Member Info for spudtheplumber

Lovely!!!!!

Well that's a potential scenario I suppose Snowman

I don't think it's Engie

Reason being Storengy (subsidiary ) owns and operates stublach etc
Infa plans to operate Islandmagee itself

Just thinking out loud by the way

If you want to vote you require a letter of introduction from your broker with proof of holding.

You can attend as a visitor I believe, maybe email company to check?

A couple of quotes from the annual report

Off takers

"We are further exploring the option of putting together a consortium of offtake partners if this will enhance the value proposition for the Company and our shareholders"

Equity partners

"Clearly, we need to choose an equity partner who shares a common vision of the Company becoming a leader in energy infrastructure over the next few years."

A leader in energy infrastructure, I'm quite excited by that tbf

Hints of new board members were made recently, it will be telling who joins imo

Thanks Nobby! I respect your history with the company Arun Raman did touch on intrinsic and extrinsic factors during December presentation. I believe the intraday price volatility provides the extrinsic value and the seasonal spread provides the intrinsic value??

A very similar question was asked by a very experienced investor at the presentation O&W I believe the readers benefit from any spike in spot price, infas income is fairly constant (apart from any charges to traders for increased cycling of IM)

Not sure if it's industry standard to have 4 Investors competing for a stake in your project? We will all see soon enough Carry Project management Facility management Retained equity The 4 ways infa have stated various projects will provide income

Great week for infa, lots of volume and sp heading the right way.

Good weekend everyone

77 grand from yesterday

The EU grant has always been the large cherry on the large cake. Like I keep saying wait for the deal

Got to be something to do with the latest term sheet received on 17th December then? (After the presentation)

Knowing your day job loosegoose, I take your post very positively.
Enjoy the après ski

Pointed out to me by another investor (Stephen Jones)

From the annual report
"Therefore, Phase 1 would consist of 2 or possibly 3 caverns "

First time the possibility of 3 caverns for phase 1 has been mentioned (as far as I know anyway )

A 3rd cavern would give infa and equity partners more income in a much shorter timescale, which would surely change the economics?

Not without ANY debt funding Lurker!

"The level of debt that the Project will require is being modelled currently. Several potential equity project partners have indicated that they may fund a substantial portion of Phase 1 of the Project and, therefore, a large amount of debt finance may not be required."

We will have to wait and see which deal JW & co go with.
It will, imo, be the best long term deal for infa shareholders.

The company will be income generating very soon

Other way round EG

No

Yeah 2 year come April for the .48p I believe The .6 ones are finished very soon

https://www.carbonbrief.org/ccc-uk-should-move-away-from-large-scale-biomass-burning/amp?__twitter_impression=true

From RNS

"Market participants, i.e. producers, traders, network operators and consumers, are all now willing to pay for gas storage at rates that make these projects commercially viable"

Looking forward to hearing who our off takers will be, no wonder we are looking at the extra caverns