Member Info for Si_Derman

What action did you take, if any?

Morning pacman, of course there are exceptions where it has been favourable. Just saying that, in my experience, it never has.
Obviously, just held the wrong shares. :(
And, also, sold the wrong shares in some instances. lol

*that held.
And 2p would give a Mcap of £74m.

Personally, I've never held a share where a consolidation has worked out in favour of those the held. It just gave more room to take it lower.
An equivalent sp today, in proportion to last years high and allowing for the enlarged issue, would be .53p

Guess a profit is a profit with these guys.
Anywhere between 12.4% and 22.6% going on their purchase prices and the sell prices since they converted.
If, indeed, they were forward selling over the last few days prior to admission.

Oh ho, the hips don't lie.... :)
Guess it's just not there main focus, ATM.
Rather they were busy getting contracts for H&W and doing DD on the FSRU project. TBH
We'll see... meanwhile, we just wait... 'cause that's what what we do.
https://www.youtube.com/watch?v=Y9znA_dwjHw

Hi Speedy, HNY and all that....
Shirley, we will not get any progress updates or feedback till it's all over...
And that could weeks after the PC is done and dusted.
Unless you mean something else ?

Early bird.... and all that, GP.
Once news is out it won't hang about down here for long.
Ready for my worm. :)

My long term chart was showing the same slight breakout too. Looking for confirmation over the next few sessions.
Positive sentiment seems to be returning with plenty of news due shortly.

BTW, the salsa dancing was great fun. Found my inner Shakira, but alas, no chips or dips. :)
Oh, thanks for the update on Snowy, Dawski. Glad to hear.

Don't know about 2020, but I'm looking good. Got me dancing trousers on and I'm off for my first try at salsa.
It's going to be messy. lol
See y'all next year.
Si. X

Got till next Wednesday for possible news on the FSRU project.
JW's coments from the RNS.
"We are pleased to have extended the exclusivity on the FSRU project till 08 January 2020. This will give us the ability to take a comprehensive view on the project and determine next steps that we will take at the end of the exclusivity period. We are very encouraged by the level of international interest expressed for the FSRU Project, both on the construction and the offtake sides. Subject to technical and commercial feasibility, we believe that the FSRU Project will form an important part of the Company's portfolio of projects that it seeks to develop during the next 5 years and operate post-construction."
A project to much or a saftey net should IM go Pete Tong? Not sure, imo, H&W seems to have worked out okay. So far.
Meanwhile:-
The DAERA public consultation running up to 07 February. Not sure how long after for descision, though.
Another Non-Executive Director appointment in the early part of 2020. Resulting in a board of 2 EDs and 3 NEDs.
AGM planned for late January, last time for JW as interim Chairman. Clive Richardson takes over from 1 February.
This would certainly free up JW to focus on the wider strategy of the comany. See the last two below.
Outstanding EU grant of Euros 1.60 million is, we are told, well advabnced and funds will flow after following due process. Costain loan extended to 31 December 2020 or on receipt of the EU grant reclaim, whichever is the earlier.
Release of revised construction tender documents. Q1 2020
New strategic infrastructure project development funding options available. Company keeping higher equity portion.
H&W in receipt of various term sheets for an initial debt facility of £2m. Aim of having this in place in January 2020.
Heads of Terms agreed for project equity funding (or alternative funding) H1 2020.
Equity funding agreement executed (or alternative funding) H1 2020.
And finally, Esther, Final Investment Decision. H1 2020.
I say finally, as there were other, purported, projects alluded to being considered. Namely :-
Other UK mainland gas storage projects to complement the Islandmagee Gas Storage Project.
Existing operational and revenue generating gas storage facilities within the EU.
Going to be an exciting first half of the new year. IMO
Glad to be along for the ride with you good people. LTH's and new holders.
Cheers and HNY, Si. :)

Ticking up going into last hour of 2019. .0345 being paid as I type.
Short term chart looking bullish with a golden cross this morning. 50 going back over the 200 ma.
Here is a snapshot of my current short term chart.
https://invst.ly/pbfx5
Just for my own amusement, but thought i'ld share.
Regards Si. :)

I think it's one those energy efficient lights though. They do take a while to heat up...
But, when they do, they are very bright. :)

It looks like it's on NEX, SpannerHappy.
https://www.lse.co.uk/ShareTrades.asp?shareprice=INFA.GB.PL&share=Infrastrata-Plc

One update I would like to see though, is how Snowman is doing.
Thoughts and best wishes are with you Snowy.

I've re-calculated using the newest total issue of 3,682,856,289
So there is a slight reduction in percentages
Oryx and Harwood....3.17% with 116,666,667
Spreadex....................3.41% ........ 125,500,000
Killik & Co...................4.38%........161,411,590
Crux .......................... 8.15%.........300,000,000
Allianz Global............9.23%.........340,000,000
Lombard ....................9.5%.........350,000,000
That equates to 39.17% held by ii's with a further 16.5% to be accounted for.
That will be some 56 % held by notifiable holders and at least another 4-5% held by previously notfiable TR1's.
So when you add in some LTH's with sizable holdings there is not going to much of a free float to trade with should this get moving.

Lol, should I clear a space on the mantel?

Pretty much, Spud, yes.

From TR1's released we have been told
Oryx and Harwood....3.28% with 116,666,667
Spreadex....................3.5% ........ 125,500,000
Killik & Co...................4.54%........161,411,590
Crux .......................... 8.44%.........300,000,000
Allianz Global............9.56%.........340,000,000
Lombard ....................9.85%.........350,000,000

Total so far ...1,393,578,257
Placing .........1,999,999,950
Balance left ..606,421,693

Someone is going to have to find a new topic. To keep bringing up a failed project form years ago is wearing a bit thin.
A project that since has seen the original BoD thrown for incompetence, an interim BoD come and go and a new BoD replace them. Not a single person from previous incantations and a new BoD that seemed to have jumped through every enviromental hoop thrown at them, and then some. Should they now be held accountable all for previous failed projects?
From what I gather the clean up at woodburn was given to local contractors to "professionally" restore the site. Did they do a proper job? Did the then board check their work? After the results/ plug and abandon RNS on the 16/06/16 the board never mentioned it again.
Maybe you should have aksed JW at one the local meetings instead of keep dragging it here.
Happy Christmas, to you and yours. :)