SS INFA cruising ahead of schedule2 Dec 2018 13:43
Here is a revisit to some very tasty hors d'oeuvre appetizers from the conference call before we go on to sample the the main course of Wednesday’s meeting in London.
Chrisatrdg 6 September ‘….Hi spudtheplumber - Agree with your comments & I was able to add at the end questions about UK Government & Milestone 12 re samples so I am now more than happy but ringing in my ear was the potential SP of 10p…..’
The following are excerpts from JW answering questions
https://www.dropbox.com/s/umf04efszbxwcen/15_4257424_67046076820180906163331.mp3?dl=0
‘We have recieved 29 applications for EOI we will shorten that down to about 5’
‘1st 2 caverns not dependant on the SNIP’.
‘Phase 3…. 6-8 caverns but that might not be the end of it’
‘……as long as we can get the gas moving there is end until we reach the Rough volume’
‘The enabling works we want to undertake in January will derisk the project and take out the conflicts from the critical path’
‘…the islandmagee project will be just one of many projects as we become a normal infrastructure company…’
‘Our key priority is to ensure that we clients to use our facility….offtake partners and finance project partners in place…we are in extremely advanced discussions with both. It is our hope to update you about this before the end of the year.’
At the meeting, it looks like we might (among other things!) get updated regarding the financial project partners, the possible future number of caverns, (therefore an estimation of the possible gas flows) an updated estimate of the share price projection, info on the enabling works (the planning of which is obviously very advanced), more info on any future projects in the pipeline.
Wow !…..I can’t wait for Wednesday’s meeting. Everything that has been deadlined or targeted as been met with time to spare and well within budget……this company really delivers what it states on the tin !
World class….no question ?
GLA