Member Info for Setanta1

Losing the plot here! I should have added that either way it will have to be notified in the next few days.

DaWaMa, you're right Ido. Don't you. There is only one other ,(outside), possibility,Ithink. Go well..

I should have added that there is almost certainly one more of the same magnitude to come That should be it!

Exactly the same number at the same price as on Friday's sell. So now we have a pretty good idea who it may be! It doesn't dampen my current optimism. In fact it's probably better to get the non committed out of the way. They tend to hold the SP down while they are being traded.

Read the chairmans statement and I like it even more. It alludes to the Islandmagee project providing 25% of the UK natural gas storage, the" indisputable need" for the project and the fact that salary costs have been reduced 50%.It also mentions ongoing discussions with potential users and gives the date for completion of stages of FEED.The intention to return value to shareholders certainly pleased me. About time we had such positive statements.

is out although it hasn't yet been posted on LSE. It looks very positive while pointing out that the actual results refer to time before the appointment of the current board. But the statements relate to talks with possible users of the Islandmagee facility and to commencement of the FEED phase of the project. It certainly looks upbeat to me and I'll be surprised if we don't have some early positive news. In fact I'll be surprised if there aren't some strong statements tomprrow. Now back for another read of the RNS!

We should see the RNS this afternoon for the Annual Report and Accounts to 31July 2017. May well be a nugget or two there!

Yes, keep up there mcadder. I'm holding a bit back there until after the admissions on Wednesday! Go well.

The 1,572742 is mine and there is another 2,340640 buy already made but not yet reported.

Goodday to all the regulars. 1.Spud, if someone buys shares at .4p ,(as you suggested), and sells them at .3p he has made a loss.Incontrovertible! In any case I found your hypothesis aboit the 11M shares quite,(or almost), incredible. 2. The 11M shares were sold by a broker and they were being traded during most of the day. Thus the MMs kept the spread under tight control (classing some big buys as sells), because they they didn't want to end the day holding millions of INFA shares. Provided there are no similar big sells next week the SP should show an upward trend. 3.The large sell was not from L&G because they wouldn't have made it so transparent, and most likely they would have sold a lot more of their holding in any case. Their holding in INFA is very important both in its size and in the confidence given to possible farmin investors by the presence of an important institutional investor who knows exactly whats going on at INFA. 4. Like DaWaMa i'm thinking of investing again depending what happens next week and after the placing shares are admitted. My average is higher than yours mcadder and I think I would like to get it down a bit. 5.AIM should be called GUESS because that's all it comes down to. We do our research primarily in RNSs which are invariably ambiguous and often misleading, if not downright dishonest. We are at the mercy of the companies, their brokers and the self seeking MMs. There is absolutely no reason why trades cannot be correctly classed as buys or sells except that the MMS want to mislead to increase their profit. That won't change. I think, so we are invested here to make a big profit or,(as DaWaMa said), to bear the loss Go well.

Thanks for your reply but i still don't understand the logic.Someone takes a loss of �11k to be able to purchase 5.5m warrant shares at .6p each, if the sp ever gets that far. Doesn't seem too sensible.

I'm afraid you've got me there ,spud. Why would anyone sell over 11M shares at a loss of over �11k to buy them back at the price for which they had sold them? crl123. L&G hold ,(or held!), over 42M shares and I don't think they would have sold in such a piecemeal manner. Another question for next weeks meeting! I share your thoughts reference AP.

I think that wondering who todays large seller might be is a very legitimate concern. For instance if it wre L&G it would give me a good deal of cause for concern because the continued presence of L&G here is one of the factors that bolsters my confidence in INFA. Also if I were to exit I would post that here and give my reasons for doing it. . We need all the help we can get with our investments on AIM. You know as well as anyone the pitfalls investors face both from devious practises by mms, and even the companies and their agents. Read the recent posts of DaWaMa. We investors must do all the research we can and then GUESS because that's all it comes down to on AIM. If there is a large sell it can have a far greater negative effect than a similar buy may have a positive effect.That is why I am interested in who might be selling a holding which is not a great deal less than my own.

crl123, it was a sell. I wonder whose?!

The 6m and circa 5m trades were buys. The sell price at the time of each was .291p. We begin to rise!

I like the philosophical comments but, at the moment ,I feel more interested in the short term reality of my investment Here and this is how I think it could develop: 1. The �.6m to complete the FEED will be raised very soon. Thus there will be progress up to the FID. That's where the �300m investment comes in.( crl123, nimbidc is right about that; he always is in matters of fact!). 2.There will be some important possibilities which wii impinge on the FID. a) the attitude of the UK government to encouraging investment in gas storage. Up to now they have not shown any willingness to participate.If that changes the major gas companies will snap up INFA. b) the so called government of NI might wake up and understand that if they don't spend the �1B which is at their disposal from the UK they may lose it in the event of an election in the UK. A small part of that �1B could easily find its way to Islandmagee. c) there is a strong possibility of a buyout or a farmin at the current derisory MCAP.Any major who wanted to become a future tenant could buy a stake in INFA for peanuts.d), don't forget also the interest that the government of the Republic must have in the success of the project. 3. My guess is that the FEED money will be raised very soon, the project will proceed,interest will revive, the SP will rise and someone will do a buyin. Here's hoping.

My calculation also masterinvestors. Those who attend next Wednesday ought to ask that question. I'm thinking of buying more. Confidence rising again! If INFA finds a major tenant to add to the remaining FEED finance this looks to have a very bright outlook. .

My calculation also masterinvestors. Those who attend next Wednesday ought to ask that question. I'm thinking of buying more. Confidence rising again! If INFA finds a major tenant to add to the remaining FEED finance this looks to have a very bright outlook. .

I'm not at all delighted, but then I haven't been since the change of BOD. But I am more optimistic than I was yesterday.Reasons? 1. They have appointed SVS as the joint broker. SVS is a wide awake outfit and I don't think they would have accepted the brokership if they weren't pretty sure that they would be able to solve the immediate finance problem. 2. The diminution in the finance required to commence FEED makes that very accessible-and very soon. 3. I like the idea of the .6p warrants. A SVS idea I would guess! The placees wouldn't have been so keen if the didn't have the prospect of exercising the warrants fairly soon. 4. Finding a major tenant is a good move. It will give confidence to the market that there is belief in the project. And INFA has the NED with the expertise to take this forward. 5. I think the various strands outlined will generate news in the short term which should enliven the market. 6. The RNS now indicates that the contractors WILL put up the �1.1m. No maybe this time. Not being among the placees is unimportant since one can buy the shares at the placing price today. The news is hardly what we wanted but I see this as a precursor to moving forward. So cheer up crl123. All is not lost.And your favourite share is having a good day!! PS. They didn't raise the �.6M today decause it would have created an unacceptable overhang of shares.

There was some encouragement in the interview, saintpeter7. But I didn't feel the chairman had a sound grasp of the technology and the fact that he thought the share price had risen since the RTO amazed me. It's a small point but he also had a problem pronouncing the name of the company correctly. Reference the very important debt situation he was very unclear. None of the Altair debt has been paid down and the �300K to be paid to ALtair by 30 April will only represent interest due on the Altair loan up to July 2017. The debt will remain unchanged. We are currently only involved in skirmishing in relation to EQT share activity. At some stage the placing shares will be sold and that will affect the share price. The important question is whether the company will have achieved sufficient progress for that to be acceptable.In the meantime it would be good to see clarity in the various pronouncements because it has been singularly lacking to date.