Member Info for Setanta1

Bursts of activity and then it all stops! The Cobra agreement to utilise the EGT system where it deems it to be appropriate should be good news. The letter of intent from Black Toro could also be good news but bear in mind that the intent is to buy just under half ot Eiboss SE. That is unlikely to come to fruition for some time and in the meantime BTC will not be lending EIBOSS the 2M Euros. Therefore we do not have additional funding and, in any case, it might not be used for EQTs purposes. There is no distressed seller, just machinations with individual shareholdings. The fall in the sp today may be a sign that we are about to witness another low priced placing. Nothing too wrong with that unless one bought one shares at over 1p. Companies need cash and EQT is no exception! Posting cut and pastes without reading them properly or understanding them does good service to nobody!

The two 6.5M trades today were possibly a buy and a sell related to an ISA and the later 1.8M apparent buy could have been a sell from earlier in the morning,(or a buy!). The fact is that throughout February the average daily number of shares traded daily was about 6M which is very low in a company with almost 1.4 Billion shares in issue. One has to think that the stock is being manipulated for the benefit of some parties with influence. The plot will unravel when they want it to and not before.

The 240m placing shares have already been admitted to trading but all the appearances are that they have not been sold,(unless the 2% that Monecor dropped were part of the placing).If the placees were to take their profit now it is clear that the sp would fall dramatacally. Hence my belief that they are abiding by a self imposed moratorium on selling, and the MMs are cooperating in the exercise, I think. Remember that EQT have given Altair warrants to subscribe for 105m shares @.975p which is still much lower than the average for most investors here. Also remember that EQT must pay Altair �300k by 30 April 2018. That sum will have to be raised in some way, and another placing might be considered opportune.( A further reason to suppress the sp?) So at this point the certain gainers here appear to be Altair and the three .65p placees and there is a potential overhang of 355m shares. Those are,I think, the facts. I think EQT will be a suuccess, but just when I wouldn't like to speculate.

This share is very tightly controlled, thats why! I predicted on 19Jan in my post post that the sp would fall to at least 1.7p. I can now see it falling to a lower price. 20% of the current shares were placed at .65p and none have been sold so far,( by agreement I would guess). If the broker couldn't get more than .65p per share that is how much value the market put upon the shares. The company is innovative and interesting but one needs to show a bit of common sense in dealing with it as an investment.

1. The spread is being held wide to discourage trading in the stock. Clearly the stock is being very closely managed and until the company decides to change that the SP won't get very far. Anyone who believes that a company which raised �1.6m at a giveaway price of .6p when the SP was around 3p is considered a great bet by the financial markets is likely to be mistaken. The placees for the 246 million shares placed are going to want to sell at some point, ( they would probably do so now but they may have agreed not to do so for the moment), and that could also adversely affect the SP. 2. We investors need to realise that the "power stations" to be constructed by EQT are fairly small scale affairs and they are unlikely to change the "landscape " of electricity supply. think the project is meritorious but not world shattering. 3. And, uinsionn, I agree with jiddy that it doesn't seem very worthwhile to be posting excerpts of RNSs. The amazing thing about this site is that it goes wild with all kinds of prognostications when the SP has a decent day and then it falls silent as the number of trades decrease. In short I think EQT is very poorly understood.

crl123 ref global warming and INFA. All that matters at this juncture is that INFA secures the money for the completion of FEED. I now have no doubt that that will be achieved very soon and the SP will respond accordingly and that is the only thing that interests me. But talking about raising money...I noticed that WRES raised $35M last week to further develop the La Parilla mine. Not bad for a company with over 5 billion shares and a current SP of around.5p. Shows one what can be done with good management and efficient financial advisers !

They were looking for the FEED finance when they took over almost eight months ago and so far they haven't managed that much. But they have managed to cut the immediate requirement to �650k. Surely they can achieve that much to get the show on the road. If they cannot raise it from a partner they should opt to do so by seeking it from a dozen willing investors of �50k each and the board should be the first four of the dozen. This is a serious suggestion and with a proper proposal I would make one of those investors. I am amazed that SVS hasn't suggested this already. They did it with EQT and raised �1.65m from two intitutional type investors and one private investor. It is high time INFA woke up.There are strong suggestions that NI may soon have a new power sharing government and if it has I would be surprised if even the current INFA board couldn't persuade it to put some of the �1billion it has available for supporting the Conservative government into this important project. So hands to the pump BOD.

crl, since the end of June 2017 and the GM we haven't had one purely positive RNS in relation to INFA . The only RNS that was even remotely positive was the Chairmans statement that went with the AGM details and that was only a combination of hints and possibilities. I recommend you to go back and read some of Dana's posts The penultimate post on 27June suggested that we might read Allenby's "research" into INFA. That suggested that the FEED would start by the beginning of 2017,( so we're not too far behind!), and set a valuation on the share of.....(wait for it)....10p!! Bear in mind that Allenby was,(and still is), the Nomad and the Broker! Since then there has been no positive information given to shareholders. I wonder whether Adrian feels ashamed? He certainly should. PS. mcadder, do yourself a favour and stop responding to those posters who just love winding you up. It does nothing for your investment in INFA and it's just a waste of your time. My suggestion is kindly meant.

