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last message decided to close account been suffering from severe depression after family problems and recent suicide attempt. So sorry for negative posts. Got confused about baseline surveys from twitter trolls i am sure all i progressing and marine license will be granted . JW and team can and will deliver islandmagee project and shares will be many multiples of todays price. Sure all obstacles can be overcome please ignore the twitter/facebook trolls and me. i wish everyone on this BB all the best.
butch lesbian - good one. I will stay off this BB and hope JW does pull it all together. GL all.
just a realist, maybe being realistic about all my holdings helps me avoid holding onto losing positions once things go bad. lost 7k in INFA 3.3k of which realised when sold at .65p a while back. In think shareholders should not just use BB to hype stock. Sure i want INFA to succeed if project gets go ahead no reason cant see 2p plus but i think share price is not to low given risks.
Sadly i still hold 700,000 of these. I see EU are not supporting fossil fuel projects going forward. cant see SNIP getting funded. Marine surveys all being redone to comply with stricter marine laws apparently per DAERA then long review and new consultation process.Not looking good, I really cant see any reason the shares wont continue to fall.
Project Islandmagee if a very viable and potentially very profitable project but it is facing hurdles with Marine license. While many on this BB argue leaving EU is not an issue i believe it is. PCI status greatly helps the progress of getting the license. While we may still get the grant money from UK gov already promised by EU if they dont pay we will lose status of being a PCI project on leaving EU. This i believe will be great setback to getting approval.
Mkt sees this as desperate attempt to find new project. Mkt believes Islandmagee is non starter at best facing long delays, will not get marine license. So JW looking for diversions. Many Bigger companies have rejected FRSU project offshore UK. Why would INFA be successful when much bigger companies have rejected. Signing up Vitol achieves nothing unless have marine license. Only JW knows what DAERA are saying. Losing status PCI status when leave EU will greatly hinder attempts to get Marine License IMHO. i fully understand mkt reaction today. I hope this is not reality and that all is progressing but I am fearful for my shareholding.
no need for further interviews we know the strategy long term but until we have signed deals nothing to say. I am sure it is very expensive to employ Yellow Jersey for PR is this really necessary when we have no positive cashflow. Main focus needs to be Marine license and keeping shareholders informed of progress or issues. Sadly i think shares will continue to drift down below 0.5p until positive signed and sealed news is delivered.
Hi Snowman, i share all your frustrations unfortunately this is one of several bad investments i have made on AIM irs a learning game. JW comes across as being a decent bloke. But information given to shareholders has been very misleading. Very difficult to make any sort of investment decisions buy or sell regarding shareholding when we are being kept in the dark so much. I like you think Marine license will face many hurdles and problems and Brexit not helping. Locals are strongly against project and seem to have Councillors on there side. I suspect INFA have not allowed for changes to laws and protection zones since draft otherwise i think this would be lot easier. If these drag on for extended period project will be delayed substantially will offtakers and equity investors wait. Its a pity there is no other economic way of disposing of brine then protestors have little to complain about. I not selling anymore but unless we have more positive news or JW invests 6 figures with his own money then i will not be averaging down until Marine license all resolved.
Also hoping we will hear soon about new projects and these will be benefit share price. A show of faith from JW buying more shares would be welcome if he is allowed to do so.
Hi Speedy no i am not one of those nasty protesters - just read what they saying on facebook. Been shareholder since late last year. Unfortunately loaded up alot early in year on spike sold half and still have half, down 6k 3k of which realised. Want to believe JW will deliver but it is a difficult hold when deadlines keep getting missed and information is sometimes misleading. Hopefully my overweight Rockrose holding will help offset losses. Dont know ins and outs of whats going on with marine license protesters claim new protection zone and stricter laws since draft issued hope costain and JW have taken this all into consideration and that clarification re Marine License will be resolved soon then i think it will be full steam ahead. Good that we should be ok for refund of grants. I was hoping we would have had more news on equity investment i guess offtake needs to be finalized first.
Why tell shareholders we will get the 1.6m from EU within 8 weeks and then provide no explanation for sometime later this year. JW seems nice bloke but think he has been misleading shareholders. What concerns me is if leave EU on 30 October will the project still be EU project of common interest PCI. If not are the EU under any obligation to pay INFA anything including 1.6m and SNIP grant. Surely EU just stall until uk no longer a member then not pay. Cant see UK government contributing. JW also has not made clear current funding situation must be running out of cash soon. All very disappointing.re Marine license RNS implies all proceeding ok but protesters saying Daera spoksman told them all submissions have been returned to INFA as they require further updating . Not sure who is right re risks concerning getting Marine license which i feel is biggest issue holding back shares. No marine license may also be holding up offtake/equity discussions. Lots of over promising and under delivering and future very unclear.