Member Info for spudtheplumber

In a closed period for director buys

You must be very close to breakeven now Setanta if,as you said, you are just under 3% which means you must have bought a decent amount since the dilution .

Still waiting for the Tr1 that was being "filled as I write" on Thursday

Good luck anyway and hope you get your exit soon

I'm saying it's wrong because you're assuming

I don't know if they are in a closed period or not.
If they are privy to price sensitive information then they will be closed
.
So to state "we are not in a closed period " is wrong

What makes you think they aren't in a closed period?

https://www.bbc.co.uk/news/amp/uk-northern-ireland-44759293?__twitter_impression=true

Upfront approx £120mill (recent CEO interviews) 65% under government guarantee scheme 35% project level equity stake

Nice of you to call back in here as the stars are aligning for infa ;))

This is very significant imo

Allowing a greatly reduced upfront capex and future phases can be partly self funded by infa with the early income stream

https://www.gov.uk/government/news/update-on-government-support-for-northern-ireland

On the 27th June Mcadder wrote:

"My earlier 1.5p target by end of July/beginning of Aug still stands here :)"

Big volume today, slowly rerating, the placing overhang won't last forever. Confirmation of deals (tenants or finance) is all we GLA

Yours Setanta?

Great reminder of the significance of pre approval under the UKGGS

I think this is a great way to understand the project

Basically build a house (cavern) and rent out space (tenants )

2/3 financed by a bank loan on favourable terms (due to government guarantee scheme )

1/3 project level equity (share of islandmagee storage )

Non dilutive to infrastrata plc

At 1p takeover the bod options would be worthless

£11million historical costs plus FEED costs circa £5mill (including EU grant funding )

Well it sounds as though they are talking to the right people Setanta

https://m.youtube.com/watch?v=jH2i5zY467s&feature=youtu.be

Nice comments at the end from Adrian about returning with very good news

A "blue chip" linked as either a Tennant, investor or both will see this rerate significantly imo

By new tr1 holder Steve Jones today, confirmed on Twitter