Member Info for schlemiel

Do some research and then come back on the thread. You'll find snippets on the net that will alleviate your concerns

Always dyor, always and then back it up with some BB discussion

put those pieces of the jigsaw together yourself - it's much more satisfying when you do your investigation

So are the 0.6p trades buys? I always thought only DMA traders could buy off the bid? There must be surplus stock around if you're able to buy at bid!

Old

You're asking questions we can't answer fella.

Trust the management to do the right thing

What's a 'Special Shareholder Meeting'?

older,

No, I'm not surprised but then I'm not privy to company internals. We can only place our faith and trust in management to do the right thing for the shareholder. You can perform all the due diligence and research to exhaustion but without trustworthy and competent management it's all 'gonna' turn to dust.

I trust this management to do the right thing for the company and therefore for its owners ie the shareholder.

I am sure they know what they're doing. The EU believe in them though that's no recommendation!

It's a binary. Buy and hold the stock or don't hold the stock at all. That's investing for you

Ask yourself this question. How much would it cost a company to start the entire process of developing storage at Islandmagee? The process being :

Formulation of the idea
Setting up a new company to develop the process from start through to pre-construction
Securing planning permission, permits, EU PCI status
Hiring staff
Securing funding
Securing the expertise and developing those important commercial, political (EU, UKG, NIREG, IREG) and financial relationships so important to developing a 'public' asset of this size
Developing inter-company relationships
Fixtures, fittings and premises
and all the other expenses required for such an enterprise

All the above takes TIME AND EXPENSE. Well, INFA has already been through this entire process.

I believe mgt is incurring minimal expenses to FEED and then maybe looking to sell to the highest bidder, assuming there is one of course

Over the long term LNG is going to become so important to the Irish economy (both Ire and N-Ire) and storage and security will become a priority. Islandmagee could become a US import LNG hub, transit,. trading and storage site into Europe and Ireland

I don't know what may happen though. We can only wait for news

Follow the new directors who've been hoovering up stock at around these prices. You don't spend those levels of cash on INFA shares if you're expecting negative news-flow. I'd say that's informed buying

I can't describe how important those levels of director buying does to my own confidence in holding stock here..

but always dyor

this is odd. Last trade timed at 9.04am though at least the selling's stopped.

A period of price consolidation around this area prior to more news would be greatly welcome. 1p by Xmas would be even more welcome!

gla

drilling ban. If Ireland do ban offshore drilling then their reliance on imported gas from the UK, Europe and the US (LNG) will only increase. With this ever greater dependence will come the need for storage to ensure a degree of security should these supply lines become stretched at times of excessive demand, causing price spikes. Storage helps to smooth out such volatility.

Maybe Islandmagee could be used for LNG imports from the US now the EU have agreed to start importing more LNG from the US. Ireland is the perfect dropping off point. A LNG trading hub maybe

It's a juicy and salacious insight which is why when those RNS's start to land we should see some proper movement

At present though, we need the seller(s) to depart and then we may see stronger gains but at present each gain is being sold into so again patience required!

'pounds',

Bad grammar.

that's hundreds of thousands of pounds not the stuff you sprinkle on your ice-cream before strolling along a deserted beach with your missus

I'm not sure if this is underplaying or overplaying the company's future valuation but I'd be happy with 2p in 6 months or less. Such a figure would get me out a hole of my own making.

Advice - do your research and be patient. Lack of patience as cost me hundreds of thousands, literally.

You really cannot ask for more than that level of financial commitment from a COO. His open market buying has been positively voracious

now below 3%

I hope so cos the trend is now quite definitely down! I've gone from a paper profit of around 5k to a profit of £500 - this is a common theme for me..!!

the warrants are doing the damage, I suspect

grrrrr

That's not to say I enjoy seeing the price fall. I'd prefer to see it rise.I'm not a masochist !

warrants being exercised? There's definitely some form of warrant drag in action...

As long as the company is progressing in the real world then the price can do what it likes

It's 'gonna' take more than 26 shares traded to get this moving!...

Is the price drag stock warrants being exercised and sold into the market?