Member Info for schlemiel

I'm aiming for 2p ( in under 6 months or so assuming positive news-flow) and that will give me around £100k give or take a few quid. I reckon there's 2p in this, in time. The CGT would prove onerous though such a payment would be some way down the line

Those warrants are definitely the fly in the ointment but there's nowt to be done...decent news should mitigate their impact going forward

I think someone on ADVF-HEN stated there were around 175m left to exercise. With really good news that should promote the demand for stock, a home should be found quite quickly for them. Someone's gotta buy them!

It's all about the EU's push for member state's security of supply and inter-connectivity.

It's important to understand how connected (elec and gas transmission) the island of Ireland is today and this will continue. I-SEM comes into force in October which means Ireland becomes one transmission network rather than two. Gas will follow. The aim is to create a whole island of Ireland energy network. Storage is critical to that. LNG is simply another piece of the jigsaw to achieve security and inter-connectivity

Since we already possess PCI status this funding and access to other forms of funding will continue even after the UK leaves the EU (whatever that may mean).

The EU's aim is to create a completely connected energy network. Ireland, being on the edge, becomes a priority for PCI funding

I believe the EU doesn't even recognise the Ireland-Northern Ireland border in a physical sense. They see it merely as a political barrier

The EU's aim is to tie-in the island of Ireland and the UK into an all encompassing energy entity.

Security of supply will be crucial as the EU becomes ever reliant on Russian gas. Putin won't be around forever. God knows who could replace him. Think long term and how important storage will become

US LNG may become important but when Asian prices are high shippers will transfer supply over to Asia (India, China etc) away from Europe. It's not all plain sailing when supply becomes stretched and prices start to rise

https://www.solutionmining.org/assets/docs/BelfastFall2018/List%20of%20Papers%20BELFAST%202018F_%2024%20%20JULY%20PRELIM%20post.pdf

HTTP://www.solutionmining.org/assets/docs/BelfastFall2018/List%20of%20Papers%20BELFAST%202018F_%2024%20%20JULY%20PRELIM%20post.pdf

This is packed with presentations about gas storage, oil storage and cavern storage -

I'm intrigued by this now. Why Belfast? Many US based companies presenting as well. Ireland LNG expansion?

WSP is another storage caverns constructor - a great find that link..

momentum building..join those proverbial dots

Silver sponsor

http://www.agapito.com/underground-civil-engineering/

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http://www.sabinestorage.com/

The bronze sponsor (above)-

SSO is a Houston-based engineering company.
We focus on the development, maintenance, and operation of underground storage facilities for liquids and gases, and disposal of waste.
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MIT's
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Compressed Air Energy Storage (CAES)
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and so much more...

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I'm a gentile by the way but I do like Jewish humour and their approach to life. Jews are, let's say, fatalistic. Well, that's how I see them anyway. All good people

Shlameel - it's Yiddish for idiot, of which I am one. A 24 carat gold idiot :)

https://www.europeangashub.com/wp-content/uploads/2018/08/IAE_Natural_Gas_Energy_Security.pdf

The IAE is a lobbying group amongst other things and this report from July 2018 gives a great insight into the issues of Ireland (island)'s gas supply and storage with a couple of references to Larne (Islandmagee)

Jemena's got a pretty good idea about what's contained within at Beetaloo otherwise these pipelines plans would remain out of the public arena

http://gmo-ni.com/assets/documents/GMO-Launch-Event.ppsx.pdf

Is this JW on page 9 at the GMO (NI) official launch?

an aside :-

John Wood
‏ @JohnWoo64494325

No bank holiday for the team, Germany bound for a progress meeting with our Sub surface FEED partner DEEP KBB. #INFA
11:04 PM - 26 Aug 2018

Surely if warrant holders believe there's more good news to come then it would seem rather silly to exercise their warrants now and sell their stock into the market at the current price?

Who are the warrant holders and how do these holders perceive future news-flow?

Cheers fella. I thought i'd spotted another 'pointer' then.

She was at the project site last week. She's the CEO of IMSL but also the Community Liaison Consultant for a Community Trust.

'A commitment has also been given by IMSL to set up a Community Trust. Upon receipt of full funding of the project (i.e. the final investment decision) the company has given a unilateral undertaking to invest £1.3 million in local community projects over a 9 year period.'

