. Cracking consolidating day imo, and the sp rallied and held, good sign for the upcoming days and weeks, with no negative news on the horizon this I believe will start heading back up.
Now where is that financing news? Early 2019? Could be anytime?

Mr T

Dine,

You think it may drop to .06 in 2/3 weeks!!! what evidence do you base this assumption on?

Funny old share this?

Is it, if you have been following this share you will no doubt be aware that it has traded between .05 and .078 for long periods recently until just before xmas and into 2019. That was when some significant newsflow commenced, none more significant than the rns stating there are other intersted parties in coming to the funding table??
Funny old share, not really, purely reacting to what has already been released, what's in the pipeline and what is traditionally sell off and take your profits on a Friday after a nice run up in the previous trading sessions. I see nothing funny in that or anything which remotely suggests it will re trace back from whence it came? Unless of course you know something I don't?
unlikely I think.
Watch for the reversal on Monday and next week, by that I mean back up!!!

Mr T

People beginning to realise the importance of that RNS re new potential funder coming to the table?

As plain as day to me just what a positive sign that actually was, especially in the uncertain times we currently are in.

Nice rerate going on her, now nice and easy infa for the next few weeks before the all important news lands.

Mr T

snow,
that is exactly how I read it first time around. To have a last minute hold up because a new bidder came late to the table speaks volumes and also confirms there is much interest in the project. As I said if the earlier bidders are still keen to be involved then it may force them to up their offer and we could be into a very good from shareholders viewpoint, bidding completion. When this news first landed the mm's tried to put their negative spin on it by dropping the sp, they failed to attract a sell off though due to the period of trading and the fact that I suspect anyone reading that RNS holding thought the same as I did, it was only positive news.
Since then the sp has gone back up and I expect 1p to be breached tomorrow with no problem.
Exciting times for all holders of INFA stock at the minute as it is for the management team, who lets face it have been superb over this last 12 months or so..
Bring on tomorrow and 2019, I strongly believe it will be a success story for INFA and hopefully very lucrative for all current long term holders.

MrT

Some superb posters on this forum, again reminds me so much of the rely SXX days.

Keep it up folks and a Happy and prosperous New Year to you all.

Mr T

The news this morning demonstrates to me that many potential investors want a part of this project and today's news can only be excellent news for the company and in particular shareholders. To have a last minute scramble and a further off to consider is very interesting and could also force other parties into coming back with a better offer. It seems we may be into a bidding war here to initially fund the one part of the project. This may also reduce the debt to be raised in the long term. For me the sp should rise considerably on this once the dust settles.
I would usually be a little negative with any delays particular in respect of an aim company, as we all know these RNS's which include delay is usually a catalyst for a fall in the share price? However on this occasion I firmly believe this news is better than actually announcing the deal in Q4!

Mr T

Older,

Bang on, also reminds me so much of SXX, difference here is the build costs are much lower, SXX in the billions due to the design and works involved. I exited SXX just prior to the initial, planning consents being submitted, one of my better investments that one was!!

Mr T

Superb, bring on the next wave of news.

Have a good Christmas all, looking forward to a brilliant New Year with Infa, currently must be one of the best aim shares going into 2019.

Mr T

dvh
"The sml fundamentals remain strong i.e. profitable, cash in the bank, current drilling programmes funded from internal funds avoiding shareholder dilution and the BoD heavily invested (6% of company shares) with their next options at 5.5p. I still believe that 2019 is going to be the year of sml. gla"

I agree to a certain extent, but, and at the moment it's getting a bigger but! the cash in the bank position will only hold providing the Cobre cash flow is maintained into 2019, and as of now, we still have no firm indication that will be the case. Flowing on from that will be the funding of internal programmes from curent cash flows, should Cobre meet with any serious issues after the curent plan runs out then we will be looking at raising funds! to enable the company to continue with it's current schedule of works. One furher point, forget about options at the minute, they are a sideshow.
I'm still a LTH here but I won't be topping up at these prices for now, sit and wait to see what transpires in 2019.

Mr T

Well said Older, slowly but surely onwards and upwards.

Mr T

Nice end to a good week here. Markets winding down for Christmas now I sense, however I see another climb north next week here with hopefully some ground breaking news before 2019. Fingers crossed.

Have a good weekend all.

Mr T

Mitch,
In my experience it will revolve around what happens over the pond tonight??? that's all you need to look at and will tell you where the FTSE 100 will open up in the morning.
I do not think that the INFA sp is anyway linked to what happens on the main market in any case, AIM stocks are a law unto themselves so I will look forward to a small uplift tomorrow following the recent fall in the sp.
Friday usually equals, AIM stocks that have risen over the week A Fall on a Friday, ie profit taking, stocks that have fallen for no particular reason, an rise!!

Mr T

Mitch

"SP not budged since 14:46 ...stuck @ 0.69 - FTSE 100 down 224.47 points (3.24%) SP could slip below 0.63 tomorrow"

Can you possibly indicate where you have dreamt up 0.63 from? interesting that you are forecasting a 10% drop tomorrow.

Mr T

Piddly sells take the sp down!

Not surprised though as with all of my holdings at the minute all good news is a signal for a fall in the sp!!

You couldn't make it up lol

Mr T

Think this just needs some volume and we could be on our way!!!

Mr T

DVH
Welcome aboard. I was going to mention INFA on the SML board the other day but didn't as I would probably have been shouted down lol!!
Mr T

Luvvly Jubbly!
Bring it on.

Mr T

Shin,
The problem with juggernauts is they take up a lot of time, money and they tend to be huge!!
Problem, SML is a tiddler! it will take much capital investment to get any production even talked about at Redmoor, yes SML could sell part of it off, entice investors who may provide capital, essentially though you are looking at millions!

Lets concentrate on Cobre and LC for the time being, one up and running business producing cash and profit, the other should be relatively cheap and should be up and running on a small scale in the not too distant future. Redmoor is for another day at the minute.

Mr T