And still reading the posts here from time to time. So I may as well add something. 1. When AP and PW were requisitioning the SP was .72p and they thought that that represented poor shareholder value. Today the SP is .28p 2.Before the old BOD was ousted Dana (AP) told us that the new directors would have a " prerequisite to be shareholders" and that they would be buying a "considerable shareholding in the next few weeks prior to the GM" which ousted the old BOD. The new NEDS hold .48% of the shares and one of them, (KC), holds none! MY mpression has been that AP had great difficulty finding individuals who even wanted to accept directorships and thus he was in no position to insist that they might buy any "considerable shareholdings". I was always suspicious about PWs reasons for resigning from the board. He cited pressure of work in his single current directorship while the new Chairman of INFA has eight other directorships. I don't really imagine that the new NEDs devote any vast amount of time to INFA. 3. I believe in the Islandmagee project, or at least I think it has merit. But it is being appallingly managed. AP gives the impression that he really doesn't know what he is about and that he has bitten off far more than he can chew. We, the shareholders, need a clear statement of where we are up to, not a bit of encouragement when this BOD wants to raise another placing followed by weeks and weeks of a deathly silence. 4.What is important to us is not whether the market for gas is likely to be lively in the short term or whether the UK needs more gas storage capacity in the longer term but when is the buyer, farmin partner, or even the �600k to kick start the FEED going to materialise. Those are the only elements which will enliven the SP which happens to be the only thing which is of interest to me. Communication on those matters...That is all I want!!!!

I wonder if you would be good enough to give me the source of the cut and paste articles you've been posting for the past few days. Posted in the way the are they provide information which doesn't appear to be sequential and which is, in any case, at times very misleading. I'd be grateful for the source and then I can comment if ou like. Thanks.

I share your sentiments.The lack of any kind of PR is particularly disappointing especially after the criticism Adrian levelled at his predecessors. It is just about certain that the finance for FEED will be announced very soon because that phase of the project needs to be started quickly, but what I really want to hear is news of a farmin or a straight buy in by an interested party. That would set the SP moving. Soon , I hope. I very much agree with you mcadder that the project is too important to fail. Apropos the directors not buying more shares, I think that is extraordinary. Karen Campbell hasn't bought any shares whatsoever and one would have thought that Adrian would have led by his example. We are not in a closed period now!

saintpeter7, the above was in fact a large sell of 9.23M shares. But i don't think the placees have even begun to sell theeir shares. The situation is being tightly controlled and it will stay that way until there is some ver positive news. jeffry, the reason for the low placing price is because the broker wanted to sell the placing shares to just a few investors with adequate funds available rather than try to spread it over a wider range of investors. And .6p was what the market was prepared to pay1

Yes,spud, and i regard that as very good news indeed.We should certainly have the financing news in the very very near future.

They now stand at 5.11% so they should TR1 at this stage and at each percentage point crossed (in either direction) thereafter. But they have only arrived at 5.11% because of the additional placing shares. Previously they stood at 6.38%.

here this evening.Well done crl123. Hope it goes well for all of us! mcadder, you are quite right ,as usual, ref the L&G 32ishM. One of the reasons I wish they'd bring the website up to date is to save me the trouble of searching for lost or forgotten data.

Doesn't the transfer to ISA involve a sell as well as a matching buy? And how is that reported? And are we to assume that the placing shares were dealt with in tranches of 11.66M? If so it points the way to rapid FEED finance. Nice to think we may still have L&G with us. Good day today crl, and L&G hold 42M. And Adrian for heavens sake get someone to bring the website,(or at least the investor portion of it) up to date!

No,mcadder. I try to avoid that but I'm very close yet again! Go well.

1. mcadder, your maths are impeccable, but I have a hunch that the two 10M buys were by the same person or entity,(they're so close together), and that would spring a TR1 because they would be at 6.6% if it were the Bradshaws. You'll have worked that out anyway. But I won't hold my breathe this week for any notification. They generally arrive late. Not that it matters much. Most important is that they are buys. 2 BREWSABONUS.They can't buy during a placing and NEDs tend to be very abstemious in the way they buy their own company's shares in any case.

No crl13 I wasn't at the meeting. BREWSABONUS, NEDS just don't buy in 10M lots. mcadder, Could it be the Bradshaws again? They have always bought in 10M tranches and both this afternoons trades were done within minutes of each other.If not they run the risk that I may shortly overtake them as the largest private holder,just! Bullish stuff!

crl123. We're in general agreement , I think.But it isn't the ex director. He never held over 23m shares and what he did(does) hold was at an average of multiples of .3p. I still think the next 11.666m is in there being traded which explains the MMs holding the SP down. The �.6M required by INFA is much better than a racing certainty in the short term. They need it to kickstart FEED VERY SOON and if there is no other way to raise the money it will be achieved via a placing from a small number of selected investors with decent amounts to commit, and who will abide by a few rules in relation to their ability to trade those placing shares in the short term. SVS will see to all that,I think. A moderate day for the clr favourite! Go well.