Share Name Share Symbol Market Type Share ISIN Share Description
Infinity Eng. LSE:INFT London Ordinary Share LU0726886947 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.025p -13.16% 0.165p 0.16p 0.17p 0.21p 0.165p 0.195p 151,873,144.00 16:06:19
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 0.0 -0.2 -0.1 - 0.61

Infinity Eng. Share Discussion Threads

Showing 451 to 475 of 475 messages
Chat Pages: 19  18  17  16  15  14  13  12  11  10  9  8  Older
DateSubjectAuthorDiscuss
27/3/2017
16:18
Commenting on the subscription, Gerwyn Williams, Chairman of Infinity, said:"I am very pleased in the continuing and growing confidence being shown by investors in the Company. This further demonstration of support for Infinity from the investment community provides the opportunity to increase the free float of the Company and provide the necessary funding to enable us to press forward with our strategic goals. The Board believes that these further funds are expected to be sufficient to provide the Company with the funding required to undertake any required pre-completion work to execute this strategy. Shareholders should rest assured that the Company is committed to delivering news regarding the implementation of this strategy in the short-term
tidy 2
27/3/2017
16:00
Pattern suggests tomorrow will be blue.
tidy 2
26/3/2017
18:04
LICENCE AREASThe licences are split between UK Methane and Coastal Oil and Gas Limited.Coastal Oil and Gas Limited hold the licences:-? PEDL 100? PEDL 216? PEDL 217? PEDL 218? PEDL 219? PEDL 220UK Methane Limited holds the licences:-? PEDL 148? PEDL 149? PEDL 214? PEDL 215The licence area in South Wales extends from west of Swansea along the M4 corridor to Cardiff West Services. The licence area covers 1,060km2 (260,000 acres) these are split along the national grid lines generally on a 10km x 10km basis. The more recent licences are cut off by the low tide make, however, the older licences are along the high tides mark.The companies also hold licences in Somerset and Kent4 RESOURCE TARGETSThere are a number of resource targets in the South Wales area that have been identified as having the potential to produce gas. In the coalfield there have been identified 142 separate coal seams in the total sequence; from this sequence 15-20 seams have been recognised to have the best potential to produce Coal bed Methane. Underlying the coal basin is up to 800m of Namurian Measures that are made up of sandstones and shales. Below the Namurian Measures lie Limestones, then the Lower Limestone Shale which is another good shale gas target. The Devonian Sequence below the Lower Limestone Shales is dominated by sandstones and is a potential conventional gas target where the gas has been trapped in pores of the sandstones. Underneath the Devonian strata is older rocks of Silurian and Ordovician age, these rocks are producing gas in other parts of Europe especially in Poland and also have the potential to produce gas in South Wales.The Namurian sequence has been identified primarily from two boreholes drilled to look for the possibility of Oil. The first was drilled in 1942 by Anglo American as part of the war effort outside Tonyrefail; this identified over 990ft of dark shales in the Namurian. The Second borehole was drilled just north of Maesteg, near Coegnant Colliery, in 1972-3 by Cambrian Exploration to a depth of 2,648m. We have been able to use the records of these boreholes and have tested samples from the Cambrian borehole and other boreholes drilled by the British Geological Survey (BGS) to confirm the possible gas producing targets. Analysis of thee samples at Aberdeen Laboratories confirmed the shales are good targets and are similar to the Barnett Shales in the USA.WORK TO DATECoastal Oil and Gas Limited and UK Methane Limited have developed a large geological model of the South Wales area using data taken from the mine working and numerous previously drilled boreholes. Onto this model surface constraints have been added to show the location of SSSI's, houses, utilities to locate the ideal locations for drilling exploration wells.In 2008 Coastal Oil and Gas Limited drilled 3 exploration wells on PEDL100 to explore for CBM potential in Aberavon near TATA steel works, Llangeinor near the Georgia Pacific Paper mill and in Pencoed near to the Rockwool Factory. These exploration wells were targeted to provide lower cost energy to major industrial users.In 2011 UK Methane drilled exploration wells on PEDL 148 and PEDL 149. The borehole on PEDL148 was drilled near Banwen on the northern crop of the coal field to confirm the geo- stratigraphy and to look at the potential in the Namurian for shale gas. The borehole on PEDL 149 was drilled on the site of the former St Johns Colliery.A further production borehole has since been drilled at Llangeinor to 650m through a 3.5m coal seam. A planning approval is in place to generate electricity on site in an existing farm building and allows export of electricity to the grid. A field development plan has been approved by DECC (only the second in the UK) for a 3.87km2 gas field. The Llangeinor field has a GIIP (Gas Initially In Place) of 33.7 bcf (billion cubic feet) with a potential recovery of 16.9 bcf. The field has been defined in the Westphalian Coal Measures as a Coal Bed Methane play.UK Methane Limited have recently had approved by Bridgend Council the planning for the drilling of 3 boreholes into the abandoned mine workings at the former St Johns Colliery near Maesteg. This is to drill into the void created by the mine workings in the 2ft9 seam and to utilise the