Member Info for spudtheplumber

Hi Setanta Infa won't be on aim forever imo

Yes O&W potential other project

https://t.co/qALXIU3f07?amp=1 Just released

I'll add my ravings! What about the mahoosive cherry on the cake in the form of £40mill EU grant?........

Hopefully they'll get the presentation on website tomorrow

There is a good section on the structure of potential deals and how infa monetise these by various means

Nice one Dawski

https://twitter.com/InfraStrata_Plc/status/1070710250007859202?s=19 I was talking to Judith and her husband Stephen last night. Over the years there has been Ballylumford power station, SNIP, Moyle interconnector, and an oil supply pipeline all on or through the islandmagee peninsula. Islandmagee gas storage project is the only one that has commited to inject money into the local community via a trust fund.

That a few who saw the presentation last night topped up on the dip today! We saw last night JW & the teams vision for infa GLA

Only daft question is the one you don't ask Infa currently own 100% of the project. Project level equity means we sell a % of project to provide funds to construct. Equity partners receive a % of the profit generated by the facility. This avoids dilution to the plc

Very informative evening! The presentation covers all aspects of the buisness. For me the explanation of gas trading by Arun was brilliant! Fairly detailed economics and financials from Andy Duncan. I can't remember the exact figures but npv of around £140mill (10% discount) giving a fully diluted sp of around 11.5p for 100% of the project (8% discount gives around £220mill) Irr around 21% makes this very attractive to equity partners (figures are from memory so apologies if out a bit) Infa will sell down a % of the project Infa will receive a project management fee Enabling works scheduled for beginning of January John and the team are taking a structured approach to growing this buisness imo. They know what they want and (more importantly) know how to make this happen. The potential 15 extra caverns and the twinning of the SNIP basically replaces Rough! (And only imo btw will negate the need for any other gas storage project) First mover advantage for infa is massive imo.

Great presentation last night, I will my post thoughts later when I'm on train. Looks like a cheap buy opp this morning imo

In a word no. The FEED just completed is for 8 caverns and I'm assuming the grant application was for this project. Doesn't mean no further grants would be available though

Always get traders selling on any news lol

"Completing this final milestone allows the team to concentrate on completing the negotiations that are underway with three potential equity providers that have provided the Company with term sheets for equity funding (at Project or subsidiary level). "

GLA

A few are meeting at the Chamberlain hotel before the meetin (just up the road from the venue) Chamberlain Hotel London, 130-135 Minories, London EC3N 1NU

Snowman he is a total mindless ramper, it means nothing and if we get news Monday it is a total coincidence

A total voting rights (TVR) is issued at the end of any month when new shares are issued. The warrant shares aren't issued until next week so the only extra shares issued this month are from the consultant shares earlier this month. TVR rns are purely regulatory

Decent news followed by some good volume days and it's blue skies imo

Circa 40mill of the 0.6p left O&W these have a January "shelf life" The 0.48p have almost 2.5 years left and won't really be too much of an issue atm imo

£110k into the coffers
Great stuff!