Member Info for spudtheplumber

Since I first invested in infrastrata (coming up 2 years now) this placing is the most raised at the least dilution and most importantly to add value to the project!!

Yep Tidd, a lot looked at the rns title, looked at the price, looked at the spike, but never actually read the rns in my opinion!
Lots of info in there........

At the presentation our sp was 0.69p 7 or so weeks later we raise £1.5m at 1.2p (no warrants) Short term pain , long term gain imo (I wasn't offered the placing btw) I have a feeling we will be higher by the summer! We are much higher than last summer FWIW! In hindsight the 2p spike was premature

As a lth I've been here before! The placing is an investment for shareholders " As part of the Company's equity negotiations with all potential parties, recovering costs invested to date is one key commercial element of the deal and these additional costs will be included within that calculation." Trolls have surfaced at every price over the last couple years but dont last long Great project, great bod, great entry price Lets see where we are In 6 months

Not for working capital but to enhance value to infa in the long term imo. 3 weeks ago I would have been over the moon with a 1.2p fundraise. Marathon not a sprint A small snippet from RNS "As part of the Company's equity negotiations with all potential parties, recovering costs invested to date is one key commercial element of the deal and these additional costs will be included within that calculation."

If you are 101% sure then you must be inside and have therefore just spread inside info over a public bb!!

I would be very surprised if a placing was done for short term working capital, due to the fact the auditor signed off the accounts and we have had circa £230k of warrant money this month.

We will see

Mega caution imo
Pushed some total cr@p last year
Talk their own book and paid by companies imo

There was plans for CAES on islandmagee Ythan.
Gaelectric went bust though (not because of this project btw)

Potential for infa to pick it up???

https://www.bbc.co.uk/news/uk-northern-ireland-39477262

“We are now preparing to start enabling works on the site " Great find mcadder, things moving in the background

Spot on imo Radders! !

"These long-term incentives, along with cash and share based remuneration are designed to align shareholders' and the Company's interests in retaining our key employees to deliver a successful Project over the next three years."

Was in mxo around 3p years ago, I met Stefan the CEO at the UK investors show and sold my shares lol. I believe he is on about 200k a year (could be wrong) No shareholder value has been created there for years! Sorry for off topic

You should have been here a year ago to understand what dilution is lol.

you can roughly work it out from the annual report but not conclusively.
next years will be much clearer.

while I,m here Mitch, careful of MXO its a total dog!! (thank me later) Now there is an overpaid, underachieving CEO if ever there was one

The 1.325 is an uncrossing trade so gave us a false close. Delayed £28k buy just printed

All will be inextricably linked O&W Lots of toing and froing between various parties I imagine.

Imo
Islandmagee MRS is so much more flexible and why traders (off takers) are lining up!
The "best in class" facility will be able to switch between injection and withdrawal in under 90 minutes.
A lot of Shannon lng would end up in our caverns imo, Shannon is just another way of supplying gas into the grid then traders using our facility take over

Centrica bains gas storage facility would also be LRS .
Centrica have announced the scrapping of this project too

https://knect365.com/energy/article/f6838ddc-7c67-4e52-b5b7-fdd4f8137e28/how-can-europes-gas-networks-be-decarbonised?utm_campaign=Share+Widget&utm_medium=Article+Share&utm_source=url

Article on decarbonisation of the gas grid
Mentions Hydrogen and CCS 2 possible future projects for INFA

Good discussion today Mitch and you have helped me research a bit more!

Hope you get satisfactory answers to your questions on the 31st.
I look forward to your opinions of the bod, imo they are "legit" as we kids say ;)))

Nobby is better to talk about this but I believe seasonal storage intrinsic value is no longer economical? These facilities have been planned for years and non have advanced to FEED