Infinity Eng. Share Discussion Threads

[mally6] 21/3/2017 10:43

TIDY
i understand the possibilities but look what has transpired over the last week here inft has gone from 0.07 to 0.30 ish back to 0.10 and a 500k placement in between on no news from the board only speculation from the boards.doesnt that strike you as odd.
im not trying to get at you

[tidy 2] 21/3/2017 10:00

Mally how long does it take to organise funding and I don't mean your QuickQuid Loan

[oilbuy] 21/3/2017 09:58

Enough said. It's crystal clear the intent here !

[tidy 2] 21/3/2017 09:57

Board seeks to explore and complete investment opportunities in line with its strategy in the UK onshore oil and gas sector. They Have Raised £500k as of RNS 16/03/2017 CEO INFT is Gerwyn Williams he currently holds 29.9% of the stock. Yes he is aligned with you and yes he owns 2 licences and drilling permits. One licence contains 18 TCF gas. One has 490ft Shale.

[mally6] 21/3/2017 09:27

If funding was so close why did they raise at 50%discount I don't believe in coincedents all this looks like it's been worked for the mm benefit

[tidy 2] 21/3/2017 09:17

Or you could be completely off the scent having done no research. The spike was in anticipation of news on funding. Work it out

[mally6] 21/3/2017 08:40

But its true the bod released rns to say they have no reasons for rise the nxt day was followed by raise of half mcap.the day after its up 100% on no news just pumpers who probably sold out and others who bought stuck on a spike.so flipping obvious.mm stocks are nothing but corrupt

[billweb] 21/3/2017 08:29

Mally - you really are a pratt.

[mally6] 21/3/2017 08:17

Pump and now the big dump back to 0.1

[tidy 2] 20/3/2017 15:48

The proceeds of the subscription will be used to increase the cash reserves of the Company as the Board seeks to explore and complete investment opportunities in line with its strategy in the UK onshore oil and gas sector.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] 20/3/2017 15:24

Infinity Energy S.A (LSE:INFT) Board seeks to explore and complete investment opportunities in line with its strategy in the UK onshore oil and gas sector. Raised £500k as of RNS 16/03/2017CEO INFT is Gerwyn Williams (29.9% SH)+ The Head of Coastal Oil & Gas Ltd (COG)COG own exploration licences and permits in Wales, Somerset and Kent.GW believes as per press interviews in 2014 he has discovered 18TCF recoverable. Around about this time he joined the board of what is now called Infinity Energy (name and strategic change soon after).COG Ltd is not a cash rich company, but licence and permit rich for a massive resource. GW knows his Gas!I believe the plan is to bring COG to market. Drill and Produce.Shareholder Value.

[tidy 2] 20/3/2017 14:49

He battled protesters for 4 or 5 years before he got the go ahead.

[tidy 2] 20/3/2017 14:48

Not initially

[tidy 2] 20/3/2017 14:48

Core samples sent to Texas to evaluate the shales from boreholes drilled. Results they est 18 tcf recoverable from 50 TCF resource. This is for the license ground and permits GW owns

[robbie1424] 20/3/2017 14:42

Tidy- is this all based on fracking?

[tidy 2] 20/3/2017 14:31

Current cap fully diluted is circa £1.2m quid.

[tidy 2] 20/3/2017 14:30

As GW has now drilled 6 boreholes and 1 production well. He's now come to market to take it to the next level. Should be a monster rerate from here into the pennies for sure imo. Rise to INFINITY for sure imo. 1,300 TCF est by GW nice.

[tidy 2] 20/3/2017 14:16

Lots of research done here. Big prize small cap.

[robbie1424] 20/3/2017 14:06

Tidy- you've talked me into taking a few.
Looks good on paper!
Can they deliver.

[tidy 2] 20/3/2017 12:01

They issued and RNS on the 15th then issued one on the 16th which was what the initial interest was all about as they got the funds required to move forward. Therefore this rise is based on research of what they will use the funds for. The next RNS will reveal all. From RNS 16th Shareholders should rest assured that the Company is committed to delivering news regarding the implementation of this strategy in the short-term".

[tidy 2] 20/3/2017 10:57

BBC News - Fracking: Coastal Oil and Gas Ltd backs Osborne support http://www.bbc.co.uk/news/uk-wales-20623987This is GW's private company

[tidy 2] 20/3/2017 10:52

"If we couldn't do it, we wouldn't have the licences because one of the tests you had to prove or pass with the government before they will let you have the licence is the financial capability. So that answers itself, I think." He predicted an exploration well would cost £400,000 and confirmed that the company would have its own rig – unlike many licence operators 6 boreholes already drilled plus 1 production well.