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I wonder? Does Tweed's attendance last week infer that project funding's 'in the bag' so to speak?

Just reading between the lines in the absence of concrete information

People need to understand that THIS IS NOT A NEW PROJECT. Now there is the political will and backing from all official agencies (UKG, EU and IRE-GOV and NIRE-GOV)...all systems go

The gas project itself has been in an 'active' state since god knows when (2010?) so you would think the company has in its possession a mass of information regarding its design, commercial viability and its purpose. The only thing missing is talented, focused management and funding. All else is in place. The original development plans are probably in storage somewhere waiting to be resurrected!!

People need to understand that IS NOT A NEW PROJECT.

Other gas initiatives

The Department continues to support initiatives to provide gas storage in Northern Ireland and there are current proposals to develop an underground storage facility below Larne Lough in East Antrim.

The Department is also working closely with the Utility Regulator and the natural gas industry on gas market arrangements, ensuring that EU and UK energy policy and legislative requirements are delivered in Northern Ireland. Gas market activities also include promoting greater retail competition where this is possible, and to provide further extension of the gas network where it is economically viable.

There is also significant liaison with the Department for Business, Energy and Industrial Strategy in London and the Department of Communications, Climate Action and Environment in Dublin in relation to a range of gas market issues, including security of supply.

https://www.economy-ni.gov.uk/topics/energy/gas#toc-0

https://www.independent.ie/business/irish/long-delayed-500m-gas-terminal-on-shannon-estuary-back-on-after-deal-struck-37248932.html

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'Planned liquefied natural gas (LNG) projects in Ireland can create fossil lock-in for Green Island

The Shannon LNG Terminal is proposed to have a final maximum capacity of at least 10 billion cubic meters (bcm) per year. This would equal the current proposed annual flow capacity of European Union’s most ambitious gas project, the Southern Gas Corridor, and supply Ireland’s fossil gas needs twice over.

The Cork LNG Terminal is proposed to have an annual import capacity of up to approximately 4 bcm of gas.

Both terminals would import fracked hydrocarbons from the United States and could be used for passthrough to the EU – instead of simply fulfilling domestic energy demands.

We can say for sure that the Shannon LNG terminal is part of a cluster of gas projects of the so-called European Projects of Common Interest, that could be subsidized with public money. At the moment, Ireland can only receive gas from the UK via the Moffat interconnector point in Scotland, but it cannot send gas to the UK.

The Shannon LNG terminal (or, alternatively, the Cork LNG terminal) would be used as an entry point for fracked US hydrocarbons with the capacity of creating a fossil lock-in for the next 30 – 50 years. Together with the planned reverse flow project at Moffat, the upgrade of the SNIP (Scotland to Northern Ireland pipeline) to accommodate physical reverse flow between Ballylumford and Twynholm and the Islandmagee Underground Gas Storage (UGS) facility at Larne (Northern Ireland), it is part of a big cluster of gas projects that would allow bidirectional flows from Northern Ireland to Great Britain and Ireland, and also from Ireland to United Kingdom'

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The EU is driving this all island of Ireland gas plan (island) - importation of US LNG and interconnectivity (bi-directional flow of the SNIP) between Ireland the UK mainland = security of supply, reducing Russian gas dependency...

stand back and you can see the plan slowly taking shape. Shannon will also attract matched funding from the State (taxpayer) financed bodies...this is where I believe INFA will get much of its funding - the use of public capital to lever private capital into the project

INFA is a recovery play coming back from a deeply distressed state (almost bankruptcy) and it will take time to rebuild investor and market confidence

But, the market is slowly but surely adjusting the valuation of INFA in response to a growing confidence that the project may this time become a reality. Pocock's sterling efforts in dragging the company back from the brink, Wood's elevation to CEO, recent board appointments and what they infer and official backing from the EU and other bodies all contribute to that market confidence building process

There's so much more to come here as INFA takes those baby steps back to recovery and eventual project realisation

Of course the company must now deliver on all fronts. Currently the management is delivering and the market approves of their efforts.

The news-flow in the months ahead will maintain interest in the stock and INFA and Wood especially have suddenly become far more visible to the investor. JW is pivotal here. He's trustworthy. He's prepared to stand up and be counted. I like that

Let's hope they don't falter

GLA