gas for onsite power generation. This scheme can be used as a model to look at other abandoned mine methane projects across South Wales.Previously in South Wales, (1982) Shell shot three seismic lines across the Vale of Glamorgan. These have been utilised in our geological modeling and indicate potential for conventional gas resources in The Vale of Glamorgan.6 GROUND STIMULATIONAt this stage, boreholes are for exploration with no ground stimulation (fracing) planned. Any ground stimulation will be subject to additional planning applications once the information derived from the exploration boreholes has been analised.The science behind ground stimulation has rapidly evolved and the technology utilised has UK central government approval. Following the exploration program the licences will be evaluated for the most suitable area for any production trials. The location of anyappraisal/production site will be selected in conjunction with the Environment Agency and local planning officers.7 PROVEN RESOURCEThe unconventional gas resources in South Wales have been reviewed by independent assessors. The potential shale gas reserves in the Namurian Measures on the companies South Wales licences have been reviewed by RPS in Dallas, USA.The RPS report on available data on the Namurian strata indicates gas initially in place (GIIP) of 49,870 bcf (49.87 tcf).At this stage we have not assessed the potential resources in the other shale gas targets of the Lower Limestone Shale, Silurian and Ordovician. The planned exploration boreholes will sample and test these intervals to prepare reserve calculations. Following further exploration boreholes the Namurian resource is expected to increase substantially. An estimated recoverable recourse of 18tcf+ has been indicated in the report and by way of comparison, the whole of the UK uses some 3tcf per annum.The Coal Bed Methane resource in South Wales has been assessed by a second consultancy company (RISC of Perth Australia) who have calculated an unrisked GIIP volume of 1,651bcfConclusions? Wales could become self sufficient in energy and potentially be a gas exporter.? Thousands of jobs could be created by a new unconventional gas industry in Wales,both new jobs for young people and replacement jobs for those lost recently in the coaland steel industries.? Millions of pounds can be generated in local and central government taxes.? The produced gas can be used as an alternative to petrol for road vehicles both lowering the cost of fuel and emissions.? The produced gas can provide energy security in Wales and the UK together with lower emissions.? The produced gas can be used as a feedstock for Hydrogen production and Carbon fibre.Gerwyn Llewellyn Williams C.Eng FIMMM MEI ChairmanUK Onshore Gas Limitedhttp://www.senedd.assembly.wales/documents/s14805/Paper%201.pdf
tidy 2
26/3/2017
14:32
Come on Ger give us a big surprise
oilbuy
26/3/2017
13:53
Interesting week ahead!
miahkaysor
25/3/2017
10:44
Weekend reading on he Welsh assets and what GW has accomplished on it to date hxxp://www.senedd.assembly.wales/documents/s14805/Paper%201.pdf From another rival bb !
fission453
24/3/2017
15:55
Any dip see's a raft of buying!
fission453
24/3/2017
14:45
+++ on license and permit news for 50 tcf with 18 of it recoverable.
tidy 2
24/3/2017
14:37
next week we will be on the other side of 0.5p
falia
24/3/2017
14:35
Huge volume.
someuwin
24/3/2017
13:17
News assured by GW short term so news before or after the prezo
tidy 2
24/3/2017
13:16
GW presents to peterhouse and clients on Wed 29th. Next Wed
tidy 2
24/3/2017
13:15
Yes the cash rumour got the spike going then on the 15th said no of no reason then 16th placed for £500k to get to the next level. GW came to market to get his gas plays to the next level. Yesterday there was a rumour of further placing which was quashed by GW through the broker. Brokers involved were perterhouse and Optiva clients.
tidy 2
24/3/2017
12:51
not having a go tidy, where and when was the rumour of placing, was it after the rns on 16 mar ? Who invested at 0.09 p placing ?
arab3
24/3/2017
12:47
Robbie14241,522 postsNeverThere's a big buyorder in. Says news is close. Always good to have friends in the right places;0) And we are in early!
tidy 2
24/3/2017
12:43
Arab so I posted that minus your amendments !!
tidy 2
24/3/2017
12:39
No the rumour of placing is quashed. Direct from GW through broker ! And he has just placed £500k. Cash rich no debt.
tidy 2
24/3/2017
12:38
Arab you correct, but I think tidy was stating the possible but not questioning the shares as a bad investment. My thoughts
amrishbhim
24/3/2017
12:36
tidy rns 15/3/2017 not a rumour he Company is planning to raise funding to provide additional capital to pursue its investing policy. A further announcement will be made in due course.
arab3
24/3/2017
12:33
This could go ballistic.
someuwin
24/3/2017
12:28
#INFT looks like its now primed to break into .20's. Rumours of Placing dismissed, flippers done. Vol HUGE, newsflow to begin... NICE!
tidy 2
24/3/2017
12:27
MMS Letting it go now
tidy 2
24/3/2017
12:22
15 bags from here base. It's a gift and the writings on he wall. GW do your stuff. 18 tcf gas. YES PLEASE !
tidy 2
24/3/2017
12:01
The only way is up!
ch1rp
24/3/2017
12:01
That's right @Alexios1201 yes Frr £200m debt £34m cap today and similar gas to GW in Wales. INFT 18 tcf gas no debt and £1.6m cap. It could be ours as INFT is GW's planned route to get the resource to market. "News short term assured"
tidy 2
Chat Pages: 19  18  17  16  15  14  13  12  11  10  9  8  Older
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